Week 39: September 25, 2016 -- October 1, 2016

I assume the "big" story this week was the "OPEC - Saudi agreement" to freeze production. Personally, I don't see anything changing for quite some time. It was also reported that Saudi Arabia "injected" $5.3 billion into banking system to "stabilize crunch."

Baker Hughes reported that US oil rigs increased again this past week with more rigs in the Permian and the Williston Basins. This is the seventh time in the past eight weeks that US oil rigs have increased in number. 

Operations
BR reported several nice North Fork oil wells; and, here; 
The North Fork oil field was updated

CBR
Bakken losing East Coast market to rising imports -- RBN Energy

Fracking
RockPile gets bought out, expands

Pipeline
Canadian prime minister to decide fate of several pipelines by end of year

Bakken Economy
Williston has its first city administrator 
Two Williston hotels to close; El Rancho to be sold
North Dakota tax collections continue to fall below forecast
Bypass around Killdeer, ND, completed

Miscellaneous
North Dakota golfer sinks Ryder Cup putt
Bakken losing East Coast market to rising imports -- RBN Energy