New restaurant in Tioga, to officially open August 20, 2020. Link here. AJ Cafe. I assume this story will disappear into the ethernet some day; that's sad; it's a great story.
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OPEC basket, holy mackerel, huge drop, link here: 43.36.
Back to the Bakken
Active rigs:
| $41.74 | 9/4/2020 | 09/04/2019 | 09/04/2018 | 09/04/2017 | 09/04/2016 |
|---|---|---|---|---|---|
| Active Rigs | 9 | 61 | 62 | 56 | 33 |
The nine rigs:
- H&P 454: CLR, Carson Peak
- N&P 515, Petro-Hunt, USA
- H&P 492, MRO, Adonijah USA
- Nabors B27, WPX, Crosby Chase
- Nabors B21, BR, Cherry Ice Cream
- Nabors X28, Hess, EN-VP And R
- Cyclone 38, CLR, Norway
- Unit 414, Slawson, Osprey Federal
- Stoneham 11, KT Enterprises, KT Enterprises 34-22 SFI, NESE 22-150-96, McKenzie, #37789; 14 miles east of Watford City;
Three wells coming off the confidential list -- Friday, September 4, 2020:
- 37135, drl/NC, WPX, Nokota 24-13-12HX, Squaw Creek, t--; cum --;
- 35999, drl/A, Hess, AN-Mogen Trust-153-94-2932H-8, Antelope-Sanish, t--; cum 90K 6/20; off line, 7/20; well in local area with small jump in production;
- 33865, drl/drl, Hess, BL-Myrtrice-156-96-2536H-4, Beaver Lodge, t--; cum --;
RBN Energy: why midstreamers depend on pigs.
Yup. Pigs are critical to the safety and integrity of pipelines. Some are your basic utilitarian pigs, while others are quite smart, if not downright cool. No, these are not the pigs down on the farm. Instead, these pigs are devices run through pipes to clean, inspect, and support “batching” on hydrocarbon pipeline networks. They help ensure the safe and efficient transportation of crude oil, NGLs, petroleum products, and natural gas through more than 2.5 million miles of pipeline in the U.S. If you’re interested in energy and energy delivery, you’ve gotta know about pigs, and that's just what we'll be discussing in today’s blog.
There are lots of stories out there about why these contraptions are called pigs. One that seems logical is that “pig” is an acronym for “pipeline inspection gauge” or “pipeline integrity gauge.” But maybe they got their name from the squealing sound they make when traveling through a pipeline, or the fact that, after traveling through a pipe, they look like pigs, covered in muck? Yet another story is how, in the late 1800s, balls of pig leather (and other things) were used to clean pipes, which were then made from wood. No one really knows for sure.
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