Sunday, October 15, 2017

Futures -- October 15, 2017

Updates

October 16, 2017: the trillion dollar club Add Edward Jones to the $1 trillion club. Also, just making the cut: Wellington Management, Northern Trust, and PGM.

Later, 11:08 p.m. Pacific Coast time: it's now almost midnight and I have not checked the NFL scores for today and find that I do not miss the league at all. Surfing through the internet I see that Aaron Rogers was injured, but that's about all I know. I don't even know if the Green Bay Packers won or lost, and I have no interest.

Original Post 

Another NFL-free Sunday; played a new board game with extended family in Portland, OR: "The Quest for El Dorado." An incredibly fun game to play. It's a new game and has been getting good reviews.

Checking futures. Futures don't mean squat, but right now S&P 500; Nasdaq; and, the Dow futures are all green. WTI (futures) is up almost 1% -- flirting with $52.

Disclaimer: this is not an investment site. Do not make any investment, financial, travel, job, or relationship decisions based on what you read here or think you may have read here.

Time stamp/date: the tea leaves suggest before the end of the year (2017), Tesla is going to announce some serious news about its future.

Hepatitis A: Governor Jerry Brown declares a state of emergency in California / hepatitis. I find it interesting that no one (at least mainstream media) is talking about the reason for the epidemic. This is not rocket science.

Random Update On The Trans-Alaska Pipeline -- October 15, 2017

We haven't heard much about the Trans-Alaska Pipeline lately. Not good news.

The Denver Post, April 16, 2017:
The 800-mile Trans Alaska Pipeline System was built for extreme conditions. But as the state’s oil production has declined, the pipeline faces a new challenge: flows so sluggish operators worry the line may become unusable, cutting off access for hundreds of North Slope oil wells.
Every four days, a device known as a pig, a sort of industrial Q-Tip, is sent hurtling through the 48-inch-wide pipeline to scrub out debris.
So far, that’s kept the oil moving. But it comes at a price: higher transport costs for a product that’s already at an economic disadvantage to other supplies around the globe. Alyeska’s technical fixes should allow the pipeline to keep operating at volumes as low as 300,000 barrels a day, a threshold that could be reached by the middle of the next decade.
Tri-City Herald, October 5, 2017:
Nearly every Alaskan will wake up $1,100 richer Thursday, thanks to this year's payout from the state's oil wealth investment fund.
The distribution from the Alaska Permanent Fund is essentially free money for residents, who already don't pay a state income tax or statewide sales tax. But it's just half of the expected $2,200 windfall, which was reduced for the second straight year to help the state pay its bills amid a recession due to continued low oil prices.
Unlike previous distributions, the amount of this year's payout was quietly announced in mid-September in a short news release. Gone was the usual announcement made with great fanfare in other years.

Flashback: Malia Obama Interns With Harvey Weinstein; US Senate And Catholicism In America -- September 30, 2017

 YouTube nexus:
  • videos of Trump alongside / photo ops with Weinstein: 0
  • videos of Barack and Michelle Obama alongside / photo ops with Weinstein: too numerous too count
  • Malia Obama interns with Harvey Weinstein
Remember, at the time this video was made, it was an "open secret" regarding Harvey Weinstein, known at least 2014:

Harvey Weinstein, a wonderful man -- Michelle Obama

******************************
DEMS: Catholicism In America

See also: top 50 Jewish personalities.

Google: federal court nominee catholic feinstein.

104,000 results

Page 1:
  • Dianne Feinstein attacks judicial nominee's Catholic faith -- National Review
  • Barrett grilled on Catholic faith -- The Daily Caller
  • Senators take fire over questions for Catholic judicial nominee -- Politico
  • Feinstein, a Catholic nominee and a dogma that didn't bark -- LA Times
  • Feinstein, Durbin probe judicial nominee Amy Barrett on her Catholic ... --US News
  • Democratic senators test Amy Barrett on Catholic beliefs -- The Atlantic
  • Dianne Feinstein defends grilling of federal judicial nominee -- Washington Times
  • Trump judicial nominee too Catholic for secular senators --NOLA
  • Feinstein grills appeals court nominee on her Catholic faith -- The Blaze
  • Dianne Feinstein renews her decades-long crusade against Catholic ... -- Washington Examiner

Page 2:
  • Questioning of judicial nominee's Catholicism by Feinstein and Durbin ... --Philly
  • Concerns of 'anti-Catholic bigotry' as judicial nominee questioned -- Catholic News Agency
  • Senate democrats attack Trump judicial nominee's Catholic faith -- Fox News
  • 'Catholics need not apply?' Senators accused of anti-Catholic bias at ... -- CBN 
  • Trump nominee forced Feinstein to ask about her religion -- Sacramento Bee
  • Senators' questions for judicial nominee draw accusations of anti ... -- American Magazine
  • Sen. Dianne Feinstein defends comments on judicial nominee's faith -- Daily Signal
  • Feinstein attacks federal judge nominee's faith: 'the dogma lives ... -- Free Beacon
  • Feinstin attacks Catholic Judicial Nominee at hearing -- Townhall
  • Catholic judicial nominee grilled by senators on her religious views ... -- NCR Online 


Wells Coming Off Confidential List This Next Week -- October 15, 2017

Monday, October 23, 2017
None.

Sunday, October 22, 2017
33080, conf, Whiting, Northern 31-30-1TFH,
32986, conf, Crescent Point Energy, CPEUSC Dressler 5-36-25-158N-100 TFH,

Saturday, October 21, 2017
29091, conf, Petro-Hunt, USA 153-95-23C-14-5H, 

Friday, October 20, 2017
  • 33269, 732, QEP, ND Levant 8-16-21BHD, Grail, t5/17; cum 48K 8/17; no halo effect seen;
  • 33268, 708, QEP, ND Levang 7-16-21T2HD, Grail, t5/17; cum 45K 8/17;
  • 33267, 672, QEP, ND Levang 7-16-21BHD, Grail, 51 stages, 5 million lbs, t5/17; cum 43K 8/17;
  • 31899, SI/NC, Crescent Point Energy, CPEUSC Dressler 2-36-25-158N-100W, Dublin, no production data,
Thursday, October 19, 2017
  •  33081, 1,443, Whiting, Northern 31-30-2TFH, Springbrook, 42 stages; 6.8 million lbs, t5/17; cum 85K 8/17;
Wednesday, October 18, 2017
  • None.
Tuesday, October 17, 2017
  • None 
Monday, October 16, 2017
  • 33082, 2,232, Whiting, Northern 31-30-2H, Springbrook, just a few miles northeast of Willston, 40 stages, 10.3 million lbs; t4/17; cum 150K 8/17;
  • 25370, SI/NC, HRC, Fort Berthold 152-94-13B-24-2H, Antelope, no production data,
Sunday, October 15, 2017
  • 30392, 2,112, Oasis, Hanover Federal 5300 13-14 7T, Willow Creek, Three Forks 1st bench, 50 stages, 4.1 million lbs, t5/17; cum 51K 8/17;
Saturday, October 14, 2017
  • 32830, SI/NC, Enerplus, Smooth Green 152-94-18A-19H, Antelope, no production data,

Twelve New Permits -- October 13, 2017

Twelve new permits:
  • Operators: Hess (6); Whiting (5): BR
  • Fields: Truax (Williams); Epping (Williams); Elidah (McKenzie)
  • Comments: Hess has permits for a six-well SC-TR Slette pad in Truax oil field (see graphic below); Whiting has permits for a five-well Rennerfeldt pad in Stockyard Creek / Epping (see below)
Sixteen permits renewed:
  • CLR (11): three Elveida permits in Divide County; three Bliss permits in Divide County; two Boulder Federal permits in McKenzie County; two Thorvald permits and one Cuskelly permit, all in Dunn County
  • EOG (5): four Burke permits in Mountrail County; one West Clark permit in McKenzic County
Four permits canceled:
  • EOG (2): two Austin permits in Mountrail County
  • Oasis (2): two Berry permits in Mountrail County
*******************************************


Other existing wells:
  • 19189, 1,213, Hess, T R Slette 18-1H 153-98, Truax, t2/11; cum 270K 8/17; small bump in production in 4/13;
  • 23299, 515, Hess, SC-TR Slette 153-09-1819H-2, Truax, t12/12; cum 133K 8/17;
  • 23300, 941, Hess, SC-TR Slette 153-98-1819H-3, Truax, t12/12; cum 205K 8/17;
*************************************************



Existing wells:
  • 22871, 2,457, Whiting, P Alice 154-99-4-3-27-4H3, t8/12; cum 256K 8/17;
  • 20515, 2,462, Whiting, P Alice 154-99-4-3-27-4H, t8/12; cum 316K 8/17;
  • 30836, loc, Whiting, P Earl Rennerfeldt 154-99-2-3-27-3H3, no production data;
  • 30837, loc, Whiting, P Earl Rennerfeldt 154-99-2-3-27-3H, no production data;
  • 30838, 1,974, Whiting, P Earl Rennerfeldt 154-99-2-3-27-2H3, t2/16; cum 180K 8/17;
  • 30839, 2,135, Whiting, P Earl Rennerfeldt 154-99-2-3-27-2H, t2/16; cum 220K 8/17;
  • 26032, 1,781, Whiting, P Earl Rennerfeldt 154-99-1-3-27-2H3, t3/14; cum 180K 8/17;
  • 26030, 2,008, Whiting, P Earl Rennerfeldt 154-99-1-3-27-1H, t3/14; cum 198K 8/17;

  • 19220, 1,057, Whiting, 20711 Saccaro 310 1H, Stockyard Creek, t11/10; cum 410K 8/17;
  • 30840, loc, Whiting, P Earl Rennerfeldt 154-99-2-3-10-14H3, Stockyard Creek, no production data,
  • 30841, loc, Whiting, P Earl Rennerfeldt 154-99-2-3-10-14H, Stockyard Creek, no production data,
  • 30842, 2,592, Whiting, P Earl Rennerfeldt 154-99-2-3-10-15H3, Stockyard Creek, t1/16; cum 211K 8/17;
  • 30843, 1,924, Whiting, P Earl Rennerfeldt 154-99-2-3-10-15H, Stockyard Creek, t2/16; cum 176K 8/17;
  • 26031, 1,841, Whiting, P Earl Rennerfeldt 154-99-1-3-10-15H3, Stockyard Creek, t1/14; cum 139K 8/17;
  • 26029, 2,492, Whiting, P Earl Rennerfeldt 154-99-1-3-10-16H, Stockyard Creek, t3/14; cum 195K 8/17;

The Number Of Bakken Wells Producing Over 30,000 Bbls/Month Continues To Increase -- October 14, 2017

A reader sent this note (slightly edited) regarding North Dakota Bakken production in August, 2017:
Based on the monthly production in the general statistics section of the NDIC O&G web page, these observations:

There were 66 wells in August that produced over 30,000 bbls of oil in the month. 

In August the top three wells were by Marathon; the next 3 by EOG. Marathon didn’t used to be known for high production rates from their wells as I recall? I don’t know how these wells compare to wells in other basins but these look pretty amazing.
I listened to the 8-9-17 conference call with CLR and they were pretty upbeat about the Bakken it seemed to me. They were very happy with the new enhanced completion techniques they were using. I think they said for one thing with the new technology they may have to revisit the proper spacing on the wells.
I think they are getting a lot more results close to the well bore and the frac jobs are not penetrating as deep. Seems that would be reflected in the halo affect? And they also suggested the area they consider to be core is growing with these better rates and all of their property will benefit from enhanced completion techniques and make those areas profitable at prices lower than previously thought.
See this post, also. 

I think the comment regarding infill density is the most interesting. Stay tuned.

Top 50 Livable Cities In The US -- October 14, 2017

Top 50 cities in which to live in the US:





50
New Rochelle
NY
Northeast
49
Layton
UT
West
48
Appleton
WI
North Central
47
Orem 
UT
West
46
South Jordan
UT
West
45
Springdale
AR
South Central
44
Nashua
NH
Northeast
43
Bend 
OR
Northwest
42
Kirkland
WA
Northwest
41
Franklin
TN
East Central
40
Clifton
NJ
Northeast
39
Palm Coast
FL
Southeast
38
Mount Pleasant
SC
Southeast
37
Beaverton
OR
Northwest
36
Waukesha
WI
North Central
35
Edmond
OK
Fly Over South
34
Danbury
CT
Northeast
33
Lawrence
KS
Fly Over Midcontinent
32
Enterprise
NV
West
31
Lexington-Fayette
KY
Southeast
30
Weston 
FL
Southeast
29
Broken Arrow
OK
Fly Over South
28
Eagan
MN
Fly Over North
27
Metairie
LA
South Deep
26
Charlotte
NC
East Central
25
Meridian 
ID
Northwest
24
Maple Grove
MN
Fly Over North
23
Olathe
KS
Fly Over Midcontinent
22
The Villages
FL
Southeast
21
Atascocita
TX
South
20
Woodbury
MN
Fly Over North
19
Lee’s Summit
MO
Fly Over Midcontinent
18
Waldorf
MD
Northeast
17
Hoover
AL
South Deep
16
Frisco
TX
South
15
Arlington
 VA
East
14
Rochester Hills
MI
Fly Over North
13
Flower Mound
TX
South
12
Gilbert
AZ
Southwest
11
Mission Viejo
CA
West
10
Raleigh 
NC
East
9
Columbia
MD
Northeast
8
O’Fallon
MO
Fly Over Midcontinent
7
Naperville
IL
Fly Over Midcontinent
6
Dale City
VA
East
5
Highlands Ranch
CO
West
4
Johns Creek
GA
Southeast
3
Arvada
CO
West
2
Centennial
CO
West
1
Carmel 
IN
Fly Over Midcontinent


By state:

17
Hoover
AL
South Deep
45
Springdale
AR
South Central
12
Gilbert
AZ
Southwest
11
Mission Viejo
CA
West
5
Highlands Ranch
CO
West
3
Arvada
CO
West
2
Centennial
CO
West
34
Danbury
CT
Northeast
39
Palm Coast
FL
Southeast
30
Weston 
FL
Southeast
22
The Villages
FL
Southeast
4
Johns Creek
GA
Southeast
25
Meridian 
ID
Northwest
7
Naperville
IL
Fly Over Midcontinent
1
Carmel 
IN
Fly Over Midcontinent
33
Lawrence
KS
Fly Over Midcontinent
23
Olathe
KS
Fly Over Midcontinent
31
Lexington-Fayette
KY
Southeast
27
Metairie
LA
South Deep
18
Waldorf
MD
Northeast
9
Columbia
MD
Northeast
14
Rochester Hills
MI
Fly Over North
28
Eagan
MN
Fly Over North
24
Maple Grove
MN
Fly Over North
20
Woodbury
MN
Fly Over North
19
Lee’s Summit
MO
Fly Over Midcontinent
8
O’Fallon
MO
Fly Over Midcontinent
26
Charlotte
NC
East Central
10
Raleigh 
NC
East
44
Nashua
NH
Northeast
40
Clifton
NJ
Northeast
32
Enterprise
NV
West
50
New Rochelle
NY
Northeast
35
Edmond
OK
Fly Over South
29
Broken Arrow
OK
Fly Over South
43
Bend 
OR
Northwest
37
Beaverton
OR
Northwest
38
Mount Pleasant
SC
Southeast
41
Franklin
TN
East Central
21
Atascocita
TX
South
16
Frisco
TX
South
13
Flower Mound
TX
South
49
Layton
UT
West
47
Orem 
UT
West
46
South Jordan
UT
West
15
Arlington
VA
East
6
Dale City
VA
East
42
Kirkland
WA
Northwest
48
Appleton
WI
North Central
36
Waukesha
WI
North Central

By region:

10
Raleigh 
NC
East
15
Arlington
VA
East
6
Dale City
VA
East
26
Charlotte
NC
East Central
41
Franklin
TN
East Central
7
Naperville
IL
Fly Over Midcontinent
1
Carmel 
IN
Fly Over Midcontinent
33
Lawrence
KS
Fly Over Midcontinent
23
Olathe
KS
Fly Over Midcontinent
19
Lee’s Summit
MO
Fly Over Midcontinent
8
O’Fallon
MO
Fly Over Midcontinent
14
Rochester Hills
MI
Fly Over North
28
Eagan
MN
Fly Over North
24
Maple Grove
MN
Fly Over North
20
Woodbury
MN
Fly Over North
35
Edmond
OK
Fly Over South
29
Broken Arrow
OK
Fly Over South
48
Appleton
WI
North Central
36
Waukesha
WI
North Central
34
Danbury
CT
Northeast
18
Waldorf
MD
Northeast
9
Columbia
MD
Northeast
44
Nashua
NH
Northeast
40
Clifton
NJ
Northeast
50
New Rochelle
NY
Northeast
25
Meridian 
ID
Northwest
43
Bend 
OR
Northwest
37
Beaverton
OR
Northwest
42
Kirkland
WA
Northwest
21
Atascocita
TX
South
16
Frisco
TX
South
13
Flower Mound
TX
South
45
Springdale
AR
South Central
17
Hoover
AL
South Deep
27
Metairie
LA
South Deep
39
Palm Coast
FL
Southeast
30
Weston 
FL
Southeast
22
The Villages
FL
Southeast
4
Johns Creek
GA
Southeast
31
Lexington-Fayette
KY
Southeast
38
Mount Pleasant
SC
Southeast
12
Gilbert
AZ
Southwest
11
Mission Viejo
CA
West
5
Highlands Ranch
CO
West
3
Arvada
CO
West
2
Centennial
CO
West
32
Enterprise
NV
West
49
Layton
UT
West
47
Orem 
UT
West
46
South Jordan
UT
West