Closing Out The Three Polls At The Sidebar -- November 3, 2015

Time to clean up the sidebar at the right; closing out the current polls.

What is primary reason for the recent rise in the price of WTI (up again today, over 2%):

• strength/weakness of the dollar: 12%
• fundamentals (US production declining): 35%
• Russia involvement in Syria: 18%
• market manipulation: 20%
• short squeeze: 12%
• Fed rate / budget deal: 2%

Today at Reuters:

Crude prices rose more than 2 percent on Tuesday as a rally in U.S. gasoline and diesel added support to oil markets already boosted by an industry strike in Brazil and force majeure for Libyan crude loadings.

Brazil production: 13% cut due to labor strike.The production hit comes as Petrobras is particularly strapped for cash.

This was a hard one: at what rate could DUCs be fracked during first six weeks of next turnaroud:

• 70 / week: 25%
• 56 / week: 23%
• 42 / week: 48%
• Other (20, 25, and 30 per week, each one vote): 4% 

This was actually the most important to me, to help me better understand the Bakken. Why do you think BR plans to re-enter #20336?

• re-work with no "major" activity: 8%
• re-frack: 37%
• drill a new horizontal sidetrack in same middle Bakken target: 16%
• drill a new horizontal to target a different formation in the middle Bakken: 37%
• never completed: 3%