Saturday, March 23, 2013

Week 12: March 17, 2013 -- March 23, 2013

Game changer in the Bakken; biggest story of the week
EOG's super-long horizontals; first well sets new record, 213,000 bbls in less than 5 months

Bakken Operations
BR's Mesa Verde wells with great IPs
Oasis has a gusher, Elery H, Camp
Bakken Hunter has a nice well, first time out, BH HZ, Crosby
BEXP has a gusher, Porter, Alexander
American Eagle has a nice well along the border
BEXP with two nice wells north of Williston
MRO with two nice wells
Oil activity in the Minot area? Finally?
Decline rate for top 20 producing wells in the Bakken -- Filloon
The top 47 producing wells in the Bakken, January, 2013

Sand for fracking
South Dakota Black Hills: another source of sand; very, very close to the Bakken; don't these lawyers and companies every learn? Huge public announcement -- will draw environmental activists to the Black Hills, like moths to a flame.

Miscellaneous
Alberta's take on the Bakken
XTO will withdraw permit near Elkhorn Ranch; activists said 100 wells already there; don't need another;
Biggest divorce settlement ever? Harold Hamm announced divorce proceedings
Average oil production per well per day in the Bakken

Takeaway: Pipelines
What is it about the US and pipelines; US denies another pipeline, Sandpiper denied; Canadian company denied

Takeaway: Rail
Enbridge, Phillips 66 negotiate 3-year deal for Berthold terminal
More on the Berthold terminal