Sunday, December 25, 2016

Idle Chatter -- Nothing About The Bakken -- December 25, 2016

This speaks volumes.

The New York Times has a huge story about the "seating arrangement of the White House pool." If you hit a paywall, google changes coming to White House press room: who, where, when, and how. In the big scheme of things, it's a pretty ridiculous article. Whatever.

Meanwhile, CNBC has a thoughtful article on the Trump rally and trade issues with China.

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Did Warren Bet On The Wrong Battery Company In China?

Speaking of China, there's an interesting article about EVs, batteries and China being reported by Reuters. Data points and comments from the article:
  • EV battery plant located near Ningde, a third-tier city China's southeast
  • the company: Contemporary Amperex Technology: could be China's answer to Japan's Panasonic Corp and South Korea's LG Chem Ltd
  • CATL: has tripled its production capacity for lithium-ion car batteries in the past year
  • surge required to keep up with a surge in China's sales of electric cars 
  • growing very, very fast; has already overtaken LG Chem in lithium-ion car battery output; is chasing down Panasonic and Warren Buffett-backed BYD Co Ltd
  • CATL plans to grow its battery capacity sixfold by 2020 to 50 gigawatt hours; this could put it ahead of Tesla Motor Inc's gigafactory in Nevada
  • CATL was founded just five years ago; offices in Sweden, Germany, and France; plans to build a factory in Europe; due to non-disclosure agreements, can only list BMW as a customer for now
By the way, the article failed to mention where Ningde was located (except to say it was in the southeast). In fact, Ningde is in Fujian province; folks following the Chinese auto industry know the significance of Fujian province. On a US map overlaying China, Ningde would be in Florida, or maybe Georgia.

Much more at the link.

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 Wrong On So Many Levels

This is really cool. I missed it when I first read the story. But then watching Christie Hefner's recent keynote speech at Brandeis University on C-SPAN and then re-reading a few articles about free speech and the first amendment, resulted in some unusual dots being connected.

I assume folks are following the story linked over at Drudge: "Yes California," a pro-secession group, filed paperwork with the state attorney general in November for a proposed 2018 ballot measure to strike language in the state constitution binding California to the United States. This month, the group announced the opening of a "cultural center" in Moscow -- "the first of many planned California culture centers which will serve to build a bridge between the nation of California and the nations of the world," read a statement on Yes California's website.

What did I miss when I first read that article? I was concentrating on the issue of secession. The much bigger story is the location of their first "cultural center": Moscow.

It was like a light switch being turned on. The light: To the Finland Station, by Edmund Wilson, c. 1940.

Those who cannot remember the past are condemned to repeat it.

And, then, of course, the real irony: why would Californians want their first "cultural center" in a country run by Putin? Am I missing something? And Moscow in the winter? It seems, based on what little I know, France has a lot more in common with "Yes California" than Moscow. Or even Athens.

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A Note For The Granddaughters

Every Christmas there are three television shows that will be shown:
I think there's a new contender, but before I make my suggestion, I will check wiki for "classic Christmas movies" and see if it makes the list.
My suggestion was on neither list.

Apollo 13.

If Die Hard can make both lists (top 100, top 50) then certainly Apollo 13 needs to be on that list.

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 Down With A Cold

A little over a year ago, September 9, 2015, Queen Elizabeth II of England, became England's longest-serving monarch. She is 90 years old; her husband is 95.

Week 51: December 18, 2016 -- December 24, 2016

Without question, the big story internationally this past week had to do with how fast petrostates are burning through sovereign-wealth funds. This will have a bigger geo-political story than mainstream media is currently reporting.

Other international and national stories of note:
This, without question, was the big story in the Bakken this past week: the data shows a worker shortage is looming in the Bakken

Operations
Active rigs hit recent high of 42 for a day or two
Lime Rock's success with OXY USA wells
Oasis with case on the docket for 90 wells
Production change month-over-month by operator
Hess reports two high-stage, moderate volume fracks
Filloon Bakken update
Update on Whiting's Rolla Federal Wells

Pipelines
Blackstone Group in talks to buy a stake in Energy Transfer Partners, the company building DAPL
Update on the 2013 North Dakota Tesoro pipeline spill

Bakken 101
Overlapping drilling units in the Bakken; operators on top of each other

Bakken Economy
Alva J. Field crosses $5 million milestone
Bismarck public schools face growing pains

Miscellaneous
Huge livestock auction scheduled for Bowman, ND, in early January

Jump In Production After Well Taken Off-Line For Several Months -- December 25, 2016

This has been saved / posted on the private blog. 

First months of production for this well, typical for a Bakken well in a great location:

PoolDateDaysBBLSRunsWaterMCFMCFV/F
BAKKEN6-200927119281328244354154988297
BAKKEN5-20091468715809216268813811254
BAKKEN4-2009419061651648710853
BAKKEN3-2009281109010787409506804932
BAKKEN2-2009231120311359446508204967
BAKKEN1-2009231334214524677602305912
BAKKEN12-2008271567215230695729807170
BAKKEN11-20082820665207311490937209236
BAKKEN10-20082513595129371555613706017
BAKKEN9-20082313941149082134642406315
BAKKEN8-20083020138192831703992309777
BAKKEN7-20081719497180869496899808913

Later, this well was taken off-line for various reasons (but not due to fracking of neighboring wells) with this production profile. Note that this well did not appear to have any significant increase in production when it was taken off-line for a month or so and then brought back on-line. That is noted on two separate occasions below:

PoolDateDaysBBLSRunsWaterMCFMDFV/F
BAKKEN4-20133019742031121025362041345
BAKKEN3-2013311869183216208166610
BAKKEN2-2013281475158621486595190
BAKKEN1-2013311558137046375694160
BAKKEN12-20127370121445120
BAKKEN11-20120000000
BAKKEN10-20129768919245370181144
BAKKEN9-20123024622439941119210393
BAKKEN8-2012262243226311529638460
BAKKEN7-20123117301757169979060181
BAKKEN6-201294463791216133900
BAKKEN5-20120000000
BAKKEN4-2012222506252277129411840
BAKKEN3-20123141954229204234721920
BAKKEN2-2012917031639327767320
BAKKEN1-20123035083505104223620910
BAKKEN12-20112836253614103220720670
BAKKEN11-20113037173728113236522150
BAKKEN10-2011313963395210124312080196
BAKKEN9-201130384138951752432225825

Again, this well was taken off-line for two months or longer on two occasions and no jump in production was noted.

Now, note this production profile. Note the jump in production January, 2014. It was taken offline for a significant longer time than before (in the above production profile). Note, also the marked increase in water production after the well came back on line:

PoolDateDaysBBLSRunWaterMCFMCFV/F
BAKKEN1-201531342534964811572964418
BAKKEN12-20142832873216507941409364
BAKKEN11-201430376637616301384968232
BAKKEN10-201431407346685761486326970
BAKKEN9-20143042143695435155961369
BAKKEN8-20143146154605821169741540
BAKKEN7-2014152073204859578210704
BAKKEN6-2014305842617420232294432101
BAKKEN5-20143159785615284024611754552
BAKKEN4-20143058155841334325362041345
BAKKEN3-2014315590556438282589241818
BAKKEN2-20142861726183595426802420121
BAKKEN1-2014317058708983481894878861
BAKKEN12-201328419898968652
BAKKEN11-20130000000
BAKKEN10-20130000000
BAKKEN9-201315268725461544975584319
BAKKEN8-201387987751028476209230
BAKKEN7-201316132112372824343540
BAKKEN6-201326213623617228797510

The screenshot where this well is located:




I'm Here, But Don't Expect Any New Postings Today -- December 25, 2016

As good as it gets: