Thursday, September 1, 2011

Chesapeake's New Corporate Presentation -- Bakken, North Dakota, USA

Due to my poor wi-fi connectivity, I will post just as this was sent in to me, minimal editing:

The new presentation from Chesapeake has interesting information on the natural gas station project, with map.
http://www.chk.com/Investors/Pages/Presentations.aspx

pages 11-17

Then page 18 on gas to liquid.

----

The ratio of LNG semis to volts probably shows more big rigs than coal cars.

Some data points from the presentation that caught my eye:
  • CHK's position in oil and natural gas plays around the country; among the top 10 in the Bakken
  • Targeting liquids, but still a natural gas company
  • Slide 10 is CHK's response to why they remain a natural gas company
  • Natural gas (liquid natural gas -- LNG) highway system: first 90 stations creates interstate coverage coast-to-coast and border-to-border -- the map on slide 15 is awesome; I-94 across North Dakota is part of the LNG highway
  • I love slide 20, a map of CHK's operating areas, and this comment: low risk asset base -- not exposed to economic, geopolitical or technological risks internationally or in the Gulf of Mexico (yes, Virginia, the permitorium is still in effect)
  • I also like slide 26, the in-house services/companies owned by CHK: including NOMAC drilling (in North Dakota); FracTech; OilField Trucking Solutions; and several others
  • Nomac and Bronco rigs
The new buzzword in the oil industry must be "manufacturing" -- I have seen that word in more and more oil company presentations. Here's what CHK said:
"Majority of US natural gas producers will have completed their transition from running "gas factories" making $4/unit widgets to "liquid factories" making $10 - 17/unit widgets."
It's a nice presentation to run through even if you are not invested in CHK, just to see where the US is headed with regard to energy.



Car For Sale -- A Little Bit of Work Needed -- Bakken, North Dakota, USA

Random photos from my 12-mile walk west of Williston:



One owner.

Most likely only used to drive owner to church on Sundays.

Random Photos From West of Williston -- Bakken, North Dakota, USA

Unfortunately my photos don't do justice to what is going on in the Bakken; hopefully with time, my photos get better, but it's hard to capture the immensity of the activity with a small digital camera.

Double-click on these photos to open in another window and make them much bigger and clearer.

As noted in an earlier post, I took a 12-mile walk the other night: starting out in daylight at 6:30 and ending up in the dark by 9:30 p.m.

I think one of these buildings -- probably the newer one in the distance (on the right) is the new Hexom building.


Something tells me the Game and Fish Department was not open for business, but this gives one an idea of where folks are finding places to live and to park. It is absolutely incredible to see all the trucks in Williston. These are just the compacts.


And then a stead of stream of traffic as I was walking back to town. When I was growing up in Williston, there were few nights that there would have been this much traffic, but now it is steady and it is busy.



Belfield Area With Huge Man-On-The-Run Risk -- North Dakota, USA

Update


Original Post

Link here (regional links break early and break often).
A Belfield man has been charged with murder in the death of the mother of his child, and court documents have shed some light on the allegations.

Dirk Huber, 41, was charged with Class AA felony murder on Wednesday, according to court documents filed on Thursday. A warrant has been issued for his arrest.
I normally don't post these kinds of stories and had not planned to post this, but there seems to be some interest based on comments being sent in.
One particularly good comment came from a trusted reader who said that folks in the East River Road area near Belfield need to maintain situational awareness. The individual in question will no doubt be looking for transportation.

(I have a lousy wi-fi connection tonight, so please bear with my infrequent notes, and less than full postings.)

Man-Camps in Golden Valley County -- Southwestern North Dakota -- Bakken, North Dakota, USA

Link here (regional links break often and break early).
The Golden Valley County Planning and Zoning Commission members met Monday afternoon to discuss permits issued to work-camp housing. An amendment was passed that contained conditions for companies to establish facilities for workers.

“The county has been approached from several angles,” said Henry Gerving, Golden Valley zoning director. “The probability of a man camp being developed in Golden Valley is relatively high.”

The commission has met several times to discuss plans and policies for housing crew members for oil companies. The commission wants to be prepared for companies that make camps in Golden Valley County, said Gerving, and they want to be able to give them the correct information.
For those looking for Golden Valley County on google maps, find Beach, North Dakota.  As in the "beach" of an ancient inland lake that is now giving up its oil.