Incredible.
Click here for full story.
I can only assume this will be good news for Canadian oil sands and the Williston Basin. For the Williston Basin, it will only be good news for the immediate future. Long term, this is not good news.
I had opined on the day of the tragedy that this would be the end of off-shore drilling.
Federal control (EPA) of fracking is just around the corner. You think?
Once these folks start sitting around the table, all issues are ON the table. Staffers working behind the scenes will set the agenda, and will draw up the PowerPoint slides to include deep water, shallow water, and on-shore drilling. This will take on a life of its own.
The US will community-organize itself right out of the oil business.
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Thursday, June 3, 2010
Exaggerated IPs?
I see EOG announced another completed well today: #18376, Parshall 100-22H, 22-152N90W.
IP ... drum roll .... 171.
I hope that was not the 24-hour flowback.
Comments regarding this well, click here.
Addendum, June 4, 2010:
And another EOG well in the Alger oil field reported today, 18444: the Ross 100-09.
IP ... drum roll .... 282.
With IPs like this, a bit of levity is needed. It is rumored that this was the B side of a "45" that did not sell until a disk jockey in North Dakota turned the record over, played this, and the rest is history:
To Know Him Is To Love Him, The Teddy Bears
IP ... drum roll .... 171.
I hope that was not the 24-hour flowback.
Comments regarding this well, click here.
Addendum, June 4, 2010:
And another EOG well in the Alger oil field reported today, 18444: the Ross 100-09.
IP ... drum roll .... 282.
With IPs like this, a bit of levity is needed. It is rumored that this was the B side of a "45" that did not sell until a disk jockey in North Dakota turned the record over, played this, and the rest is history:
To Know Him Is To Love Him, The Teddy Bears