Friday, August 16, 2013

Wells Coming Off Confidential List Friday; 4/6 On DRL Status; Other Links

Active rigs: 182

Wells coming off confidential list today:
  • 23313, 1,441, WPX, Good Bird 36-25HW, Moccasin Creek, t5/13; cum 32K 6/13;
  • 24585, drl, Hunt, Bear Butte 1-6-7H, Little Tank, no production data,
  • 24591, 268, American Eagle, Myrtle 2-1-163-101, Colgan, t5/13; cum 12K 6/13;
  • 24654, drl, SM Energy, Hartel 1-26HA, Siverston, no production data,
  • 24658, drl, CLR, Farver 3-29H2, Hamlet, no production data,
  • 24852, drl, XTO, Rolfson 11X-16E, Siverston, looks like a nice well
RBN Energy: an interesting post on another pipeline that has been reversed. Unlikely that anyone would have guessed; most probably did not even know about it. I did not. Another great RBN Energy post.

Re-posting photo gallery of the Bakken. These photos have been previously posted.

Wow: Marcellus natural gas production rising much faster than experts predicted just one year ago. Rigzone is reporting:
Marcellus Shale natural gas production is rising even faster this year than energy experts had predicted, and that's having a national impact on energy.
Bentek, a Colorado company that analyzes energy trends, said 2013 production in Pennsylvania and West Virginia is up about 50 percent compared with last year. Figures for the pipelines that take gas out of the Marcellus show that in the first six months of the year, Pennsylvania produced about 1.5 trillion cubic feet of gas, with projections for a year-end total of about 3.2 trillion cubic feet.
That yearly number translates into the equivalent of about 550 million barrels of oil.
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WSJ Links

Egypt is the big story. Two things stick out: a) President Obama's commitment to the Islamists when their back is against the wall, as he is said to have written in his book; and, b) the Egyptian Army dithering, allowing the Muslim Brotherhood time to regroup and re-arm. Military coups do not succeed when they do not follow through.

If you have not seen it, this would be a great time to watch Ben Affleck's Argo. I watched it for the first time and was really, really impressed. My wife saw it when it first came out and said I would enjoy it. It was bittersweet for me: I worked for one of the American hostages years later. And over the years, I met a lot of state department folks serving in foreign embassies. I have incredible respect for them, especially those in North Africa and the Mideast. Apparently the six Americans who escaped the hostage ordeal with the help of the Canadians returned to work in the foreign service. President Carter had a speaking part in the movie. Only disappointment: it was noted that the hostages were released on January 20, 1981, and the name "Reagan" appears nowhere in the movie.

I did not know this. Remember that law "No Child Left Behind." How many states have waivers? Forty. When is a law not a law? When "everyone" is waivered. I am amazed. Forty states have waivers for "No Child Left Behind." The WSJ is reporting that three states might actually lose their waivers (Kansas, Oregon, and Washington). The article was pretty lousy; the comments saw the same thing I noted.

I guess HHS will do the same thing for O'BamaCare: waiver anything that is not delayed. Sorry. Maybe it isn't HHS. Maybe it's the IRS. I'm confused: who has the lead on O'BamaCare? I think the IRS will enforce it. I think the HHS provides the waivers. President O'Bama provides the exemptions and special favors.

Ya gotta love this. This is the headline: Philadelphia Schools To Open On Time. That's front section news. Sad. The school district got a $50 million cash infusion at the last minute, apparently. One more reason they aren't going to stop fracking in this state. See story posted above on how much natural gas is being produced from the Marcellus.

More and more Christie appears to be a RINO, but he is laying out a GOP revival plan. The Tea Party would be a great place to start.

 Lots of international news, but not one story on Syria. Whatever happened to Syria?

Pretty weak WSJ today.

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