Mountrail county is the new Manhattan (well not exactly)

Posted by bakkenexpert

Looking at yesterday’s North Dakota daily permit roundup below and data over the last few weeks, it looks like the activity in MountRail county is really heating up for the big boys including EOG, CLR, WLL & HESS. There is a lot of press lately on how farmers are turning into millionaires and there is an abundance of supporting development in the planning stages for the region. There is some speculation that this area could yield higher per capita incomes than New York, Connecticut and the DC suburbs in the next 10 years. The real winner could be the economy of North Dakota and surrounding regions as the planning for infrastructure (and accompanying jobs) is already speeding up. Earlier this month, wheels were set in motion for a pipeline project to handle the increased output of the region. Enbridge Pipeline is proposing a $120-million project to add more oil from western North Dakota and Eastern Montana as well as an upgrade to 11 pumping stations in North Dakota along an existing pipeline that runs from northwestern North Dakota to Clearbrook, Minnesota. If successful, the project would increase the pipeline capacity by almost 50% to 161,600 barrels a day. It is about time North Dakota had its time to shine in the domestic spotlight.

PERMIT LIST
#17408 – HESS CORPORATION, RS-J NELSON-156-91- 0708H-1, LOT 1 7-156N-91W, MOUNTRAIL CO.,
300′ FNL and 210′ FWL, DEVELOPMENT, ROSS, ‘Tight Hole’, 2307′ Ground, API #33-061-00786,
(Approved: 6/23/2008)
#17409 – EOG RESOURCES, INC., BURKE 21-30H, SESE 30-155N-90W, MOUNTRAIL CO., 200′ FSL and
275′ FEL, DEVELOPMENT, STANLEY, 14913′, 9-5/8 ” – 2030′, 2299′ Ground, API #33-061-00787,
(Approved: 6/23/2008)
#17410 – EOG RESOURCES, INC., BURKE 3-16H, NWNW 16-155N-90W, MOUNTRAIL CO., 400′ FNL and
400′ FWL, EXTENSION, STANLEY, ‘Tight Hole’, 2300′ Ground, API #33-061-00788, (Approved:
6/23/2008)
#17411 – CONTINENTAL RESOURCES, INC., LORIN 1-5H, SESW 5-145N-96W, DUNN CO., 150′ FSL and
1320′ FWL, DEVELOPMENT, JIM CREEK, ‘Tight Hole’, 2552′ Ground, API #33-025-00790,
(Approved: 6/23/2008)

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Tags: CLR EOG hess pipeline