Saturday, July 14, 2018

Week 28: July 8, 2018 -- July 14, 2018

North Dakota sets three new all-time production records (this link):
  • crude oil production
  • natural gas production
  • boe (crude oil + natural gas) production
Another record:
  • number of producing wells: 14,755 (previous month: 14,583)
Not a record, but, (this link)
  • DUCs increased
  • number of inactive wells increased
Operations
Apparently the Lodgepole well being drilled southwest of Dickinson was dry
Oasis Ceynar wells should be coming off confidential list soon
Huge production for an MRO Ross well

Flaring
Trending in the wrong direction on the reservation

Fracking
Update on sand
Random update of an incredible re-fracked MRO well

Refinery:
Update on "Delta refinery" in Pennsylvania 

Bakken economy
North Dakota tax receipts increased well beyond forecasts; and here, 72% higher than projected;
Williston airport receives another federal financial installment

Miscellaneous
US gasoline demand is down 
Huge drop in US crude oil reserves 
US crude oil exports hits 3 million bopd

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