I did not know this: this airport is 10x the size of the airport it replaced. This is a huge, huge deal for Williston.
I thought I tracked XWA at one site but couldn't find it. For past posts on XWA, click here.
Sunday, August 18, 2019
Aviation Pros Reviews Williston's New Airport -- August 18, 2019
This is a really, really cool story -- from AviationPros -- regarding the new Williston airport. To the best of my knowledge, this is the first new greenfield international airport built in the western hemisphere in the past decade. Archived.
I did not know this: this airport is 10x the size of the airport it replaced. This is a huge, huge deal for Williston.
I thought I tracked XWA at one site but couldn't find it. For past posts on XWA, click here.
I did not know this: this airport is 10x the size of the airport it replaced. This is a huge, huge deal for Williston.
I thought I tracked XWA at one site but couldn't find it. For past posts on XWA, click here.
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(Off topic; mea culpa maxima)
ReplyDeleteArt Berman in FEB 17:
http://www.artberman.com/the-beginning-of-the-end-for-the-bakken-shale-play/
"It’s the beginning of the end for the Bakken Shale play.
The decline in Bakken oil production that started in January 2015 is probably not reversible." [Bunch of blabla about water, gas, wells getting worse, EUR dropping, etc.]
So what has happened in cold hard production facts, with ND production?
Month: MM bopd (comments)
DEC14: 1.230 (high price era peak production)
JAN15: 1.192 (Berman's decline beginning)
DEC16: 0.942 (all time recent low, last datum as of Berman article press time)
MAY18: 1.248 (first month that beat the old peak)
JUN19: 1.425 (most recent month, and current record)
Source: https://www.dmr.nd.gov/oilgas/stats/historicaloilprodstats.pdf
As you can see, Berman was EERILY 180 degrees wrong. Right after his article, the production went up. And has added just shy of a half million bopd. It reminds me of James Hamilton claiming "hundred dollars here to stay" in JUL14. Needless to say, neither has been too eager about doing a thorough post mortem where they admit how wrong they were and dig into how their biases led them to that.
P.s. Check that anonymi from 2017 in the Berman article comments. Schooling him good on winter, gas, water, etc. Even at the time, the article was silly.
Yes. You are so correct especially that last past: "Even at the time, the article was silly."
DeleteThe most embarrassing thing for guys like Berman is that the internet "saves" all these articles.