Saturday, July 6, 2013

Week 27: June 30, 2013 -- July 6, 2013

Perhaps the most frequent item blogged about this past week: the price of oil as it increased in price to finish the week over $103.

Operations
Five Bakken wells with revenues over $17 million in less then two years - Filloon
Random update on two Emerald wells
Montana completions: Oasis drilling double lateral wells (two horizontals from same well)
Samson Resources to request some very large spacing units in Divide County
Slawson to drill wells with multiple laterals; vertical open to the Lodgepole formation
XTO to drill as many as 10 wells on one 640-acre spacing unit (one section)

Other formations
Random look at an old Madison well; >750,000 bbls since 1972

CBR
Random update on BNSF capital improvements; many of them along the Montana border with North Dakota

Economic development
New $12 million water treatment plant for Parshall
Washington State: more refineries preparing for Bakken oil
Homebuilding on the upswing in Carpio, north of Minot

Miscellaneous
July dockets posted: XTO to drill another 300 wells in Siverston oil field
Breitling Oil & Gas could be bought by a Chinese company
WTI over $103/bbl at the end of the week
Review: the "central corridor"
Trivia on naming Burlington Resources wells

2 comments:

  1. still wondering why there is no drilling in mercer county I know for a
    fact their is oil there and plenty of natural gas.
    why??????????????????????????????????????????? Gene

    ReplyDelete
    Replies
    1. I share your frustration.

      "They" won't drill for natural gas in North Dakota with the competition from Eagle Ford and the Permian.

      Delete

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