The Million Dollar Way (The Bakken Oil Blog)

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Saturday, May 5, 2018

Week 18: April 29, 2018 -- May 5, 2018

Operations
A Rimrock Charging Eagle well has produced in excess of 160,000 bbls crude oil in less than four months
Some XTO Lundin wells coming in are quite incredible
Anticipating another 24-well array in a 1280-acre drilling unit
MRO reports a record well it the Bakken
MRO hitting some big wells
Three huge MRO wells in Bailey oil field
Hess reports six DUCs completed in Blue Buttes
CLR reports a huge Monroe well in Banks oil field
CLR has permits for a 12-well pad in Banks oil field

Pipelines
Another natural gas liquids pipeline approved in for the Bakken

Flaring
Still a problem on the reservation after twelve years 

Natural gas liquids
Growing production (same link as above link)  

Bakken economy
Bakken shale getting "back in the money" -- Bloomberg
North Dakota's oil and gas tax revenues now exceeding forecasts 
WLL conference call: it's all about the Bakken 

Other formations
Austin Chalk -- Louisiana

Miscellaneous
MPC buys Andeavor  
Bruce Oksol at 11:27 AM
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