First day of school for the two older granddaughters:
Sophia, age 4, is in Tutor Time. She has been in Tutor Time since age one year or perhaps earlier, I forget. She will be going to "real" school starting next week. More on that later; it's pretty exciting.
Certainly, it was exciting yesterday when Sophia's school had an unexpected visitor:
That's our Sophia, yelling that it's Hillary coming after them. She's usually leading the pack, so I assume someone else panicked first and they all started running. My understanding is that the "money trick" worked.
Monday, August 20, 2018
The growth is in diesel fuel:
If you click on "gasoline demand," you will see my posts for the past several months -- something I noticed quite some time ago. Now I see Bloomberg has finally noted it.
The writer crazily blames it on the "price of gasoline." Absolutely incorrect. Something else is going on.
Back to the Bakken
Wells coming off confidential list over the weekend and Monday --
Monday, August 20, 2018
- 34230, SI/NC, Crescent Point Energy, CPEUSC Lloyd 8-27-34-157N-100W TFH, no production data,
- 34073, SI/NC, Petro-Hunt, USA 153-95-18C-3H, no production data,
- 30525, conf, CLR, Burr Federal 17-26H, Sanish, a very nice well, 71K in 2 months; Burr Federal wells are tracked here;
- 30278, SI/NC -- but producing huge amounts of oil, WPX, Joseph Eagle 19-18D, Mandaree, a huge well; 76K in less than 2 months;
- 34229, drl, Crescent Point Energy, CPEUSC Elena 4-22-15-157N-100W, Marmon, no production data,
- 34228, SI/NC, Crescent Point Energy, CPEUSC Lloyd 4-27-34-157N-100W, Marmon, no production data,
- 33365, 1,046, Whiting, Lindy 34-10-1H, East Fork, t3/18; cum 91K 6/18; a very nice well; almost 90K in four months;
RBN Energy: integrated majors breathe new life into the Haynesville-Texas gas play.
Natural gas production volumes from the Haynesville Shale have raced up over the past 18 months or so, from about 5.3 Bcf/d in December 2016 to more than 8 Bcf/d now. In fact, volumes are now just 1 Bcf/d or so shy of the all-time peak of 9.5 Bcf/d in January 2012. Despite the gains, there’s been a cloud of skepticism hanging over the play’s longer-term growth prospects — most of the recent gains have come from a relatively small footprint in the play’s western Louisiana sweet spot, and many of the surrounding areas are fraught with geological challenges, such as high water and clay content. But now the Haynesville story is changing once again, with a shift in rigs to the Texas side. How does this shift affect Haynesville’s growth prospects? Today, we provide an update of our view of the Haynesville Shale.
When we last wrote about the Haynesville comeback earlier this year, gas production from the shale play was in its ninth straight month of gains. Yet questions were still swirling about its growth prospects. After facing steep declines earlier in the decade and leveling off near the 5.5 Bcf/d level through 2015-16, Haynesville gas production volumes reached an inflection point in early 2017 and climbed 650 MMcf/d through the first half of last year, bringing volumes back to just under the 6-Bcf/d mark. Then, growth accelerated in the second half of 2017, with volumes rising another 1 Bcf/d or so to top 7 Bcf/d by December 2017.