Saturday, December 14, 2013

Week 50: December 8, 2013 -- December 14, 2013

Operations
Production hits new state record
KOG, XTO leading the way on density well drilling

CBR
90% of Bakken oil could go by rail in 2014
 
Flaring
Update on flaring issues -- Petroleum News

Economy
MRO to invest $1 billion in North Dakota in 2014; MRO to increase activity by 20% in the Bakken
New refinery proposed; west to Devils Lake; $225 million  
Blame it on the Bakken -- huge building boom in Fargo - 350 miles from the oil patch 

Miscellaneous
Natural gas spikes in New England; initial post here; RBN Energy predicts it here
If this were the Daytona 500, the Bakken is at "Mile 50"; 30 years of drilling yet to go
Four permits near Bismarck; well outside the Bakken area of operations; permits here
Morton County: $1,500/mineral acre?
Acquisition target?
Light refining has hit a wall; refiners in the driver's seat
BLM permit backlog -- an astounding 525 applications and the number keeps growing

Pipeline
Harold Hamm, CLR/CEO, says Keystone XL not needed 
Final phase of Seaway Pipeline Expansion to come on-line in 2014
How the Seaway Pipeline Expansion will affect the Bakken

For  investors only
CLR upgraded to investment quality -- Moody's
Mike Filloon focuses on American Eagle
Triangle Petroleum has a blow-out quarter

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