Saturday, June 28, 2014

Week 26: June 22, 2014 -- June 28, 2014

"The Sleeping Giant"
Could it be the next Marcellus?
Strata-X strike natural gas east of the Bakken

The Dockets
Continental Resources to put 56 wells in one spacing unit

US Lifts Ban On "Oil" Exports
Something tells me Congress will act
RBN Energy says "hold your horses"
Why VLO was hammered; PSX dropped
The first post on this story
Price of WTI oil jumps on this story

Operations
North Dakota wells average 100 bopd; the US national average is but 10 bopd
MRO's 2nd Tyler formation well comes off confidential; no new information
Legacy Oil & Gas buys Corinthian: A cross-border Spearfish play
Slawson case 22272, NDIC order 24606: almost 500 wells in Big Bend oil field

Pipelines
Belle Fourche Pipeline #2, Billings County to Dickinson Prairie Refinery
EPD to build Bakken-to-Cushing crude oil pipeline
North Dakota approves Enbridge's Sandpiper Pipeline
Energy Transfer Parnters proposes Bakken-to-Patoka (IL) crude oil pipeline

Bakken Economy
Largest US fertilizer plant ever gets go-ahead approval; Jamestown; $2 billion
Hess donates $5 million for new energy complex at the university
Bakken ethane now reaching feedstock facilities in Alberta, Canada

Bakken 101
Discussion of "zones" in the Bakken 
How well density might affect a mineral owner

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