Sunday, September 14, 2014

Austin 22-31H (#17287) Back On-Line? -- September 14, 2014

It appears that this well is back on-line:
  • 17287, IA/1,137, EOG, Austin 22-31H, Parshall, t10/08, cum 818K 7/14; inactive 1/14; it looks like it is back on status eff 7/14; (I assume the "IA" will revert to "A" soon); in a sundry form received July, 2014, it was stated that the well changed from "pump to rod and pump assembly," and that sales resumed 6/17/2014.
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare


Unrelated but of interest, this well is still flowing without a pump (per NDIC scout ticket) and is still producing 23,000 bbls of oil per month:
  • 20210, 803, CLR, Whitman 2-34H, Oakdale, Bakken, s1/11; t9/11; F; cum 1.09 million bbls 7/14; 24 stages; 2.4 million lbs; middle Bakken; runs south; 4 section spacing;
A Note to the Granddaughters

A long day of soccer; three games. Loss, tie, win.

We let the second game, 5-2 late in the second half slip away to a 5-5 tie. A tough one to take. But the 6-1 third game was quite nice. Olivia scored one goal in the game that we tied; two goals in the 6-1 win.

Head coach and Olivia

WTI Oil Futures Nearing The $90 Floor -- September 14, 2014


September 15, 2014: the drop in oil prices won't last forever. Yahoo!Finance is reporting:

But that expectation should not obscure the potential for a supply cutoff, says Lebow. "We can't ignore the fact that Libyan production which has increased now to over 800,000 barrels per day and was just a few months ago 100,000 barrels per day," says Lebow. "And just a few months ago we were worried about supply disruptions from Iraq. It's a dangerous world. Energy prices are not completely secure."
Former BP CEO Tony Hayward, as quoted in the Financial Times today, says, "The world has been lulled into a false sense of security because of what’s going on in the U.S. When U.S. supply peaks, where will the new supply come from?” He's concerned that sanctions imposed by Western nations on Russia will reduce investment in Russian oil fields and ultimately limit global energy supplies. 
Original Post

Futures mean squat, but right now, WTI is down $1.14, just above $91; this comes on news that Chinese industrial output weakens.
West Texas Intermediate and Brent crude declined for a second day as China’s industrial output expanded at the weakest pace since the global financial crisis.
Futures slid as much as 1.4 percent in New York and 0.8 percent in London. Factory production rose 6.9 percent from a year earlier in August, the National Bureau of Statistics said Sept. 13 in Beijing, compared with 9 percent in July and the 8.8 percent median estimate in a Bloomberg News survey. Crude output in Libya increased to 870,000 barrels a day, according to state-run National Oil Corp
It's going to be interesting to see what comes out of OPEC this week, if anything.

News You Won't See In Mainstream Media Tomorrow

Antarctic sea ice reaches all-time record high.
Scientists have declared a new record has been set for the extent of Antarctic sea ice since records began.
Satellite imagery reveals an area of about 20 million square kilometres covered by sea ice around the Antarctic continent.
Jan Lieser from the Antarctic Climate and Ecosystems Cooperative Research Centre (CRC) said the discovery was made two days ago.
"This is an area covered by sea ice which we've never seen from space before," he said.
"Thirty-five years ago the first satellites went up which were reliably telling us what area, two dimensional area, of sea ice was covered and we've never seen that before, that much area.
"That is roughly double the size of the Antarctic continent and about three times the size of Australia."
400 ppm. Comes on the eve of the big march in NYC, September 21, 2014.

The New York Post and Elsewhere

Obama ship is sinking.
The whole second term has been a string of disasters, with the toxic brew of his Obamacare lies, middling economic growth and violent global breakdown casting doubt on the president’s stewardship. Six years into his tenure, nothing is going as promised.
Obama plans major Ebola offensive. Why not?

The Wall Street Journal

Did CLR Just Crack The Code North Of Williston? Will Report A Huge Well Monday -- September 14, 2014; 9 Of 11 (9/11) Wells Go To DRL Status

Monday, September 15, 2014:
  • 27554, drl, XTO, Walton Federal 41X-19, Bear Den, no production data, 
  • 27586, drl, CLR, Melgaard 5-14H1,  Sadler, no production data,
Sunday, September 14, 2014:
  • 26476, drl, CLR, Rochester Federal 6-24H, North Tobacco Garden, no production data,
  • 27138, drl, MRO, Lantz 24-32TFH, Reunion Bay, no production data,
  • 27496, drl, Hess, EN-L Cvancara-155-93-2627H-4, Robinson Lake, no production data,
  • 27580, drl, BR, Sequoia 41-4TFH,  Hawkeye, no production data,
Saturday, September 13, 2013:
  • 27225, drl, Hess, BW-Kraetsch-149-99-1423H-3, Cherry Creek, no production data,
  • 27545, 739, CLR, Knox 1-16H, Winner, middle Bakken at 9,655 feet; 30 stages; 3.4 million lbs sand + ceramic; interesting: neither unusual number of stages OR unusual amount of proppant; geology report not yet filed; t6/14; cum 44K 8/14;
  • 27553, 3,645, XTO, Walton Federal 41X-19H, Bear Den, t9/14; cum 27K 9/14;
  • 27579, drl, BR, Sequoia 31-4MBH, Hawkeye, no production data,
  • 27832, dry, CLR, Jersey 29-6H, Alkali Creek, no production data,
CLR is going to report this well tomorrow. None of the wells in the immediate area even come close to the production numbers in the first two months. In fact, most of the wells in this area are "just ok." This well is north of Williston, in Williams County, near Divide County. It will be interesting to learn more about this well.
  • 27545, see above, CLR, Knox 1-16H, Winner, 13 days spud to total depth; a huge well,  
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare

Global Warming And Tilting At Windmills

I'm posting this for the archives. I assume no one will read the entirety of the linked article over at The New York Times. The article is on Germany's transition to renewable energy. It is costing the average German a lot of money, and there are questions whether the transition will even succeed. The article concludes:
“Indeed, the German people are paying significant money,” said Markus Steigenberger, an analyst at Agora, the think tank. “But in Germany, we can afford this — we are a rich country. It’s a gift to the world.”
I wonder if the average German is aware how little their efforts will result in anything meaningful. I wonder if the average German has looked at the graphic at the bottom of this article. Because it's always possible that the graphic will disappear some day, here are the data points. 
G-20 countries are largely liable for keeping this from happening, as they contribute about 85 percent of global carbon emissions. This chart shows the breakdown by country, with China coming in at a whopping 27.6 percent, and the U.S. trailing close behind at 16.7 percent:
  • China: 28%
  • US: 17%
  • Germany: 2.4%
  • UK: 1.5%
  • France: 1.1%
  • Italy: 1.1%
  • Other EU: 5.1%
  • India: 5.6%
  • Russia: 4.8%
  • Japan: 4.0%
  • Canada: 1.7%
  • Other: 16.4%

The Stephens Production Well North Of Minot, North Dakota -- September 14, 2014

A big "thank you" to the reader who sent me this.

Stephens Production has had two permits in North Dakota to date:
  • 25603, dry, Stephens Production, Matson 3-1, Glenburn (Madison), wildcat, 3-157-82, status date: 7/18/13
  • 29053, conf/the well pictured above, York 3-9, wildcat, 3-156-82 (six miles directly south of #25602)

The New Watford City High School -- September 14, 2014

I'll be gone the rest of the day -- three soccer games -- six hours.

But a reader sent me the link to this, enjoy:

The New Watford City High School