Hyperbole Or Some Legitimacy To This Unbridled Enthusiasm?

Link here.

“We’re starting to see the evidence of real oil wells,” he said. “The reservoir is flowing oil in commercial quantities.”

Based on the early results from Marlboro Township, drilling in eastern Ohio’s Utica shale formation might surpass the much-touted Eagle Ford shale in Texas, Houser said.

“The Frank well actually looks better than very early stage Eagle Ford wells,” he said.

Until recently, Carroll and Harrison counties were Ohio’s Utica shale drilling hot spots for natural-gas liquids. Now drillers are looking a little farther west in a search that probably will bring increasing interest in an area, called a window, under the ground of Stark, Tuscarawas, Guernsey and Noble counties.

This is in Stark County, Ohio.  Not to be confused with Stark County in North Dakota.

A big "thank you" to "anon 1" for alerting me to this link.

My hunch: thinking Buckeyes won't want to ban fracking. And they won't want the Feds butting in.

For Newbies: A Quick Look Where the Bakken Is Headed: S T A G G E R I N G

Link here.  (regional links break early and break often)

How many wells in a 1280-acre spacing unit: the number could be in the teens -- Director, NDIC.

In fact, Helms says the state just issued a permit for the largest drilling pad in the state history - a pad to allow many wells at one site.

"We just permitted for Contininental Resources the largest oil pad we've permitted so far just outside of Williston, it's got 14 wells and will extract the oil from the Missouri River bottoms where there was flooding last year."

A bit of inconvenience for awhile:

He admits that for the people living along a road where there once was one well and will someday be a dozen or more are going to be unhappy with the thousands of trucks that'll have to travel that road. But he says the bigger picture is that the state will be able to keep multiplying its oil production while keeping the adverse impact on the countryside as small as possible.

This is from today's posting of what operators are asking to drill in the future:

• 18670, CLR, Oakdale-Bakken, 18 wells on each existing 1280-acre unit; Dunn
• 18671, CLR, Elm Tree-Bakken, 18 wells on each existing 1280-acre unit; McKenzie
• 18672, CLR, Antelope-Sanish, 18 wells on an existing 1280-acre unit; McKenzie
• 18621, Hess, Alkali Creek-Bakken, 10 wells on each 1280-acre unit, and 20 wells on each 2560-acre; McKenzie, Mountrail, Williams
• 18622, Hess, Robinson Lake-Bakken, 10 wells on each 1280-acre unit, and 20 wells on each 2560-acre; McKenzie, Mountrail
• 18623, Hess, Alger-Bakken, 10 wells on each 1280-acre unit, and 20 wells on each 2560-acre; McKenzie, Mountrail
• 18624, Hess, Manitou-Bakken, 10 wells on each 1280-acre unit; Mountrail, Williams
• 18625, Hess, Big Butte-Bakken, 10 wells on each 1280-acre unit; Mountrail
• 18626, Hess, Baskin-Bakken, 10 wells on each 1280-acre unit; Mountrail
• 18627, Hess, Beaver Lodge-Bakken, 10 wells on each 1280-acre unit;  Williams
• 18628, Hess, Capa-Bakken, 10 wells on each 1280-acre unit; Williams18629, Hess, Hofflund-Bakken, 10 wells on each 1280-acre unit; Williams, McKenzie 
• 18781, EOG, Squaw Creek-Bakken, 3 wells on each existing 320-acre unit; McKenzie; this translates to 6 wells on a section -- remember, at one time, folks in Williston were talking about one (1) well in each section would be exciting

By the way, I've argued that larger spacing units are good for everyone. When I took a poll, I was in the minority. Maybe some day I will get around to explaining why larger spacing units are good for everyone. My assumption is that over time, folks will figure it out for themselves.

The Permitorium Continues

Updates

September 3, 2012: EPA grants "relief" to Shell; diesel engines on boat being used in the Arctic won't face fines. Shell still needs the permit to drill "the 4,000 feet."

Original Post

The federal government grants permits to drill one exploratory well in pieces: a permit for 1,400 feet; a permit for 4,000 feet, and so on.

The theater of the absurd.

Royal Dutch Shell Plc said it will be difficult to complete an exploratory well in the Chukchi Sea off Alaska this year even after the company received a permit to begin limited preparatory work.  

Shell will be allowed to drill 1,400 feet under the seabed with the permit granted yesterday by the U.S. Interior Department.  

The company still needs U.S. Coast Guard approval for a spill-containment barge before a permit can be issued to drill about 4,000 feet deeper, into oil reservoirs.  

For the company that spent $4.5 billion to explore the Chukchi and Beaufort seas time is running out -- it takes at least 20 days to complete a well and Shell has to stop drilling in the oil-bearing zone in theChukchi Sea by Sept. 24.  

The company asked for an extension, a request the Interior Department said it is still considering. Completing a well in the Chukchi “will be very, very difficult without the extension,” Pete Slaiby, Shell’s head of Alaska operations, told reporters during a conference call from Anchorage yesterday.

Can you imagine if North Dakota required a permit for the vertical hole, another permit for the curve, a third permit for the horizontal leg, and then a fourth permit for fracking? One could then add a permit for flaring; a permit for putting up porta-potties: one for men; one for women; one for undecided.

Ayn Rand would shrug if she were alive.

Hearing Dockets, September, 2012 -- NDIC -- North Dakota

POSTED BUT NOT PROOFREAD

I assume there are typographical errors.

Wednesday, September 26, 2012

18576, Hess, et al, Ellsworth-Bakken, proper spacing, McKenzie
18577, Crescent Point, et al, Wheelock-Bakken, proper spacing, Williams
18578, Hess, Banks-Bakken, establish 2 1280-acre units; 6 wells each; 12 total, Mckenzie, Williams
14935, cont'd
16890, cont'd
18579, Whiting, establish a 320-acre unit; 1 vertical well; Golden Valley
18580, Whiting, Ash Coulee-Bakken, establish 2 1280-acre units; 4 wells each; 8 total; Billings
18581, Whiting, Camel Hump-Red River, establish 1 320-acre unit, 1 vertical well; establish 1 480-acre unit, one horizontal well; 2 total; Golden Valley
18582, Enerplus, et al, South Fork-Bakken, proper spacing, Dunn
18583, KOG, Twin Buttes-Bakken, designate 4 1280-acre units as separate units, allowing 4 hz wells each; 16 total; Dunn
18584, Liberty Resources, et al, Tyrone-Bakken, proper spacing, Williams
18216, cont'd
18585, BR, Sand Creek Pool, establish 2 2560-acre units; 14 wells each; 28 wells subtotal; establish 2 overlapping 2560-acre units, 1 well each, 2 subtotal; 30 wells each but option for more
17778, cont'd
18218, cont'd
18220, cont'd
18221, cont'd
18223, cont'd
18586, MRO, Reunion Bay-Bakken, establish a 2560-acre unit, 11 additional wells; Mountrail, McKenzie
18587, MRO, McGregory Buttes-Bakken, establish 1 spacing unit, 2665.81 acres more or less, 3 hz wells; or alternate option; Dunn
17358, cont'd
17779, contend
18034, cont'd
15676, cont'd
16125, contend
18588, Grit Industries, to allow a boiler to be located closer than 150 feet to oil tanks
18589, TD Services, to operate mobile treating plants
18590, Marquis Alliance, construct an oil treating and oilfield waste treating/processing facility in Divide County
18591, Marquis Alliance, construct an oil treating and oilfield waste treating/processing facility in Williams County
18592, Marquis Alliance, construct an oil treating and oilfield waste treating/processing facility in McKenzie County
18593, Marquis Energy, SWD, Wickum SWD 1, Tyrone Field, Williams
18594, Cornerstone, SWD
18595- 18606, Petro-Hunt, pooling
18607 - 18611, MRO, pooling
18612, Hess, Lone Tree Lake-Bakken, 2 wells on a 1280-acre unit; Williams
18613, Hess, Elm Tree-Bakken, 8 wells on a 1280-acre unit; McKenzie
18614, Hess, Westberg-Bakken, 8 wells on 2 1280-acre units; 16 total; McKenzie
18615, Hess, Antelope-Sanish, 8 wells on a 1280-acre unit, McKenzie
18616, Hess, Siverston-Bakken, 8 wells on a 1280-acre unit, McKenzie
18617, Hess, BlueButtes-Bakken, 8 wells on a 1280-acre unit, McKenzie
18618, Hess, Little Knife-Bakken, 8 wells on 4 1280-acre units; 32 total, Dunn
18619, Hess, Lake Ilo-Bakken, 6 wells on a 1280-acre unit; Dunn
18620, Hess, Saxon-Bakken, 2 wells on a 1280-acre unit; Dunn
18621, Hess, Alkali Creek-Bakken, 10 wells on each 1280-acre unit, and 20 wells on each 2560-acre; total: too many to count; McKenzie, Mountrail, Williams
18622, Hess, Robinson Lake-Bakken, 10 wells on each 1280-acre unit, and 20 wells on each 2560-acre; total: too many to count; McKenzie, Mountrail
18623, Hess, Alger-Bakken, 10 wells on each 1280-acre unit, and 20 wells on each 2560-acre; total: too many to count; McKenzie, Mountrail
18624, Hess, Manitou-Bakken, 10 wells on each 1280-acre unit; total: too many to count; Mountrail, Williams
18625, Hess, Big Butte-Bakken, 10 wells on each 1280-acre unit; total: too many to count; Mountrail
18626, Hess, Baskin-Bakken, 10 wells on each 1280-acre unit; total: too many to count; Mountrail
18627, Hess, Beaver Lodge-Bakken, 10 wells on each 1280-acre unit; total: too many to count; Williams
18628, Hess, Capa-Bakken, 10 wells on each 1280-acre unit; total: too many to count; Williams
18629, Hess, Hofflund-Bakken, 10 wells on each 1280-acre unit; total: too many to count, Williams, McKenzie
18630 - 18634, Hess, pooling
18635, Murex, Rawson-Bakken, 4 wells on 1 1280-acre unit; McKenzie
18636 - 18639, OXY, pooling
18640, Oasis, Painted Woods-Bakken, 8 wells on each 1280-acre unit; 6 wells on each 960-acre unit; Williams
18641, Oasis, Bull Butte-Bakken (Kalil field), 8 wells on each 1280-acre unit; Williams
18642, Oasis, Todd-Bakken (Williston field), 8 wells on each 1280-acre unit; McKenzie, Williams
18643, Oasis, Eightmile-Bakken, 8 wells on each 1280-acre unit, McKenzie, Williams
18644, Oasis, Camp-Bakken, 8 wells on each 1280-acre unit and each 1600-acre unit, McKenzie, Williams
18645, Oasis, Indian Hill-Bakken, 8 wells on each 1280-acre unit; McKenzie, Williams

Thursday, September 27, 2012

18646, NDIC, establish or alter spacing units in the Bakken Pool for selected sections/townships in McKenzie County
18647, legalese, risk penalty involving several Midnight Run wells; McKenzie
18648, Clean Energy, construct a treating plan, McKenzie
18649, GADECO, Epping-Bakken, 6 wells in a 1280-acre unit, Williams
17830, cont'd, a QEP case; lots of activity
18650, Triangle, revoke a Zenergy permit
18651, Triangle, revoke a Zenergy permit
18652, Triangel, Bull Butte-Bakken (Kalil field), establish a 1280-acre unit; and, establish a 640-acre unit, unspecified number of wells;
18653, Triangle, to establish temporary spacing for development of an oil pool discovered by the Dwyer well; McKenzie
18473, cont'd
18654, Oasis, et al, Black Slough-Bakken, proper spacing, Burke
18692, cont'd
18655, BEXP, Briar Creek-Bakken, proper spacing, McKenzie, Williams
18656, BEXP, et al, East Fork-Bakken, redefine field limits; Williams
18657, BEXP, Williston-Bakken, flaring, Williams
18658, BEXP, Cheryl well; exceptions to field rules, McKenzie
18659, BEXP, Elk-Bakken, establish an overlapping 1280-acre unit, 1 well; McKenzie
18660, BR, et al, Cabernet-Bakken, redefine field limits; Dunn
18661, CLR, Edge-Bakken, redefine field limits; McKenzie
18662, CLR, et al, Lindahl-Bakken, redefine field limits, Williams
18663, CLR, Northwest McGregor-Bakken, redefine field limits, Williams
18664, CLR, et al, Oliver-Bakken, redefine field units; Williams
18665, CLR, establish temporary spacing for development of an oil field discovered by the Berlain well, McKenzie
18666, CLR, Hebron-Bakken, alter definition of the Stratigraphic limits of the pool, Williams
18667, CLR, Squires-Bakken, alter the definition of the Stratigraphic limits of the pool, Williams
18668, CLR, Hamlet-Bakken, alter the definition of the Stratigraphic limits of the pool, Divide, Williams
18669, CLR, Oakdale-Bakken, alter the definition of the Stratigraphic limits of the pool, Dunn,
18670, CLR, Oakdale-Bakken, 18 wells on each existing 1280-acre unit; Dunn
18671, CLR, Elm Tree-Bakken, 18 wells on each existing 1280-acre unit; McKenzie
18672, CLR, Antelope-Sanish, 18 wells on an existing 1280-acre unit; McKenzie
18673, CLR, Rattlesnake-Bakken, establish an overlapping 1920-acre unit, 6 wells; Dunn
18674, CLR, Jim Creek-Bakken and/or Rattlesnake Point; establish an overlapping 1920-acre unit; 6 wells; Dunn
18675, CLR, Indian Hill-Bakken, flaring, Williams, McKenzie
18450, cont'd
18452, cont'd
15524, cont'd
18676, Slawson, Big Bend-Bakken, establish an overlapping 1280-acre unit, 5 wells; Mountrail
18677, Slawson, Sanish or Van Hook-Bakken, establish an overlapping 1280-acre unit, 5 wells; Mountrail
18678, Slawson, Sanish or Van Hook-Bakken, establish 2 overlapping units (approx 924 acres, and 919 acres); 5 wells; Mountrail
18679, Slawson, Big Bend-Bakken, exception to field rules for the Coyote well
18680, Flatirons Resources, South Pleasant-Madison, redefine field limits, Renville County
18681, Hunt, Wolf Bay-Bakken, proper spacing, Dunn
18682, Zenergy, Pronghorn-Bakken, establish 2 1280-acre units; 1 well each, McKenzie
18683, Ballantyne, file for bonds, Revile
18684, Behm, create a 320-acre unit, Mackenzie
18685, Corinthian, Northeast Landa-Spearfish/Madison; establish several 320-acre units; establish several 160-acre units; multiple horizontal wells on each unit; Bottineau
18686, Fidelity, New Hradec-Bakken, flaring, Stark
18687, Fidelity, Green River-Bakken, flaring, Stark
18688, G3 Operating, Pembroke or Haystack-Bakken, establish a 1280-acre unit; 1 well; McKenzie
18724, contend
18309, cont'd
18689, GMXR, Big Stick and/or Tree Top-Bakken, create 3 1280-acre units; 4 wells each; Billings
18690, Chesapeake, recomplete Olson 12-139-104 A 1H, Fryburg formation; Golden Valley
17551, cont'd
17848, cont'd
17849, cont'd
18312, cont'd
18313, cont'd
18305, cont'd
18475, cont'd
18476, cont'd
18477, cont'd
18478, cont'd
18479, cont'd
18480, cont'd
18482, cont'd
18483, cont'd
18484, cont'd
18485, cont'd
18486, cont'd
18487, cont'd
18488, cont'd
18489, cont'd
18490, cont'd
18491, cont'd
18492, cont'd
18493, cont'd
18494, cont'd
18495, cont'd
18496, cont'd
18497, cont'd
18498, cont'd
18499, cont'd
18691 - 18694, QEP, pooling
18695, KOG, risk penalty legalese, Banks-Bakken, McKenzie
18696, KOG, risk penalty legalese, Corinth-Bakken, Williams
18697, KOG, risk penalty legalese, Truax-Bakken, Williams
18698, Fidelity, Dickinson-Bakken, 4 wells on each existing 1280-acre unit, Stark
18699, Fidelity, pooling
18700, Fidelity, risk penalty legalese, Heart River-Bakken, Stark
18701, Samson Resources, Blooming Prairie-Bakken, 7 wells on an existing 1280-acre unit, Divide
18702 -18704, Samson Resources, pooling
18705, Samson Resources, Bluffton-Bakken, 7 wells on an existing 1280-acre unit, Divide
18706, Samson Resources, Foothills-Bakken, 7 wells on an existing 1280-acre unit, Burke
18351, cont'd
18352, cont'd
18353, cont'd
18354, cont'd
18355, cont'd
18707, XTO, West Bank-Bakken, 8 wells on an existing 1280-acre unit, Williams
18708, XTO, Banks-Bakken, 8 wells on an existing 1280-acre unit, McKenzie, Williams
18709, XTO, Little Knife-Bakken, 8 wells on an existing 1280-acre unit, Dunn
18710, XTO, Charlson-Bakken, 8 wells on an existing 1280-acre unit, Williams, McKenzie
18711, XTO, Lost Bridge-Bakken, 8 wells on several existing 1280-acre units, Dunn
18515, cont'd
18712 - 18716, Newfield, pooling
17036, cont'd
18289, cont'd
18717 - 18724, Baytex, pooling
18725, Baytex, risk penalty legalese, Skabo-Bakken, Divide
17883, cont'd
17884, cont'd
17885, cont'd
18726, CLR, poolin, East Fork-Bakken, Williams
18727, CLR, risk penalty legalese, Crazy Man Creek-Bakken, Willimas
18728, CLR, Hebron-Bakken, 7 wells on an existing 1280-acre unit, Williams
18508, cont'd
18729, Denbury, risk penalty legalese, Siverston-Bakken, McKenzie
18730, Denbury, risk penalty legalese, Siverston-Bakken, McKenzie
18731, Triangle, pooling
18732, Triangle, risk penalty legalese, Otter-Bakken, Williams
18733, Triangle, risk penalty legalese, Ellsworth-Bakken, McKenzie
18734, Triangle, Ellsworth-Bakken, 8 wells on an existing 1280-acre unit, McKenzie
18735 - 18739, Zenergy, pooling
18740, Citation 2002, pooling
18741 - 18745, GMXR, pooling
18746 - 18780, EOG, pooling
18781, EOG, Squaw Creek-Bakken, 3 wells on each existing 320-acre unit; McKenzie
18555, cont'd
18782, Slawson, risk penalty legalese, North Tobacco Garden-Bakken, McKenzie
18783, Slawson, risk penalty legalese, field to be determined, McKenzie
18784, WPX, Missouri Basin, SWD, Gooseneck Field, Divide
18785, WPX, Squaw Creek-Bakken, 8 wells on an existing 1280-acre unit, McKenzie
18542, cont'd
18543, cont'd
18108, cont'd

POSTED BUT NOT PROOFREAD

I assume there are typographical errors.

Friday Morning Energy Links; Huge Error at "The Street";

Disclaimer: this is not an investment site. Links are provided to stories to inform, educate, and entertain, not necessarily in that order.

RBN Energy: Isaac hit oil harder than natural gas.

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

This is a great link (despite the huge error), by-line, Williston, ND: oil industry's biggest winners? pipeline builders?

A daylong tour of North Dakota's Bakken oil shale region, the nation's fastest-growing oil field, makes it obvious that the greatest need here is for infrastructure of all kinds, but especially for pipelines to transport crude oil to refineries.

North Dakota, now the nation's fourth-largest onshore oil producer, is on pace to double its oil production by 2015 to more than 1 million barrels a day, which will soon vault it up those rankings and close to the leader, Texas.

Currently, about a quarter of North Dakota's daily oil production is shipped by rail, according to the state-run North Dakota Pipeline Authority. Truck hauling follows in terms of volume shipped, but that means oil is hauled great distances out of the region to rail service, where it is sent to Gulf Coast refineries.

Fourth-largest? When was this article written? And folks take investment advice from these folks?

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

CLR ahead of schedule to triple production -- Mike Filloon.

Bakken buyout candidates for rest of 2012: OAS and KOG -- Mike Filloon. My thoughts: nope.

The rise of the Three Forks -- Motley Fool.

Bakken activity continues to heat up -- Motley Fool.

QEP Management Resources shares Bakken M&A insights -- SeekingAlpha.

KOG is no bear -- Motley Fool.

Is NOG a buy? -- Motley Fool.