Saturday, March 9, 2013

Week 10: March 3, 2013 -- March 9, 2013

Bakken operations
20% recovery in the Bakken -- "Array" fracking
EOG's completion design is a game changer -- Filloon
KOG comments on a new completion method
Whiting: 15 wells in one spacing unit
Wall Street Cheat Sheet highlights Whiting's huge prospects in North Dakota
Hess: pure E&P; to sell its retail operations
Drilling costs coming down in the Bakken -- CarpeDiem
CLR's experience in the Bakken -- reader's comment
Overlapping spacing units in the Bakken
Large BEXP pad northwest side of Williston
Active rigs: 187

Pipeline
Enbridge announces completion of its Bakken Expansion Program; increased oil from Berthold to Saskatchewan; new pipeline from Saskatchewan to Manitoba; from there to Chicago
IHS story on pipeline takeaway in the Bakken; Enbridge won't mix Bakken oil with Canadian heavy oil

Railroad
RBN: part III of crude-by-rail terminals in North Dakota

Technology
New technology saves drilling time; the jury is still out (of course)

Economic development
BNSF to use natural gas as a trial

Miscellaneous
Satellite view of the Bakken at night; very little of it was flaring
Posted by at

12 comments:

  1. Bakken OwnerMarch 9, 2013 at 12:06 PM

    The theme of the week: New Technology and Additional Reserves.

    Thanks for all the time you put into this blog!

    ReplyDelete
    Replies
    1. Bruce OksolMarch 9, 2013 at 1:21 PM

      That would be a great theme.

      Thank you for your kind words.

      Delete
  2. AnonymousMarch 9, 2013 at 12:29 PM

    No one has said technically what array fracking actually means other that better rock fracturing.

    ReplyDelete
    Replies
    1. Bruce OksolMarch 9, 2013 at 1:25 PM

      Actually that's not true: re-read two SeekingAlpha articles -- the one on a) array fracking; and, b) KOG's new completion process. The "secret" is in those two articles.

      With regard to "better rock fracturing" you are correct if I assume correctly that you are talking about increased stages and increased proppant.

      Delete
  3. AnonymousMarch 9, 2013 at 2:57 PM

    For those who have not seen a well flowing, from the oil's point of view.

    anon 1

    ReplyDelete
    Replies
    1. Bruce OksolMarch 10, 2013 at 7:42 AM

      Googling "key words" in that post brings one to a lot of interesting new sites.

      Delete
  4. AnonymousMarch 10, 2013 at 5:49 PM

    http://www.youtube.com/EVdownholevideo

    oops,I omitted the link.

    Several videos are well worth watching.

    anon 1

    ReplyDelete
  5. Bruce OksolMarch 10, 2013 at 5:52 PM

    Thank you. I found a lot of interesting sites "googling" what I thought you might have sent me but didn't find this particular one. Now I have it; thank you.

    ReplyDelete
    Replies
    1. Bruce OksolMarch 10, 2013 at 5:55 PM

      It won't be long before anglers start putting cameras a couple of inches above their lures while fishing.

      Delete
  6. AnonymousMarch 12, 2013 at 10:15 AM

    Bruce,
    Do you know why Salem 1-6H is on the inactive well status? What does that mean?

    ReplyDelete
    Replies
    1. Bruce OksolMarch 12, 2013 at 10:47 AM

      I wonder if that might not be an error. Where are you getting information that it is inactive: from CLR directly, or from the NDIC website?

      If it's from CLR directly, that's one thing; if from the NDIC website, that's another thing.

      I will post stand-alone post. Interesting data points.

      Delete
    2. Bruce OksolMarch 12, 2013 at 11:12 AM

      This is the stand-alone post regarding CLR's Salem 1-6H:

      http://www.milliondollarwayblog.com/2013/03/random-look-at-clrs-salem-1-6h.html

      Hopefully it makes sense; if not, let me know.

      Delete

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