Nineteen (19) New Permits -- October 3, 2014

Active rigs:

	10/3/2014	10/03/2013	10/03/2012	10/03/2011	10/03/2010
Active Rigs	189	185	188	199	143

Wells coming off the confidential list today were posted earlier; see sidebar at the right.

Nineteen (19) new permits --

• Operators: Emerald Oil (5), EOG (3), XTO (3), Marathon (2),  Hess (2), BR, OXY USA, Crescent Point, Mountain Divide
  Fields: Charbonneau (McKenzie), Parshall (Mountrail), Manitou (Mountrail), Siverston (McKenzie), Bailey (Dunn), Manning (Dunn), Haystack Butte (McKenzie), Reunion Bay (Mountrail), Little Muddy (Williams), West Ambrose (Divide)
• Comments:

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The Real "Boomtown"

Yahoo!Finance is reporting these two families saved by the Bakken:

Mitzi Bestall and her husband Bill Murphy are realtors who made the move to North Dakota in 2010 thanks to a struggling housing market in Colorado.

“We only did eight homes that year, came back the next year as 'Bakken Realty' and we did approximately $10 million in sales that year,” Mitzi told Yahoo Finance when we visited Bakken Realty’s offices in Williston, North Dakota.

For the first year in their adopted hometown, Mitzi and Bill lived in an RV park. Mitzi was the only woman in the complex, and the one bathroom that everyone in the park shared was a port-o-potty.

“The first year, we made about $8,000 up here,” Bill says. “But it was a great education and it’s more than we would have made in Colorado.”

It's rewarding to read that story. You have no idea how many folks write me, telling me that the Bakken was a "once-in-a-lifetime" opportunity. 

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The Real Entrepreneurs

KXNet is reporting:

Mark Wald and his wife Maria formed Blaise Energy in 2008.

They became the first company in North America to generate electricity from recycled natural gas using generators like this one.

But there was still natural gas being flared.

So Mark began to experiment with transportation.

"There is a lot of discussion and it all makes sense between rail and pipeline, lets get all these resources out of state into the market.  We tried to focus on how do we use it right here?  How do we put it to use right here in North Dakota"

Using a carbon fiber tank, he found a way for his truck to run on Compressed Natural Gas.

Gas that otherwise would be flared into the atmosphere.

When running on CNG, this truck runs cleaner...

Blaise Energy corporate office is in Bismarck, North Dakota. Their website: http://www.blaiseenergy.com/company.html