No links but several stories on decreasing rig counts this past week
No links but several stories regarding 2Q12 earnings
The Bakken, general
It is still the gold standard
Mississippi Lime vs the Bakken; the Bakken is still the gold standard
Twenty-three new permits in one day
Proved US reserves in 2010 grew the most since records began in 1977
August state lease sales
For investors only
Something going on with OAS?
KOG vs OAS
Operators
CLR to raise 2012 CAPEX significantly
Random note on Whiting's Starbuck prospect in eastern Montana
Update of ONEOK's activities in the Bakken
Whiting's Pronghorn Prospect: the Obrigewitch wells
OXY getting its groove back? New fracking teams?
Random update of a BR Midnight Run well; almost 100,000 bbls in little over a year
Pipelines
Seaway reversal, WTI-Brent spread
State budget
Anticipate doubling of oil tax revenue
Human interest stories
Moving to Williston, best thing I ever did
Bruce, I found this article out on the web. I thought it was interesting. Foreign company out of Turkey, with offices in Virginia and now in WILLISTON. Purchase of Mineral acreage as well as permitting to build their first Hotel and Restaraunt in the United States in WILLISTON. Sounds like they are an experienced construction company doing business mainly in Europe and Middle East?
ReplyDeletehttp://www.petroleumnews.com/pntruncate/830681843.shtml
DeleteI will post a stand-alone.
Great find; thank you. I have a warm spot in my heart for the Turks. We were stationed in Turkey for two years and loved the country and the people. I would go back for another tour if offered.
No affiliation, but United Pulse Lentel Pea plant in Williston is a Turkish owned company as well. With Norwegian Statoil having a corporate office in Williston (purchased Brigham Oil). Maybe there will be more foreign investments in the Williston region?
ReplyDeleteI'm waiting for the Chinese to make an offer for the entire Bakken minus what Statoil has. And NOG. NOG will partner with the Chinese as a non-operator. The Chinese will put Harold Hamm in charge of public relations, and Whiting will run operations. KOG will sell out at a very high price, and East Coast investors will hold onto their KOG shares looking for a higher price. Warren Buffett will provide financing. Joe Biden will visit one of the new 7/11 convenience stores. Wisconsin, Minnesota, and Michigan will close all their sand quarries; the Chinese will frack with 100% Chinese proppants.
DeleteSeriously, I did not know that the Lentil Pea plant was owned by a Turkish company. My dad and I would drive by that plant every night on our drives, it seems. That plant is a story in itself. Thank you for a great comment. Much appreciated.