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Friday, May 6, 2016

Week 18: May 1, 2016 -- May 7, 2016

Added late: Saudi's 80-year-old oil minister "forever" has taken "early retirement to spend more time with his family." Former Minister of Health will take over as Minister of Oil. Al-Naimi will forever be remembered as the "father of the trillion-dollar mistake."

Operations
Lynn Helms hints that the Red Queen has arrived
CLR with new presentation; company projects almost 200 DUCs by end of year
Statoil with another huge Skarston well
May 1, 2016: 9 of 9 new wells go to DUC status
Whiting talks $50 oil 

Refinery Operations
MDU hints that the white elephant will be on the auction block in the not-too-distant future

Bakken Economy
New bank breaks ground in Watford City
Bakken's first LGBT bar to open in Williston
Optimism still exists in Williston

Bakken_101
Tyler formation oil would likely be categorized as "light" oil

Miscellaneous
Donald Trump to speak at Bismarck, ND, oil and gas conference 
Halliburton/BHI merger keystoned 

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