Thursday, January 17, 2013

Yumpin' Yosemite! It's Colder Than Williston! Yikes!

Link here to the LA Times.

From Yosemite National Park:
In a report summarizing weather conditions between Jan. 9 and Wednesday, rangers at Tuolumne Meadows reported low temperatures of 17 degrees below zero (Jan. 10), 22 degrees below zero (Friday) and 21 degrees below zero (Saturday).
Meanwhile, it's been a balmy 30-degrees in Williston, dropping to 20 degrees (above zero) at night. That's a 40-degree nighttime spread between Yosemite and Williston. 

8 comments:

  1. Hey Bruce, I know this is not the proper thread to post this but was not sure how to get this question to you.

    Been following your site for about 9 months and really appreciate your efforts and the direction provided in learing about the industry.

    Last week you had an article mentioning the activity around Dutch Henry Butte. Later in the same day it was gone.

    I am looking forward to you adding DH and St. Anthony on to your field updates.

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    1. Thank you. Maybe I will get to those fields this weekend.

      The only thing I could find that I wrote last week that mentioned the Dutch Henry was this one:

      http://www.milliondollarwayblog.com/2013/01/random-post-beehive-of-activity-just.html

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    2. Yes that is the one I was refering to. Was hoping for some comments. As you stated..."behive-of-activity". It looks like northern Stark and southern Dunn are finally coming into play.

      Thanks again for your great site.

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    3. Thank you for the kind words; I think the reason I delayed on covering the whole Dutch Henry or St Anthony was the size of the fields; I can't remember for sure why I have delayed, but I will see what I can doing over the weekend.

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  2. http://www.ipaa.org/meetings/ppt/2013TIPRO/January/Marko_IPAALuncheon-1-9-2013.pdf


    Some interesting charts and data. Page 17 puts the Utica Wet in an interesting spot.

    anon 1

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    Replies
    1. Wow, that's an incredible slide; incredible data. Explains a lot, doesn't it. All those naysayers who say "gas" doesn't pay.

      I'm way behind tonight, but I will eventually get caught up. This will deserves a stand-alone post.

      Thank you.

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  3. There is a lot of condensate in the Wet Utica wells, generally.

    But the industry hasn't been defining "wet" lately. Something about liquids, but what?

    In the Utica it often has rich gas plus condensate. But with little or no condensate, when is it "dry" gas? And, do they all agree? My guess is that it is used very loosely, they don't want to say, and no one is pinning them down. "Analysts" are pretty worthless. They don't ask.

    Jeffries is in the back room for the deals, so I take their numbers seriously. I think there are pending deals and they can't really just make stuff up.

    There are lots of players.

    http://files.shareholder.com/downloads/GPOR/2009695848x0x618743/14B146D8-623E-4FD3-B6BE-82CC350511C9/GPOR_InvestorPres_December.pdf

    Gulfport and chk are probably the most obvious.

    Many have land that might be good, but those have lots of good land.

    Of the Bakken players, MHR and HK have land that they claim is good, but no data yet.

    Hess has a JV. XOM and CHV have some land.

    The need for processing plants is key. No point producing if they can't keep up. The big production starts this summer. It will grow fast.

    anon 1

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    Replies
    1. Perfect timing, thank you. I'm in the middle of a stand-alone post on this subject,thank you. For a day that started out slowly, wow, have I gotten behind with a lot of news.

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