Article

2013-03-26 Economy

Bakken Oil Patch May Be Much Bigger - Peecock

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Posted by Hupenter Grereck6349 2013-03-26 00:00|| || Front Page|| [11128 views ] Top

#1 He said most of the new wells drilled in the region over the last two years have only sustained current rates of production.

Or said another way, they are going after the easiest stuff first.

Posted by SteveS 2013-03-26 00:47|| 2013-03-26 00:47|| Front Page Top

#2 On one hand I see a developing oil and natural gas energy boom. On the other hand I see an administration hell bent on suppressing the boom and economic upturn. You don't suppose the political timing of the 2014 and 2016 elections could be a factor ?

Posted by Besoeker 2013-03-26 01:43|| 2013-03-26 01:43|| Front Page Top

#3 Meanwhile, FAST-N-FURIOUS = VIN DIESEL Fans, over by the Falklands ways ...

* BHARAT RAKSHAK > [Washington Times] CHINA GETS A JUMP ON BRAZIL'S OIL.

CNOOC signs a major M-A-J-O-R DEAL wid NEXXEN + Brasilia' = Brazil's Govt.

While US Bammer Admin + GOP-DEM Politicos + Enviros squabble both widin + widout over proposed domestic pipeline projects, China's state oil is busy signing big Oil-Gas = Energy Dev deals all around the world.

Posted by JosephMendiola 2013-03-26 02:22|| 2013-03-26 02:22|| Front Page Top

#4 Couldn't have happened to a nicer state or to nicer people. My ND friend told me last week Quik-Trip, a convenience store chain, has started selling natural gas at one of its filling stations in eastern ND. Natural gas for autos is selling there for the equivalent of $1.59/gallon gas.

Posted by Anguper Hupomosing9418 2013-03-26 09:35|| 2013-03-26 09:35|| Front Page Top

#5 Obama: "By executive order I now establish Bakken National Park"

Posted by Frank G 2013-03-26 09:53|| 2013-03-26 09:53|| Front Page Top

#6 All well and good, but I'd like to see Glenmore speak on the depletion rate/well and if that might be a limiting factor to investment.

Still hell Yeah!

Posted by Shipman 2013-03-26 17:15|| 2013-03-26 17:15|| Front Page Top

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