Week 37: September 13, 2015 -- September 19, 2015

This has been a very interesting week for those who enjoy reading tea leaves. There are reports out there that clearly suggest Saudi Arabia is ready to ... well, I don't know what they are ready to do ... apparently they have clearly stated that they have destroyed the US shale gas industry, but I don't know what that means for Saudi Arabia. The production numbers coming out of the Bakken and the number of new permits this past week certainly doesn't suggest the Bakken is dead. But in the big scheme of things, I suppose, not much has changed, and most of us still think it's going to get much worse before it gets better.

Graphics
Monthly US crude oil production 
Daily production -- must see 

Operations
EOG's Riverview sets a new Bakken record
EOG update and Zeits' update on the Bakken in general
Director's Cut: ND production unchanged (down 0.8%) month-over-month

Pipelines
Is the Sandpiper dead?

Bakken economy
Western North Dakota television market one of the fastest growing in the US 
Direct air flights from Fargo to Seattle in the works
Ports-To-Plains conference to be held in Williston, October 6 - 8, 2015; also here

Miscellaneous
Samson Resources files for bankruptcy protection  
Whiting can survive on $50 oil - Zeits

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.... and yes, I think the book in the foreground is upside down...