Oil Booms in North Dakota

[UNDBIZ]

2 minutes ago, Kab said:

That might be part of it or do some districts really need to build 

Most of the money would likely end up in Fargo/West Fargo. 

[SiouxVolley]

Don’t know how Parshall and Killdeer are funding their school expansions, but they are  ongoing.  Same with Watford City’s new elementary or is it a middle school.?

[Kab]

Taxes are going up there and they have an expanded tax base

fargo and other large towns that gave tax exemptions to attract business are getting what they asked for, more students and no increased tax revenues for,awhile

 

[Nodak78]

1 hour ago, SiouxVolley said:

Don’t know how Parshall and Killdeer are funding their school expansions, but they are  ongoing.  Same with Watford City’s new elementary or is it a middle school.?

Elementary 

[Opie11]

14 hours ago, SiouxVolley said:

Don’t know how Parshall and Killdeer are funding their school expansions, but they are  ongoing.  Same with Watford City’s new elementary or is it a middle school.?

Parshall's new school had well over 50% of the funding come from the Three Affiliated Tribes. The rest from an increased property tax levy within the district.

[SiouxVolley]

Earlier had said a Saudi - Iran “war” incident was almost inevitable.  It happened a couple week ago, and oil prices have almost returned to what they were, pre-drone attack.  We can thank Texas and North Dakota shale for that attack not being an economic catastrophe.

https://www.forbes.com/sites/judeclemente/2019/10/03/texas-north-dakota-and-new-mexico-leading-the-u-s-shale-oil-revolution/#218aa7771acc

[Nodak78]

https://www.willistonherald.com/news/oil_and_energy/as-the-bakken-booms-nd-eyes-plastics/article_60e033b2-e945-11e9-a7e2-b7b9e23a3124.html?utm_medium=social&utm_source=email&utm_campaign=user-share

[Fetch]

https://www.forbes.com/sites/tedreed/2019/10/08/the-newest-us-airport-will-open-thursday-in-north-dakota-the-old-one-had-a-flawed-runway/

[Nodak78]

9 minutes ago, Fetch said:

https://www.forbes.com/sites/tedreed/2019/10/08/the-newest-us-airport-will-open-thursday-in-north-dakota-the-old-one-had-a-flawed-runway/

First flight into the new airport might be in a snowstorm.  

[Sioux>Bison]

4 hours ago, Nodak78 said:

First flight into the new airport might be in a snowstorm.  

Or delayed/cancelled!

[Sioux>Bison]

13 hours ago, Nodak78 said:

https://www.willistonherald.com/news/oil_and_energy/as-the-bakken-booms-nd-eyes-plastics/article_60e033b2-e945-11e9-a7e2-b7b9e23a3124.html?utm_medium=social&utm_source=email&utm_campaign=user-share

Great idea to try to use the salt water, but not sure how I feel about producing chlorine gas unless the plant is far out of town. It will be interesting if they can get the economies of scale to work out to build a PVC plant, especially if they have to ship the vinyl chloride out on rail. I think the economics will depend whether it’s cheaper to ship the ethane cia pipeline out of the state or whether shipping vinyl chloride out on rail. They should sponsor a senior design project at UND to study it to see if the economics work out even with subsidies. Like the story says ND is competing against other states with booming supply and already existing Petro chem industries. Interesting that the engineers form Barr don’t think polyethylene is the way to go.

[Nodak78]

2 minutes ago, Sioux>Bison said:

Great idea to try to use the salt water, but not sure how I feel about producing chlorine gas unless the plant is far out of town. It will be interesting if they can get the economies of scale to work out to build a PVC plant, especially if they have to ship the vinyl chloride out on rail. I think the economics will depend whether it’s cheaper to ship the ethane cia pipeline out of the state or whether shipping vinyl chloride out on rail. They should sponsor a senior design project at UND to study it to see if the economics work out even with subsidies. Like the story says ND is competing against other states with booming supply and already existing Petro chem industries. Interesting that the engineers form Barr don’t think polyethylene is the way to go.

Many possibilities.  I have no understanding of the chemist, engineering.  From marketing they can produce and ship final product and make money.

[Sioux>Bison]

1 minute ago, Nodak78 said:

Many possibilities.  I have no understanding of the chemist, engineering.  From marketing they can produce and ship final product and make money.

Do you know how much it costs to ship the vinyl chloride to the end users? How much does it sell for on the open market? How cheap can the plant produce it? If they have to ship it to the west coast and load it on a tanker ship to China it won’t be cheap.

These big questions need to be answered before knowing they can make money. If it was a slam dunk it would already be built.

[Nodak78]

31 minutes ago, Sioux>Bison said:

Do you know how much it costs to ship the vinyl chloride to the end users? How much does it sell for on the open market? How cheap can the plant produce it? If they have to ship it to the west coast and load it on a tanker ship to China it won’t be cheap.

These big questions need to be answered before knowing they can make money. If it was a slam dunk it would already be built.

No I haven't research all the costs but we can produce to markets close.

[Fetch]

 

[Vegas_Sioux]

3 hours ago, Fetch said:

 

Delta had me out there to help with the transition. Has more gates then grand forks.  It’s a 3/4 scale version of the Minot terminal. 

[UNDBIZ]

7 hours ago, Vegas_Sioux said:

Delta had me out there to help with the transition. Has more gates then grand forks.  It’s a 3/4 scale version of the Minot terminal. 

And Minot is WAY over-built. 

[Nodak78]

8 hours ago, Vegas_Sioux said:

Delta had me out there to help with the transition. Has more gates then grand forks.  It’s a 3/4 scale version of the Minot terminal. 

I thought I read somewhere it was bigger than Minot but smaller than Bismarck.  Much talk XWA will add allegiant/sun county for flights to LV/Phx and Florida.    AA for flights to TX and Utah.

Most people will glad to not drive to Minot/Bismarck/Billings to fly in and out of the Bakken.  It will be very interesting the change in boards from those airports next year.

[Vegas_Sioux]

XWA is 100,000 sq ft, MOT is 126,000 (making it the largest) and that is possible pulling load from BIS and MOT. 

[Sioux>Bison]

1 hour ago, UNDBIZ said:

And Minot is WAY over-built. 

But it is so much nicer than the last one!! Hopefully the Bakken picks up and the overflow goes to Minot.

[SiouxVolley]

It may be economical to refrac 10,000 wells in the Bakken as record breaking wells have resulted.  Bakken oil could go up dramatically without the expense of drilling.

https://www.willistonherald.com/news/oil_and_energy/refracturing-likely-to-be-next-big-trend-for-bakken/article_f2c69c1c-e9f9-11e9-bf6d-cf64da4fb92d.html

The other big Bakken story is that frac sand from McHenry County may be used.  Train cars of it are needed per well as most of it comes from Wisconsin and has very rigid specifications as the sand shouldn't compress much.   Could be a new open pit mining industry in McHenry County, which used to have a large population for ND that's declined for 100 years.  Ceramic sand was going to be made with a furnace near New Salem, but the oil industry went away from it.

https://www.grandforksherald.com/business/energy-and-mining/4718410-Sand-deposit-could-be-game-changer-for-ND-oil-industry

[Sioux>Bison]

On 10/13/2019 at 10:37 PM, SiouxVolley said:

It may be economical to refrac 10,000 wells in the Bakken as record breaking wells have resulted.  Bakken oil could go up dramatically without the expense of drilling.

https://www.willistonherald.com/news/oil_and_energy/refracturing-likely-to-be-next-big-trend-for-bakken/article_f2c69c1c-e9f9-11e9-bf6d-cf64da4fb92d.html

The other big Bakken story is that frac sand from McHenry County may be used.  Train cars of it are needed per well as most of it comes from Wisconsin and has very rigid specifications as the sand shouldn't compress much.   Could be a new open pit mining industry in McHenry County, which used to have a large population for ND that's declined for 100 years.  Ceramic sand was going to be made with a furnace near New Salem, but the oil industry went away from it.

https://www.grandforksherald.com/business/energy-and-mining/4718410-Sand-deposit-could-be-game-changer-for-ND-oil-industry

Hopefully the sand mining takes off between Minot and Rugby. It’s some pretty marginal land that some of our ancestors got stuck with when they immigrated to ND. Not everyone is lucky enough to get land in the RRV. Who would have known that sandy land had such potential!

hopefully the sand deposits down by Beulah pan out too. It will be good to gain our independence from the communist governments of Minnesota and Wisconsin that are trying to shutdown these Frac sand operations.

[SiouxVolley]

3 hours ago, Sioux>Bison said:

Hopefully the sand mining takes off between Minot and Rugby. It’s some pretty marginal land that some of our ancestors got stuck with when they immigrated to ND. Not everyone is lucky enough to get land in the RRV. Who would have known that sandy land had such potential!

hopefully the sand deposits down by Beulah pan out too. It will be good to gain our independence from the communist governments of Minnesota and Wisconsin that are trying to shutdown these Frac sand operations.

Turns out the sand in McHenry County does not meet fracking requirements.  But an area between Stanton and Hazen in Mercer County does.

https://www.willistonherald.com/news/state/sand-deposit-could-be-game-changer-for-nd-oil/article_ca01778e-eea4-11e9-8adc-ab4af3b9362a.html

The frac sand operations in Wisconsin are huge, but the transportation costs are high.  Silica sand is also used in other industries.  Texas now has its own sources for fracking.

[SiouxVolley]

School District 8 near Wlliston voted not to dissolve but build a new HS.  Williston D1 voted not to admit their HS students next year as they are at capacity.

https://www.willistonherald.com/news/education/after-voting---not-to-dissolve-district-oks-starting/article_80f6af78-eeef-11e9-9c7a-d350e84e1826.html

[SiouxVolley]

This study says crime has gone down in the Bakken core because there is so much economic opportunity.

https://www.heartland.org/publications-resources/publications/research--commentary-fracking-boom-lowered-crime-from-north-dakota-residents

The attached reports say fracking was worth $4000 to an average American, as electricity, fuel, and Nat gas would have more than doubled without it.