Saturday, April 9, 2016

Week 14: April 3, 2016 -- April 9, 2016

From this week's Oil & Gas Journal On-Line twitter, pretty cool, 1951 - 64 years ago, I guess:


Now, back to the other big stories of the past week:

If this project is as far along as the article suggests, this was clearly the biggest North Dakota story posted this past week -- technically it was almost two weeks ago but I didn't get it posted until this past week -- whatever -- as I was saying, if this project is this far along, that they are ready to break ground on a second refinery in North Dakota, this is a huge story, especially considering everything else going on. Remember: a recent RBN Energy story suggests operators are paying $6.50/bbl to ship their oil by railroad to St James, Louisiana -- think of the cost benefits of refining this oil here in the state.

The Oil & Gas Journal has a great twitter post: North Dakota remains in 2nd position among US states in crude oil production.

Internationally, the stories coming out of Norway regarding its deteriorating oil and gas industry were noteworthy.

Operations
Whiting's Flathead Federal wells are ... simply staggering
Whiting reports a well that has produced > 210,000 bbls in less than 5 months 
North Dakota remains in 2nd position among US states in crude oil production
QEP reports five big wells in Grail, Blue Buttes oil fields
A well to follow: BR drilling a new lateral from an old well site
MDU announces sale of its last marketed oil and natural gas production properties
Filloon's update on the Bakken: focus on Halcon
Update on the St James, Louisiana hub -- an important hub for Bakken crude oil
Freezing soil and severance taxes: North Dakota vs Texas
Comparing well costs across the US

Refinery operations
Plans for Belfield refinery moving forward: the Davis Refinery

CBR
North Dakota operators losing $6.50/bbl shipping CBR

Pipeline
Oasis announces open season for Johnson's Corner Pipeline Project

Natural gas
The word for the day: Wobbe

Bakken economy
Turkish cuisine in Williston
North Dakota farmland values decline for first time in 11 years
Watford City high school senior opens bakery 

Miscellaneous
What the Emerald bankruptcy might mean for mineral owners
Oil bulls have a great week 
"Happy Birthday" to Clarence Iverson #1
Norway's oil and gas industry challenges
The world is moving quickly for the Saudis; depegging the riyal from the US dollar

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