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Don’t Miss Your Chance To Register: 1 Week To Go

In just under a weeks time key stakeholders from the Bakken and beyond will come together at the Renaissance Denver Hotel for the Bakken Artificial Lift & Production Optimization 2014 Congress.

Featuring a totally revamped agenda for 2014, the event this year will present 20+ brand new case studies based on work done in the last year. Speakers will be examining technical solutions for reducing failure rates, maximizing productivity & improving run times by optimizing artificial lift design & chemical treatments for Bakken wells & overcoming challenges relating to gas gathering, utilization and choke management.

In addition to the wealth of daily registrations Schlumberger have been confirmed as a Partner For ESP Systems.

Day 1 will feature spotlight sessions on each type of artificial lift technique that is having success in the Bakken, including rod pumps, gas lift, ESPs and jet pumps and explain how they can be used to maximize the productivity in the play. It will also examine how the latest chemical treatments are being applied to mitigate corrosion in both downhole and surface equipment to reduce failure rates.

Day 2 will then provide detailed solutions for electricity to power artificial lift, gas utilization, EOR, choke management, flaring reduction and gas gathering.

Snapshot Of The Room
ConocoPhillips – Continental Resources – Oasis Petroleum – Triangle Petroleum – Kodiak Oil & Gas – Liberty Resources – WPX Energy – Anadarko Petroleum Corporation – XTO Energy – Hess Corporation – Whiting petroleum – SM Energy – CSL Energy – Sinclair Oil & Gas Company – Schlumberger – Marathon Oil – Legacy Reserves – Hunt Oil Company – Baker Hughes – Evolution Petroleum – Summit Midstream Partners LP – Cameron – Aggreko – Halliburton Artificial Lift – Accelerated – NOV Tuboscope – NovoMet – Versa Energy – TTS Drilling Solutions – Thru Tubing Solutions – Lufkin Automation – BP America – Petro-Hunt – Tenaris – Weatherford International – Harbison-Fischer – Compressco Partners – DistributionNOW  – Master Flo Chokes – GE Oil & Gas – Mesa Solutions – Flatirons Field Services LLC – Zavanna Energy – Cornerstone Natural Resources – IHS – Canadian Advanced ESP – Norris/AOT & Dover Artificial Lift – Cornerstone Natural Resources – Sempra U.S. Gas and Power – QEP Energy  – Quinn Pumps North – Dakota – Greenlight Capital – Well Control Technologies Inc – Fidelity – Penn State Marcellus Center For Outreach and Research and many more.

If you have any questions related to the congress, group registration discounts, or sponsorship and exhibitor opportunities, please contact the team on: (1) 800 721 3915 or info@american-business-conferences.com

I look forward to welcoming you to Denver next week.

Kind Regards,

Jane Thomas
Director
American Business Conferences

T: (1) 800 721 3915
E: info@american-business-conferences.com

*Terms & conditions apply. Group discounts valid for new registrations only.

BISMARCK, N.D. – The petroleum industry, the state and communities will come together on Wednesday, June 25 in Tioga, N.D., to celebrate North Dakota’s climb to one million barrels of oil production per day and to show appreciation for the many hard-working men and women who have supported western communities and the industry during the past decade of growth.

The celebration will include remarks from Gov. Jack Dalrymple, Ron Ness, president of the NDPC and Kathy Neset, president of Neset Consulting Service, which is hosting the event at their location. Speakers, a mini museum and tours to the first oil well will highlight North Dakota’s oil and gas history, as well as the state’s role as a top producer of energy for the world and its positive influence on national security.

“We are thrilled to be hosting this celebration and to recognize this remarkable milestone,” said Neset. “One million barrels per day is an impressive level of production. The Bakken – along with other oil resources around the country – have lifted the United States to a more secure level on the global stage of security and independence by providing a safe and reliable source of energy for our country.”

What: One Million Barrels – One Million Thanks Celebration

Where: Neset Consulting Service, 6844 Highway 40, Tioga, ND
When: Wednesday, June 25, 2014
11 a.m. Welcome – Ron Ness, NDPC
North Dakota Governor Jack Dalrymple
11:15 a.m. Kathy Neset, Neset Consulting Service
11 a.m. – 3 p.m. ND Oil & Gas Industry Mini-Museum Open
11:30 a.m. Ribbon cutting, airshow and flyby by the Texas Flying Legends
12-2 p.m. Community BBQ
12 – 3 p.m. Bus tours to Clarence Iverson No. 1 Well
12 – 3 p.m. Air tours of the Tioga area
12 – 3 p.m. Live music by the Tin Star Band

More Info: The event is free and open to the public and media. Parking and shuttle services will be available at the Tioga Farm Festival Building. For more information about the celebration, visit www.ndoil.org/events.

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Million-Barrels-Infographic
North Dakota is now member of an exclusive group, placing it among world leaders of energy production

BISMARCK, N.D. – Ron Ness, president of the North Dakota Petroleum Council (NDPC), welcomed today’s Director’s Cut report announcing North Dakota has surpassed 1 million barrels of crude oil production per day.

“This is a significant milestone that few countries and even fewer states have ever reached, underscoring the influence North Dakota has in enhancing our national security and our state and national economies,” said Ness. “Until April, only Texas, one Canadian province and 19 countries were producing 1 million barrels per day, putting North Dakota among the top oil producers in the entire world.”

Daily production of one million barrels per day is significant because it is a level only four other states – Alaska, California, Louisiana and Texas – have ever reached and until April, only Texas has maintained that level or above in the United States. In addition:

· Only one Canadian province – Alberta – and 22 countries have ever produced 1 million barrels per day. Today, Alberta and just 19 countries continue to meet or exceed that level of production.
· The Bakken has become the 10th oilfield in the world’s history to ever reach 1 million barrels of production per day. The oilfields include the Ghawar in Saudi Arabia, Burgan in Kuwait, Cantarell in Mexico, Daqing in China, Samotlor in Russia, Kirkuk in Iraq, Prudhoe Bay in Alaska, and the Eagle Ford and Permian in Texas.
· One million barrels per day is the equivalent of about 75 percent of our nation’s average daily imports from Saudi Arabia.
· Since 2006 when North Dakota’s first Bakken well was drilled, U.S. reliance on oil imports has dropped 18.5 percent.

“The Bakken is undisputedly a world-class resource that is providing a secure and reliable energy source for our nation,” said Ness. “While many of these oil resources have been producing for decades, the Bakken is a modern, technology-driven field that produces a significant amount of oil through horizontal drilling while reducing impacts on the surface allowing continued use for agriculture, community development, or wildlife and habitats.”

In addition to benefitting our national security, 1 million barrels of production per day also has positive benefits for the state and national economies and job growth, said Ness.

One million barrels is estimated to generate $50 million per day in economic activity and will contribute more than $11 million per day at the current oil price for a Bakken sweet crude barrel. Once refined, 1 million barrels of oil is enough to fuel more than 48,200 cars with gasoline and over that many vehicles with diesel.

“North Dakota’s oil and gas industry has been a boon to the state’s economy,” said Ness. “Drilling is expected to at least 14 to 17 more years, if not more with technological advancements, resulting in several more decades of production and economic stability and longevity that will allow our state to invest in its people and communities for many, many years to come.”

To recognize this milestone that has come as a result of the many hard-working men and women who are living, working and investing in our strong and growing communities, the NDPC will host a “One Million Barrels – One Million Thanks” Celebration on June 25 in Tioga. The celebration will be free and open to the public and will include a BBQ, talks from state and industry leaders, tours of the Clarence Iverson No. 1 well, a mini museum, aerial tours of the Tioga area, and an airshow by the Texas Flying Legends. For more information about the event, visit www.ndoil.org/events.

Since 1952, the Petroleum Council has been the primary voice of the oil and gas industry in North Dakota. The Petroleum Council represents more than 500 companies involved in all aspects of the oil and gas industry, including oil and gas production, refining, pipeline, mineral leasing, consulting, legal work, and oil field service activities in North Dakota, South Dakota, and the Rocky Mountain Region. For more information, go to www.ndoil.org.

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NDGovernorsPipelineSummit_logo_FINALGovernor’s Pipeline Summit

The North Dakota Governor’s Pipeline Summit will take place the morning of Tuesday, June 24, at the National Energy Center of Excellence, located at 1200 Schafer Street on the Bismarck State College campus.

View a Tentative Agenda for the Governor’s Pipeline Summit.

Pipeline industry leaders will be on hand to talk about their investments in building the state’s pipeline infrastructure to help reduce impacts in North Dakota’s oil country. Pipelines provide great opportunity for helping to:

  • reduce impact to roads and highways,
  • increase safety both on roads and product handling,
  • and provide reliable and efficient routes to key market destinations.

There is no cost to attend the summit. If you plan to attend, please take a moment to pre-register now. On-site registration the day of the event will also be available.

For those unable to attend in person, the summit will be available via video stream at www.governor.nd.gov.

Register for the 2014 Governor’s Pipeline Summit

Wind River Hotel and Casino Ad Banenr

Press Release – June 12, 2014

With insurgents having overrun Mosul and now heading toward Baghdad, virtually all of the media focus has been on the military aspects of this conflict as well as a possible alliance between Iraq, Iran, and Syria.

Lost in the shuffle has been the “fear factor” building into the world price for crude oil. This may very well happen to oil prices should the ruling government in Iraq be toppled, or if the conflict turns into a civil war.

Already the price of oil has spiked in the past two days with tensions escalating and may very well drive the price for a barrel of oil oil up another $10 a barrel.

The US has the means to insulate itself against such price spikes: Thanks to the unending supplies of oil and natural gas unlocked by frac’ing, we can free ourselves of our dependence on imports from volatile North Africa and Middle East regions.

These price spikes almost immediately will translate into higher prices for gasoline and diesel at the pump. In an market such as this “Prices shoot up like a rocket and drift back down like a feather”.

Let me know if you are interested in speaking with me.

Bob van der Valk
Senior Editor
Bakken Oil Business Journal
406.853.4251
editor@bakkenoilbiz.com

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The Williston Basin Chapter of the American Petroleum Institute (Williston API) has established endowed scholarships at Montana Tech of the University of Montana and the University of North Dakota.

The Williston API is a nonprofit organization comprised of service oriented individuals who serve the local oil and gas industry, as well as the surrounding community. Our members are dedicated to providing a forum for the discussion of energy related issues and promoting improvement of the energy industry through education and community action.

Williston API members are committed to develop and adhere to the highest level industry standards, protect the environment, and lead in health and safety performance. The Williston API raises funds for scholarships, promotes education, and makes an impact in the community where we live and work.

In 2008, the organization established the Williston API Scholarship program at Montana Tech offering two $2,000 scholarships annually to support one junior and one senior in the Petroleum Engineering Program. The scholarships are part of a continued effort to meet the increasing demand for a skilled workforce in the growing oil and gas industry in the Williston Basin.

The University of North Dakota (UND) has recently established the Department of Petroleum Engineering and the Harold Hamm School of Geology and Geological Engineering in the College of Engineering and Mines offering for the first time a petroleum engineering degree program.

The Education and Scholarship Committee presented a proposal to the board of directors and subsequently to the membership to establish a similar scholarship program at UND as the one at Montana Tech. Ultimately the decision was made to establish the Williston API Endowed Scholarship at UND and fund two $2,000 scholarships to be awarded annually for Petroleum Engineering. Additionally, the chapter also established the Williston API Endowment to fund the scholarships at Montana Tech.

“The education and scholarship committee and our board of directors presented the endowment proposal to our members and they voted with great enthusiasm to establish these endowed scholarships,” commented Ken Callahan, president of the Williston API Board of Directors. “The endowments will enable these scholarships to be funded in perpetuity and our members see this as an investment in our future and a legacy of our chapter.”

“This was a record year for Montana Tech with 405 students enrolled in Petroleum Engineering,” explained Luke Meyer with the Montana Tech Foundation. “We are truly pleased to see the Williston API strengthen their commitment to the program by now creating an endowment for their scholarships that were established in 2008.”

“This represents the very first endowed scholarship for our relatively young Petroleum Engineering program which now has over 200 students in its fourth year in existence,” stated Dan Muus, Chief Development Officer, UND Alumni Association & Foundation. “We are excited to have this ongoing support for our students from the Williston Basin API chapter. UND students graduating with degrees from the Harold Hamm School of Geology and Geological Engineering and the Petroleum Engineering department today, will be leaders within the industry for decades to come.”

Contribution Challenge
The endowments have been initially funded with $25,000 to each institution and will only partially fund the annual scholarships. The Williston API will continue to fund the balance of the scholarships until the endowments are fully funded, approximately $50,000 each. The chapter plans to make future contributions as finances allow and as approved by the membership.

The Williston API education and scholarship committee along with the board of directors would like to challenge and encourage its members and their companies to join in the effort to support the future of our industry by making additional contributions to the endowments. Contributions may be made to either or both endowments by contacting the foundations directly. More information is available at the chapter website at www.WillistonAPI.com.

Brent Eslinger, Sr. District Manager for Halliburton and past president of the Williston API added “This is an outstanding achievement for the Williston API Chapter and its members. It is an opportunity for our industry and our chapter members to give back to our community and prepare our youth for success.” He added “This next step of an endowed scholarship will become a standing legacy for the API chapter.”

“I am proud of our organization and the commitment our members have made to this effort,” stated Kathleen Neset, president of Neset Consulting, past board member of the Williston API, and member of the Education and Scholarship Committee. “I for one would like to encourage other companies to support this initiative and I look forward to fully funding these endowments in the near future.”

Companies and individuals interested in contributing to either or both of the endowments can find more information on the chapter website at www.WillistonAPI.com.

Contact
Williston Basin Chapter API
Ken Callahan, President
701-770-5030
Ken.Callahan@mdu.com

Bakken-sky-on-fire-2013North Dakota Director’s Cut Newsletter May 13, 2014

Lynn Helms – NDIC Department of Mineral Resources

Mar 2014 Crude Oil Month 30,288,575 barrels = 977,051 barrels/day – new all-time high

914,003 barrels per day or 94% from Bakken and Three Forks

63,048 barrels per day or   6% from legacy conventional pools

Feb 2014 Oil       26,657,540 barrels = 952,055 barrels/day

Feb Gas   29,793,672 MCF = 1,064,060 MCF/day

Mar Gas    33,671,853 MCF = 1,086,189 MCF/day new all-time high

 

Feb Producing Wells = 10,199

Mar Producing Wells = 10,457 new all-time high

7,194 Wells or 69% are now unconventional Bakken – Three forks wells 3,263 wells or 31% produce from legacy conventional pools

 

Feb Permitting: 180 drilling and 5 seismic Mar Permitting: 250 drilling and 2 seismic

Apr Permitting: 233 drilling and 0 seismic (all time high was 370 in 10/2012)

 

Feb Sweet Crude Price = $86.89/barrel Mar Sweet Crude Price = $86.72/barrel Apr  Sweet Crude Price = $85.68/barrel

Today Sweet Crude Price = $87.00/barrel (all-time high was $136.29 7/3/2008)

 

Feb rig count 189 Mar rig count 193 Apr rig count 188

Today’s rig count is 192 (all-time high was 218 on 5/29/2012)

The statewide rig count is down 12% from the high and in the five most active counties rig count is down as follows:

McKenzie -4% (high was January 2014)

Williams -31% (high was March 2012)

Mountrail -20% (high was June 2011)

Dunn -24% (high was June 2012)

Divide -23% (high was March 2013)

Comments:

There were still approximately 50 wells shut in for the Tioga gas plant conversion in an attempt to minimize flaring, but weather still had the biggest impact on production.

March began with 2-3 days of temperatures well below zero, add to that 7-12 days with wind speeds too high for completion work, and then 8 inches of snow on the last day of the month.  In like a lion and out like a lion makes oil and gas work difficult.

Over 95% of drilling still targets the Bakken and Three Forks formations.

At the end of March there were about 635 wells waiting on completion services, a decrease of 15.

The drilling rig count was up slightly from February to March and back down from March to April. The number of well completions was up sharply from 70 to 200. Investor confidence remains strong.

Crude oil take away capacity is expected to remain adequate as long as rail deliveries to coastal refineries keep growing.

Rig count in the Williston basin is increasing slowly.  Utilization rate for rigs capable of 20,000+ feet remains above 90% and for shallow well rigs (7,000 feet or less) about 60%.

Drilling permit activity returned to normal levels in Mar and April as operators start planning their summer programs.

The number of rigs actively drilling on federal surface in the Dakota Prairie Grasslands is unchanged at 1.

Activity on the Fort Berthold Reservation is as follows 24 drilling rigs (9 on fee lands and 15 on trust lands)

300,770 barrels of oil per day (92,500 from trust lands & 187,315 from fee lands) 1,174 active wells (748 on trust lands & 426 on fee lands)

156 wells waiting on completion

310 approved drilling permits (292 on trust lands & 18 on fee lands)

2,195 additional potential future wells (1,520 on trust lands & 675 on fee lands)

Seismic activity is steady 4 surveys active/recording, 3 remediation, 1 suspended, and 2 permitted.  There are now 4 buried arrays in North Dakota for monitoring and optimizing hydraulic fracturing.

North Dakota leasing activity is very low, consisting mostly of renewals and top leases in the Bakken – Three Forks area.

US natural gas storage is now 48% below the five-year average indicating increasing prices in the foreseeable future. North Dakota shallow gas exploration may be economic at future gas prices.

The price of natural gas delivered to Northern Border at Watford City is up $0.15 to

$4.29/MCF.  This results in a current oil to gas price ratio of 20:1. The percentage of gas flared dropped to 33% largely due to the beginning stages of starting the new Tioga gas plant.  The historical high was 36% in 09/2011.

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Listen to what Mr. Hannity had to say about energy and North Dakota by viewing the clip here. Then, be sure to attend WBPC on May 22 to hear his thoughts first hand!

‘Energy Is Our Answer’: Hannity on ‘Get America Back to Work’ Campaign

Sean Hannity was on “America’s News Headquarters” today to discuss his “Get America Back to Work” campaign, where he teams up with companies in oil-rich states to get Americans employed.

A few years ago on his radio show, Hannity said that if he was unemployed, he would pack his bags and go to North Dakota, where he would beg an oil executive to hire him.

His message spread, months went by, and Hannity said he got about 20 calls from people who said they took his advice, moved to North Dakota, found jobs, paid off debt, bought houses and more.

That’s when Hannity and his team began to approach companies in North Dakota, Louisiana and Texas in order to get Americans back to work.

“Energy is our answer – it could literally transform the American economy […] it is the single greatest resource we have,” he said, stressing that he has been “blessed beyond measure” and that it kills him to see the middle class being held hostage.

“I identify with them because that’s where I came from,” he said of America’s middle class.

“People are suffering needlessly and government policies are literally an impediment to their life, their success, their opportunity to buy a nice house in a safe neighborhood, get a nice car, send their kids to a nice school. All of this is government getting in the way. I say bypass ‘em, they’re all a bunch of idiots,” he said.

 

A few days before the latest Big Sky Honor Flight took off for Washington, DC, Roland Engdahl was in the emergency room.  Being part of the Big Sky Honor Flight to view the WWII Memorial was his last wish, but they never thought he would make it.  Well, he did, and his grandkids travelled from across the country to meet him in Washington, DC.

I was there for the trip and saw the grandkids’ salute first hand. Click below for the full story.

Aaron Flint is the host of the popular statewide talk radio show “Voices of Montana.” In addition, he serves as the editor of the daily online news and commentary blog “The Flint Report,” recognized by The Washington Post as “one of the best state-based political blogs.” Aaron has also been listed by The Washington Post as one of the best state based political reporters. His work has been featured nationally by the Fox Business Network, The Drudge Report, Huffington Post, Politico and others.

He has deep Montana roots, since his father’s family homesteaded near Flathead Lake, and his mother’s family goes back four generations in Glasgow. While in fourth grade Aaron recalls stuffing newspapers for The Glasgow Courier, which for years was published and edited by his grandparents, Ron and Joan Helland.

As an officer in Montana’s Army National Guard, Aaron served three military tours overseas, in 2005-06 as an Infantry Platoon Leader in Ramadi, Iraq, and later in 2008-09 as an embedded advisor with the Afghan National Police at COP Wilderness in Afghanistan. Most recently, he deployed to the Horn of Africa.

Flint’s journalistic experience began as a journalism student at Howard University. He later received a BA degree in Broadcast Journalism from the University of Montana where he served as President of the Associated Students. He also worked for two years as a Policy Advisor on the Washington staff of U.S. Senator Conrad Burns. Flint’s broadcast career includes work with Montana Public Radio, a runner for the NBC News “Today” show at the 2004 National Political Conventions, an internship with Bloomberg TV and Radio in Washington, DC, and as Executive Producer and Reporter with KTVQ-2 Television (CBS) in Billings.

Flint enjoys combining his real world background and Montana roots, with a love for journalism, saying, “Every day, I hope to take a wide range of experiences to show audiences the bigger picture, or to give them a side of the story they won’t get anywhere else”.

Aaron and his wife Jessica have two young boys, and a baby girl born during his recent deployment overseas.

John Driscoll in running for the US House of Representatives for Montana and recently visited with the Bakken Oil Business Senior Editor to share his views on the future for energy in the Big Sky State.

He said he was surprised and delighted to discover crude oil is being shipped from the Bakken by rail to the Columbia River, and then transported by ship to West Coast refineries in California.  It has effectually displaced crude oil which would otherwise have to be imported from Saudi Arabia and other regions in the Middle East and North Africa.

BOBJ Pentagon 9-11 attach diagramHe was posted at the Pentagon and serving his third and final tour of duty as a US Army Colonel, working as a Joint Staff Officer for the Chairman of the Joint Chiefs of Staff, during the 9-11 terrorist attacks.  A few days afterwards he noted on a post incident survey required of those receiving combat pay:  “I was standing just an estimated 100 feet in front of the American Airlines Flight 77 plane after it came to rest in the depths of the building.   On the first deck, a few feet to the right of Corridor 4, I later observed a 20-foot hole blasted through the inner wall of the C Ring, just a few feet from where I was nearly knocked off my feet on the first deck in Corridor 4 at the B Ring.”

He further stated it was a close call and after over 12 years it’s hard to forget 19 out of 20 terrorists were Saudi nationals who hijacked and flew our planes into the World Trade Center, the Pentagon and into a field near Shanksville, Pennsylvania.

He encourages President Obama to approve the Keystone XL pipeline to help address a complex set of challenges we will face in meeting our national energy requirements.  There is need to work together in order to be able to minimize the human, environmental and financial costs of getting the US onto a more secure source of crude oil.

He pointed out there is a need to move quickly beyond the Keystone XL pipeline decision and make plans to build another pipeline, crossing the US-Canadian Border at Sunburst, Montana, upgrading north of the Marias River, accepting Bakken from along the alternate (Tioga) route, proposed by the State of Montana and BLM for the Northern Tier Pipeline, and flowing down the CANAMEX (I-15) corridor to West Coast refineries.

Montanans are capable protectors of Montana’s environment and will bring their environmental stewardship and our personal individual rights to a clean and healthful environment in solving the problems certain to be identified.  This will aid the safer, more efficient and environmentally benign transport of crude oil via pipeline.

His focus will be to encourage efficient development, distribution and use of fossil fuel energy, as the transition to alternate energy resources.

This will assist in freeing up national capital from supporting forward deployment of US military forces to countries with governments hostile to the US.  Private capital can accelerate changing over thermoelectric plants to above 50% conversion efficiency, since they will still have to rely on base-load coal for the intermediate term. Wind, hydro and natural gas energy will have to be integrated on a situational basis as well.

Over the long run the US needs aim toward a robust electricity infrastructure of upgraded transmission lines, including more outside linemen, and high speed electric passenger rail along our Interstate highways, integrated with plug-in hybrid and electric motor vehicles.