Saturday, June 8, 2013

Week 23: June 2, 2013 -- June 8, 2013

Bakken Operations
Some spectacular IPs could be seen in the Three Forks -- Rigzone
Better wells even as costs go down
It's all about sand: EOG bringing Eagle Ford completion techniques to the Bakken
Shipping sour crude: Enbridge "wins"
CLR's well-spacing pilot projects -- update
KOG adds more Bakken acreage -- at $10,000/acre; KOG buys Liberty Resources;
From the June dockets: CLR looking to place 17 wells on one 640-acre spacing unit

Other formations
Tyler locations in Slope County

CBR
Just how much oil is leaving the state by rail? You might be surprised

Fracking
Just how effective is fracking (radially)?
BLM extends comment period on new fracking regulations for another 60 days
Winona County, MN, approves a new sand mine; first approval after moratorium

Bakken
The central corridor
The central corridor -- the smart money moves in first
32 billion bbls in recoverable reserves -- CLR's estimate of the Bakken/Three Forks
The Bakken will be very, very difficult to replicate
The party's over: fracking is the death knell of OPEC
US shale oil boom scrambles Mideast calculus
North Dakota's GDP growth exceeds that of China
North Dakota economy #1 among states, third year in a row -- CNN

Economy
ND road construction program for 2013 will be largest in history; almost $1 billion
Williston's Buffalo Wild Wings outsells all other BWW restaurants in the universe, first week opening
Dickinson: $1.3 million for 34 acres off I-94, exit 59

Photos
Vern Whitten: the Pyramid oil wells
Robb Siverson photography
Vern Whitten photography

LNG
Increasing use of LNG in E&P operations in Canada, displacing diesel

For investors only
After the KOG-Liberty Resources deal: tracking valuations of KOG, TPLM, OAS
Flashback: QEP paying $40,000/acre may have been a bargain
Price of oil rises; holding above $90; surprising

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