Week 32: August 4, 2019 -- August 10, 2019

Top international non-energy story:

• National Grid failure in London affecting one million folks during rush hour
• Nuclear disaster in Russia -- just developing

Top international energy story:

• Saudi Arabia in panic mode; price of oil slides; currency war anticipated;
• Saudi US imports at record low;
• No good deed goes unpunished;
• Wind energy is collapsing in Germany;
• Chart of the year: US LNG;

Top national non-energy story:

Top national energy story:

• US ethanol refiners in a world of hurt: glut of ethanol; EPA; high corn prices;
• Recession "just around the corner";

Top North Dakota non-energy story:

• North Dakota wages are on a fast rise, climbing 49% in just ten years;

Top North Dakota energy story: 

• CLR's Long Creek project

Geoff Simon's top ND stories:

• Williams County offers grants to schools; Williston #1 District to get $4.1 million
• Whiting restructures; company to layoff 254 employees; about 100 of those are in Williston, Watford City, and New Town areas; Whiting is the #2 producer in the state; overall, 94 of the layoffs were among executive and corporate positions;
• State leaders travel to Canada to tour Alberta petrochemical facilities (big story)
• Work underway on Long X Bridge
• North Dakota wages are on a fast rise, climbing 49% in just ten years; 
• Williston has 3rd highest airfares in the US; looking to lower plane ticket prices
• Missouri River Basin runoff increases again;
• CLR's new Bakken crude project to start producing in 2020
• Oil production in Bakken formation faces natural gas flaring constraints
• ND leads in personal income growth, western states rise faster than other states
• Gasoline prices to reach $13/gallon with Green New Deal
• Oregon Supreme Court blocks wind farms due to endangered species threat

Operations:

• Active rigs at 62 in North Dakota: recent high despite slide in oil prices;
• Exciting developments in Long Creek oil field
• Second consecutive day with no new permits 
• MRO with incredibly DUCs (same link); and, here; and, here; and, here; and, here;
• A monster well with interesting production profile;
• Moving to 20 wells/1280-acre drilling unit in the Bakken;
• Crescent Point renews 17 permits;
• Slawson's Submariner wells starting to report;

Fracking:

• Water issues

Rig counts:

• Rig efficiencies;

Halo effect:

• Siverston Field XTO well, Cherry Creek State; 
• The BR Kermit wells, Pershing field;
• CLR's Simmental well in Elm Tree;
• Zavanna well in Stockyard Creek;

Bakken economy:

• Long X Bridge replacement update

Miscellaneous:

• Birthday wishes