Looks Like NDIC Won't Agree To XTO's Request Based On This -- April 2, 2015

The AP is reporting:

Five oil companies must reduce their production at certain wells in North Dakota as a penalty for burning off more natural gas than allowed last month, a spokeswoman for the state's Oil and Gas Division said.

The state ordered the five companies to curb their production to 100 barrels per day at certain wells starting this month.

Alison Ritter, a spokeswoman for the division, said this is the largest number of companies and wells the state has sanctioned since new flaring regulations took effect on Jan. 1, the Bismarck Tribune reported. The new rules require companies to capture at least 77 percent of natural gas produced during oil production.

Under a policy adopted by the State Industrial Commission, the 100-barrel restriction applies to companies that are not capturing at least 60 percent of the gas from the well. The division ordered production to be restricted at certain wells operated by Emerald Oil, Occidental Petroleum Corporation, QEP, Abraxas Petroleum and Enerplus.

This is the best thing that could happen to them ... storing oil underground while oil is selling for $30/bbl. Whatever. 

Saudi collapses the price of oil..

Flaring rules ...

CBR rules ..

A single migratory duck --- criminal charges ...

Earthquakes and fracking ...

Whatever ... 

Time for some music:

Everybody Knows, Leonard Cohen
Or ...

The Big Lebowski, Opening Scene,  The Coen Bros