Monday, March 20, 2017

Week 11: March 12, 2017 -- March 18, 2017

For some reason I forgot to post top stories of the week over the weekend. I will do that now, even though it will include some posts from today and yesterday.

Last week winter storm Stella rolled into the northeast US; for the most part it appears to have been over-hyped, at least as far the three major urban centers go: Boston; NYC; and, Washington, DC.

There were many, many posts on Whiting's incredible Rolla Federal wells, but I only linked one post below. I track the Rolla Federal wells here.

Operations:
Number of active rigs jumps to 50 (32 last year at same time; represents a 56% increase year-over-year)
Completion data for 3Q16 and 4Q16 wells updated
Whiting reporting some huge Rolla Federal wells, including 52K/first month of production
Update on an Oasis Rolfson well; nice results
Update of a very nice Whiting Flatland Federal well
Another well with nice post-shut-in production jump
Comments by Lynn Helms, NDIC/Director
EIA released its most recent drilling report

Pipeline
Appeals court won't take DAPL case; sets stage for oil to start flowing soon; a lot of chatter that DAPL might start flowing Monday, March 20, 2017, but no news reports yet

Fracking
Update of recent completions in the Bakken 

Bakken 101
Previously posted: break-evens in the Bakken

Random look at unusual configuration of Whiting wells in area of the microseismic array
Bakken 2.0: pad drilling; more rigs; a few new permits; a few permits renewed, DUCs completed
The shale revolution, in Zero Hedge
Backwardization vs contango 

Other
Two more wind farms proposed for North Dakota (Xcel)  

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