Saturday, April 20, 2013

Week 16: April 14, 2013 -- April 20, 2013

This was the week of the Boston Marathon Bombing, Monday, April 15, 2013

Takeaway
Random update: pipelines of interest
Enbridge updates Eastern Access Crude Oil Project
CBR has doubled in the past two years
Pipeline update: RBN Energy, natural gas pipelines being converted to crude oil pipelines
US pipeline infrastructure to see 56% increase in spending in 2013
Update on the Manitou CBR terminal (west of Stanley)

Flaring
ND passes incentives to minimize flaring

Operations
North Dakota daily crude oil production hits new all-time record (preliminary)
New operator in North Dakota: WellStar Energy
Two dry holes in the Bakken; probably due to unstable soil; only drilled to 1,600 feet
Seven well bores now drilling underneath the city of Williston
Random look at Hess' manufacturing operations in Robinson Lake oil field
Daily activity reports: "no more BEXP"; switch to Statoil
QEP with permits for 12 wells in one section in Heart Butte oil field
NDIC expects surge in crude oil production this summer
Reservoir well spacing pilot projects; 12+ Wells/Spacing Unit
Samson Oil & Gas acquires a net 1,225 acres in the Bakken
A nice EOG Round Prairie well
Happy birthday, Amber Renee: 750,000 bbls in three years
Production numbers for the Austin wells have been updated
Winter storm shuts down ND operations; could affect 2Q13 production data
Field of dreams: Todd field, west side of Williston updated

Economic activity
Williston's labor force second in size in North Dakota; only Fargo's bigger
Dan's SuperMarket expands in Bismarck; anchors new mall
New residential development planned in Dickinson
Three new natural gas electric utility plants planned for North Dakota (2) and Minnesota (1)

Miscellaneous
TPLM corporate presentation: the company is in its 2014 fiscal year
Hearing dockets for the past 18 months: looking at trends
State is losing $30 million/year not investing Legacy Fund cash

No comments:

Post a Comment