The Million Dollar Way (The Bakken Oil Blog)

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Friday, December 7, 2012

Week 49: December 2, 2012 -- December 8, 2012

Note: I have a busy Saturday scheduled with the granddaughters tomorrow; blogging may be compromised.

Bakken operations
It's official: a trillion-barrel reservoir
1.5 million bbl-EURs
Filloon: 1.5 million bbl-EURs
CLR successfully completes first TF3 well
On track for 2,575 new oil and gas permits for calendar year 2012 
Random note on times to drilling to total depth
Active rigs hit intra-boom low: 181
OXY USA has a gusher
CO2 - EOR - Bakken, being studied
Helis reports another huge well

Other formations
Red River
Three oil formations folks may not have heard of

Takeaway
Enbridge: $6.2 billion announcement -- huge
Enbridge: $3.4 billion announcement
First Bakken oil unit train reaches BP's Cherry Point refinery, Washington State
BNSF vs ONEOK
North Dakota oil and rail: National Geographic
Human interest: BNSF in North Dakota

Economic development
Williston's building permits, >$405 million; exceeds those of Fargo AND Minot combined

Photographs
Vern Whitten

Millionaires
634 in 2011; 532 in 2010 (North Dakota)
Bruce Oksol at 10:58 PM
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