Highlights From the Williston Wire

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Williston city commission is preparing to remove crew camps from city limits. [Comment: this tells me that there is adequate housing in the area. The city and county commission work closely with thte oil industry.]

Fargo Forum editorial: new Williston rec center will be impressive.

J R. "Buck" Scheele posthumous recipient of first-ever API Outstanidng Achievement Award -- they must mean the "Williston Basin API chapter" but I could be wrong. He edged out Continental Resources (the company) and Kathleen Neset (a geologist who has worked for decades in North Dakota).

Illinois Home Builder, Bice Investments, relocates to Williston.

Building boom continues in Watford City. From January, 2011, to September, 2011, Watford City issued 54 building permits for projects that totalled over $26.5 million; for the same period in 2012, 247 permits, $86.8 million.

Four Bears Lodge celebrates grand opening of 122-room addition. Huge. Wow.

Dickinson leaders concerned about rapid development. [Am I surprised by this? No.]

Statoil delivers first crude shipment via rail to Saint John, New Brunswick. 

Statoil ASA has leased 1,000 railcars for use in the Bakken formation in North Dakota and plans to deliver by rail to refineries on both coasts.

The Oslo-based energy company recently delivered a rail shipment of Bakken crude to Irving Oil Corp.’s Saint John refinery in New Brunswick, Bill Maloney, Statoil’s executive vice president for development and production in North America, said in an interview in Houston.

The 298,800-barrel-a-day plant is Canada’s largest. Statoil produced about 26,000 barrels of oil equivalent a day in the Bakken in the first quarter. It expects to move 10 percent to 20 percent of the oil by rail, said Torstein Hole, Statoil’s senior vice president for U.S. onshore development and production. [My hunch: if the premium over WTI continues, the percent may increase.]

The Bakken benefits businesses nationwide: Big Dipper Housing out of Oklahoma is one such beneficiary.

Eagle Ford predicted to produce for 16 more years. Remember: it will take 20 - 30 more years to put in the necessary wells to complete the Bakken, and the Bakken Pool will produce through 2100. [I assume the Eagle Ford will be producing for more than 16 more years; perhaps they mean 16 more years of drilling.]