Random Update On MRO's Uran 31-2H Well In Reunion Bay -- Halo Effect? -- September 8, 2014

Updates

Later, 1:22 p.m. CDT: see first comment. Excellent link regarding "sharing/interference" as wells are spaced closer together. The link is at "drillinginfo.com.' My only comment: I am always leery of comparing short-term production among various wells; there are too many factors/variables involved. Operators manage their assets; they manage production from each well. The linked article suggests that newer wells produce 85% of (prior) existing neighboring wells.

Original Post

 

Halo effect? 18362

• 18362, 641, MRO, Uran 31-2H, Reunion Bay, t6/10; cum 239K 7/14; 15 stages, 2.6 million lbs; no explanation why it was taken off-line for four months in mid/late-2013, and then came back with (somewhat?) better production; it was fracked back in 2010; a rod pump was put in late 2011;

Note production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2014	31	4226	4185	1244	4654	3062	1406
BAKKEN	6-2014	30	4310	4344	1378	5104	4254	670
BAKKEN	5-2014	31	4727	4842	1585	4840	3875	779
BAKKEN	4-2014	28	4692	4692	1597	4202	2428	1614
BAKKEN	3-2014	31	6205	6097	2311	5533	2249	3099
BAKKEN	2-2014	28	4392	4547	1437	3870	1677	2025
BAKKEN	1-2014	31	2794	2914	1505	2376	1713	477
BAKKEN	12-2013	31	3522	3414	2697	1670	728	756
BAKKEN	11-2013	10	1466	1309	1187	134	0	78
BAKKEN	10-2013	0	0	0	0	0	0	0
BAKKEN	9-2013	0	0	0	0	0	0	0
BAKKEN	8-2013	0	0	0	0	0	0	0
BAKKEN	7-2013	13	1641	1764	374	237	41	122
BAKKEN	6-2013	30	4095	3970	899	511	84	247
BAKKEN	5-2013	31	4161	4223	990	1586	815	587
BAKKEN	4-2013	30	3984	3964	944	2847	2259	408

One may want to look at #25486. This MRO well runs alongside (in the opposite direction) #18632, and was fracked in September, 2013, exactly the time frame when #18632 was taken off line:

• 25486, 1,687, MRO, Mildred 44-11TFH, Reunion Bay, 30 stages; 2.8 million lbs; t10/13; cum 110K 7/14;

Production profile for #25486:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2014	31	8154	8039	2850	8710	6974	1560
BAKKEN	6-2014	30	9023	9091	3100	9343	7519	1644
BAKKEN	5-2014	31	11150	10992	3927	9526	7177	2164
BAKKEN	4-2014	30	12681	13331	4342	12011	8886	2945
BAKKEN	3-2014	31	13805	13498	5573	12208	8449	3579
BAKKEN	2-2014	5	710	584	453	522	0	501
BAKKEN	1-2014	31	9807	10087	3668	8340	126	8036
BAKKEN	12-2013	31	13563	13202	5425	10921	1622	9113
BAKKEN	11-2013	20	9301	9371	4225	10080	7644	2324
BAKKEN	10-2013	30	22296	21775	0	10215	5242	4797
BAKKEN	9-2013	1	0	0	0	6	0	0

Related posts:

• http://themilliondollarway.blogspot.com/2014/02/another-random-example-of-fracking.html

• http://themilliondollarway.blogspot.com/2011/07/for-my-own-to-follow-up-later-mro-to-re.html
• http://themilliondollarway.blogspot.com/2011/12/refracking-wells-in-bakken-bakken-north.html

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ObamaCare Bill Is Coming Due -- The Street

The Street is reporting:

Now ObamaCare is throwing new sand into the gears by fining individuals who lack employer-provided insurance and fail to purchase a plan from the government marketplace.

No surprise, next year those policies are expected to jump in cost by as much as 30%. Medicare actuaries are forecasting health spending will rise at 6% a year during the next decade and is on pace to reach 20% of GDP by 2025.

The administration has obfuscated the issue. Government numbers show Medicare expenditures growing more slowly, but that's because the new law raises premiums, cuts benefits and slices reimbursements to doctors and uses the cash saved to subsidize the federal and state insurance exchanges.

Small businesses are shedding employees and larger ones are scrambling to find machines to replace lower paid workers, or leave the country altogether to escape the burdens of health insurance.

Good jobs are scarce, and America is losing its brand.

The United States, once the home of free markets, is no longer the most vibrant economy on earth. It's China, where bureaucrats are better at imposing the tyranny of a state-managed economy.

My hunch is we will see customer-friendly automated kiosk ordering at McDonald's before my investing life ends, sometime in the next ten years. Apparently Chili's or Applebee's is already doing it in some restaurants. USA Today is reporting that iPads are replacing restaurant staff, back in 2011:

When the new chain Stacked: Food Well Built opens its first of three Southern California units in May — this one in Torrance — sitting atop each of the fast-casual chain's 60 tables will be an iPad that folks will use to design and order their meals.

The two co-founders — who founded the BJ's Restaurant chain — plan to place 100 iPads in each restaurant. Diners will use them to look at meal options; design their own burgers, pizzas and salads; and, if they want, use the iPads to pay for the meals.

But, says co-founder Paul Motenko, "We're not going to market it as an iPad restaurant." When Stacked founders first considered a concept with guests creating their own meals and ordering them on tabletop devices, the iPad didn't yet exist. iPads were the breakthrough, Motenko says.

I've never seen a Stacked restaurant, and I don't know how they are doing, but their webpage is c. 2014.

Forbes reported in December, 2013:

From the classroom to coffee shops, tablets are popping up everywhere. Now a new deal will put 100,000 of the devices on tabletops across Applebee’s restaurants in the United States, a record rollout for a business that continues the trend to add entertainment to your dining experience that will get you to spend more in your seat.

Meanwhile, back in June, 2014, earlier this year,  The Atlantic Monthly reported that Chili's was doing the same thing:

To prevent all this, Chili's recently made a big change to its in-store ordering system. The chain partnered with Ziosk, the restaurant-targeted tablet-maker, to develop a series of tabletop devices that allow customers to order their meals without the pesky interference of a human.

The tablets let your order your meal—and pay for it—through a screen, as you would with online ordering. (They also, as a bonus, offer games for kids and news offerings from USA Today.)

Chili's just completed what it's calling "the largest rollout of tabletop tablets in the U.S."—which includes the installation of more than 45,000 tablets across 823 Chili's restaurants. 

"By this fall," Austen Mulinder, Ziosk's CEO, said in a press release, "guests at nearly every Chili's in the country can place orders, play games and pay their checks from our tabletop tablets."

And if you can order at the table, it's just a matter of time before you can order from home, and have a table reserved, and already paid for by the time you arrive. 

Yes, that's right, now I remember. It was my daughter who told me her family went to Chili's, and while waiting for their order to arrive, played games on the tablets from which they ordered their meal. The games cost about 99 cents each, or something like that.

McDonalds needs to catch up.

Note that it was The Atlantic Monthly that called the wait-staff "pesky." Not me. If one thinks the wait-staff at Chili's is "peaky," I can't even imagine the word one would use for some of the McDonald's staff in downtown NYC and at east coast airports.

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North Dakota, previously posted

Undated, perhaps about 2008