Friday, June 4, 2010

Hess Presentation for Multiple-Well Pads

A big thank you to a reader for sending in this link describing the multiple-well pads being developed by Hess.

This is an outstanding presentation and much appreciated.

You can read more at another one of my postings regarding the same.

Thursday, June 3, 2010

All New US Drilling In the Gulf Stopped!

Incredible.

Click here for full story.

I can only assume this will be good news for Canadian oil sands and the Williston Basin. For the Williston Basin, it will only be good news for the immediate future. Long term, this is not good news.

I had opined on the day of the tragedy that this would be the end of off-shore drilling.

Federal control (EPA) of fracking is just around the corner. You think?

Once these folks start sitting around the table, all issues are ON the table. Staffers working behind the scenes will set the agenda, and will draw up the PowerPoint slides to include deep water, shallow water, and on-shore drilling. This will take on a life of its own.

The US will community-organize itself right out of the oil business.

Exaggerated IPs?

I see EOG announced another completed well today: #18376, Parshall 100-22H, 22-152N90W.

IP ... drum roll .... 171.

I hope that was not the 24-hour flowback.

Comments regarding this well, click here

Addendum, June 4, 2010:

And another EOG well in the Alger oil field reported today, 18444: the Ross 100-09.

IP ... drum roll .... 282.

With IPs like this, a bit of levity is needed. It is rumored that this was the B side of a "45" that did not sell until a disk jockey in North Dakota turned the record over, played this, and the rest is history:


To Know Him Is To Love Him, The Teddy Bears

Wednesday, June 2, 2010

Canadian Oil Sands

This might be a bit off-topic but the linked article does reference the Bakken, suggesting the site has additional postings regarding the Williston Basin. Having said that, this article is an incredibly lucid commentary on the heavy oil coming out of Canada. I can't recall, but I believe I have recommended this site before; it is one of the better blogs out there combining my favorite subject (oil/Bakken/energy) with my favorite pastime (literature, good literature).

Considering the debacle in the "bay of rigs," this article is very, very timely.

122!

That's a new record; and "we" broke the 120 mark. Quite a leap this past week. I assume this is due to fact that load restrictions on roads and highways were lifted.

See list of active rigs here.  With some rigs moving from one site in the Bakken to another, I assume there is a potential for 125 rigs on any given day now.

Credible sources say each of the current horizontal wells are doing the work of eight (8) wells back in the early days of the Williston Basin.