The Million Dollar Way (The Bakken Oil Blog)

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Saturday, August 4, 2012

Week 31: July 29, 2012 -- August 4, 2012

Development
Second Williston bypass by end of year

Other formations
Monterey Shale, California

Operations
Another crude-by-rail oil loading facility
Oasis reports a 3,000+ IP
With less than six months to go, Hess announces increased CAPEX in the Bakken for rest of 2012
Samson Resources' Thomte well with 102,000 bbls in first six months, Divide County
Marathon to reduce rigs in North Dakota; pace of drilling won't slow

Pipelines
Trial balloon -- is TransCanada looking for a way to exit the Keystone XL?

Human interest stories
SkyNews (British) discovers the Bakken (great aerial video)
The Bakken, a game changer; Williston -- the nation's fastest growing small city
Infrastructure problems in South Texas (Eagle Ford) maybe worse than those in the Bakken
Chicago Tribune News, energy revolution in the US
Williston K-12 student enrollment to double

Projections
EIA: US proved reserves, 2010 -- 25 billion barrels
Bruce Oksol at 4:29 PM
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