Oasis Reports A Huge Well In Camp Oil Field -- The Bakken, North Dakota, USA

Wells coming off the confidential list Christmas Day (Wednesday) and Thursday:

Thursday, December 26, 2013

• 23103, 556, SM Energy, Johnson 3-6HS, Musta, t11/13; cum 3K 101/3;
• 23804, 786, Oasis, Lars 5792 13-3H, Cottonwood, t9/13; cum 12K 10/13;
• 24272, drl, HRC, Fort Berthold 147-94-3B-10-3H, McGregory Buttes, no production data,
• 24646, 3,284, Oasis, Pikes 5200 41-20B, Camp, t8/13; cum 62K 10/13;
• 25070, drl, Hess, EN-Hermanson a 155-93-3601H-4, no production data,
• 25124, 224, Oasis, Shafer 6093 13-1B, Gros Ventre, t8/13; cum 12K 10/13;
• 25396, 1,882, Oasis, Rizzo 5493 44-23T, Robinson Lake, t11/13; cum --
• 25496, 719, Slawson, Walleye (Federal) 1-12-11H, Sanish, t11/13; cum --
• 25665, drl, BR, Washburn 44-36TFH, Charlson, no production data,

Wednesday,  December 25, 2013

• 24450, 1,528, Whiting, Kummer 34-31-2H, Pleasant Hill, t6/13; cum 32K 10/13;
• 25746, 113, CLR, Christine 1-30 H1, Hanson, t8/13; cum 12K 10/13;

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24646, see above, Oasis, Pikes 5200 41-20B, Camp:

Date	Oil Runs	MCF Sold
10-2013	9914	13282
9-2013	23778	20491
8-2013	27627	18227

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Holiday retail numbers will be interesting to watch. 

The other day I posted that a US postal service carrier said that in his 30 years of working for USPS he had never seen such busy holiday season, delivering packages.

Now, this very, very interesting story: UPS says there system was overwhelmed with all the packages. Reuters is reporting:

A high volume of holiday packages overwhelmed shipping and logistics company UPS, the company said on Wednesday, delaying the arrival of Christmas presents around the globe and sending angry consumers to social media to vent. 

Amazon.com responded with an email to affected customers offering shipping refunds and $20 gift cards to compensate. A convergence of factors, including higher volume than expected and recent patches of bad weather, caused the delays, UPS spokeswoman Natalie Black said. The company projected 132 million deliveries last week "and obviously we exceeded that," Black said, without disclosing how many packages had been sent.

Meanwhile, another economic data point that surprised analysts. CNBC is reporting:

Perfect timing: just before Christmas, the market has been gifted with another strong economic number--this time, in the form of November durable goods. The figure was up 3.5 percent, was far better than the 2.5 percent gain expected, and even orders excluding defense were strong. 

That indicates capital goods orders are picking up. Because of an expiring research and development (R&D) tax credit, there is some question about whether capital goods orders have been "pulled forward," which would explain the strong rise. Regardless: this is the third decent number we have had, after November retail sales and personal spending were both better than expected.