Midstates recently entered into a PSA for the sale of all of its ownership interest in developed and undeveloped acreage, totaling 3,907 gross (3,757 net) acres in the Pine Prairie field area in Evangeline Parish, Louisiana to a private buyer for a purchase price of $170 million, subject to customary purchase price adjustments. During January 2014, the properties produced approximately 2,000 Boe per day. The transaction does not include Midstates’ acreage and production in the Dequincy area of Beauregard Parish of western Louisiana, which produced approximately 2,400 Boe per day during January 2014, or its acreage associated with the Fleetwood 3-D seismic survey
We got to 60 yesterday, the snow melted like crazy.. saw first small flock ( 20 ) Canada Geese. they wont go much farther north, cause the snow is to deep to find feed..
The water lines are freezing into home in Owatonna MN, this is approx. 60 miles north of Iowa line.. lived in MN/ND all my life never remember that before.. Up north near Bemidji where I lived the frost is down 8+ ft..
going to be a SLOW cold summer around the great lakes.. the small lakes in eastern ND got close to 5 ft of ice on them..So the Home heating bills will be high for another 6-8 weeks..and every time the wind is from the NW off the great lakes Ohio, and PA will be cold..
buit hope reins eternal, even if we are to get 2-4 inch snow tonight.. don
Todays Bismarck tribune article. don
After a deadly virus affecting pigs was found in eastern North Dakota last week, the state has enacted additional requirements to prevent its spread as livestock show season approaches.
Porcine epidemic diarrhea virus, or PEDv, was confirmed in a swine herd in the eastern part of the state on Friday.
As a precaution, all pigs entering the state, except those being slaughtered, must have an interstate certificate of veterinary inspection, said State Veterinarian Susan Keller in a statement. Each of those brought in for breeding or feeder purposes must be officially identified.
Any pigs brought into the state for a livestock show must have both a permanent and an approved official use tag.
A certificate of veterinary inspection also will be required for pigs moving within the state, except those headed for slaughter.
PEDv causes severe diarrhea, dehydration, and vomiting in pigs. In newborn piglets from herds not previously exposed to PEDv, the mortality can be as high as 100 percent.
The virus only affects pigs and is not a threat to human health or food safety.
The virus has killed more than 4 million pigs in the U.S. in less than a year. It was first found in the U.S. in April 2013. It has now spread to 25 states.
Keller cautions anyone handling pigs to follow biosecurity measures to keep the virus from spreading.
“It is vitally important that people handling swine use proper biosecurity methods such as washing boots and clothing, and washing transport equipment,” she said.
Information on PEDv and biosecurity is available on the North Dakota State University website .
North Dakota sends about 500,000 piglets to other states each year to be fattened for market.
Hare . Here is his comment about Atlas.. don
attractive. one that's not done particularly well for us but we like this whole atlas energy complex which three mlps yields about 4.5%. sells big discount what we think the asset worth. atlas yields 8.5%. and atlas production yields about 11. we like halliburton and the oil service business. one that we've liked for a couple three years, i don't think it's a today stock, but the way i like to point out to people if everything you own is in a new high list, you're a momentum player. and everything you own is low list, you're out of business. so we like to have some mixture of new highs and some on the low list. of course we like to buy when they're
I think they will make a announcement on Monday of this Sale or what they are doing.. Then MPO has tues. to just deal with the earnings or lack of earnings.. don
billion cubic feet (Bcf) Year ago
(02/28/13) 5-Year average
Region 02/28/14 02/21/14 net change implied flow (Bcf) % change (Bcf) % change
East 525 607 -82 -82 933 -43.7 895 -41.3
West 190 217 -27 -27 346 -45.1 304 -37.5
Producing 481 524 -43 -43 825 -41.7 754 -36.2
Salt 88 96 -8 -8 193 -54.4 131 -32.8
Nonsalt 393 428 -35 -35 633 -37.9 623 -36.9
Total 1,196 1,348 -152 -152 2,104 -43.2 1,954 -38.8
Working gas in storage was 1,196 Bcf as of Friday, February 28, 2014, according to EIA estimates. This represents a net decline of 152 Bcf from the previous week. Stocks were 908 Bcf less than last year at this time and 758 Bcf below the 5-year average of 1,954 Bcf. In the East Region, stocks were 370 Bcf below the 5-year average following net withdrawals of 82 Bcf. Stocks in the Producing Region were 273 Bcf below the 5-year average of 754 Bcf after a net withdrawal of 43 Bcf. Stocks in the West Region were 114 Bcf below the 5-year average after a net drawdown of 27 Bcf. At 1,196 Bcf, total working gas is below the 5-year historical range.
I believe their are many share holders underwater on this stock, and will keep selling as it goes up , holding down the price....don
article in todays Bismarck tribune. don
BISMARCK, N.D. — North Dakota's Board of Animal Health is taking steps to control the spread of a new pig virus.
The virus known as PED was confirmed in a swine herd in eastern North Dakota Friday. The virus doesn't affect people or food, but it's killed more than 4 million pigs in the U.S.
The board is now requiring any pigs shipped into the state or within the state to have a health certificate stating there have been no clinical signs of PED or a similar virus known as TGE for the last two months on the premises where the pigs originated. State Veterinarian Susan Keller says the certificate must be signed by the pig owner and a veterinarian.
North Dakota Pork Council President Kevin Tyndall says the group supports the move.
I believe is 10.65 %.. can anyone verify this??? if not correct what is the correct rate of return on mdu regulated assets?? don
( this is excerpt from previous article that talked about buffet and his hunt for power )
Alliant, which had a 10.4 percent return on equity, distributes electricity and natural gas to 1.4 million homes and businesses in Iowa, Minnesota and Wisconsin.
I am looking for charts and Numbers to show the drop in Cost on a per well basis from 1 year ago.. And improved production per well.. Give a little detail of the 1 st qtr how it is shaping up.. The NEW CEO wants to show the world how he in many ways is different the Previous CEO.
Also may have some More discussion on core area expansion, beyond Sumner county KS. don
Natural Gas Set New Records In 2013 For Both Supply And Demand
by William Pentland - Contributor
The heavily-hyped golden age of natural gas appears to have begun in earnest – at least in the United States – last year, according to new data released today by the U.S. Energy Information Administration.
The EIA’s Natural Gas Monthly (NGM) report for February contains state and national‐level estimates of natural gas volume and price data through December 2013.
In December 2013, monthly dry natural gas production reached a record high of 2,090 billion cubic feet (Bcf) and total consumption is a record for any month on record at 2,912 Bcf.
Other key takeaways from the EIA’s new data on natural gas supply and demand for 2013 include:
•Total dry gas production reached a record at 24,280 Bcf
•Total consumption reached a record at 26,034 Bcf
•Deliveries to commercial consumers were the largest ever reported at 3,289 Bcf
•Deliveries to residential and industrial customers were at the highest levels realized since 2003
•Deliveries to electric power consumers was the only sector that declined in volume from 2012 to 2013
The cost of Elec will radically go up in price, in Exelon service area. . Will manufacturing more to states with cheaper taxes, elec.. we will know in five yrs or less
Inhofe Introduces Bipartisan Bill to Incentivize Production of Natural Gas Vehicles
Friday, February 28, 2014
WASHINGTON, D.C. — U.S. Sen. Jim Inhofe (R-Okla.), senior member of the Environment and Public Works (EPW) Committee, today introduced with Sen. Carl Levin (D-Mich.) the Alternative Fuel Vehicle Development Act, a bill that would incentivize the production and purchase of alternative fuel and natural gas vehicles (NGVs).
“The booming natural gas industry in America is delivering a cheap, domestic energy source for our homes and businesses, but this fuel source is being underutilized in our vehicles," said Inhofe. "Unless current policy begins to fully recognize the potential of natural gas as a clean, mainstream fuel for our everyday cars, its use in light-weight vehicles is expected to remain below 1 percent. Oklahomans have led the nation in the use of NGVs, and I have introduced the Alternative Fuel Vehicle Development Act to help the rest of the nation tap into the benefits of using natural gas in vehicles. The legislation will incentivize automakers to bring NGVs to the market more quickly by streamlining regulations and removing red tape that automakers currently must comply with. My bill will also support consumer adoption by empowering states to give HOV-lane privileges to NGVs and other alternative fuel vehicles. I am proud to introduce this legislation with my colleague Sen. Carl Levin of Michigan, and together we'll be working to bring this bill up for a vote in Congress."
Current law allows automakers to earn credits for compliance with the CAFE program by producing alternative fuel dual-fueled vehicles, but these credits are subject to a cap. Today, automakers earn the majority of their allowed credits by producing E85 Flex-Fuel vehicles, leaving none left for more advanced alternative dual-fuel vehicles. The Alternative Fuel Vehicle Development Act modifies the program by removing the credit cap for natural gas and other alternative fuel dual-fueled vehicles, excluding E85 Flex Fuel Vehicles. The legislation would also encourage the consumer purchase of natural gas and other alternative fuel vehicles by giving states the option to allow these vehicles to use high-occupancy vehicle lanes without passenger restrictions
these are Dec 2013 production numbers for Fidelity , using Utah oil +gas records.
22 total wells, 6 wells listed as shut in. 1 plugged and abandoned, 1 well that is supposed to be producing , but had NO oil or NG production.
4 wells produced for 20 days or less and produced 5,638 BO
10 wells produced for 21or more days in Dec and produced a total of 106,021 B0.
the top 4 wells produced 27,834,26,067,22,358, and 20,994 BO, all out of the Cane Creek formation. don