Week 20: May 10, 2020 -- May 16, 2020

Top of the list: Bakken oil to Belarus; departs on Syttende Mai;
 
Top story of the week: Saudi Arabia

Top energy story of the week: Saudi Arabia / Kuwait to stop Al-Khafji field production;

Favorite video:

Best news all week:

• Permian producers say the worst is over;
• Tesla moving HQ and Cybertruck manufacturing to Texas (Austin area);

Biggest non-story of the entire week:

Top international non-energy story:

• Saudi Arabia: admits their economy is in trouble for a long time;
• Sweden;
• Tokyo;
• Corona virus cases surge in the Mideast;

Top international energy story:

• Saudi Arabia; 
• Saudi Arabia wants SABIC deal re-structured; and, here;
• Saudi Arabia to cut another one million bopd; other OPEC countries to follow suit;
• Saudi Arabia / Kuwait to stop Al-Khafji field production; 
• Saudi Arabia has huge storage / production problem;
• Saudi Aramco takes huge financial hit; 
• Saudi Aramco breakevens;
• OPEC basket plunges (error in reporting?); and, here;
• OPEC exports plunge;

Top national non-energy story:

• Tesla moving HQ and Cybertruck manufacturing to Texas (Austin area);

Top national energy story:

• EIA: US crude oil in storage decreases slightly;
• North Dakota's March, 2020, production figures incredibly good considering headwinds; 
• US crude oil supply hits unprecedented 42 days;
• CBR: federal agency sides with ND in dispute with Washington state;

Top North Dakota non-energy story:

Top North Dakota energy story:

• Active rig count drops to 13; Director's Cut said 12 on day of report; 
  

Geoff Simon's top ND stories (does not include stories posted elsewhere on this page):

• ND wins CBR case with Washington state;
• PSC approves Williams County gas plant; the B. Sanderson Gas Processing Plant; 
• Williston D1 to accest D8 students this fall;
• ND airline boardings plummet to record low;
• Federal judge: handing DAPL a setback (?); judge rules that new pipelines crossing streams need more review;
• Dickinson airport moves to next phase in bidding multi-phase project;
• ND State Fair canceled
• US was energy independent in 2019 for first time since 1957;

Operations:

• A QEP Moberg well to hit 500K this summer; 
• Two BR Mathistad wells each go over 500K cumulative;
• WPX reports a huge Cole well;
• CLR to report a huge Wahpeton well;

Operators:

• EOG renews a permit for third bench, Three Forks; 
• Iron Oil with three new permits;

Advantaged oil:

• MRO State Ralph Howard; 
• MRO Chapman;
• Equinor Bugs;
• Oasis Aagvik wells;

Fracking:

Natural gas:

• RBN Energy with Bakken natural gas update;
• Futures look promising;

Bakken economy:

Commentary:

• Corona virus;
• Corona virus first identified in North Dakota in 1931;