Saturday, September 1, 2018

Week 35: August 26, 2018 -- September 1, 2018

Geoff Simon's top energy stories for North Dakota this past week:
  • TAT: six candidates vie for chairman's seat, September 18, 2018, election
  • Overpass: new overpass on I-94; exit 27; wide loads will need to detour during construction
  • CO2: Federal government pays UND to study CO2 storage
  • Sand: NDGS looking for sand in North Dakota
Williston Wire:
WTI: went over $70/bbl this past week; if Brent breaks through these levels on the "up" side, the shorts will be in panic mode; here;

International:
Canada court "kills" the Trans Mountain Pipeline Expansion project; here; here; here; here;
Denmark: net oil importer for first time ever
Road to Mexico: here; here;

National:
US crude oil inventory drops below 23-day-supply -- not seen since 2014
Nuclear energy industry goes bust

Operations
Kraken Operating reports nice wells in Montana
Slawson getting active in the Bakken 
Zavanna getting active again
Oasis starting to frack the Lite wells in the Bakken 
Oasis' incredible Lawler wells in North Tobacco Garden 
A short lateral EOG well goes over one million bbls -- only ten years old 
CLR reports two huge Mountain Gap wells

Fracking
CLR fracks a Three Forks Jersey well with 74 stages
Transportation costs

Bakken economy
Canadian company buys Mandan-based Missouri Valley Petroleum (MVP)

Miscellaneous
Happy birthday to some very old wells in the Bakken 
Corky sustains blunt trauma injury to forehead
 

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