Sunday, October 22, 2017

The Energy And Market Page, T+274 -- October 22, 2017

Futures mean squat, but all major indices show GREEN.

WTI: $52.15.

Bankruptcy: Hartford City workers getting nervous
Public-sector workers in cash-strapped Hartford, Conn., are on edge as city officials have said the state capital could seek authority to file for bankruptcy as early as November.
State lawmakers, who are confronting their own two-year deficit of $3.5 billion, will have a big say in how that plays out. Legislative leaders say they reached a tentative state budget agreement that would give Hartford additional aid, and they expect to approve it this week.
But after a series of false starts in the budgeting process, some are still uneasy.
“It’s nerve-racking because obviously the clock is ticking,” said Larry Dorman, a spokesman for Afscme Local 1716, which represents about 400 city employees, including those in the departments of public works, sanitation and parks. “When you’ve seen bankruptcy in other cities, it’s always taken the biggest toll on the workers. That’s neither right nor fair.”
Life's not fair. 

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The Katie Ledecky Page

From today: Pac-12 won.
One day after turning in a standout performance in the 100 Fly, Grover took on a talented 200 Free field. The Atlanta native posted a sixth-place finish, checking in with a time of 1:46.88. The race was a tight one, as the veteran's effort placed her just over five seconds back of the winner, Katie Ledecky of Stanford.
Liu finished sixth in the 200 IM, notching a time of 2:00.54. Ella Eastin of Stanford and Kathleen Baker of California tied for first just over seven seconds ahead at 1:53.24.
The Pac-12 took a 302.5-276.5 after the men's 200 IM—the last individual event of the weekend. Needing 306.5 to secure the overall victory, the Pac-12 "A" team of Louise Hansson, Janet Hu, Ledecky and Abbey Weitzel made it official with a first-place time of 3:11.28.
From yesterday:
The Pac-12 Conference – which has six-time Olympic medalist Katie Ledecky on its side – scored 155 points Saturday to lead Team USA by 11 points after the first day of the 2017 USA Swimming College Challenge in Los Angeles.
The second-ever exhibition continues at 11 a.m. PT on Sunday in the Uytengsu Aquatics Center on the Southern Cal campus. With 613 points up for grabs throughout the competition, the first team to score 306.5 points will be named the winner. The meet features 29 members of the USA Swimming national team facing Pac-12 all-stars.
Ledecky, a sophomore at Stanford and a four-time gold medalist at the Olympic Games Rio 2016, won the women’s 500-meter freestyle for the Pac-12, finishing in 4:28.75. She also helped the Pac-12 win the women’s 800 freestyle relay.
Michael Phelps says of Katie Ledecky: she has a quality he rarely sees in swimmers.
Michael Phelps, the most decorated Olympian in history and the face of US Swimming since 2004, has seen Ledecky train and compete for years and said she is in a class of her own.
"She's someone that's very goal-oriented," Phelps said while speaking to Business Insider. "When she writes a time down or she writes a major milestone down, she's gonna do whatever she can to make sure that happens. I've only seen that really a couple times in the sport. So it's a true treat for me to be able to see her kind of truly coming up in the sport like she is."
After a strong World Championships performance and freshman year at Stanford,
Ledecky is poised to have a strong showing at the 2020 Tokyo Olympics. The 2020 Olympics will now include the 1,500-meter freestyle for the first time, a race in which Ledecky currently holds the world record. Phelps said with such a busy slate, Ledecky could have the chance to win seven or eight medals.

CLR Activity In Rattlesnake Point -- October 22, 2017

This page will not be updated. The Rattlesnake Point oil field is tracked here.

A lot of activity going on in Rattlesnake Point. The data is updated here. File numbers preceded by three asterisks (***) represent a change in status that took place in the last month or so (7/18 - 8/18). We should start to see CLR reporting some of these wells; we get a clue to the completion strategies being used in this field based on #20551: 55 stages, 9.1 million lbs.

Permits

2017 
***33579, conf, CLR, Mountain Gap 11-10H1, producing, albeit very small;
***33561, conf, CLR, Mountain Gap 12-10H, producing, albeit very small;
***33560, conf, CLR, Mountain Gap 6-10H1, producing, albeit very small;
***33559, conf, CLR, Mountain Gap 5-10H, producing, albeit very small;
***33558, conf, CLR, Mountain Gap 4-10H2, producing, albeit very small;
***33557, conf, CLR, Mountain Gap 3-10H, producing, albeit very small;
***33556, conf, CLR, Mountain Gap 2-10H1, producing, albeit very small;

2016 
33123, conf, CLR, Mountain Gap 10-10H, producing, albeit very small;
33122, conf, CLR, Mountain Gap 9-10H2, producing, albeit very small;
33121, conf, CLR, Mountain Gap 8-10H1, huge production; 70K+ in first month of unconstrained production;
33120, conf, CLR, Mountain Gap 7-10H, , huge production; 70K+ in first month of unconstrained production;
***32781, 1,067, CLR, Bridger 11-14H1, Three Forks, 41 stages; 15.2 million lbs, t12/17; cum 129K 5/18;
***32740, 1,485, CLR, Bridger 10-14H2, was a DUC; now on CONF; Three Forks; 41 stages; 10.23 million lbs; t9/17; cum 199K 5/18;

2015 
***31847, 1,515, CLR, Bridger 9-14H1, was a DUC; now on CONF; 40 stages; 15.15 million lbs; t8/17; cum 173K 5/18;
***31846, 1,389, CLR, Bridger 8-14H, was a DUC; now on CONF39 stages; 14.3 million lbs; t8/17; cum 156K 5/18;
***31845, 879, CLR, Bridger 7-14H2, was a DUC; now on CONF; 40 stages; 10.22 lbs; t8/17; cum 162K 5/18;

2014 
29713, IA/TASC, CLR, Thorvald 3-6H, small amount of production noted 3/18; then off-line;
29712, IA/TASC, CLR, Thorvald 4-6H1, small amount of production noted 3/18; then off-line;
29711, IA/TASC, CLR, Thorvald 5-6H, small amount of production noted 3/18; then off-line;
***29710, IA, CLR, Cuskelly 3-7H, small amount of production noted 3/18; then off-line;
29709, loc, CLR, Cuskelly 4-7H,
29708, loc, CLR, Cuskelly 5-7H,
29554, 1,018, CLR, Bridger 4-14H2, t1/16; cum 274K 5/18;
29553, 1,160, CLR, Bridger 5-14H, Rattlesnake Point; 30 stages; 3.34 million lbs, t9/15; cum 318K 5/18;
29552, 1,977, CLR, Bridger 6-14H1, 30 stages; 6 milion lbs, t9/15; cum 238K 5/18; jump in production after neighboring wells fracked;
***29551, 1,311, CLR, Bonneville 4-23H, 55 stages; 9/3 million lbs, t8/17; cum 158K 5/18;
***29550, 1,407, CLR, Bonneville 5-23H1, was a DUC; now on CONF; t98/17; cum 173K 5/18;
***29549, 1,518, CLR, Bonneville 6-23H1, was a DUC; now on CONF; t8/17; cum 178K 5/18;

2013
None

2012 
22203, 1,430, CLR, Cuskelly 2-7H, t3/14; cum 176K 5/18;

Wow, Another NFL-Free Sunday -- October 22, 2017 -- Nothing About The Bakken

Sophia is over at the house to spend an afternoon with me. Her mom, an older sister and Grammy are going out to lunch. Sophia has already been to Hall's Pumpkin Patch today which is just down the street from where we live. We pass it every day on the way to Tutor Time and it's within walking distance.

Meanwhile, Sophia's oldest sister is in Annapolis, MD, at "Navy," participating in national water polo tournament. Tomorrow her dad and she have plans to tour Washington, DC, before she flies home.

If that's not enough:
  • NASCAR
  • finish J. Randy Taraborrelli's biography of the Conrad Hilton dynasty
  • play with this interactive history of the stock market
  • update the Bakken blog
  • some time at the local park with Sophia
  • share "Red, White, and Blue" ice cream with Sophia (ice cream by the #1 ice cream maker in Texas, Blue Bell; a half gallon regularly priced at $5.99 on sale for $2.99
 So, an NFL-free Sunday. Priceless.

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NASCAR

Wow, wow, wow.

Only two stories for me for this:
  • if Martin Truex, Jr., will hold on to win; and, 
  • whether Jimmy Johnson will advance; he's on the bubble
Great race.

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NFL Hell

NFL hell. Stadiums -- can't give seats away

STACK, The Permian Not The Only Plays To Have Multiple Formations -- October 22, 2017

See the November, 2017, dockets:
  • 26211, North Range Resources, request to re-complete the Duncan Federal 30-24 well (#6959) in the Scairt Woman field into the Birdbear formation, McKenzie County
History of this well:
  • first drilled in 1979. The first target was the Madison formation
  • two years later, re-entered to target the Red River (1981)
  • then in 1995, it was re-entered to target the Duperow
All three formations are now PNA (abandoned).
  • the Masdison last produced a bit of oil in 4/17
  • the Duperow last produced a bit of oil in 3/17
  • the Red River produced until 4/95
Total production for the well so far: 411,291 bbls of crude oil; 8,965,521 MCF of natural gas.

By formation:
  • Madison: 86,477 bbls; gas: 77,402 MCF
  • Duperow: 147,281 bbls; gas 214,686 MCF
  • Red River: 177,533 bbls; gas 8,673,433 MCF (no typo)
The well:
6959, 630 (Madison)/0 (Red River)/67 (Duperow), North Range Resources, Duncan Federal 30-24, Scairt Woman, t12/79 (Madison); t7/81 (Red River), t5/95 (Duperow), cum -- see above



Other wells in the graphic above:
  • 7559, SM Energy, Duncan Federal 30-22, three formations; minimal production
  • 7560, Ladd Petroleum, Duncan Prince 31-41, Red River, almost no oil produced, I would consider it a dry well;
  • 8708, Ladd Petroleum, Federal 30-24-A, Madison, t10/81; cum 229K last produced 4/86 (5 years)
  • 8830, Ladd Petroleum, Duncan Federal 30-22A, Madison, t3/82; cum 65K last produced 7/85
  • 8885, Amax Oil & Gas, Duncan Federal 30-34, Madison, t2/82; cum 151K last produced 6/92 (but almost no production between '87 and '92

NDIC Hearing Dockets, November, 2017

This page is completed but not checked for factual or typographical errors. 

Link here.

Dockets are tracked here

The usual disclaimer applies.

Wednesday, November 15, 2017 (5 pages)

26169, Legacy Reserves, temporary spacing, for Gearey 1H, #12227), Golden Valley County
26170, Oasis, Baker and/or Indian Hill-Bakken, amend, establish three overlapping 2560-acre units; two wells each; McKenzie, Williams counties
26171, Oasis, Elk and/or Indian Hill-Bakken, amend, establish an overlapping 2560-acre unit, two wells; McKenzie County
26172, Oasis, Elk-Bakken, amend, establish an overlapping 2560-acre unit; two wells; McKenzie County
26173, Oasis, Camp and/or Baker-Bakken, amend, establish three overlapping 2560-acre units; several wells, McKenzie, Williams counties
26174, Oasis, Charlson and/or Phelps Bay-Bakken, amen, establish an overlapping 800-acre unit; 11 wells on the unit: SW/4 of section 12 and all of section 13-153-95; McKenzie
26175, Oasis, Poe and/or tobacco Garden-Bakken, amend, establish two overlapping 2560-acres units one well each; McKenzie County
26176, Hess, Blue Buttes-Bakken, amend, establish an overlapping 1280-acre unit; one well; McKenzie County
26177, NDIC, review a treatment plant permit in McKenzie County
26178, NDIC, review a treatment plant permit in Dunn County
26179, NDIC, review a treatment plant permit in Dunn County
26180, Sivalls, indirect heater placement
26181, WPX, Mandaree-Bakken, amend, establish an overlapping 1280-acre unit; 7 wells; Dun County
26182, NinePoint Energy, Irish Oil & Gas, Twin City Technical, Eightmile-Bakken; consider the establishment or altering of spacing units; McKenzie, Williams counties
26183, Kraken Operating, pooling
26184, Kraken Operating, pooling
26185, Kraken Operating, pooling
26186, Oasis, Baker-Bakken, amend, authorize up to 11 wells to be on two 1280-acre units: sections 2/11 and sections 3/10-153-101, McKenzie
26187, Oasis, Baker-Bakken, amend, two wells on a 2560-acre unit; McKenzie County
26188, Oasis, Indian Hill-Bakken, two wells on each of two 2560-acre units; McKenzie, Williams counties
26189, Oasis, Elk-Bakken, two wells on a 2560-acre unit; McKenzie
26190, Oasis, Elk-Bakken, 11 wells on each of two 1280-acre units; section 13/24-152-102; and section 18/19-152-101; McKenzie County
26191, Oasis, Camp-Bakken, 11 wells on a 1280-acre unit, section 5/8-152-101; McKenzie
26192, Oasis, Camp-Bakken, two wells on a 2560-acre unit; McKenzie County
26193, Oasis, pooling
26194, Oasis, pooling
26195, Hess, pooling
26196, Hess, pooling
26197, Hess, pooling
26198, Lime Rock Resources, commingling
26199, Lime Rock Resources, commingling
26200, Lime Rock Resources, commingling

Thursday, November 16, 2017 (10 pages)

26201, Windridge, legalese, revoke a permit issued to Petro Harvester, Burke County
26202, Hunt, Werner-Bakken, amend, establish an overlapping 1920-acre unit; 2 wells; Dunn County
26203, Zavanna, Stockyard Creek-Bakken, amend, establish an overlapping 2560-acre unit; 1 well Williams County
26204, PetroShale, Antelope-Sanish, amend, establish two overlapping 2560-acre units; 2 wells in each; McKenzie County
26205, CLR, Camp and/or Banks-Bakken, amend, establish two overlapping 5120-acre units; four wells on each; McKenzie
26206, CLR, North Tobacco Garden-Bakken, amend, establish an overlapping 2560-acre unit; 1 well; McKenzie County
26207, CLR, relief for Sakakawea Federal 1-19H2 (#33539), McKenzie County
26208, Liberty Resources, West Tioga-Bakken, amend, establish an overlapping 1920-acre unit, 8 wells; Williams County
26209, Liberty Resources, White Earth, East Tioga, and/or Enget Lake-Bakken, establish six overlapping 2560-acre units, multiple wells; Mountrail County
26210, Slawson, Big Bend-Bakken, amend, i) establish a 1920-acre unit, 10 wells; ii) establish an overlapping 3840-acre unit, two wells; Mountrail County
26211, North Range Resources, re-complete the Duncan Federal 30-24 well (#6959) in the Scairt Woman field into the Birdbear formation, McKenzie County
26212, XTO, Heart Butte-Bakken, amend, establish an overlapping 1280-acre unit; 1 well; Dunn County
26213, XTO, Haystack Butte andor Lost Bridge-Bakken, amend, establish i) two overlapping 1920-acre unit; 10 wells each; ii) three overlapping 3840-acre units; unit line wells; Dunn County
26214, XTO, Lost Bridge and/or Big Gulch-Bakken, amend, establish an overlapping 2560-acre unit, 1 well; Dunn County;
26215, Enerplus, McGregory Buttes-Bakken, amend, establish two overlapping 2560-acre units; two wells each; Dunn County
26216, Enerplus, Antelope-Sanish, amend, establish an overlapping 1280-acre unit; 2 wells; McKenzie County
26217, EOG, Clarks Creek-Bakken and/or Antelope-Sanish, i) establish an overlapping 1280-acre unit, multiple wells; and, ii) establish an overlapping 2432.32-acre unit, multiple wells; McKenzie
26218, NDIC; review permit for a treating plan in McKenzie County
26219, PetroShale, Eagle Nest-Bakken, establish an overlapping 640-acre unit; 2 wells; Dunn County
26220, PetroShale, Eagle Nest-Bakken, establish an overlapping 640-acre unit; 2 wells; Dun County
26221, PetroShale, Mandaree-Bakken, establish an overlapping 1280-acre unit; 2 wells; Dunn County
262222, PetroShale, Mandaree-Bakken, establish an overlapping 2560-acre unit; 2 wells; Dunn County
26223, PetroShale, Mandaree-Bakken, establish an overlapping 2560-acre unit; 2 wells; Dunn County
26224, PetroShale, Eagle Nest-Bakken, allow 4 wells in an existing 320-acre unit, E/2 of section 5-148-94; Dunn County
26225, Crescent Point Energy, flaring
26226, Crescent Point Energy, flaring,
26227, CLR, pooling
26228, CLR, pooling
26229, CLR, pooling
26230, Slawson, pooling
26231, XTO, pooling
26232, XTO, pooling
26233, XTO, pooling
26234, XTO, pooling
26235, XTO, pooling
26236, XTO, pooling
26237, XTO, pooling
26238, XTO, pooling
26239, XTO, pooling
26240, XTO, pooling
26241, XTO, Lost Bridge-Bakken, nine (9) wells on an existing 1280-acre unit, section 23/24-148-97; Dunn County
26242, WPX, pooling
26243, Samson Oil and Gas USA, pooling
26244, Statoil, commingling
26245, Statoil, commingling

The Incredible Skarston Wells Have Been Updated Now That One Is Back On-Line -- October 22, 2017

The incredible Skarston wells have been updated. One of the Skarston wells had been taken off-line for most of 2017 but it is now back on line.

Update On A BR Bison Point Re-Frack In Corral Creek, #17106 -- October 22, 2017

API: 33-025-00736, re-fracked, 11/18/2016 - 11/25/2016, IP of 672; 29 stages, 5 million lbs from the sundry form; from FracFocus, 6,079,602 gallons of water; about 90% by weight, water; rest proppant.

The well:
  • 17106, 361, BR, CCU Bison Point 14-34H, Corral Creek, t7/08; cum 178K 8/17; original completion in 2008 was an open hole completion with about 1 million bls of sand
Recent production (before after re-frack):

 Monthly Production Data:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-20177443643404081360836030
BAKKEN7-2017002980000
BAKKEN6-20172822597224771821918522185090
BAKKEN5-2017151213711959113181031482032107
BAKKEN4-201772422242261700
BAKKEN3-20170000000
BAKKEN2-2017353531700
BAKKEN1-20170000000
BAKKEN12-20160000000
BAKKEN11-20160000000
BAKKEN10-20160000000
BAKKEN9-20160000000
BAKKEN8-20160000000
BAKKEN7-20160000000
BAKKEN6-20160000000
BAKKEN5-20160000000
BAKKEN4-20160000000
BAKKEN3-20160000000
BAKKEN2-20160000000
BAKKEN1-20160000000
BAKKEN12-20150000000
BAKKEN11-20150000000
BAKKEN10-20150000000
BAKKEN9-2015102150200
BAKKEN8-201531119811151517550677
BAKKEN7-201531132113441536280551
BAKKEN6-20153019231953150118601111
BAKKEN5-20153575412503500342

Earliest production:
BAKKEN2-2009282697277028620061776230
BAKKEN1-2009313172321137620281694334
BAKKEN12-20083134483498406242913391090
BAKKEN11-20083036463673438273227320
BAKKEN10-20083047984808677362236220
BAKKEN9-200823371836579202371227992
BAKKEN8-2008295156487314543584351074
BAKKEN7-200831485049151605380803808
BAKKEN6-2008306674429743380338