What They Will Be Talking About Wednesday Morning; Whiting Has a Great Well and .... a DRY Well;

For a cup of coffee, you can probably turn this bit of trivia into a "bet" that will get someone else to buy you your cup of coffee:

• North Dakota produces more oil with 7,300 wells than California does with 60,000 wells -- source at this link, last line of the article. 

Meanwhile, gasoline prices surge to holiday high - Bloomberg.

Price of oil: creeping to $97

Weather: the hurricane. 

Politics: Democratic National Convention to have two hours of Islamic prayers on Friday of its convention; supposedly the Catholic Church was denied a request to "say a prayer" at convention; I'm sure there's more to the story -- see link. I did not read any of the 790 comments (so far), perhaps the most comments I've seen for almost any story on the internet. With price of gasoline surging to new highs, and OPEC still in control, this is an important story.

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Daily Operations Report

Number of active rigs: 191 (3 over the recent low)

Three very nice IPs released from confidential status:

• 20505, 2,868, Whiting, Brown 41-28XH, Sanish, t3/12; cum 92K 6/12;
• 21312, 1,087, Hess, AN-Gudbranson-153-94-2215H-2, Elm Tree, t7/12; cum ---
• 21682, 1,454, Denbury, Lund 44-8SH, Siverston, t7/12; cum 6K 6/12;

In addition to those, a number of producing wells were completed:

• 21491, 835, CLR, Bohmbach 4-35H, Elm Tree, t7/12; cum --
• 20286, 833, Zenergy, Loren 1-12H, Rosebud, t8/12; cum
• 22464, 599, Whiting, S-Bar 21-2TFH, Sanish, t7/12; cum ---
• 22463, 1,119, Whiting, S-Bar 21-2H, Sanish, t7/12; cum --
• 21490, 736, CLR, Bohmbach 3-35H, Elm Tree, t7/12; cum 0  6/12; 

Something we don't see often, a dry hole:

• 20418, DRY, Whiting, O'Neil Creek Federal, Bicentennial, McKenzie, TD: 10,630 feet; nothing in the file report, yet, that I could see that explained this; drilled to the Three Forks, then plugged and abandoned; porosity graph for the Tyler Formation was the only form that I don't see often in these file reports; something tells me this was an exploratory well to test the Tyler;

Eight (8) new permits

• Operators: Whiting (3), Fidelity (2), Slawson, WPX, Bosque
• Fields: Heart River (Stark), Stanley (Mountrail), Sanish (Mountrail), Spotted Horn (McKenzie), Dutch Henry Butte (Stark), Blue Buttes (McKenzie -- salt water disposal/Bosque)