Week 32: August 5, 2018 -- August 11, 2018

Week 32: August 5, 2018 -- August 11, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Week 32: August 5, 2018 -- August 11, 2018, 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 32: August 5, 2018 -- August 11, 2018
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Week 32: August 5, 2018 -- August 11, 2018

Internationally:
Venezuela's situation gets worse; CITGO target of country's creditors
Turkey: about ready to implode; join the list of failed nations
Mexico bans fracking
Great Britain: might actually allow a second well to be fracked; whoo-hoo! Made international news; North Dakota fracks that many wells before daybreak -- every day...
Canada: apparently can't get anything right; now in huge spat with Saudi Arabia
Saudi Arabia can't get its story straight: no one knows if it's producing more oil, less oil, rattles the market; also, here; and, here; and, here;
US: 2018 weekly gasoline demand trailing demand a year earlier (2017)
The race is on: Texas vs Saudi Arabia
Permian continues to pose a problem for operators
US remains the natural gas king
 
For the archives:
EIA updates costs of new construction, renewable energy vs natural gas energy plants
30-year anniversary: global warming predictions; way off the mark
Eagle Ford: USGS 2018 survey 

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The Bakken

Geoff Simon's top North Dakota energy stories this week: link here.

Operations
EOG well, only five years old, goes over one million bbls
Another EOG well -- this one ten years old -- goes over one million bbls

CLR reports a huge Vardon well, 161K in four months; looks like it will be the first of many huge Vardon wells;
MRO continues to report incredible wells;
BR reporting some huge Midnight Run wells; and, here;
Newfield reporting huge Sorenson wells;
Fourteen DUCs reported as completed; some huge wells
Twenty-five permits renewed on one day; same day WTI plunges 4%
Whiting with permits for an 8-well pad in Tier 2

Pipelines
Early talk that DAPL could be expanded

Natural gas
Natural gas expansion project proposed for the Roosevelt Gas Plant near Watford City; would quadruple daily throughput; US natural gas production will rise to record highs in 2018;

Bakken economy
Parshall school district filling twelve teaching positions


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