Saturday, January 19, 2019

Week 3: January 13, 2019 -- January 19, 2019

Top story: There was only one non-energy story last week that captured the media; the wall

Top energy story: Without question, the top story of the week had to do with the surge in the price of WTI and the stories behind that story.
The story that simply disappeared: the Mexican fuel shortage; update here;

Surprise: Norway: 2019 oil production will drop to a 30-year low 

Geoff Simon's top ND energy stories:
  • tribal oil tax revision proposed (posted earlier on the blog)
  • ND production down slightly in November 
  • Williston, seat of the wealthiest county in the state, median income of $100,000, defeats a school bond issue -- speaks volumes (unfortunately)
  • legislators consider a ferry across Lake Sakakawea
November, 2018, production data
Tier 3? The Halliday wells
Bruin reports a huge well -- one of many -- in Antelope-Sanish
Bruin reports three huge wells in the Bakken 

Bakken 2.5 
Mid-week: five new permits; sixteen permits renewed; eleven DUCs completed
Eight wells come off the confidential list on one day
Jump in production for an EOG Clarks Creek well
Jump in production for an Equinor/Statoil well in Banks oil field
A huge QEP Tipi V well

North Dakota loess as a potential microproppant

Bakken economy
McKenzie County update 
Boot Barn coming to Williston

Other formations
Resonance reports a Madison well NNE of Minot

NDIC presentations to the ND legislature

Art Berman: The Big Sleep 
US crude oil production could jump to 14 million bopd in 2020  
US crude oil production will average 12 million bopd in 2019
Bruin hitting on all cylinders

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