Pages

Sunday, September 2, 2012

Update of ONEOK's Natural Gas Pipeline From the Bakken to Wyoming and the Overland Pass Pipeline

Link here.
A company building a natural gas liquids pipeline through eastern Wyoming plans to start construction in the next couple of weeks in the last holdout, Crook County.

“We currently have five pipeline construction spreads under way,” said Bob Eberts, project manager of the Bakken NGL Pipeline. “Three of those are in Wyoming. Two are in Montana.”
According to the article at the link:
The NGL will originate in the Bakken Shale of North Dakota and Montana.

The 500-mile pipeline starts in Sydney, Mont., and will end in Weld County, Colo. From there it will connect with the Overland Pass Pipeline, which is 50 percent owned by ONEOK.
This is an overview of the natural gas pipelines criss-crossing the United States.

Crook County. If nothing else, the blog is teaching me a lot of US geography.

Volt Sales Will Set Record in August

Updates

September 3, 2012: Another article, same story. This one highlights that Nissan Leaf struggles. Looks like in the world of plug-ins, the increase Chevy Volt sales simply came from Nissan Leaf's losses; the pie is growing slowly; Chevy Volt just getting a larger piece.
In terms of 2012 year-to-date numbers, the tally for the Nissan LEAF now checks in at 4,228 units. Meanwhile, the 2012 YTD results for the Chevy Volt ring in at 13,497 units. Last year at this exact time, General Motors' year-to-date Volt sales stood at 3,172 units and Nissan's mark for the LEAF was 6,188 units.
With regard to the assembly line for Chevy Volts, this increase in Volt sales is unlikely to increase employment; current workforce should be able to handle it. In fact, the assembly line will close for a month or so this fall to allow supply to catch up with demand.

Original Post
Link here at CNNMoney.
Those deals have brought the price of a two-year lease down as low as $169 a month at some dealerships from the standard $279 lease price. Considering that the manufacturer's suggested retail price of $31,000 - after a $7,500 federal tax credit --- is relatively pricey for a compact car, Talati said he'd expected sales to have been boosted even higher by GM's incentives.  
"With the lease specials and discounts on the Volt currently, I'm surprised there is't a line out the door for Volt buyers," he said.
At $31,000 -- after a $7,500 federal tax credit -- for a compact. I'm not.

Unless I missed it, the article did not mention that GM was shutting down the Volt assembly line for four weeks (or more) this fall to let production catch up with demand.

Lower 48 Production: 23-Year High! Employment in Oil and Gas: 24-Year High

Link at CarpeDiem.
Buried in this week’s 213-page August Monthly Energy Review from the EIA full report here is the fact that U.S. crude oil production for the lower 48 states is estimated to have reached a 23-year high in July of 5.865 million barrels per day. 
If so, that would be the highest monthly production of crude oil in the lower 48 states in more than 23 years, since April of 1989 when 5.88 million daily barrels of oil were produced. 
From January-July of this year, the EIA estimates that oil production in the non-Alaska states increased more than 14% compared to the same period last year, boosted by the strong, ongoing gains in North Dakota oil (+66% year-to-date through June 2012 vs. last year) and Texas oil (+35% year-to-date through June compared to 2011).
Go to CarpeDiem at the link to get the graphs, other links; an incredible story. I find it amazing that these success stories are not trumpeted in the mainstream media. Oh, that's right. The administration has a permitorium in effect and an agenda to push slicers and dicers (see next item).

***************************

Meanwhile, the president's focus for his second term, should he win:
The president views a second term in some ways as a second chance, an opportunity to approach the office differently, according to close aides. He would like to tackle issues such as climate change, immigration, education, and filibuster reform.
Nothing about jobs; nothing about deficit; nothing about energy independence; nothing about tax relief; nothing about ... I know a lot of Americans are concerned about filibuster reform, but think about that for a moment, and the reason becomes clear, why that is at the top of the president's agenda.

Politically, "climate change" is code for "wealth transfer," "frack and trade," and, permitoriums.

***************************

Don sent me this little note. Remember how the mainstream media was bent out of shape when Libyan oil was at risk due to hostilities a year or so ago. Bloomberg reports that Libya estimates its 2012 oil revenue to be $55 billion. If North Dakota averages 700,000 bopd for 2012 at $85/bbl --> $22 billion.  Granted, "we" may not hit 700,000 bopd as the average for 2012, and it's very, very difficult to know for sure exactly what the average price of oil will be for Bakken oil this year, but it helps put things into perspective. It seems the mainstream media talks more about Libyan oil than North Dakota oil, but, then again, I am a bit hyper-sensitive to these things.

Housekeeping: Bell Oil Field Has Been Updated; Also Activity North of Williston Updated

Not much new here for regular readers, but the Bell field is an important field to watch. Whiting says this field may rival its Sanish field.

If you do go to the link, note:

  • the number of "PH" -- Pronghorn wells
  • the cumulative production numbers for some very new wells
  • the number of Whiting wells on "drill" status; in the completion stage, and I assume these will be reported out in the next few months

Random Update of Nine (9) Whiting Wells in The Sanish

Updates

Originally there were nine wells in this one-mile stretch. Now, May 27, 2021, no less than fifteen wells. To the original list below, add:

  • 25728, 892, Whiting, Brown 41-28-2XH, Sanish, t10/13; cum 253K 3/21; cum 269K 1/22;
  • 25727, 1,302, Whiting, Brown 42-28XH, Sanish, t10/13; cum 370K 3/21;cum 382K 1/22;
  • 37867, loc, Whiting, Maki 11-27HU, Sanish, no update as of 1/22;
  • 37847, loc, Whiting, Maki 11-27-2HU, Sanish, no update as of 1/22;
  • 37846, loc, Whiting, Maki 11-27-2H, Sanish, no update as of 1/22;
  • 25932, 277, Whiting, Oja 13-27-3XH, Sanish, t2/14; cum 447K 3/21; cum 461K 1/22;
  • 25931, IA/328, Whiting, Oja 13-27-2XH, Sanish, t2/14; cum 258K 3/21; off line 1/22; cum 261K 1/22;

Original Post

Random look at nine (9) Whiting wells along a one-mile stretch in the Sanish. They are all long laterals; four are sited in section 28 and run to the northwest; five are sited in section 27 and run to the southeast (T154N-R91W):

  • 17612, AB/4,345, Whiting, Maki 11-27H, Sanish, t10/09; cum 882K 11/19; off line 11/19;
  • 18213, IA/3,308, Whiting, Platt 44-28H, Sanish, t12/09; cum 580K 3/21; off line 7/21; cum 582K 7/21;
  • 18530, IA/2,686, Whiting, Jorgensen 12-27H, Sanish, t5/10; cum 502K 3/21; off line 6/21; cum 505K 6/21;
  • 18559, IA/2,123, Whiting, Platt 43-28H, Sanish, t4/10; cum 443K 3/21; off line 7/21; cum 447K 1/22;
  • 19512, 1,959, Whiting, Oja 14-27XH, Sanish, t2/11; cum 443K 3/21; cum 455K 1/22;
  • 19760, IA/853, Whiting, Deal 43-28TFH, Sanish, t3/11; cum 178K 3/21; off line 7/21; cum 181K 7/21;
  • 20358, IA/337, Whiting, Ray 12-27TFH, Sanish, t12/11; cum 159K 3/21; off line 6/21; cum 160K 6/21;
  • 20505, A/AB/2,868, Whiting, Brown 41-28XH, Sanish, t3/12; cum 410K 2/20; cum 422K 1/22;
  • 21629, IA/461, Whiting, Jorgensen 11-27H, Sanish, t2/12; cum 375K 3/21; off line 6/21; cum 379K 6/21;