Sunday, June 14, 2015

Week 23: June 7, 2015 -- June 13, 2015

Without question, the top story is the fact that North Dakota sustained production month-over-month despite dropping to lowest rig count post-boom in April. See earlier posts. Another top story: North Dakota ranked #1 in 2014 for fastest GDP growth.

Top stories of the week
Maintains production level despite low rig count, choking back
North Dakota ranked #1 in 2014 for fasted GDP growth
Putting the Bakken into perspective: 35 billion bbls vs 7 billion bbls from the North Slope
Nationwide, gasoline demand surges
Mike Filloon on QEP wells in the Bakken
US overtakes Russia as #1 fossil fuel energy producer in the world

Coolest story of the week
Using boiling post-frack (produced} water for geothermal electricity

Operations
North Dakota vs Saudi
Random update of MRO's Gertrude Tuhy well; Whiting's Smith Federal wells; on a Hess Kvam well; Slawson's stacked dual lateral; Hess' 18-well pad; QEP wells in the Grail;
Random examples of how operators cut back oil production
New low: active rig count down to 76
Huge day in the Bakken; slowdown? what slowdown? twelve producing wells completed; four new permits; eleven high-IP wells reported thirteen wells coming off confidential list
Huge day in the BAkken; slowdown? what slowdown? eight wells coming off the confidential list; seven new permits; four producing wells completed;
Huge day in the Bakken: 19 new permits
ERF to accelerate
OXY USA is the anti-Statoil 
The Bakken: another word for "resilient"
There's a whole lot more going on that rig counts

Fracking
EOG reports a 63-stage frack; using almost 20 million lbs of sand
Another example: EOG used almost 20 million lbs of sand in a 50-stage frack; and, a 55-stage frack

Bakken economy
Housing boom in the Bakken
Bakken economy milestones being celebrated
Dickinson's Menards biggest to date; Williston's Menards will be bigger

Bakken_101
EOG SOP for shutting in neighboring wells when fracking
Bakken - WTI price differential has narrowed 

Miscellaneous
First drone manufactured in North Dakota rolled out

Government lies
NOAA fakes satellite images of ND flaring; story is also here;

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