The Million Dollar Way (The Bakken Oil Blog)

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Friday, February 6, 2015

Week 5: February 1, 2015 -- February 7, 2015

Operations
Halcon update
Down to 136 active rigs -- record low in current boom
Strata-X quietly cancels all outstanding permits in North Dakota; also, here
OXY USA calls it quits "for now" in the Bakken
Follow-up on a million-bbl Bakken well
EOG, Whiting with some great wells
CLR announces increase in proved reserves
Two new operators in North Dakota

Bakken economy
Clock is ticking ... North Dakota crude oil extraction tax
Williston's Sloulin International Airport named "Airport Of The Year" by TSA
Many oil firms plan no North Dakota layoffs
Mini-boom continues in southwestern North Dakota

Miscellaneous
Hubber's "Peak Oil" Theory and the North Dakota experience 
North Dakota Senator Jim Dotzenrod proposes "quick take" to help oil and gas companies


Bruce Oksol at 9:11 PM
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