Saturday, October 15, 2016

Week 41: October 9, 2016 -- October 15, 2016

The past week: Forbes reports that Saudi Arabia continues to burn through cash and economic collapse is actually possible. Saudi's lack of cash has radically changed the "landscape" of the Mideast.

The top story of the week, however, was a non-story: North Dakota's crude oil production dropped below one million bopd.

A reminder: EIA changed reporting methods on crude oil storage this past week. Art Berman, over at Forbes, discusses crude oil storage in the US.

For me, personally, I think this was the big story of the week: Update of a re-entered Madison well in Stockyard Creek.

Operations:
Will the number of active rigs in North Dakota drop below 30?
Top 20 fields in the Williston Basin
Follow-up on Whiting wells that were taken off-line
Halcon reports a huge well; 56 stages; 6.7 million lbs sand 
In four days, a Gadeco well produced 10,000 bbls of oil after being "inactive"f for over two years
Abraxas reports six DUCs completed in North Fork oil field
MRO "re-covers" a lousy well
MRO's Juanita USA well produces 67,000 bbls of oil in first month of full production
A Silurian well goes over one million bbls of crude oil production; still producing after 34 years
Zavanna's Gust well in Long Creek looks like it is back to normal
Updating a Gadeco well in Epping oil field
Another Bakken update by Filloon
Updates on DUCs 

Fracking:
The fracking sand story
Shipment of frack sand to Texas sets record
EOG is a winner with a new well design
DUCs to the rescue
High-intensity fracks
Results of a re-entered, re-fracked BR well

Pipelines
A sixth pipeline company wants to tap into the DAPL
Update on natural gas pipelines into Mexico

Natural gas
Bear Creek NG processing plant near Killdeer has been completed 

Bakken economy
Ground breaking for new Williston area airport: $2,000/acre farmland bought for $9,000/acre 
Williams County high school graduates still go to college for free 

Miscellaneous
Permian acreage still selling for $60,000 acre
Kemper plant makes power with gas from coal for the first time: Obama's one energy success story
List of potential US LNG export facilities
Staggering: the building out of US LNG export projects
Why Canada needs more diluent, and where they will get it
Update on natural gas processing and fractionation additions in Alberta
Not that it matters, but atmospheric CO2 decreases month-over-month; back to baseline
Prime real estate along scenic Little Missouri River in the Badlands sells for less than $2,000/acre

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