Saturday, May 21, 2011

Samson Oil and Gas: Updates Two Bakken Wells -- North Dakota, USA

Link here.

Earl 1-13H continues to be a challenge; the company getting ready to begin the horizontal leg of Everett 1-15H.

Obama Has No Energy Policy -- T. Boone Pickens

And this is a news story?
"He's never told us how we're going to get off the Mideast oil, and no one's ever asked him," T. Boone Pickens said. "We're the only country in the world that has no energy plan."

LNG News -- Not Necessarily a Bakken Story

Anon 1 sent in the following comment:
LNG export news.

http://phx.corporate-ir.net/phoenix.zhtml?c=207560&p=irol-newsArticle&ID=1566412&highlight=

"Sabine Liquefaction received long-term, multi-contract authority to export on its own behalf, or as agent for others, up to the equivalent of 803 Bcf per year (approximately 16 million metric tons per annum ("mtpa")) of domestically produced natural gas as LNG. "

http://www.cheniereenergypartners.com/default.shtml
As a frequent critic of the current administration's energy policy (an oxymoron?) I am surprised with this news about the US approving the export of LNG, but very, very happy to see it, and commend the administration for supporting the program.

62-Mile Natural Gas Pipeline Through McKenzie County With 100 Million Cubic Feet Capacity -- Bakken, North Dakota, USA

Before reading post, read first comment below. Here is a link to the plants being discussed.

Also, this is of interest: North Dakota regulators seem to be fast-tracking permits (at least by federal standards, things are moving along nicely).


Original Post

ONEOK to build a 62-mile liquid natural gas (LNG) pipeline through McKenzie County: to connect the Garden Creek natural gas plant being built northeast of Watford City, ND, with a facility near Sidney, Montana.

The facility near Watford City, scheduled to come on-line by the end of 2011, will have the capacity to process 100 million cubic feet of natural gas per day.
“We anticipate that there will be 400 temporary jobs that will be associated with the construction of the pipeline,” stated a company spokesperson. “We are estimating that we will have 250 temporary workers hired in the next two to three weeks. The pipeline project will ramp up quickly with the majority of the workers gone by November.”
The link above is likely to be broken soon (a regional link -- from the McKenzie County Farmer).

CLR With Great Presentation on Take-Away Capacity in the Bakken -- On Track for 1 Million Bbls/Day in 2015 -- North Dakota, USA

Link here.

If this link breaks over time, I am sure that the CLR website will have updated slides / presentation on takeaway capacity.

Fewer Posts

Again, I am out and about with family today, so no posts during the day and any updates later this evening.

Everyone: have a great weekend.

Eleven (11) New Permits -- Bakken, North Dakota, USA

Daily activity report

Drillers: Hess (4), Petro-Hunt (2), Slawson, CLR, KOG, Whiting, Zenergy

Fields: Eagle Nest, Alkali Creek, Kittleson Slough, East Fork, South Fork, Sanish, Painted Woods

The four Hess permits will be on one pad in Alkali Creek; the two Petro-Hunt wells will beon the same pad in Eagle Nest.

Whiting's new permit is in its cash cow, the Sanish.

Denbury reported a nice well:
  • 19433, 3,000, Denbury Onshore, Satter 44-34NWH. More on this later.