In Case You MIssed It -- Two Incredible Wells Reported By Enerplus Today -- August 16, 2018; Unemployment Numbers Blow Through Consensus On The Good Side -- Making America Great Again

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Thursday, August 16, 2018: 38 wells for the month; 92 wells for the quarter

• 33291, 1,395, Enerplus, Ft Berthold 150-94-32C-29H, Spotted Horn, a very nice well; t2/18; cum 104K; over 100K in exactly four months; only 40 stages; only 7.99 million lbs of small sand; but it works out to 200,000 lbs/stage -- at the upper end for the Bakken;
• 33135, 1,591, Enerplus, Mandaree 150-94-32C-29H TF, Spotted Horn, a very nice well, another 100K+ well in less than six months; t2/18; cum 108K 6/18; 108K in just over four months; only 41 stages; only 8.2 million lbs sand (all small sand); but it works out to 200,000 lbs/stage -- at the upper end for the Bakken; CLR often uses about 167,000 lbs/stage;

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Jobs 

Weekly report: 

• consensus: 213 to 220K
• actual: 212K
• prior: 214K (revised)
• change: down 2,000 from previous week
• previous weeks have set all-time records, so I assume this continues the trend
• the range was 213K to 220K; not only did the actual number come in below the consensus, it was a whopping 8K below the high end consensus number