October, 2016, NDIC Hearing Docket Agenda Posted

Link here for index.

I track NDIC hearing dockets here. 

Wednesday, October 19, 2016.

Thursday, October, 20, 2016.


Wednesday, October 19, 2016. Three pages.

25304, Jordan Exploration Co., LLC, Larson-Gunton Pool, redefine field limits; note to continue, Burke County
25305, QEP, Grail-Bakken, reduce setback rules; McKenzie County
25306, Petro Harvester Operating Co., LLC: Portal-Madison, extend boundaries; establish two 560-acre units; and two 640-acre units; 2 wells on each unit; Burke County
25307, Petro Harvester Operating Co., LLC, Customs-Midale/Nesson and Stony Run-Madison; establish two 640-acre units; 2 wells each; Burke County
25308, Petro Harvester Operating Co., LLC, Lignite-Madison, establish two 640-acre units, 2 wells each, Burke County
25309, Whiting, Mandaree-Bakken establish two overlapping 2560-acre units, 1 well each, Dunn
25310, Whiting, Twin Buttes-Bakken, establish a 1920-acre unit, 1 well, Dunn
25311, NDIC, review a treating plant permit in McKenzie County
25312, Hess, commingling
25313, Hess, commingling


Thursday, October 20, 2016. Fifteen (15) pages.

25314, Peregrine Petroleum Partners, Ltd, Flat Top Butte-Bakken, establish an overlapping 1280-acre unit; 6 wells, McKenzie
25315, WPX, Reunion Bay-Bakken, establish two overlapping 2560-acre units; 1 well on section lines, Mountrail
25316, CLR, Sanish-Bakken, one well, exception to rule, McKenzie, Mountrail
25317, NDIC, review a treating plant permit in Mountrail County
25318, NDIC, review a treating plant permit in Williams County
25319, NDIC, review a treating plant permit in Williams County
25320, NDIC, review a treating plant permit in Williams County
25321, SHD Oil and Gas and Spotted Hawk Development, LLC, risk penalty legalese involving WPX, McLean
25322, Peregrine Petroleum Partners, Ltd, pooling, Flat Top Butte-Bakken, McKenzie
25323, Peregrine Petroleum Partners, Ltd, pooling, Flat Top Butte-Bakken, McKenzie
25324, Peregrine Petroleum Partners, Ltd, Flat Top Butte-Bakken, 4 wells on an existing 128-acre unit
25325, Newfield, pooling, Sand Creek-Bakken, McKenzie
25326, CLR, pooling, Oakdale-Bakken, Dunn
25327, CLR, flaring, Long Creek-Bakken, Williams
25328, CLR, flaring, Crazy Man Creek-Bakken, Williams
25329, EOG, risk penalty legalese
25330, EOG, risk penalty legalese
25331, EOG, risk penalty legalese
25332, EOG, risk penalty legalese
25333, EOG, risk penalty legalese
25334, EOG, risk penalty legalese
25335, EOG, risk penalty legalese
25336, EOG, commingling
25337, EOG, commingling
25338, Statoil, pooling, Bull Butte-Bakken, Williams
25339, Statoil, pooling, Bull Butte-Bakken, Williams
25340, Statoil, pooling, Bull Butte-Bakken, Williams
25341, Statoil, pooling, Bull Butte-Bakken, Williams
25342, Statoil, pooling, Bull Butte-Bakken, Williams
25343, Statoil, pooling, Bull Butte-Bakken, Williams
25344, Statoil, pooling, Bull Butte-Bakken, Williams
25345, Statoil, pooling, Bull Butte-Bakken, Williams
25346, Statoil, pooling, Bull Butte-Bakken, Williams
25347, Statoil, pooling, Bull Butte-Bakken, Williams
25348, Statoil, pooling, Hebron and/or Squires-Bakken, Williams
25349, Statoil, pooling, Squires-Bakken, Williams
25350, Statoil, pooling, Squires-Bakken, Williams
25351, Statoil, pooling, Squires-Bakken, Williams
25352, Statoil, pooling, Squires-Bakken, Williams
25353, Statoil, pooling, Squires-Bakken, Williams
25354, Statoil, pooling, Squires-Bakken, Williams
25355, Statoil, pooling, Squires-Bakken, Williams
25356, Statoil, pooling, Squires-Bakken, Williams 
25357, Statoil, pooling, Squires-Bakken, Williams
25358, Statoil, pooling, Squires-Bakken, Williams
25359, Statoil, pooling, Squires-Bakken, Williams
25360, Statoil, pooling, Squires-Bakken, Williams
25361, Statoil, pooling, Squires-Bakken, Williams 
25362, Statoil, pooling, Squires-Bakken, Williams
25363, Statoil, pooling, Squires-Bakken, Williams
25364, Statoil, pooling, Squires and/or Painted Woods-Bakken, Williams
25365, Statoil, pooling, Painted Woods-Bakken, Williams
25366, Statoil, pooling, Painted Woods-Bakken, Williams
25367, Statoil, pooling, Painted Woods-Bakken, Williams
25368, Statoil, pooling, Painted Woods-Bakken, Williams
25369, Statoil, pooling, Painted Woods-Bakken, Williams
25370, Statoil, pooling, Painted Woods-Bakken, Williams
25371, Statoil, pooling, Painted Woods-Bakken, Williams
25372, Statoil, pooling, Painted Woods-Bakken, Williams
25373, Statoil, pooling, Painted Woods-Bakken, Williams
25374, Statoil, pooling, Painted Woods-Bakken, Williams
25375, Statoil, pooling, Painted Woods-Bakken, Williams
25376, Statoil, pooling, Painted Woods-Bakken, Williams
25377, Statoil, pooling, Painted Woods-Bakken, Williams
25378, Statoil, pooling, Painted Woods-Bakken, Williams
25379, Statoil, pooling, Painted Woods-Bakken, Williams
25380, Statoil, pooling, Painted Woods-Bakken, Williams
25381, Statoil, pooling, Painted Woods-Bakken, Williams
25382, Statoil, pooling, Painted Woods-Bakken, Williams
25383, Statoil, pooling, Painted Woods-Bakken, Williams
25384, Statoil, pooling, Painted Woods-Bakken, Williams
25385, Statoil, pooling, Painted Woods and/or Round Prairie-Bakken, Williams
25386, Statoil, pooling, Painted Woods and/or Tood-Bakken, Williams
25387, Statoil, pooling, Painted Woods and/or Rosebud-Bakken, Williams
25388, Statoil, pooling, Painted Woods and/or Rosebud-Bakken, Williams
25389, Statoil, pooling, Painted Woods and/or Rosebud-Bakken, Williams
25390, Statoil, pooling, Rosebud-Bakken, Williams
25391, Statoil, pooling, Rosebud-Bakken, Williams
25392, Statoil, pooling, Lake Trenton-Bakken, Williams
25393, Enduro, flaring, McGregor-Winnipegosis, Williams
25394, Enduor, flaring, North Tioga-Stonewall, Burke
25395, Enduro, flaring, Stoneview-Stonewall, Divide
25396, Enduro, flaring, Temple-Duperow, Williams
25397, Enduro, flaring, Temple-Winnipegosis, Williams
25398, Enduro, flaring, Stoneview-Madison, Divide
25399, Enduro, flaring, Moraine-Winnipegosis, Divide
25400, Enduro, flaring, Temple-Ratcliffe, Williams
25401, Enduro, flaring, North Tioga-Winnipegosis, Burke
25402, Enduro, flaring, Stoneview-Birdbear, Divide
25403, Enduro, flaring, Temple-Madison, Williams
25404, Enduro, flaring, North Tioga-Madison, Burke
25405, Ballard, SWD conversion, Bottineau

Huge Drop In First Time Unemployment Claims -- September 22, 2016

Due to family commitments, I am way behind in my blogging and won't catch up for several days. My replies to e-mail delayed. I will eventually get to everything readers send me.

Active rigs:

	9/22/2016	09/22/2015	09/22/2014	09/22/2013	09/22/2012
Active Rigs	33	68	196	185	185

RBN Energy: update on Alberta midstream projects. Projects continue despite upstream challenges.

More midstream projects than you might expect are “goin’ on” in the Western Canadian province of Alberta, considering the challenges that bitumen/crude oil and natural gas producers there continue to face. There are several drivers behind the relatively long list of oil and diluent pipelines; gas processing plants and fractionators; and oil/NGL storage facilities being built in Canada’s Energy Province, but much of the work is being done to meet the expected needs of oil-sands expansion projects approved during better times and set to come online soon. Today we begin a blog series on Alberta midstream projects with an overview of where the province’s energy sector stands today.

Producers in Alberta—the heart and soul of Canada’s energy sector—have had a rough go of it lately. In May, wildfires swept through parts of the oil sands region, forcing temporary shutdowns at several production sites that initially reduced the oil sands’ output by more than 1 MMb/d—or about one-third the area’s pre-fire production level. Output wasn’t back to near-normal until mid-summer, and surely the dislocations and damage caused by the fires (which scorched more than 1 million acres) have had more lasting personal (and business) effects.

Oil sands producers already had been dealing with low oil prices, which have hit them harder than most because their hydrocarbon-extraction processes more complicated and costly than their shale-play counterparts. Also, the Alberta oil sands are further away from most major refinery centers, particularly the U.S. Gulf Coast, and bitumen producers need to either add “diluent” (usually field condensate or natural gasoline, a.k.a. plant condensate or pentane plus) to their bitumen to allow it to flow through pipelines, or transport low-viscosity bitumen in special “coil” rail cars that can be heated before unloading—added costs that make $41/bbl oil an even more bitter pill to swallow.

Dakota Acccess Pipeline:

• things may come to a head a lot more quickly than some suspect; it will be interesting who blinks first
• North Dakotans are a conservative lot; they don't like spending money on "Ferguson follies"
• any problems in the Bakken are seen by most North Dakotans as a "western side of the state" problem
• as long as "western side of the state" problems did not affect Fargo, most North Dakotans did not care much what was happening out west
• that all changed with a $6 million bill to be paid by the state for "Ferguson follies"; and that's just a first downpayment
• Standing Rock is wearing out its welcome
• throw that in with the "politically correct" decision on the "Fighting Sioux" decision and it all gets pretty nasty pretty quickly

Saudi Arabia update. Data points from Forbes:

• exports surge month-over-month in July, 2016
• exports in July: 7.622 million bopd
• increased by 166,000 bopd (2.2%) 
• 7,622,000 - 166,000 =  7,456,000. Then, 166,000/7.456 million = 2.2%
• Saudi cuts domestic use by 7,000 bopd to 697,000 bopd (1%) -- inconsequential
• you decide: Forbes call a 2%increase in exports: a "surge" 
• color me unimporessed
• but if they want to give their oil away for $40/bbl, that's fine with China
• meanwhile, it is being reported elsewhere that Saudi Arabia is meeting with Iran prior to the Opec meeting later this month in Algiers, Algeria, September 27, 2016

Natural gas prices surge. Data points from The Salt Lake Tribune:

• pricing now more than $3/million BTU (reported by RBN Energy, also)
• first time in 16 months price is over $3/million BTU
• due to hot weather / air conditioning
• nuclear plants shut down for seasonal refueling and maintenance
• US shale producers have cut back on production
• natural gas deliveries up 28 percent from same time last year
• 23 US nuclear plants (23% of total capacity) slated to shut down for refueling in the three months through November

Abrams M1 tanks:

• manufactured by Chrysler Defense (now General Dynamics Land Systems)
• unit cost: $9 million
• From wiki: 

General Dynamics Land Systems operates the Lima Army Tank Plant and GDAO (General Dynamics Anniston Operations) in Anniston, Alabama along with smaller operations in Tallahassee, FL and Scranton, PA. The headquarters are located in Sterling Heights, MI.

General Dynamics Land Systems (GDLS) Canada, a London, Ontario-based defense subsidiary to General Dynamics has a 14-year $15-billion deal to supply light armoured vehicles to Saudi Arabia.

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Ballad of the Thin Man

Something is happening, and you don't know what it is.

Rush Limbaugh had an incredibly good program yesterday (September 21, 2016); he may have been the first to see the legacy of the thin man; at least the first to report it -- 

Something is happening but you don't know what it is.

Charlotte. Baltimore. Ferguson. DAPL, NYC/NJ.

Riots new normal under second black president. 

Congress impotent. Supreme Court quiet. 

Mainstream media not paying attention.

Ballad of a Thin Man, Bob Dylan

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Job Watch

Did Janet Yellen do the right thing: no rate increase?

• new claims: 252K; a huge drop from the consensus
• consensus was for 261K  
• prior: 260K
• first time claims plummet by 8,000
• four-week moving average: down to 258,500 from 260,750

Yellen should have raised rates. Initial jobless claims match lowest level since April.

****************************

The Market

Mid-day: Dow 30 up 124 points. NYSE:

• new highs: 127, including Apache (APA); MDU;
• new lows: 0

Open: pops. Up 136 points. WTI up $1.13.

Futures: Dow 30 up 70 points. WTI back in the sweet spot at $46.20. The sweet spot is $46 - $52.

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Please, Mr Jailer, Won't You Let My Man Go Free

Please, Mr Jailer, from "Cry Baby"

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Darwinian

Idiots

The 3.5 MM Headphone Jack Non-Story

Anyone paying attention knows why Apple removed the 3.5 mm headphone jack from their new iPhone.

And anyone paying attention knows that every pair of existing headphones still works with the new iPhone.

Assuming you don't throw out the cord.

From Finance!Yahoo:

The problem for me? I accidentally threw it out with the paper packaging the adapter came with. Based on sheer principle, I refuse to fork over $9 for something I’ve taken for granted on every single iPhone I’ve owned since 2007. But now I have 4 pairs of “old school” EarPods lying around that are semi-obsolete. 

I can't make this stuff up. Why would anyone actually admit this?
 
In the military we called this a personal problem. This idiot has a $700 iPhone with a chip inside that is faster than the chip in the $6,500 MacBook Pro and he won't spend $9 on a cord. To replace the cord he threw out. How in the world does anyone throw out a cord? Something tells me this whole story is bogus. Or we're dealing with an idiot. 

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The Political Page

At least one media outlet is now going to report live poll results -- perhaps based on exit surveys as soon as results become available even if polls have not closed on the west coast.

We all know California will vote for Hillary.

If it's reported before the polls close in California that Trump has taken Pennsylvania, Ohio, and Florida, will that affect the turnout in California? 

Five New Permits -- September 22, 2016

Updates

August 1, 2017: halo effect noted on BR's Veeder well, #16473, summer of 2013.

Original Post

 

Active rigs:

	9/22/2016	09/22/2015	09/22/2014	09/22/2013	09/22/2012
Active Rigs	33	68	196	185	185

No wells coming off confidential list Friday.

Five (5) new permits, Wednesday, September 21:

• Operator: BR
• Field: Blue Buttes (McKenzie)
• Comments: five State Veeder permits, section 36-150-96; see below.

One producing well completed:

• 27275, 1,080, Petro-Hunt, Klatt 145-97-18A-19-2H, Little Knife, t9/16; cum -- 

************************************ 

State Veeder and Kummer Permits

The new BR permits:

Other wells in the immediate area:

• 20469, conf, BR, State Veeder 44-36TFH, Blue Buttes, 
• 24229, 2,900, BR, State Veeder 11-25TFH, Blue Buttes, 30 stages, 3.3  million lbs, t5/13; cum 259K 7/16; off-line much of 6/16 and 7/16;
• 24230, 2,927, BR, State Veeder 11-25MBH, Blue Buttes, 30 stages, 3.3 million lbs, t5/13; cum 251K 7/16; off-line intermittently from 4/16; through 7/16;
• 16473, 351, BR, State Veeder 41-36H, Blue Buttes, open hole, 1 million lbs - not sure if for each leg, or total; I believe it was total for both legs, t4/07; cum 156K 7/16; off-line all of 7/16; 

Note that Blue Buttes is immediately west of the Grail oil field.