Wow, Wow, Wow! Sempra Is The Mystery Third Bidder For Oncor -- August 19, 2017

Link here. Sempra is the mystery third bidder for Oncor. Warren has said he has made his final offer. If so, it looks like Warren is out of the bidding. I'll leave the poll up just for the fun of it.

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Re-Charging

Some people have written me suggesting that it is "normal" for wells to come back with increased production when they are shut-in for a number of months and then brought back on line. That's not my impression in the Bakken; it may occur (sometimes/often) but I don't know if I can call it "normal" for wells to come back stronger simply from recharging (being taken off-line for several months).

When I see a Bakken well that has significantly increased production after being off-line for a while, I assume it is something other than re-charging until proven otherwise.

Here's an example of what I'm talking about. This well is in a great oil field, Clarks Creek, and yet after being off-line for almost a year, there was no bump in production once it was brought back on line (and, yes, perhaps the operator choked it back, limiting production):

• 20891, 603, EOG, Clarks Creek 12-0719H, Clarks Creek, t8/11; cum 268K 6/17:

Monthly production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	6-2017	25	2533	2488	7132	3764	796	2767
BAKKEN	5-2017	0	0	0	0	0	0	0
BAKKEN	4-2017	0	0	0	0	0	0	0
BAKKEN	3-2017	0	0	0	0	0	0	0
BAKKEN	2-2017	0	0	0	0	0	0	0
BAKKEN	1-2017	0	0	0	0	0	0	0
BAKKEN	12-2016	0	0	0	0	0	0	0
BAKKEN	11-2016	0	0	0	0	0	0	0
BAKKEN	10-2016	1	0	72	0	6	5	0
BAKKEN	9-2016	8	619	746	53	1398	1324	14
BAKKEN	8-2016	31	2554	2666	25	727	479	0
BAKKEN	7-2016	31	2338	2227	499	3132	2876	10
BAKKEN	6-2016	30	2162	2196	454	3966	3579	147

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Notes to the Granddaughters

While the older sisters are on their way to Nashville to see the eclipse, Sophia is shopping for groceries for Papa. Yes, she has my credit card. LOL.