Futures -- October 15, 2017

Updates

October 16, 2017: the trillion dollar club.  Add Edward Jones to the $1 trillion club. Also, just making the cut: Wellington Management, Northern Trust, and PGM.

Later, 11:08 p.m. Pacific Coast time: it's now almost midnight and I have not checked the NFL scores for today and find that I do not miss the league at all. Surfing through the internet I see that Aaron Rogers was injured, but that's about all I know. I don't even know if the Green Bay Packers won or lost, and I have no interest.

Original Post 

Another NFL-free Sunday; played a new board game with extended family in Portland, OR: "The Quest for El Dorado." An incredibly fun game to play. It's a new game and has been getting good reviews.

Checking futures. Futures don't mean squat, but right now S&P 500; Nasdaq; and, the Dow futures are all green. WTI (futures) is up almost 1% -- flirting with $52.

Disclaimer: this is not an investment site. Do not make any investment, financial, travel, job, or relationship decisions based on what you read here or think you may have read here.

Time stamp/date: the tea leaves suggest before the end of the year (2017), Tesla is going to announce some serious news about its future.

Hepatitis A: Governor Jerry Brown declares a state of emergency in California / hepatitis. I find it interesting that no one (at least mainstream media) is talking about the reason for the epidemic. This is not rocket science.

Random Update On The Trans-Alaska Pipeline -- October 15, 2017

We haven't heard much about the Trans-Alaska Pipeline lately. Not good news.

The Denver Post, April 16, 2017:

The 800-mile Trans Alaska Pipeline System was built for extreme conditions. But as the state’s oil production has declined, the pipeline faces a new challenge: flows so sluggish operators worry the line may become unusable, cutting off access for hundreds of North Slope oil wells.

Every four days, a device known as a pig, a sort of industrial Q-Tip, is sent hurtling through the 48-inch-wide pipeline to scrub out debris.

So far, that’s kept the oil moving. But it comes at a price: higher transport costs for a product that’s already at an economic disadvantage to other supplies around the globe. Alyeska’s technical fixes should allow the pipeline to keep operating at volumes as low as 300,000 barrels a day, a threshold that could be reached by the middle of the next decade.

Tri-City Herald, October 5, 2017:

Nearly every Alaskan will wake up $1,100 richer Thursday, thanks to this year's payout from the state's oil wealth investment fund.

The distribution from the Alaska Permanent Fund is essentially free money for residents, who already don't pay a state income tax or statewide sales tax. But it's just half of the expected $2,200 windfall, which was reduced for the second straight year to help the state pay its bills amid a recession due to continued low oil prices.

Unlike previous distributions, the amount of this year's payout was quietly announced in mid-September in a short news release. Gone was the usual announcement made with great fanfare in other years.

Flashback: Malia Obama Interns With Harvey Weinstein; US Senate And Catholicism In America -- September 30, 2017

 YouTube nexus:

• videos of Trump alongside / photo ops with Weinstein: 0
• videos of Barack and Michelle Obama alongside / photo ops with Weinstein: too numerous too count
• Malia Obama interns with Harvey Weinstein

Remember, at the time this video was made, it was an "open secret" regarding Harvey Weinstein, known at least 2014:

Harvey Weinstein, a wonderful man -- Michelle Obama

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

DEMS: Catholicism In America

See also: top 50 Jewish personalities.

Google: federal court nominee catholic feinstein.

104,000 results

Page 1:

• Dianne Feinstein attacks judicial nominee's Catholic faith -- National Review
• Barrett grilled on Catholic faith -- The Daily Caller
• Senators take fire over questions for Catholic judicial nominee -- Politico
• Feinstein, a Catholic nominee and a dogma that didn't bark -- LA Times
• Feinstein, Durbin probe judicial nominee Amy Barrett on her Catholic ... --US News
• Democratic senators test Amy Barrett on Catholic beliefs -- The Atlantic
• Dianne Feinstein defends grilling of federal judicial nominee -- Washington Times
• Trump judicial nominee too Catholic for secular senators --NOLA
• Feinstein grills appeals court nominee on her Catholic faith -- The Blaze
• Dianne Feinstein renews her decades-long crusade against Catholic ... -- Washington Examiner

Page 2:

• Questioning of judicial nominee's Catholicism by Feinstein and Durbin ... --Philly
• Concerns of 'anti-Catholic bigotry' as judicial nominee questioned -- Catholic News Agency
• Senate democrats attack Trump judicial nominee's Catholic faith -- Fox News
• 'Catholics need not apply?' Senators accused of anti-Catholic bias at ... -- CBN 
• Trump nominee forced Feinstein to ask about her religion -- Sacramento Bee
• Senators' questions for judicial nominee draw accusations of anti ... -- American Magazine
• Sen. Dianne Feinstein defends comments on judicial nominee's faith -- Daily Signal
• Feinstein attacks federal judge nominee's faith: 'the dogma lives ... -- Free Beacon
• Feinstin attacks Catholic Judicial Nominee at hearing -- Townhall
• Catholic judicial nominee grilled by senators on her religious views ... -- NCR Online 

Wells Coming Off Confidential List This Next Week -- October 15, 2017

Monday, October 23, 2017
None.

Sunday, October 22, 2017
33080, conf, Whiting, Northern 31-30-1TFH,
32986, conf, Crescent Point Energy, CPEUSC Dressler 5-36-25-158N-100 TFH,

Saturday, October 21, 2017
29091, conf, Petro-Hunt, USA 153-95-23C-14-5H, 

Friday, October 20, 2017

• 33269, 732, QEP, ND Levant 8-16-21BHD, Grail, t5/17; cum 48K 8/17; no halo effect seen;
• 33268, 708, QEP, ND Levang 7-16-21T2HD, Grail, t5/17; cum 45K 8/17;
• 33267, 672, QEP, ND Levang 7-16-21BHD, Grail, 51 stages, 5 million lbs, t5/17; cum 43K 8/17;
• 31899, SI/NC, Crescent Point Energy, CPEUSC Dressler 2-36-25-158N-100W, Dublin, no production data,

Thursday, October 19, 2017

•  33081, 1,443, Whiting, Northern 31-30-2TFH, Springbrook, 42 stages; 6.8 million lbs, t5/17; cum 85K 8/17;

Wednesday, October 18, 2017

• None.

Tuesday, October 17, 2017

• None 

Monday, October 16, 2017

• 33082, 2,232, Whiting, Northern 31-30-2H, Springbrook, just a few miles northeast of Willston, 40 stages, 10.3 million lbs; t4/17; cum 150K 8/17;
• 25370, SI/NC, HRC, Fort Berthold 152-94-13B-24-2H, Antelope, no production data,

Sunday, October 15, 2017

• 30392, 2,112, Oasis, Hanover Federal 5300 13-14 7T, Willow Creek, Three Forks 1st bench, 50 stages, 4.1 million lbs, t5/17; cum 51K 8/17;

Saturday, October 14, 2017

• 32830, SI/NC, Enerplus, Smooth Green 152-94-18A-19H, Antelope, no production data,

Twelve New Permits -- October 13, 2017

Twelve new permits:

• Operators: Hess (6); Whiting (5): BR
• Fields: Truax (Williams); Epping (Williams); Elidah (McKenzie)
• Comments: Hess has permits for a six-well SC-TR Slette pad in Truax oil field (see graphic below); Whiting has permits for a five-well Rennerfeldt pad in Stockyard Creek / Epping (see below)

Sixteen permits renewed:

• CLR (11): three Elveida permits in Divide County; three Bliss permits in Divide County; two Boulder Federal permits in McKenzie County; two Thorvald permits and one Cuskelly permit, all in Dunn County
• EOG (5): four Burke permits in Mountrail County; one West Clark permit in McKenzic County

Four permits canceled:

• EOG (2): two Austin permits in Mountrail County
• Oasis (2): two Berry permits in Mountrail County

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

Other existing wells:

• 19189, 1,213, Hess, T R Slette 18-1H 153-98, Truax, t2/11; cum 270K 8/17; small bump in production in 4/13;
• 23299, 515, Hess, SC-TR Slette 153-09-1819H-2, Truax, t12/12; cum 133K 8/17;
• 23300, 941, Hess, SC-TR Slette 153-98-1819H-3, Truax, t12/12; cum 205K 8/17;

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

Existing wells:

• 22871, 2,457, Whiting, P Alice 154-99-4-3-27-4H3, t8/12; cum 256K 8/17;
• 20515, 2,462, Whiting, P Alice 154-99-4-3-27-4H, t8/12; cum 316K 8/17;
• 30836, loc, Whiting, P Earl Rennerfeldt 154-99-2-3-27-3H3, no production data;
• 30837, loc, Whiting, P Earl Rennerfeldt 154-99-2-3-27-3H, no production data;
• 30838, 1,974, Whiting, P Earl Rennerfeldt 154-99-2-3-27-2H3, t2/16; cum 180K 8/17;
• 30839, 2,135, Whiting, P Earl Rennerfeldt 154-99-2-3-27-2H, t2/16; cum 220K 8/17;
• 26032, 1,781, Whiting, P Earl Rennerfeldt 154-99-1-3-27-2H3, t3/14; cum 180K 8/17;
• 26030, 2,008, Whiting, P Earl Rennerfeldt 154-99-1-3-27-1H, t3/14; cum 198K 8/17;

• 19220, 1,057, Whiting, 20711 Saccaro 310 1H, Stockyard Creek, t11/10; cum 410K 8/17;
• 30840, loc, Whiting, P Earl Rennerfeldt 154-99-2-3-10-14H3, Stockyard Creek, no production data,
• 30841, loc, Whiting, P Earl Rennerfeldt 154-99-2-3-10-14H, Stockyard Creek, no production data,
• 30842, 2,592, Whiting, P Earl Rennerfeldt 154-99-2-3-10-15H3, Stockyard Creek, t1/16; cum 211K 8/17;
• 30843, 1,924, Whiting, P Earl Rennerfeldt 154-99-2-3-10-15H, Stockyard Creek, t2/16; cum 176K 8/17;
• 26031, 1,841, Whiting, P Earl Rennerfeldt 154-99-1-3-10-15H3, Stockyard Creek, t1/14; cum 139K 8/17;
• 26029, 2,492, Whiting, P Earl Rennerfeldt 154-99-1-3-10-16H, Stockyard Creek, t3/14; cum 195K 8/17;

The Number Of Bakken Wells Producing Over 30,000 Bbls/Month Continues To Increase -- October 14, 2017

A reader sent this note (slightly edited) regarding North Dakota Bakken production in August, 2017:

Based on the monthly production in the general statistics section of the NDIC O&G web page, these observations:

There were 66 wells in August that produced over 30,000 bbls of oil in the month. 

In August the top three wells were by Marathon; the next 3 by EOG. Marathon didn’t used to be known for high production rates from their wells as I recall? I don’t know how these wells compare to wells in other basins but these look pretty amazing.

I listened to the 8-9-17 conference call with CLR and they were pretty upbeat about the Bakken it seemed to me. They were very happy with the new enhanced completion techniques they were using. I think they said for one thing with the new technology they may have to revisit the proper spacing on the wells.

I think they are getting a lot more results close to the well bore and the frac jobs are not penetrating as deep. Seems that would be reflected in the halo affect? And they also suggested the area they consider to be core is growing with these better rates and all of their property will benefit from enhanced completion techniques and make those areas profitable at prices lower than previously thought.

See this post, also. 

I think the comment regarding infill density is the most interesting. Stay tuned.

Top 50 Livable Cities In The US -- October 14, 2017

Top 50 cities in which to live in the US:

50	New Rochelle	NY	Northeast
49	Layton	UT	West
48	Appleton	WI	North Central
47	Orem	UT	West
46	South Jordan	UT	West
45	Springdale	AR	South Central
44	Nashua	NH	Northeast
43	Bend	OR	Northwest
42	Kirkland	WA	Northwest
41	Franklin	TN	East Central
40	Clifton	NJ	Northeast
39	Palm Coast	FL	Southeast
38	Mount Pleasant	SC	Southeast
37	Beaverton	OR	Northwest
36	Waukesha	WI	North Central
35	Edmond	OK	Fly Over South
34	Danbury	CT	Northeast
33	Lawrence	KS	Fly Over Midcontinent
32	Enterprise	NV	West
31	Lexington-Fayette	KY	Southeast
30	Weston	FL	Southeast
29	Broken Arrow	OK	Fly Over South
28	Eagan	MN	Fly Over North
27	Metairie	LA	South Deep
26	Charlotte	NC	East Central
25	Meridian	ID	Northwest
24	Maple Grove	MN	Fly Over North
23	Olathe	KS	Fly Over Midcontinent
22	The Villages	FL	Southeast
21	Atascocita	TX	South
20	Woodbury	MN	Fly Over North
19	Lee’s Summit	MO	Fly Over Midcontinent
18	Waldorf	MD	Northeast
17	Hoover	AL	South Deep
16	Frisco	TX	South
15	Arlington	VA	East
14	Rochester Hills	MI	Fly Over North
13	Flower Mound	TX	South
12	Gilbert	AZ	Southwest
11	Mission Viejo	CA	West
10	Raleigh	NC	East
9	Columbia	MD	Northeast
8	O’Fallon	MO	Fly Over Midcontinent
7	Naperville	IL	Fly Over Midcontinent
6	Dale City	VA	East
5	Highlands Ranch	CO	West
4	Johns Creek	GA	Southeast
3	Arvada	CO	West
2	Centennial	CO	West
1	Carmel	IN	Fly Over Midcontinent

By state:

17	Hoover	AL	South Deep
45	Springdale	AR	South Central
12	Gilbert	AZ	Southwest
11	Mission Viejo	CA	West
5	Highlands Ranch	CO	West
3	Arvada	CO	West
2	Centennial	CO	West
34	Danbury	CT	Northeast
39	Palm Coast	FL	Southeast
30	Weston	FL	Southeast
22	The Villages	FL	Southeast
4	Johns Creek	GA	Southeast
25	Meridian	ID	Northwest
7	Naperville	IL	Fly Over Midcontinent
1	Carmel	IN	Fly Over Midcontinent
33	Lawrence	KS	Fly Over Midcontinent
23	Olathe	KS	Fly Over Midcontinent
31	Lexington-Fayette	KY	Southeast
27	Metairie	LA	South Deep
18	Waldorf	MD	Northeast
9	Columbia	MD	Northeast
14	Rochester Hills	MI	Fly Over North
28	Eagan	MN	Fly Over North
24	Maple Grove	MN	Fly Over North
20	Woodbury	MN	Fly Over North
19	Lee’s Summit	MO	Fly Over Midcontinent
8	O’Fallon	MO	Fly Over Midcontinent
26	Charlotte	NC	East Central
10	Raleigh	NC	East
44	Nashua	NH	Northeast
40	Clifton	NJ	Northeast
32	Enterprise	NV	West
50	New Rochelle	NY	Northeast
35	Edmond	OK	Fly Over South
29	Broken Arrow	OK	Fly Over South
43	Bend	OR	Northwest
37	Beaverton	OR	Northwest
38	Mount Pleasant	SC	Southeast
41	Franklin	TN	East Central
21	Atascocita	TX	South
16	Frisco	TX	South
13	Flower Mound	TX	South
49	Layton	UT	West
47	Orem	UT	West
46	South Jordan	UT	West
15	Arlington	VA	East
6	Dale City	VA	East
42	Kirkland	WA	Northwest
48	Appleton	WI	North Central
36	Waukesha	WI	North Central

By region:

10	Raleigh	NC	East
15	Arlington	VA	East
6	Dale City	VA	East
26	Charlotte	NC	East Central
41	Franklin	TN	East Central
7	Naperville	IL	Fly Over Midcontinent
1	Carmel	IN	Fly Over Midcontinent
33	Lawrence	KS	Fly Over Midcontinent
23	Olathe	KS	Fly Over Midcontinent
19	Lee’s Summit	MO	Fly Over Midcontinent
8	O’Fallon	MO	Fly Over Midcontinent
14	Rochester Hills	MI	Fly Over North
28	Eagan	MN	Fly Over North
24	Maple Grove	MN	Fly Over North
20	Woodbury	MN	Fly Over North
35	Edmond	OK	Fly Over South
29	Broken Arrow	OK	Fly Over South
48	Appleton	WI	North Central
36	Waukesha	WI	North Central
34	Danbury	CT	Northeast
18	Waldorf	MD	Northeast
9	Columbia	MD	Northeast
44	Nashua	NH	Northeast
40	Clifton	NJ	Northeast
50	New Rochelle	NY	Northeast
25	Meridian	ID	Northwest
43	Bend	OR	Northwest
37	Beaverton	OR	Northwest
42	Kirkland	WA	Northwest
21	Atascocita	TX	South
16	Frisco	TX	South
13	Flower Mound	TX	South
45	Springdale	AR	South Central
17	Hoover	AL	South Deep
27	Metairie	LA	South Deep
39	Palm Coast	FL	Southeast
30	Weston	FL	Southeast
22	The Villages	FL	Southeast
4	Johns Creek	GA	Southeast
31	Lexington-Fayette	KY	Southeast
38	Mount Pleasant	SC	Southeast
12	Gilbert	AZ	Southwest
11	Mission Viejo	CA	West
5	Highlands Ranch	CO	West
3	Arvada	CO	West
2	Centennial	CO	West
32	Enterprise	NV	West
49	Layton	UT	West
47	Orem	UT	West
46	South Jordan	UT	West