Thursday, July 21, 2016

One New Permit; Six Permits Renewed -- July 21, 2016

Active rigs:

Active Rigs3168196207180

Wells coming off confidential list Friday:
  • 27344, 3,051, BR, Stafford 13-34MBH, Blue Buttes, 28 stages, 4.4 million lbs, t5/16; cum 6K over 16 days;
  • 30920, SI/NC, WPX, North Segment 6-5-4 HB, Van Hook, no production data,
One new permit:
  • Operator: MRO
  • Field: Antelope (McKenzie)
  • Comments:
Six permits renewed:
  • BR (3): three Ransom permits in McKenzie County
  • Crescent Point Energy (3): three Legacy Et Al Berge permits in Bottineau County
One producing well completed:
  • 26902, 510, Petro-Hunt, Marinenko 145-97-30B-31-4H, Little Knife, t7/16; cum -- 
Global Warming Stories Changing?

It's probably just my imagination but it seems to me that the stories on "global warming" are changing. There seem to be more and more stories questioning "global warming" and much of the previous data appears to have been faked. Warren Buffett has taken a beating with lost coal shipments (BNSF). Except for a few cronies, not many folks are getting rich off windmills and solar panels. Germany has clearly gotten itself in a bind of unreliable energy. Several other western countries are clearly backtracking and/or re-evaluating where they stand. If accurate, this is not unexpected, as the global warming cheerleader-in-chief starts to wrap up his eight years in the White House. Clearly Donald Trump won't buy into the scam if he becomes president, and my hunch is that Hillary Clinton has bigger fish to fry than promote her predecessor's ideology when there won't be much there to make it financially or politically rewarding.  

Starbucks Dropped The Ball -- CEO

From Fortune:
[The CEO] blamed the timing of a major change to the company’s popular rewards program, which had previously given perks for frequent visits but now gives loyal customers free drinks depending on how much they spend. Starbucks made the change because it said some customers had been splitting their orders (for example, asking a cashier to ring up a coffee and bagel separately) to game the system and get rewards faster. That led to slower turnaround at the cash register.
But the change angered some, and led to some noise about how the loyalty program wasn’t as generous. Starbucks argues that isn’t the case but acknowledges that because of the change, there was a small dip in traffic.
I returned to Starbucks a few months ago, but after the change in their loyalty program and the announced increase in their prices, I avoid Starbucks when I can. When I do go to Starbucks -- I haven't been there in two or three months -- I do not ask about or care about or participate in the loyalty program. 

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