Monday, May 6, 2013

Fourteen (14) New Permits -- Last Friday's Daily Activity Report -- Williston Basin, North Dakota, USA; Active Rigs: 192; Monday Morning Links -- Rail/Pipeline Bakken Differentials

The narrowing WTI/Brent spread is not good news for Bakken or the rails. See RBN Energy below.
 
Active rigs: 192 (very nice)

Fourteen (14) new permits --
  • Operators: KOG (4), XTO (2), Newfield (2), MRO (2), Slawson (2), Whiting, Hess
  • Fields: Truax (Williams), Elkhorn Ranch (Billings), Haystack Butte (Dunn), Westberg (McKenzie), Reunion Bay (Mountrail), Van Hook (Mountrail), Robinson Lake (Mountrail)
  • Comments:
Wells that were released from the confidential list Friday were posted earlier; see sidebar at the right.

Wells coming off the confidential list over the weekend and today have been posted.

Monday Morning Links

RBN Energy: Rail/pipeline differentials affecting the Bakken 

WSJ Links

Section R (Journal Report): most retirement; might look at it later

Section C (Money & Investing):
Section B (Marketplace):
While many book publishers are heavily investing in the digital frontier, Benedikt Taschen is looking to corner the market in oversize collectible books.
His Cologne, Germany-based publishing house, Taschen, collaborated with Sebastião Salgado, a Brazilian photojournalist and Unicef Goodwill Ambassador who spent the past eight years traveling to remote places untouched by deforestation, urbanization and the modern world, to produce "Genesis." The 704-page two-volume collection of black-and-white photos depicts Mr. Salgado's trek, which included a 47-day journey tracking 7,000 reindeer across Northern Siberia and a roughly 525-mile hike in the Simien Mountains of Ethiopia.
My hunch is that Taschen books will start to compete with wall art among the very wealthy. 
Section A:
  • Maybe later I will post the story (probably not) but there's a ridiculous assertion over on Yahoo!News that oil is slicing through $96 because of the great jobs report last week. The price of oil, today, has nothing to do with the  jobs report last week; it's all about Israel laying into Syria. It's all over the news.
  • Despite Obama's goal to destroy the coal industry in the US, in the Midwest, coal stages a comeback. And now that the President is a lame duck (some would say a rabid skunk), things may get even better.

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