EOG Reports Five (5) Well Completions -- Bakken, North Dakota, USA

EOG recently reported the following completions. I don't have any idea how current the information is or if it's been previously posted:

• 19721, Liberty LR 19-23H – 1,282 barrels of oil and 793,000 cubic feet NG/day; 24K first month
• 19720, Liberty LR 14-23H – 1,124 barrels of oil and 580,000 cubic feet NG/day;
• 18827, Liberty 10-36H – 1,716 barrels of oil per day; 16K per month.
• 19560, Ross 27-2728H – 1,038 barrels of oil per day.
• 19157, Bear Den 4-20H – 2,116 barrels of oil and 2.5 million cubic feet of NG/day; 22K first 25 days; NDIC IP: 1,476

Federal and State Money Flowing to OIl Counties -- $1 Billion For Starters -- Bakken, North Dakota, USA

Money flowing to western North Dakota, some data points (some numbers rounded):

• $610 million for roads (oil counties; $60 million for other counties across the state)
• $150 million for Western Area Water Supply, loan from Bank of North Dakota
• $100 million for oil impact and other projects, grants from Bank of North Dakota
• $5 million of the $100 million specifically designated for schools dealing with rapid expansion

Greatest part of road construction slated to begin spring of 2012

• Construction on Highway 22 north of Killdeer may begin as early as this summer
• Commitments to work on highways 85, 22, and 23

Other projects:

• Williston State College: an extra $100,000 for security
• Dickinson State College: $750,000 for Theodore Roosevelt projects
• Minot Air Force Base: $325,000; to enhance the base to prevent closure
• North Dakota State College of Science: additional $10 million to expand diesel motor mechanics program; program now at capacity; oil industry desperately needs mechanics

For newbies and out-of-staters, how does that $100 million compare with past years?

• For the previous biennium, only $8 million ($4 million/year) was appropriated

Rumors:

• More big box stores and another huge truck stop (in addition to those in Williston)

Do pigs fly? It Must Be True; It's Being Reported by the New York Times

Is this a true story or a story from The Onion?

The President to open drilling in Alaska? It must be true, it's being reported by the New York Times.

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Update, 5:20 p.m. EST, May 14, 2011: Never mind. I got the story from today's on-line edition of the LA Times. I was not aware that the president had promised the same thing more than a year ago (March 31, 2010).

Update, 6:59 p.m. EST, May 14, 2011: Never mind. The actual drilling won't begin in my investing lifetime based on past history. The scuttlebutt is that "opening" these areas to new drilling will be a bargaining chip for raising taxes on big oil and/or a windfall profit tax. Increased taxes on big oil will happen within my investing lifetime.

Amazing! RigZone Picked Up This Story -- Oil Company Interested in Mineral Rights in Eastern North Dakota

I posted the results of the North Dakota state lease auction on May 5, 2011, which included the "Stutsman story."

RigZone noted the "Stutsman story" also and put up a very nice post.