Monday, August 22, 2011

Wow, Wow, Wow -- Most New Permits I've Ever Seen In One Day -- Eighteen (18) New Permits -- Six of Seven New Wells Waiting to Be Fracked -- Bakken, North Dakota, USA

Daily activity report, August 22, 2011 --

Operators: Samson Resources (7), CLR (3), Oasis (2), BEXP (2), MRO (2), Hunt, Zenergy.

Fields: Ambrose, Cottonwood, Fillmore, Wildrose, Alger, Siverston, Upland, Strandahl, Reunion Bay, Clear Water.

Samson Resources has two 2-well pad permits; BEXP has one 2-well pad.

Oasis has one wildcat, Samson Resources has two wildcats, and CLR has two wildcats.

How about that fracking backlog? Seven wells released from confidential status and only one completed. The other six waiting to be fracked. The one completed:

20233, 947, MRO, Marlin 44-12H, Dunn County.


I'm traveling so I will have to add details later, but this is huge: 18 permits in one day.

Chili's Restaurant Might Open in Williston -- Bakken, North Dakota, USA

Link here.

The "might" is the key word.

Proposed location is north Main Street at 11th Street, on the west side of the street. Many years ago the location was a filling station. For those unfamiliar with the building and location, think Mayberry RFD.

Pretty Incredible: North Dakota High School ACT Scores -- No Child Left Behind

Link here.
According to the release, 177 WHS students took the ACT. The average score in English was 18.55; mathematics' average was 20.66; reading's average was 19.97; and the average in science was 20.47.

Only nine states, including North Dakota, tested 98-100 percent of high school students. Of the nine states, North Dakota's composite score of 20.7 is the second highest, missing by .2 points to Illinois, who scored 20.9.
This is key:
“The results, while lower than in previous years, reflect the abilities of all North Dakota graduates, not just a select few college-bound students,” State Superintendent Dr. Wayne G. Sanstead said.
All students take the test; that is very, very impressive.

New Record This Week? 193 Active Rigs This Morning -- Maintains Record

Dynamic link here.

Oil Boom Not Benefiting All -- Bakken, North Dakota, USA

Link here.
McKenzie County ranks in the top five average annual wages in the state, with an average salary of $51,493 in 2010, Job Service North Dakota figures show. Neighboring Dunn County ranks seventh at $44,886.

But McKenzie County's poverty rate is 12.8 percent, compared to an 11.7 percent state average, according to the U.S. Census. Dunn County's rate is 11.2 percent.

To help ease the burden, the food bank's mobile food pantry makes the 750-mile round-trip from Fargo to western North Dakota every three months, stopping in Grassy Butte, Watford City and Killdeer. The most recent stop occurred late last month.

Of the 18 communities the mobile food pantry serves, Watford City has one of the biggest turnouts, said Melissa Sobolik of the Great Plains Food Bank. About 200 people typically seek food assistance in the city of more than 1,700.
And more needs to be done, especially with regard to housing. There are solutions, but they require some "out-of-the-box" thinking.

Economic Impact of Minnesota's Renewable Energy Mandate -- Not a Bakken Story

Link here -- a PDF file.

Such a great report, it is linked several places. A big "thank you" to Greg for sending it my way. For more from Greg, see his blog: Four-Fifty Gas, one of my favorite blogs, also linked at the sidebar at the right. Greg contributes regularly to items I would otherwise miss.

Although not a Bakken story, the Minnesota renewable energy mandate has affected energy companies operating in North Dakota.

Because I am traveling and cannot get to everything in a timely manner, "Don" read the report, and sent the following to me, from the report:


Slide 7
Due to their intermittency, wind and solar require significant backup power sources that are cycled up and down to accommodate the variability in the production. Those power sources remain dirty ones. As a result, a recent study found that wind power could actually increases pollution and greenhouse gas emissions.8 Thus the case for heavy uses of wind to generate “cleaner” electricity is undermined.
Slide 8: Conclusion
Minnesota has enacted a series of laws implementing RPS mandates based on the idea of promoting green energy polices. In reality these mandates are mere handouts to favored “green” energy producers. Equally problematic is the lack of transparency between cost and benefit. Not funded directly by higher taxes or debt, the RPS hides its costs in the higher prices to be paid in the future by ratepayers.
Slide  8
Supporters of the Minnesota RPS use a hidden tax approach that fails to undertake any
reasonable cost benefit analysis. The Minnesota RPS puts the state’s robust competitiveness at
risk. The Minnesota business community will most likely will see a reduction in its
competitive advantage over domestic and international competitors.