Wednesday, July 24, 2013

Fracking Phobias -- The Motley Fool

A reader sent this link/story -- thank you.

The information in the Motley Fool story has been previously reported at the blog, but this is the first time the two stories appear together, coherently. Very, very nice to see.

As often noted, I generally don't care for superficiality of Motley Fool stories, but this one is a good one. A big "thank you" to the reader for sending it to me. From the linked article:
Yet oil and gas industry services specialist Nuverra Environmental Solutions has been telling anyone who will listen that fracking doesn't cause groundwater pollution. The company, which was previously known as Heckmann and is the leading supplier of water to the oil and gas industry, says fracking occurs 10,000 feet below the surface -- and water seeps down, not up, so the probability that it is responsible for the polluted water supplies is negligible.
The DOE study, which injected tracer chemicals into the fracking fluids so they could follow them, confirmed that. It injected the fluids some 8,000 feet below the surface and then monitored for them at 5,000 feet. None were ever detected, meaning that groundwater -- which is typically situated around 500 feet below the surface -- was about a mile away from any potential contamination. 
No doubt those conclusions are behind the EPA's decision to drop its study of groundwater contamination in Wyoming, instead allowing the state to complete it. Originally, the study was slated to be peer reviewed, but after questions about its methodology arose, it decided to abandon it altogether.
"Water seeps up, not down." Sometimes one wonders if any of the activist environmentalists ever graduated from 8th grade, and/or understand the principle of gravity. Thank goodness hydrocarbons have their unique "fingerprints" which makes it possible to identify source of hydrocarbons. 

A Chance To See If Washington State Is Pro-Jobs

KATU is reporting:
VANCOUVER, Wash. (AP) — Port of Vancouver commissioners voted Tuesday to approve a lease for a Columbia River terminal that would take in crude oil by train from North Dakota and ship it to West Coast refineries.

About 60 people were at the port's office for the vote, which followed Monday night's public hearing, The Columbian reported.

The project will be reviewed by the state Energy Facility Site Evaluation Council, which will make a recommendation to Washington Gov. Jay Inslee for a final decision.

Port managers recommended approval of the deal with Tesoro Corp. and Savage Cos. for the economic benefits. Neighborhood and environmental groups oppose it because of safety and ecological risks.

Oil trains from the Bakken shale formation in North Dakota would run through the Columbia River Gorge and Vancouver.
My two cents worth: it was a no-brainer for the Port of Vancouver to approve it. At best, it's probably 50-50 whether the state will go along with it. But not to worry; the oil companies have plenty of alternatives. This is an opportunity for the state of Washington to let folks know whether they want the jobs, revenue, etc., or if they like the state the way it is.

[See first comment below: I mistakenly thought this port was in Oregon for some reason; I've been to Portland many times, and still don't know the geography. Thank you to the reader for catching this.]

Wells Coming Off Confidential List Thursday; KOG, EOG With Nice Wells

  • 21065, 539, KOG, Skunk Creek 9-2-3-12HS, South Fork, t3/12; cum 40K 5/13; 
  • 22689, 1.910, EOG, Wayzetta 136-2127H, Parshall, t2/13; cum 74K 5/13;
  • 23630, DRL, Statoil, Reiten 23-14 2H, Painted Woods, no data,
  • 23920, 370, Samson Resources, Border Farms 3130-4TFH, West Ambrose, t5/13; cum 11K 5/13;
  • 24034, DRL, CLR, Dover 3-30H, Dollar Joe, no data,
  • 24711, 1,322, XTO, Kulczyk 43X-17B, Alkali Creek, t6/13; cum --

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

21065, see above, KOG, Skunk Creek 9-2-3-12HS:

DateOil RunsMCF Sold
5-2013180957129
4-20139624984

22689, see above, EOG, Wayzetta 136-2127H, Parshall:

DateOil RunsMCF Sold
5-20133899210651
4-201311709676
3-2013164512944
2-201353150

23920, see above, Samson Resources, Border Farms 3130-4TFH, West Ambrose:

DateOil RunsMCF Sold
5-201395520
4-20136080

Seven (7) New Permits -- The Williston Basin, North Dakota, USA

Active rigs: 187 (steady, trending down slightly)

Seven (7) new permits --
Wells coming off the confidential list were posted earlier today; see sidebar at the right.

Six (6) producing wells were completed:
  • 24374, 1,860, KOG, P Wood 154-98-3-27-34-14H3, Truax, t6/13; cum --
  • 24376, 915, KOG, P Wood 154-98-3-27-34-15H3M, Truax, t6/13; cum --
  • 24375, 2,085, KOG, P Wood 154-98-3-27-34-15H, Truax, t6/13; cum --
  • 24649, 1,824, KOG, P Wood 154-98-3-27-34-14H, Truax, t6/13; cum --
  • 24173, 2,771, Statoil, Panzer 22-23 4H, Alger, t6/13; cum --
  • 24174, 2,004, Statoil, Panzer 22-23 3TFH, Alger, t6/13; cum --

WLL Is UP Almost 2 Percent In After-Hours Trading

WLL's 2Q13 operating and financial results.

Okay, now I'm outta here.