Tuesday, May 21, 2013

CED Expands To North Dakota

I am exhausted; can't post any more tonight, and have to be up early in a.m.

But this is too good a story to not post now; I might comment on it later, but the story speaks for itself.

The Dickinson Press is reporting.

Now, if you want to see why this is such a great story, go to their website....

http://www.cedcareers.com/

.... and scroll down about a third of the page to "CED Locations" and look at that lone yellow dot. I assume another yellow dot will be added soon to North Dakota. What an incredible graphic, and it must tell us something about the development going on in western North Dakota.

Again, Don, alerted me to the site.

CED, from their website:
Fifty-seven percent of all U.S. homes were built before 1980, and total U.S. Housing Starts have averaged almost 1.5 million units annually since 1959. We supply just about every piece of residential electrical equipment to power American lifestyles.

Companies Supporting The Bakken Boom Locating / Renovating / Expanding Outside The Bakken: Grand Forks, Bismarck

Multiple stories here.
  • Bobcat expanding in Bismarck.
  • Steffes Corp of Dickinson expanded in Grand Forks.
  • Diverse Energy Systems locates in Grafton (north of Grand Forks).
  • Menard's of Minnesota looking at manufacturing site in Bismarck area. 

Wells Coming Off Confidential List Wednesday; Whiting With Three Nice Froehlich Wells In Their Pronghorn Prospect

20064, 1,875, Whiting, Froehlich 21-28PH, Bell, t11/12; cum 72K 3/13;
21722, drl, Hess, BW-Larson 149-100-1720H-1, Ellsworth, no production data,
22373, 2,172, Whiting, Froehlich 11-28PH, Bell,  t11/12; cum 56K 3/13;
22774, 1,947, Whiting, Froehlich 41-28PH, Bell, t11/12; cum 61K 3/13; 
23110, drl, KOG, P Bibler 154-99-1-5-29-1H3, Epping, no production data,
23111, drl, KOG, P Bibler 154-99-1-5-29-2H, Epping, no production data,
23113, drl, KOG, P Bibler 154-99-1-5-8-15H, Stockyard Creek, no production data,
23824, drl, Hess, EN-State D 154-93-2635H-3, Robinson Lake, no production data,

**************************

20064, see above, Whiting, Froehlich 21-28PH, Bell,

DateOil RunsMCF Sold
3-20131065512187
2-20131088010661
1-20131567916141
12-20122604330734
11-201290422650

 22373, see above, Whiting, Froehlich 11-28PH, Bell:

DateOil RunsMCF Sold
3-2013804210009
2-201332233300
1-20131424616376
12-20122085522348
11-201290652235

22774, see above, Whiting, Froehlich 41-28PH, Bell:

DateOil RunsMCF Sold
3-201396309941
2-2013910010044
1-20131449516169
12-20122076319804
11-201272411893

Five (5) New Permits -- The Williston Basin, North Dakota, USA

Active rigs: 188 (steady but trending down)

Five (5) new permits --
  • Operators: EOG (3), Mountain Divide, BR,
  • Fields: Parshall (Mountrail), Charlson (McKenzie)
    Comments: Mountain Divide has four permits, all permits; #23900 is on DRL status; the other three are confidential.  Their permit today is a permit for a wildcat in Divide County.
Wells coming off confidential list were posted earlier; see sidebar at the right.

Just Tweeted: API Stats

API stats: crude up 0.5mil b, distillates up same, gasoline up big 3 mil b. Platts projection was crude dn 1.2 mil, gasoline dn 200k.