July 16, 2014: Eleven (11) New Permits; Ten (10) Producing Wells Completed; Statoil, XTO Each With One "High IP" Well; BR With A Gusher In Corral Creek

Wells coming off the confidential list Thursday:

• 25491, drl, QEP, Johnson 2-4-9BH, Grail, no production data,
• 25866, conf, Hess, HA-Thompson 152-95-2017H-5, Hawkeye, no production data,
• 26093, drl, XTO, Loomer 24X-34A, Tobacco Garden, no production data,
• 27267, 2,525, BR, CCU Red River 34-9MBH, Corral Creek, no production data,

Active rigs:

	7/16/2014	07/16/2013	07/16/2012	07/16/2011	07/16/2010
Active Rigs	192	189	213	178	132

Eleven (11) new permits --

• Operators: Oasis (4), Zavanna (3), SM Energy (3), Petro-Hunt
• Fields: Leaf Mountain (Burke), Missouri Ridge (Williams), East Fork (Williams), Poe (McKenzie), North Tioga (Burke)
• Comments:

Wells coming off the confidential list today were posted earlier; see sidebar at the right.

Ten (10) producing wells completed:

• 25087, 3,091, Statoil, Edna 11-2 6H, Camp, t6/14; cum --
• 26456, 3,027, XTO, Broderson 31X-27H, Siverston, t6/14; cum --
• 27180, 480, EOG, Austin 91-01H, Parshall, one section, t7/14; cum --
• 27093, 380, EOG, Austin 78-18H, Parshall, one section, t6/14; cum --
• 27189, 416, EOG, Austin 32-31H, Parshall, one section, t6/14; cum --
• 27092, 608, EOG, Austin 135-18H, Parshall, one section , t6/14; cum --
• 27179, 767, EOG, Austin 90-01H, Parshall, one section, t6/14; cum --
• 23996, 1,356, Statoil, Margaret 5-8 5TFH, Spring Creek, t6/14; cum --
• 26190, 788, CLR, Montpelier 4-14H, Indian Hill, t6/14; cum --
• 26771, 1,060, CLR, Winston 7012H, Long Creek, t7/14; cum --

One (1)  recompleted well:

• 25940, 56, Luff Exploration, State Miller M-16H, State Line, a Red River well, t11/13; cum 10K 5/14

Change of operator:

• KOG transferred two wells to HRC, both in Williams County

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For Investors Only

KMI/KMP: 24/7 Wall Street  and Wall Street Journal interpreted the results differently. 24/7 Wall Street's headline got it wrong, in my opinion; The Wall Street Journal got it right. Bottom line: great earnings report for KMI/KMP, as far as I'm concerned.

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or think you might have read here.

Trading at new highs today: Alcoa, CSX, CNI, CAT, COP, HAL, JOY, KOG, NSC, WLL.

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Global Warming

AccuWeather is reporting:

A summertime version of the polar vortex will continue to set record low temperatures in the Plains and Midwest this week. Cool air will also reach into the South and Appalachians.

The air will feel refreshing to some people but downright chilly and autumnlike to others.

According to AccuWeather Meteorologist Steve Travis, "Many residents and visitors will be toting jackets and long sleeves."[This is July, isn't it?]

Rather than days of hazy sunshine and high humidity, typical of mid-July, many areas will experience a deep blue sky, at times, low humidity and a cool breeze.

Yup, more of that global warming. More cognitive dissonance for the warmists. Don't you just love it? When it's warmer, it's due to global warming; when it's colder, it's due to an anomaly called the polar vortex. And, it's not open for discussion. The subject is closed.

Coming right on cue, by the way: record cold temperatures set in Kansas City, Kansas, today and yesterday. IceAgeNow is reporting:

The thermometer dropped to 54 degrees F yesterday at Kansas City International Airport, a new low for July 15, according to the National Weather Service.

That beat the old record of 56 degrees set in 1990.

Yet another record fell this morning, when the mercury dropped to 55 degrees, breaking the previous record low for this date of 57 degrees set in 1985.

St. Joseph also tied its record low for this date (July 16) of 54 degrees, set in 1970.

It was back in 1990 or thereabouts that the earth quit "warming." I can't make this stuff up. 

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A Note to Readers

I apologize for limited blogging for the past few days. Unfortunately it will continue for at least ten more days.  At a minimum the daily activity report will be summarized each day, but after that, it's hard to say. We have the two granddaughters in California for the month of July, and other family members are in and out during that time period.

My day is full. I have a couple hours free to blog between 6:30 a.m. and 8:30 a.m. PDT but after that there is no blogging until we get home, and after we have dinner, do math, do crafts, play board games, and put the granddaughters to bed about 11:00 p.m.

Of course, I am exhausted. But there is so much I want to write about but I simply am too exhausted to get started. I play my favorite music -- and I play it loudly -- hoping to get energized, but it barely helps.

I am a newsaholic. There seems to be some major "disconnects" -- the likes of which I have seldom seen before.

Here are the disconnects I see when I check the news on-line:

• there are three fairly significant shooting "wars" going on right now: Ukraine, Iraq, Israel-Hamas -- and yet, none of these stories make for many headlines on the CNN, Fox News, WSJ, LA Times websites or the Drudge Report
• there are three fairly significant shooting "wars" going on right now, and the US stock market keeps hitting new highs (including another new high today)
• the Mideast seems worse than ever and yet the price of oil dropped fairly quickly from $106 to $99  (although it seems to have bottomed out and is now increasing again)
• Afghanistan, once so important, now makes news only because SecState John Kerry is counting votes; no one seems to care any more
• the Fed and so many other "entities" are concerned about the US economy, and yet the Dow keeps on hitting new highs (including another new high today)
• OPEN BORDERS is a resounding success in the minds of some political leaders (notably the president, Harry Reid, and Ms Pelosi) but OPEN ARMS is causing significant consternation among communities across the United States
• everyone has noticed the commander-in-chief is AWOL and yet the mainstream media (CNN, Fox News, WSJ, LA Times) never mentions it in a "straight" news story; only Peggy Noonan in The WSJ has mentioned it, and that was in an op-ed piece

One individual who appears to being taking advantage of these disconnects is Russia's Vladimir Putin. Following a very successful winter Olympics, he was emboldened to take the Ukraine back. When there was no push-back from the US on that invasion, he filled the void in Iraq by selling the Iraqis jets when the US would not. When there was no push-back from the US on that gambit, he visited Central America, starting with Cuba and erasing 90% of Cuba's foreign debt, and announced he would start drilling for oil 90 miles from Florida. I think I read somewhere Russia is a "third-world country with oil" and yet, Mr Putin seems not to notice.

I did not read Cheney's op-ed -- I assume it was Dick, not Lynn, who wrote it, but Drudge says "Cheney" considered Mr Obama the worse among modern presidents. That was incredibly inflammatory and regardless of what side one takes, it's hard to deny that the United States is pretty much a spectator of world events at the moment. Maybe that's not a bad thing. But it can't be denied.

This may have been the strangest headline I've seen in a long time: the US is importing coal from Russia. This was reported by Bloomberg, perhaps the most trusted name in business news, and linked on the blog earlier. This was not a puff piece by Fox News; it was reported by Bloomberg. The US is importing coal from Russia. That pretty much sums up the "disconnects" I'm seeing. These "disconnects" all have one thing in common: they defy explanation.  

Much more could be written; many more examples could be given. But if anyone can explain why the US is importing coal from Russia that would be a good start. If an explanation is attempted, please include a discussion of the sanctions that Mr Obama has imposed on Russia. If an explanation is attempted, please include a discussion why New England activists don't want new natural gas pipelines but aren't upset about Russian coal ending up in their furnaces. I find myself listening to Lana Del Rey and laughing: Mr Obama hates coal so much he has been at war with King Coal for twenty years, and here he is, imposing sanctions on Russia, but not doing anything about importing coal from Russia. Heaven forbid, however, importing oil from our friends to the north.

Yes, a lot of "disconnects."

Everyone knows.

Everyone Knows, Leonard Cohen

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A Note to the Granddaughters

Another full day in southern California. Today, much of of it was spent in Surf City, USA: Huntington Beach, CA.

We went out to the pier to see about fishing from the pier. Our older granddaughter had done her homework, researching the internet, and told us that it was free to fish from the pier, and did not require a fishing license. So, we went to the pier to find out. That was accurate: fishing from the pier is free and requires no license. We had planned not to fish until next week, but the "bait shop" made it so easy, it was impossible to resist. We rented a pole and bought bait (squid) and the older granddaughter began to fish. Within minutes a fish, but it got away.

It was so much fun I went back and rented a pole for myself; the younger granddaughter wanted to play in the surf.

The city is setting up for the Vans US Open Surfing Championship, July 26 - August 3, 2014. So, while we were fishing, we could watch the men -- and yes, it was all men, I believe -- surfing on the south side of the pier, practicing for the US Open starting next weekend.

Wipeout, The Ventures