Week 46: November 12, 2017 -- November 18, 2017 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Week 46: November 12, 2017 -- November 18, 2017, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Week 46: November 12, 2017 -- November 18, 2017
link : Week 46: November 12, 2017 -- November 18, 2017

Week 46: November 12, 2017 -- November 18, 2017

Without question, the big story of the week is the resiliency of the Bakken. There were many, many story lines.

So, where do we stand?
North Dakota exceeded by a wide margin what the EIA forecast for monthly production, September, 2017
North Dakota crude oil production back up above 1.1 million bbls -- first time we've seen that since March, 2016 -- see chart of the day
Lynn Helms suggests production should continue to increase
there are still around 2,400 wells drilled-to-depth that are not producing: either taken off-line for operational reasons, or DUCs
one assumes another 1,000 wells are choked back -- producing less than they might if operators wanted to open the spigots
US crude oil production continues to surge despite cutback in CAPEX, rigs; 
breakeven in North Dakota is $21; some spots in the Bakken, $17
more than enough takeaway capacity
Bakken can compete with Brent worldwide
without the Keystone (currently northern leg shut down due to a leak) or Venezuela, US refiners could be scrambling for heavy oil
additional commentary here

In other energy news:
wind energy in a world of hurt
re-balancing will take longer than expected; US crude oil inventories unexpectedly increase 

Of course, the big international energy story: Prince Salman will assume the throne this next week. Also, here.

Operations:
month-over-month, Elm Tree adds the most wells, an astounding 12 new wells
three to four days to drill a well in the Bakken?
EOG: king of the hogs? -- Filloon 

Bakken 2.0
Bakken learning curve driving production 
an astounding 41 permits renewed  

Bakken economy
shooting range opens outside Williston

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Thus Article Week 46: November 12, 2017 -- November 18, 2017

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