Week 10: March 1, 2020 -- March 7, 2020

Best graphic of the week, 4.7 miles, $4.8 million:

Top international non-energy story:

• Coronavirus -- out of control;
• Twitter detains Saudi royals;

Top international energy story:

• US "net exporter" of petroleum first time since 1973;
• Oil collapses

Top national non-energy story:

• BLM cuts half its DC-based staff;
• US jobs;  
• US economy:
• 10-year Treasury drops well below 1%; most recently about 0.75% (dynamic link)
• Fed: holds emergency meeting; cuts Fed rate by 50 basis points; Dow drops over 800 points in response;
• US Democrat presidential primary
• Mike Bloomberg could have given every American $1.53 million dollars: MSNBC, NYT; 
• "everyone" dropped out; Pocachontas cost Bernie the lead, and possibly the nomination; 

Top national energy story:

• US "net exporter" of petroleum first time since 1973;
• America's gasoline demand has quietly reached record levels;
• Oil collapses

Top North Dakota non-energy story:

• XWA voted ND Airport of the Year;

Top North Dakota energy story:

• North Dakota rejects wind farm permit; 

Geoff Simon's top North Dakota stories:

• much of the report concerned public school building plans across western North Dakota
• North Dakota looking to end property taxes; petition needs 27,000 signatures by July 6th, 2020
• Bakken pushes forward but needs more pipelines -- Pipeline and Gas Journal
• CLR will shift capital expenditures back to ND's Bakken for 2020
• EA completed; northeast truck reliever route in Williston moves forward
• Native Americans shut down BNSF unit trains -- Ninth Circus Court says Indian tribe has that right by treaty 
• US natural gas consumption increases 3% from electricity capacity; sets new 2019 record; 
• Sidney, MT, folks want MDU to keep coal plant running; 
• ND oil and gas companies must find ways to extend the Bakken's core to keep going in the Bakken -- Williston Herald; Antelope may be the best spot in the Bakken, but number of remaining drillable locations can be counted on two hands (for the NYT editorial board, that would no more then ten in most cases)

Operators:

• Enerplus adds another location to its 10-well mega-pad, "Game Fish,"
• MRO looking to put 40 wells over four 1280-acre units; 

Operations:

• The Oasis Kellogg Federal wells;
• A Bakken DUC out-produces the average Permian well; 
• An EOG Austin well to go over 1 million bbls;
• 55-fold jump in production; 
• BR reporting some great wells in Pershing oil field;
• Enerplus reporting its Turtle Pad wells; and, here; and, here;
• 52 permits renewed;
• Random update;

Fracking:

• EOG mega-frack; slickwater;

Pipelines:

• Alliance Sales 4.7 mile connector;

Bakken 101:

• The dreaded Bakken decline; and, here;
• Fake memes: parent-daughter wells in the Bakken;

Commentary:

• Focus on Bakken midstream; 

Favorite post of the week:

• But we were told: there would be no math!