Wednesday, March 19, 2014

Seven (7) New Permits -- North Dakota, The Williston Basin, USA -- KOG Adds Seven More P Wood Permits In Truax Oil Field

Active rigs:

Active Rigs195185205172102

Seven (7) new permits --
Wells coming off the confidential list were posted earlier; see sidebar at the right. 

Six (6) producing wells completed:
  • 24540, 2,271, Whiting, Levi Federal 21-33H, Sanish, t 2/14; cum -- 
  • 25499, 707, HRC, Moline 157-100-20D-17-2H, Marmon, t2/14; cum --
  • 25430, 2,204, XTO, FBIR Youngbear 31X-9A, Heart Butte, t2/14; cum --
  • 26211, 1,188, HRC, Moline 157-100-20D-17-3H, Marmon, t2/14; cum --
  • 25431, 1,785, XTO, FBIR Youngbear 31X-9E, Heart Butte, t2/14; cum --
  • 25429, 1,410, XTO, FBIR Youngbear 31X-9F, Heart Butte, t3/14; cum -- 
Wells coming off confidential list Thursday:
  • 25976, 1,976, KOG, P Vance 154-97-4-17-2-14H, t2/14; cum --
  • 26030, drl, KOG, P Earl Rennerfeldt 154-99-1-3-27-1H,
  • 26135, 705, SM Energy, Doris 1X-13H, t1/14; cum 9K 1/14;
  • 26252, 734, Newfield, Eide 150-99-7-6-2H, t1/14; cum 14K 1/14;
Screwed The Pooch

Andrew's comment over at this story was right on target:
One more thing (a natural gas deal with Shell) that Ukraine missed out. So let's take a look: no more $98 million per year from Russia for the naval base; no more $15 billion, no strings attached aid; no more discount gas from now on from Gazprom. Lukoil stopped oil flow to Ukraine, no more talks with Shell for extracting oil, lost Crimea permanently. Ukraine really screwed the pooch here on this one. I bet this new government didn't predict this one, huh? Wow, this is a complete circus, but its ok. The Ukraine will get $1 billion dollar loan from US that will go straight to Russia's pocket for natural gas payments, and the Ukraine will still owe about $1 billion to Russia. 
If Putin wants the whole country, he doesn't have to do a thing -- just wait the Ukraine out -- I give the country one harsh winter .... unless, of course, Merkel and Obama want to step in and start sending the Ukraine several billion dollars every year for the next decade.