Random Update Of An MRO Lun Pad In Reunion Bay -- June 10, 2018

Updates

October 1, 2018: See this post.

Fracked:

• 34101, Briek, drl, fracked;

On same pad, next to be fracked:

• 34100, SI/NC, Nora Jones,
• 34102, SI/NC, Julia Jones,
• 34103, SI/NC, Dye USA,
• 34104, SI/NC, Hammerberg USA,

Will affect:

• 19514, off-line, Jones USA, t4/11; cum 524K 8/18;

Might affect:

• 29211, off-line, Doll USA, t6/15; cum 473K 8/18;
• 29210, off-line, Tony Lun USA, t6/15; cum 365K 8/18;

October 1, 2018: MRO is starting to frack these wells (#34100 - #34104, inclusive). This one has been fracked but still on drl/conf status:

• 34101, drl, MRO, Briek USA 13-14H, 33-053-08224, 8.1 million gallons water; 88% water by mass, Reunion Bay, fracked 7/29/18 - 8/16/18; 

Original Post

It certainly looks like #29211 might have been re-fracked (although not the production jump one would expect with a re-frack) but no data at FracFocus and no sundry form to suggest this well was refracked:

• 29211, 2,929, MRO, Doll USA 12-14H, Reunion Bay, t6/15; cum 457K 4/18;

Recent production data:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2018	30	6255	6245	1313	13844	11931	0
BAKKEN	3-2018	31	7121	7159	1624	17020	14943	0
BAKKEN	2-2018	28	7004	6868	2288	14192	11760	448
BAKKEN	1-2018	31	11040	10984	2965	19548	16745	380
BAKKEN	12-2017	18	6794	6751	1598	10948	8953	496
BAKKEN	11-2017	30	6671	6510	2161	10579	8388	438
BAKKEN	10-2017	17	3388	3505	559	6791	5620	232
BAKKEN	9-2017	30	6801	6865	958	14259	11503	853
BAKKEN	8-2017	31	7229	7243	1203	14504	11959	334

From an earlier post:

March 17, 2018: 29209, IA/2,776, MRO, Ernestine USA 11-14TFH-2B, why did this well go IA 1/18? #34100 - 34104, inclusive all SI/NC; the 4-well pad:

• 29208: Lun USA, off-line since 2/18;
• 29209: Ernestine, off-line since 1/18;
• 29210: Tony Lun USA, not off line; production fairly stable are around 4,000 to 6,000 bbls/month
• 29211: Doll USA, as above

The graphic:

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Cotton

A Note For The Granddaughters

Until earlier today I had only a very remote, passing interest in cotton. In another life, we lived in Alabama for two years and became slightly acquainted with cotton -- and thus the very remote, passing interest in cotton. Until today.

In 1421, The Year China Discovered America, Gavin Menzies, c. 2002, spent a bit of time discussing cotton and its genetics. Fascinating. So, after spending much of today reading about cotton and genetics (on the internet), I coincidentally find this article on cotton at The Wall Street Journal: 

China is re-emerging as a major consumer of U.S. cotton after years of stockpiling the fiber, a shift that together with poor growing conditions in Texas has sent prices surging to a six-year high.

The world’s most populous nation has purchased futures contracts covering more than 361,000 bales of U.S. cotton for 2019-20, according to U.S. Department of Agriculture data. That is enough to make 400 million T-shirts. China has never booked that much cotton that far in advance at this time of year, in data going back to 1998.

“It’s very unusual to have that many bales in the books,” said Peter Egli, risk manager at Plexus Cotton Ltd. “China is the biggest taker of forward sales.”

China’s return to global cotton markets is likely to mean a period of higher prices for a fiber used in most apparel, textiles and upholstery. It is also a boon to U.S. producers who have long labored under a market whose prices investors perceived to be capped by China’s cotton stores, which for years have accounted for more than half of all global stocks.

China announced this month that it intends to raise cotton import volumes, a move that could increase Chinese purchases of American fiber at a time when the Trump administration is calling for more imports from the U.S.

Hmmmm.....Trump ... tariffs ... 

Updating The Wells That Came Off The Confidential List In 2Q14 -- June 10, 2018

2Q14 wells are tracked here.

Just some of the wells of interest from wells that came off the confidential list in 2Q14.

Nice well:

• 25646, 607, EOG, Wayzetta 30-3230H, Parshall, t11/13; cum 703K 4/18; 

Just came off line:

• 26288, 2,046, MRO, Ell 21-1H, Murphy Creek, t2/14; cum 143K 4/18; off-line in 4/18;

Small jump in production in early 2018:

• 26454, 1,666, XTO, Broderson 31X-27G, Siverston, t7/14; cum 186K 4/18; 

Nice well, previously noted:

• 23541, 1,545, Enerplus, Honor 150-94-06B-18H TF, Spotted Horn, t6/14; cum 564K 4/18; 

Nice well, and has just come off line:

• 26419, 2,904, BR, Archer 14-25TFH, Charlson, t2/14; cum 434K 4/18; off line as of mid-3/18;

Pretty much off line since 12/17:

• 26170, 2,520, BR, Crater Lake 41-14MBH, Hawkeye, t4/14; cum 240K 4/18;

Finally, some Zavanna activity in 2018, previously noted:

• 25914, 1,060, Zavanna, Bills 5-8 1H, Crazy Man Creek, t8/14; cum 302K 4/18; 

These two wells have just come off line:

• 22707, 1,959, Bruin/HRC, Fort Berthold 151-94-26B-35-3H, Antelope, t4/14; cum 494K 4/18; off-lien as of 2/18;
  
• 22708, 1,776, Bruin/HRC, Fort Berthold 151-94-26B-35-2H, Antelope, t4/14; cum 294K 4/18; off-lien as of 2/18;

Several more huge EOG Wayzetta wells:

• 25647, 110, EOG, Wayzetta 31-3230H, Parshall, t10/13; cum 725K 4/18;
• 26028, 1,142, EOG, Wayzetta 41-2117H, Parshall, t12/13; cum 783K 4/18;  
• 25663, 219, EOG, Wayzetta 37-1617H, Parshall, t12/13; cum 456K 4/18; 
• 25853, 1,203, EOG, Wayzetta 34-2829H, Parshall, t12/13; cum 456K 4/18;

A Lodgepole well that was completed and is producing, albeit not much:

• 26738, A/TA, Hess, TI-Wao-157-95-14H-1, Tioga, this is a Lodgepole well; Hess will come back to this well on/about May 7, 2014, to drill this well to TD of 13,693 feet; and then complete it with a multi-stage acid frack; the company will core the upper and the middle Lodgepole; the company will also core the upper, middle, and lower Bakken; the company will core the 1st and 2nd benches of the Three Forks, and the upper 30' of the Three Forks third bench; 640-acre spacing for a Lodgepole well; t7/14; cum 32K 4/18;

Miss Williston Wins Miss North Dakota -- June 10, 2018

The Political Page, T+10 -- June 10, 2018 -- Why Not A Tariff-Free Zone For The G7? -- President Trump

Note: although it was scheduled, and pre-announced, effectively President Trump walked out of the G7 conference -- leaving early and not agreeing to sign any joint communique. The G7 conference, by all criteria, was a dismal failure. Trump saw that coming and left early.

Iran feels left out, from AP News:

For Iran, the so-called “Axis of Evil” has boiled down to a party of one, as President Donald Trump prepares for direct talks with North Korea.

With Saddam Hussein overthrown and Kim Jong Un now preparing for a planned meeting in Singapore with Trump, Iran remains the last renegade among former President George W. Bush’s grouping of nations opposed to the U.S.

For those in Tehran, whether hard-liners, reformists or people simply trying to get by in Iran’s worsening economy, it’s head-spinning, especially after seeing Trump pull America out of the nuclear deal with world powers.

“I am buying my insulin shots at double the price only because of Trump’s decision,” fumed Najmeh Songhori, a 35-year-old diabetic mother of two standing in front of a pharmacy in central Tehran. “Meanwhile he is trying to reach a deal with North Korea. Who is going to trust him?”

It wasn’t supposed to be like this. Excited crowds flooded the streets after the 2015 nuclear deal that Iran struck with world powers, including the U.S. under President Barack Obama.

The deal saw Iran agree to limit uranium enrichment in its nuclear program, which the West feared could be used to build a nuclear weapon. For Iran, which long has maintained its atomic program was for peaceful purposes, the deal took the shackles of sanctions off its economy and opened up its oil sales abroad.

No one believed it would bring massive change to Iran, which remains a Shiite theocracy overseen by Supreme Leader Ayatollah Ali Khamenei. But many hoped it would encourage further negotiations and normalize Iran’s relationships with the wider world.

So, insulin has doubled in price because of Trump. Everyone blames Trump. Even Soros. Much more at the link.

My thoughts exactly. From Fox News:

You know you’re getting somewhere when your opponents are all attacking you in the same way.

So President Trump should feel a strong sense of satisfaction with a job well done after leaving the slightly pointless Group of Seven (G-7) summit in Canada on Saturday for another likely far more consequential summit in Singapore with North Korea dictator Kim Jong Un.

Tariff-free zone: so why not a "tariff-free zone" among the G7? Hmmm? Now that's a thought. Why do the most wealthy nations in the universe even need tariffs?

Dog whistles: link here.

One of the best rebounders in his day. One of the most compelling NBA players to watch in his day. I don't recall watching him with the San Antonio Spurs but I often tuned in to a Chicago Bulls game just to see him play (Rodman, not Trump):

Funny How Things Turn Out

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