Wow, take a look at this CLR well:
- 33123, 2,904, CLR, Mountain Gap 10-10H, Rattlesnake Point, 63 stages; 15 million lbs, a huge, huge well; Mountain Gap wells are tracked here: t6/18; cum 127K 7/18; 74,624 MCF = 12,435 boe + 127,000 bo = 140K boe in two months. At $50/bbl, about $7 million at the wellhead.
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 7-2018 | 31 | 72321 | 72304 | 63098 | 74624 | 73769 | 480 |
| BAKKEN | 6-2018 | 30 | 52803 | 52816 | 52613 | 52548 | 51466 | 714 |
| BAKKEN | 5-2018 | 1 | 1702 | 1232 | 1041 | 847 | 832 | 15 |
| BAKKEN | 4-2018 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 3-2018 | 4 | 76 | 76 | 131 | 754 | 0 | 754 |
Texas highways: I just spent 90 minutes on the road taking the granddaughters to school, picking one up from 0700 (7:00 a.m.) dental appointment .... yada, yada, yada ... we actually "beat the bus" by 30 minutes ... the traffic was rush hour traffic and it flowed incredibly well -- mostly due to a) courtesy of Texas drivers; b) NASCAR philosophy -- no harm, no foul; and, c) the frontage roads. I wish everyone had the chance to drive Texas highways.
Goldman Sachs: on the radio I heard reports of economy growing twice as fast as GS forecast; the economy setting new records. Can't find the link on the internet. Yet.
Optimism. It's hard to believe CNBC would actually report this:
U.S. small business optimism surged to a record in August as the tax cuts and deregulation efforts of President Donald Trump and the Republican-led Congress led to more sales, hiring and investment.
The NFIB Small Business Optimism Index jumped to 108.8 last month, the highest level ever recorded in the survey's 45-year history and above the previous record of 108 in 1983, set during the second year of Ronald Reagan's presidency.
The August figure was up from a 107.9 reading in July.
But not to fear: CNBC then posts this -- "here's where he gets credit and what could go wrong."NO KO: rocket man did not put his nuclear missiles on display in the Sunday parade, I am being told. Kim has sent a second letter to Trump. Must be feeling the pressure. Trump will make almost every US president and every modern US president look like a wimp. One wonders if WWII would have been shortened by a full year had Trump been in office. By the time it's all over, Trump is going to out-Truman HST.
HST: Hunter S Thompson.
Disclaimer: this is not an investment site.
The market: buying opportunity. Everywhere. Wow, the market turned around fast. If you snooze, you looze.
Fees: the other day I mentioned that "we" were headed to no fee trading. Now this: Vanguard is losing the battle on two fronts in the "fees war." What a great country.
Speaking of losing: Turkey.
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