Week 42: October 16, 2016 -- October 22, 2016

Welcome to Bakken 2.0. Initial post here. No, not a new blog, and not a revised old blog. We're talking about the second cycle of the Bakken. October, 2016. Ten years of North Dakota Bakken. It begins:

• almost exactly two years after Saudi Arabia announced "open-spigots policy"
• begins with the SM Energy-Oasis deal (same link as above); and here, at $14,000/acre
• era of mega-fracks (and monster fracks)
• new operators in the Bakken becoming active
• larger overlapping fields in the Bakken
• increased density drilling
• existing permits being renewed
• anticipation for DUC completions 

Many stories on RSP Permian's deal in the Delaware (Permian) Basin; this is one post. 

Internationally: Venezuela's giant oil company and country's major source of income could default this coming week. Kazakhstan's Kashagan is back on line.

The big story that mainstream media is not reporting: Putin's push into the Mideast.

Bakken 2.0
NDIC November, 2016, hearing dockets agenda
CLR's 32 wells in "one location"
Arsenal Energy transfers 58 wells to Rampart Energy
North Range Resources drilling again (not Bakken wells) 
Random notes on the SM Energy - Oasis deal
SM Energy: going longer, not deeper
Other Bakken deals announced: SM Energy, Newfield, Oasis  

Operations
Traxel 1-31H is no more

Fracking
Monster frack: "propageddon" -- Chesapeake in the Haynesville, Louisiana