Sunday, September 27, 2015

Earthquake in Oregon Probably Unrelated To Drilling In Idaho -- September 27, 2015

A couple of days ago it was announced that Badlands LNG was going to build a $4 billion petrochemical plant in North Dakota with feedstock (ethane) to be supplied by CLR. The company will need a workforce and proximity to CLR's natural gas supply unless it wants to go through the arduous process of building yet another natural gas gathering, processing, and transmission pipeline. With that in mind, where do you think Badlands NGLs will site their ethane plant, nearer which city?
  • Williston
  • Watford City
  • Tioga
  • Minot
  • Other 

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Today's Headline Story In The Dickinson Press

Baker Hughes to lay off 117 employees at the Dickinson facility.  
Falling oil prices and the resulting oil drilling slowdown in the Bakken Oil Patch has led one of the world’s largest oilfield services companies to make major cutbacks at its Dickinson office.
Baker Hughes sent a letter of notice to Dickinson Mayor Dennis Johnson on Wednesday, stating it was permanently terminating 117 employees here — most of them field operators and specialists.aker Hughes wasn’t even the first North Dakota oilfield company to mass terminate employees this month.
In Minot, Pumpco Energy Services closed its office on Sept. 5 and laid off 70 people. Pumpco simply stated in its WARN notice that it was closing the office because of “the economic conditions caused by falling oil prices.”
I assume The Atlantic Monthly will report this story as soon as possible since they were the first to declare the end of the Bakken boom some years ago.
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Fracking In Oregon?

On September 22, 2015, it was reported that Idaho had a natural gas industry.

Late last night it was reported that there was an earthquake centered in Lakeview, Oregon.

I don't know if the two are related but Lakeview, Oregon, is only about 200 miles west of Idaho. 

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