The Million Dollar Way (The Bakken Oil Blog)

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Saturday, October 27, 2012

Week 43: October 21, 2012 -- October 27, 2012

This week was the start of earnings for 3Q12; see sidebar at the right.

Bakken Operations
Halcon buys 81,000 net acres from Petro-Hunt
New operator in the Bakken: Williston Exploration/Medora Minerals
BEXP with three big wells
BEXP's incredible Strobeck wells 
BEXP's incredible Clifford Bakke wells
Sounds like OXY getting ready to stack its rigs
ONEOK's Bakken Crude Express Pipeline taking orders
Bakken hits new production record; 40% of Bakken oil is going out by rail
CLR Hawkinson wells in Oakdale -- testing the lower benches?

Commentary
Supply boom upends oil market
US production could exceed Saudi's
Bakken rock clearly the source for both Bakken and Three Forks

Economic Activity
Counties secure $370 million in loans for electric grid build-out
Electricity demand could triple in western North Dakota over next 20 years
Another 123-single family unit development, east of Dickinson

Miscellaneous
North Dakota potash story: quiet but not quite dead
Bruce Oksol at 11:07 AM
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