Friday, April 28, 2017

Week 17: April 23, 2017 -- April 29, 2017

It's been a week of meager daily activity reports coming out of the Bakken: very few new permits; almost no reports of any DUCs being completed; most new wells going to DUC status. Meanwhile, WTI reversed direction, began trending down, and came close to trading under $48, finally settling at just over $49 for the week. Saudi Arabia is "talking their book" in preparation for its IPO arguing that the demand for oil will grow for decades. Whatever.

Top story of the month?
First shipment of Bakken oil heads for Asia

Operator considers expanding capacity on natural gas pipeline out of Tioga/Prairie Rose 
Tracing recent history of active rigs in North Dakota
Random update of a CLR Antelope well in Elm Tree oil field
Random update of an incredible SHD well in Deep Water Creek Bay
Random update of CLR's Anna wells
Report of seven producing wells (DUCs) completed
Filloon's update of Whiting in the Bakken

Bakken economy
Managers for new Williston airport selected
Watford City latest to join craft brewery business
North Dakota wheat being loaded unto Incheon Bay
Bank of North Dakota, human interest

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