The Fracklog -- December 14, 2015

On December 10, 2015, I expressed my opinion that the number of wells waiting to be fracked seemed "odd." I had expected the number to increase, at least slightly, and probably significantly month-over-month (September to October). In fact, the Director's Cut suggested the fracklog had decreased but the "math" was not "correct."

The daily activity report released today was a fairly typical daily activity report and suggests why I was surprised by the number of wells on the fracklog.

In today's daily activity report -- a report that covered three days -- Saturday, Sunday, and Monday -- there were seven more DUCs. Of the eight wells that came off the confidential list (and not "permits canceled") -- of the eight wells that came off the confidential list over the three last days, seven of them were DUCs.

Over the same period of time, the same three days, there was reported only one producing well that was completed. With a typical daily activity report of seven DUCs and only one producing well being completed, we are taking one step forward, seven steps backward on the list of wells waiting to be fracked.

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A Week-Long Beer Summit Following False Arrest Of One Harvard Professor; The President Ignores San Bernardino -- Largest Terrorist Attack on US Soil Since "9/11"

The Los Angeles Times reports:

The overwhelming drama of Giuliani's first televised statements — which segued into round-the-clock news conferences and a constant physical presence in the wounded city by Guiliani, then-Gov. George Pataki and, occasionally, President George W. Bush — contrasted with the underwhelming response 11 days ago to the terrorist attack in San Bernardino.

Local officials arrived promptly, aided by geography. Gov. Jerry Brown showed up only briefly before heading to Paris for the international conference on climate change. President Obama has yet to visit, though his spokesman would not rule out a trip before his Hawaii vacation begins at the end of this week. Obama did deliver Oval Office remarks on the shooting, which appeared to do little to calm nerves.