More oil in ND

LDJones

LDJones

Touchdown! Greaser!
Gone West
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Sep 6, 2011
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Twin Cities, MN
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Jonesy
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KMSP / KFCM / KSGS
One of my current students started a company to serve the drilling industry working up on the Bakken reserves in western North Dakota. He's been driving back and forth from Minnesota with some of his employees and wants to be able to eventually fly back in forth (three hours instead of nine hours!.)

He told me today that in the last two weeks one company punched through to a new, unexplored third layer within the reserves and it produced such a gusher they didn't even bother to drill horizontally like they do with most of the wells. It's already producing 2,400 barrels a day. They're now re-evaluating the estimated reserves for the Bakken upward significantly.

Every little bit helps.
 
LDJones said:
One of my current students started a company to serve the drilling industry working up on the Bakken reserves in western North Dakota. He's been driving back and forth from Minnesota with some of his employees and wants to be able to eventually fly back in forth (three hours instead of nine hours!.)

He told me today that in the last two weeks one company punched through to a new, unexplored third layer within the reserves and it produced such a gusher they didn't even bother to drill horizontally like they do with most of the wells. It's already producing 2,400 barrels a day. They're now re-evaluating the estimated reserves for the Bakken upward significantly.

Every little bit helps.
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But, but, but...........:D
 
Yup, I know people commuting from the deep south to ND to work.

If anyone want's to run a trucking company in ND, PM me.
 
Dean V said:
Now if we had a law that says what is produced in the US must be refined sold in the US it might lower our energy costs.
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No, it wouldn't. It's a global market and we do not produce more than what we consume.
 
A niece of ours graduated with a chemical engineering degree last year and managed to get hired with Schlumberger. One of the places they said she was likely to be sent after training was Williston ND. Except for the fact that the oil boom has allegedly pretty much sucked up most or all the places to stay in that area.

I've read elsewhere that various logistical problems beyond housing (like transporting the oil) are likely to slow exploitation until they can catch up, which will take a few years.
 
LDJones said:
One of my current students started a company to serve the drilling industry working up on the Bakken reserves in western North Dakota. He's been driving back and forth from Minnesota with some of his employees and wants to be able to eventually fly back in forth (three hours instead of nine hours!.)

He told me today that in the last two weeks one company punched through to a new, unexplored third layer within the reserves and it produced such a gusher they didn't even bother to drill horizontally like they do with most of the wells. It's already producing 2,400 barrels a day. They're now re-evaluating the estimated reserves for the Bakken upward significantly.

Every little bit helps.
Click to expand...

Probably a related news story:
http://www.startribune.com/local/206125111.html

EDIT: Actually this next link appears to a February story that may be one of the reasons for the more recent story above; about a 5,000 barrel a day gusher:
http://bismarcktribune.com/bakken/o...cle_0b25e29e-7ad6-11e2-bcb7-001a4bcf887a.html
 
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Jim Logajan said:
A niece of ours graduated with a chemical engineering degree last year and managed to get hired with Schlumberger. One of the places they said she was likely to be sent after training was Williston ND. Except for the fact that the oil boom has allegedly pretty much sucked up most or all the places to stay in that area.

I've read elsewhere that various logistical problems beyond housing (like transporting the oil) are likely to slow exploitation until they can catch up, which will take a few years.
Click to expand...

It's the wild, Wild West out there. Tough on the locals, but the state's economy is doing well.
 
Now if the Keystone pipeline would be approved we can move the oil to the refineries. :mad2:
 
Geico266 said:
Now if the Keystone pipeline would be approved we can move the oil to the refineries. :mad2:
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Yep.lots of outside interests on that one. I aw protest signs against the Keystone in Ithaca, NY. They aren't too close to NE. I can live with the new routing.
 
Geico266 said:
Now if the Keystone pipeline would be approved we can move the oil to the refineries. :mad2:
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The railroads are picking up the slack and transporting crude to places pipelines can't or don't go. Lots of trains headed to east coast refineries.
 
Norman said:
The railroads are picking up the slack and transporting crude to places pipelines can't or don't go. Lots of trains headed to east coast refineries.
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True, but pipelines are much more efficient, and safer.
 
Dean V said:
The keystone pipe line is to deliver the oil to a warm water port for export. The US in the short future will be an oil exporter with few refineries.
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Which is the result of a permitting process that includes the wellbeing of the polar ground-squirrel into the environmental impact statement for a refinery in alabama (which in turn allows multiple alphabet groups with their lawsuits to drag it out for 10 years or more).
 
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