Yes, I have found the blog to be much more entertaining with a few non-Bakken posts.
Having said that, I am really happy with some of the "stuff" that I report about the Bakken that no one else has published, including the reason why ENB went into crude-by-rail; the recent posts on Madison activity; the recent post on activity northeast of Minot.
I have no idea why some folks seem hung up on my unimportant trivial posts and seem to completely miss the really good stuff. But it's the unimportant trivial posts that give the blog its personality (good, bad, or indifferent).
Most of the bakken related "stories" that have a "wow factor" have been widely reported and consumed. Eye popping ip's , large geographical area, drilling and completion methods, various companies chess game style moves and on and on. Same is true for the "human interest" angle such as the jeb clampet analogy, the royalty rate moon shot, the housing debacle, nimby stories, mineral owners v non mineral owners attitudes, out of state mineral owners, effects on the towns in western ND given up for dead for decades now copi g with a resurgence of sorts.
In short, it is all getting pretty boring. Hard to think of some info or angle that hasn't been over reported by now. Maybe there are some.
You know, every day I wake up thinking the same thing, that there are no more "eye-popping" stories coming out of the Bakken, and then I find five to six stories that are worthy of stand-alone posts and at least ten previous posts that need to be updated.
The top stories for 2011 that I posted is a good example. Who would have thought BEXP would be bougth by the Norwegians? Who would have thought KOG would have tripled their acreage in one year? $300 million in building permits in Williston? Taxable sales receipts: Williston a tenth the size of Fargo, and beats out Fargo.
Stories that I think are yet to be eye-popping include some surprises in the Madison this year; the amount of activity we will see in McKenzie County this summer; when it's reported that North Dakota jumps to #2 in oil production (among the states); when China buys into the Bakken; when they start drilling the Tyler; when folks see that the oil companies are serious about ten (10) wells in a 1280-acre spacing unit.
So, I agree with you. Every day I wake up thinking no more "eye-popping" stories that come out of the Bakken, and then I find three stories to post.
Well, I guess we have a difference in perspective on this. The bakken story to me is analogous to a start up founded in the principal's garage that went public several years ago and is now a large cap company. In the early years, everything was exciting and the story seemed too good to be true and there was one "surprise" after another. Now, the large cap company is public , is no longer nearly as agile and has a big payroll and overhead. In addition all moves are more or less in the open and are analyzed and scrutinized from all possible angles. To me, the examples you posted, while perhaps not specifically predicted, are routine and in line with an evolving play. Not really beyond the realm of what could be expected at this stage in the game. Which is by no means to say that the story is over, because it isn't. To me, it just doesn't have what I called the "wow factor" anymore but that's just me.
It's all that flaring...
ReplyDeleteIf this were reverse you would call this "weather" "climate" and use it to refute global warming. Will you do the opposite?
ReplyDeleteFor Red, "and all that hydraulic fracking is causing earthquakes."
ReplyDeleteFor the question, with regard to global warming, "will I do the opposite?" Nope.
Hi nope, (sorry, Bruce).
ReplyDeleteYou don't need to be open minded or even analytical.
You are very entertaining in your own way. Thanks for that :)
Yes, I have found the blog to be much more entertaining with a few non-Bakken posts.
ReplyDeleteHaving said that, I am really happy with some of the "stuff" that I report about the Bakken that no one else has published, including the reason why ENB went into crude-by-rail; the recent posts on Madison activity; the recent post on activity northeast of Minot.
I have no idea why some folks seem hung up on my unimportant trivial posts and seem to completely miss the really good stuff. But it's the unimportant trivial posts that give the blog its personality (good, bad, or indifferent).
Most of the bakken related "stories" that have a "wow factor" have been widely reported and consumed. Eye popping ip's , large geographical area, drilling and completion methods, various companies chess game style moves and on and on. Same is true for the "human interest" angle such as the jeb clampet analogy, the royalty rate moon shot, the housing debacle, nimby stories, mineral owners v non mineral owners attitudes, out of state mineral owners, effects on the towns in western ND given up for dead for decades now copi g with a resurgence of sorts.
ReplyDeleteIn short, it is all getting pretty boring. Hard to think of some info or angle that hasn't been over reported by now. Maybe there are some.
You know, every day I wake up thinking the same thing, that there are no more "eye-popping" stories coming out of the Bakken, and then I find five to six stories that are worthy of stand-alone posts and at least ten previous posts that need to be updated.
ReplyDeleteThe top stories for 2011 that I posted is a good example. Who would have thought BEXP would be bougth by the Norwegians? Who would have thought KOG would have tripled their acreage in one year? $300 million in building permits in Williston? Taxable sales receipts: Williston a tenth the size of Fargo, and beats out Fargo.
Stories that I think are yet to be eye-popping include some surprises in the Madison this year; the amount of activity we will see in McKenzie County this summer; when it's reported that North Dakota jumps to #2 in oil production (among the states); when China buys into the Bakken; when they start drilling the Tyler; when folks see that the oil companies are serious about ten (10) wells in a 1280-acre spacing unit.
So, I agree with you. Every day I wake up thinking no more "eye-popping" stories that come out of the Bakken, and then I find three stories to post.
Well, I guess we have a difference in perspective on this.
ReplyDeleteThe bakken story to me is analogous to a start up founded in the principal's garage that went public several years ago and is now a large cap company. In the early years, everything was exciting and the story seemed too good to be true and there was one "surprise" after another. Now, the large cap company is public , is no longer nearly as agile and has a big payroll and overhead. In addition all moves are more or less in the open and are analyzed and scrutinized from all possible angles. To me, the examples you posted, while perhaps not specifically predicted, are routine and in line with an evolving play. Not really beyond the realm of what could be expected at this stage in the game. Which is by no means to say that the story is over, because it isn't. To me, it just doesn't have what I called the "wow factor" anymore but that's just me.