Friday, October 15, 2010

Huge Water Plan Could Cover Half the Oil Patch (ND, USA)

A huge water plan in the works could cover half the oil patch. This link will probably be broken within a few days.
The proposal involves doubling the capacity of Williston’s treatment plant, and would have initial capability of pumping five million gallons of water north each day to points in northern Williams, Divide and Burke counties, and five million gallons south.
Funding from the state: $150 million. 

IPs and Production

If you've been following my posts for the past several weeks, you will notice that I have come down firmly on the observation that the smarter operators are looking for lower IPs. That's just an opinion, and we will see how that plays out.

Here is an interesting comment regarding same subject, just posted today: a well with half the IP of another well is actually producing more.

Likewise, more insight into the Fidelity process: fewer frac stages, less fluid.

I will continue to post IPs, and will continue to highlight wells with high IPs (it's almost impossible not to) but I will also point out what appear to be good wells regardless of their IPs.

Cool: ND Air National Guard New Mission -- C-27J (Not a Bakken Story)

From the Minot Daily News:
After ending a 60-year fighter aircraft mission in 2007, the 118th Wing members began flying the C-21 Lear Jet as a bridge mission to keep the pilots and the aircraft maintainers certified until the new C-27 mission begins at the 119th Wing in early 2013.
 The air base at Great Falls, Montana, will also be getting a C-27J mission.

BEXP WIth New Nice New Wells; Fidelity With A Good Well in the Alger (Bakken, ND, USA)

I no longer care that much about IPs (see earlier posts), but that doesn't stop me from highlighting some nice wells:
Also, Fidelity reports a nice well in the Alger:

Twelve More Permits in the Bakken Today

Seven companies: Whiting (3), Cornerstone (2); CLR (2), BR (2), American (1), Baytex (1), Prima (1).

Fields: Carter, Upland, Coteau, Sadler (2), Sanish (2), Westberg, Wildcat (2), Clear Creek, Ambrose, and North Elkhorn.

Four (4) of these twelve (12) are designated Three Forks Sanish; 4/12 = 33% of new permits today were for the TFS.