Saturday, August 31, 2013

Week 35: August 25, 2013 -- August 31, 2013

Deals
Petro-Hunt sells 17,000 net acres to Whiting, $260 million cash; the deal;

Operations
NDIC hearing dockets, September, 2013
EOG: requesting authorization for more than 604 wells in three cases
QEP reports four huge wells
Several huge Statoil wells
Is Crescent Point Energy pulling out of North Dakota?
Oakdale field is updated; one well, less than two years old, closing in on one million bbls

CBR
"CBR Shift" squeezes pipeline companies
BNSF to add second stretch of mainline track, Ray to Tioga, 12 miles

Pipeline
Enbridge increasing capacity by more than one million bopd

Fracking
Government looking at new rule to regulate mining of fracking sand

Miscellaneous
The Bakken is a lot bigger than we thought
Legacy fund
Schools maxed out in the Bakken oil patch
Another Minnesota company sets up operations in North Dakota (Devils Lake)

Other formations/plays
Update on the North Dakota Spearfish
Natural gas production to increase 8x from the Marcellus

3 comments:

  1. I just found your site. Thank you for the comprehensive information about the oil boom in the U.S. Recently,I bought shares in Whiting Petroleum, Sundance Energy, and AXAS. I know you like EOG. Do you have any other producers that look attractive off the top of your head. I am looking for small caps (under $2 billion). Thank you.

    ReplyDelete
  2. I'll do a stand-alone post later, this date: September 1, 2013.

    ReplyDelete
    Replies
    1. The post is here:

      http://themilliondollarway.blogspot.com/2013/09/for-investors-only.html

      Delete