Saturday, March 16, 2019

Week 11: March 10, 2019 -- March 16, 2019

It seemed like a quiet week. I really can't remember anything of significance, but let's go through the posts for the past week.

Top US energy story: America is set to surpass Saudi Arabia in a "remarkable" oil milestone;

Top US non-energy story: ferocious winter storm extends winter; and, here; Montana sets record; and, here; New England; Minnesota;

Mineral owners: a new resource / site / linked;

Geoff Simon's top ND energy stories:
  • ND Senate unanimous on infrastructure bill funding; to governor's desk for signing
  • ND legislature bumps up revenue forecast; state expects oil price around $48/bbl
  • ND land board wants money paid back; extraction tax misallocated from state funds
  • ND Senate kills bill banning DUI checkpoints
  • ND driver's license fee increase passes
  • US Army Corps of Engineers fights tribal request for more pipeline study records
  • Feds to ease land restrictions meant to protect bird across the west; the bird: the greater sage grouse;
Director's Cut, January, 2019, data. Link here. Though the preliminary crude oil production data suggested North Dakota failed to hit yet another all-time record by a mere 339 bopd, if production was measured by boepd, it appears North Dakota set yet another all-time high crude oil and natural gas production record. It needs to be confirmed, and when the final numbers come out, it's very possible North Dakota will be able to report a new crude oil production record.

WTI: finally hits a new yearly high, trading slightly above $58/bbl.

Operations
A reader questions whether MOR may have a "failed" well;
Random update of a nice BR well that came into this world with an IP of zero;
Random update of yet another spectacular MRO well;
Random update of spectacular MRO wells;
The MRO "phenomenon"
CLR to reported some huge Brandvik / Weydahl wells last week; here;
Equinor's Mark wells in Williston oil field finally fracked;

Other formations
A Madison well with five horizontals 

Operators
NOG reported earnings;
QEP earnings transcript;
Peregrine acquires interests in McKenzie County
Whiting looking to expand footprint in the Bakken

Flaring
RBN Energy updates flaring in the Bakken; it's too simplistic to say the problem lies on Federal land in the Bakken but it is what it is

Refineries
ND refinery to help greenfield refineries in the Permian

Bakken economy
Bakken workforce is changing
Williams County looking to fund the building of three new schools;
Jobs, jobs, and more jobs in the Bakken
Boot Barn opens; other Williston economy stories;

Miscellaneous
Anecdote, Bakken

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