Taking Advantage Of The "SI/NC" Rule? -- February 2, 2019

This well was fracked back in February, 2018; it reached total depth on August 11, 2017:

NDIC File No: 32961     API No: 33-053-07744-00-00     CTB No: 232960 Well Type: OG     Well Status: NC     Status Date: 8/11/2017     Wellbore type: Horizontal Location: SESE 32-152-98     Footages: 228 FSL 424 FEL     Latitude: 47.935300     Longitude: -103.242336 Current Operator: OASIS PETROLEUM NORTH AMERICA LLC Current Well Name: CEYNAR 5298 44-32 12T Elevation(s): 2184 KB   2159 GR   2162 GL     Total Depth: 21309     Field: BANKS Spud Date(s):  6/27/2017 Casing String(s):  13.375" 2260'   7" 11562'   Completion Data    Pool: BAKKEN     Status: SI     Date: 8/11/2017 Cumulative Production Data    Pool: BAKKEN     Cum Oil: 129488     Cum MCF Gas: 279359     Cum Water: 196159

Monthly Production Data Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 11-2018 30 28804 28518 32068 72435 67889 4066 BAKKEN 10-2018 19 12646 12471 15053 31312 21032 9976 BAKKEN 9-2018 30 26562 26759 34453 53761 38305 14976 BAKKEN 8-2018 31 21735 21615 30161 42356 24526 17334 BAKKEN 7-2018 31 20593 20569 31945 40547 33135 6916 BAKKEN 6-2018 29 14455 14402 25546 28696 28232 0 BAKKEN 5-2018 15 4693 4693 26933 10252 9612 400

NDIC File No: 32960     API No: 33-053-07743-00-00     CTB No: 232960
Well Type: OG     Well Status: NC     Status Date: 8/25/2017     Wellbore type: Horizontal
Location: SESE 32-152-98     Footages: 228 FSL 391 FEL     Latitude: 47.935299     Longitude: -103.242201
Current Operator: OASIS PETROLEUM NORTH AMERICA LLC
Current Well Name: CEYNAR 5298 44-32 13B
Elevation(s): 2184 KB   2159 GR   2166 GL     Total Depth: 21170     Field: BANKS
Spud Date(s):  6/22/2017
Casing String(s):  13.375" 2248'   7" 11518'  
Completion Data
   Pool: BAKKEN     Status: SI     Date: 8/25/2017
Cumulative Production Data
   Pool: BAKKEN     Cum Oil: 196583     Cum MCF Gas: 416552     Cum Water: 171198

Monthly Production Data

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2018	30	25886	25902	21400	57753	53207	4066
BAKKEN	10-2018	31	31578	31144	26334	62189	61693	0
BAKKEN	9-2018	30	32852	33191	21499	65771	50620	14671
BAKKEN	8-2018	31	37361	37145	28814	73009	47881	24632
BAKKEN	7-2018	31	32781	32752	26941	72566	72070	0
BAKKEN	6-2018	30	25280	25186	25122	59725	48293	10952
BAKKEN	5-2018	15	10845	10845	21088	25539	24899	400

NDIC File No: 32959     API No: 33-053-07742-00-00     CTB No: 232958 Well Type: OG     Well Status: NC     Status Date: 9/7/2017     Wellbore type: Horizontal Location: SESE 32-152-98     Footages: 228 FSL 358 FEL     Latitude: 47.935299     Longitude: -103.242067 Current Operator: OASIS PETROLEUM NORTH AMERICA LLC Current Well Name: CEYNAR 5298 44-32 14TX Elevation(s): 2184 KB   2159 GR   2170 GL     Total Depth: 21191     Field: BANKS Spud Date(s):  6/24/2017 Casing String(s):  13.375" 2262'   7" 11652'   Completion Data    Pool: BAKKEN     Status: SI     Date: 9/7/2017 Cumulative Production Data    Pool: BAKKEN     Cum Oil: 137386     Cum MCF Gas: 311431     Cum Water: 275951

Monthly Production Data Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 11-2018 22 12739 12766 20974 42205 12111 29742 BAKKEN 10-2018 31 20562 20320 33884 39636 36907 2233 BAKKEN 9-2018 30 18819 18866 36194 39846 24881 14485 BAKKEN 8-2018 31 24366 24340 44140 50182 40407 9279 BAKKEN 7-2018 31 17222 17201 37954 38434 36634 1304 BAKKEN 6-2018 29 19967 19967 38048 46065 42042 3559 BAKKEN 5-2018 31 23534 23611 57016 54367 51957 1914 BAKKEN 4-2018 1 177 100 7741 696 680 0

CLR's Jersey Wells In Alkali Creek Have Been Updated -- February 2, 2019

The CLR Jersey wells in Alkali Creek have been updated.

Look at this well:

• 27881, 3,105, CLR, Jersey 19-6H1, Alkali Creek, Three Forks 1, 74 stages; 13.3 million lbs, t6/18; cum 187K 12/18;

Production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2018	31	22207	21990	27896	49945	22782	25892
BAKKEN	11-2018	30	23200	23094	23990	40307	38801	270
BAKKEN	10-2018	31	22973	23096	26839	45648	26731	17728
BAKKEN	9-2018	30	23293	23255	32928	46757	39280	6286
BAKKEN	8-2018	24	20955	21667	26696	35180	31333	2699
BAKKEN	7-2018	31	38308	38034	46218	69864	38806	29267
BAKKEN	6-2018	25	32753	31527	46966	64032	20711	41795
BAKKEN	5-2018	7	3719	3719	3507	3742	0	3742

Why is this well important?

• the permit is an old, old permit; finally drilled/completed
• it's a Three Forks first bench well
• 187K in seven months

Where In The World Is Amad? -- February 2, 2019

Position received January 31, 2019.

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

The Katie Ledecky Page

We last spotted an article on Katie Ledecky on January 5, 2019.

Since then:

The linked article continues:

Ledecky won the night’s first event, taking the women’s 200m free title in 1 minute, 55.78 seconds ahead of teammate and fellow Olympic champion Simone Manuel (Sugar Land, Texas/Alto Swim Club/First Colony), who touched second in 1:58.52.

Ledecky, the defending women’s TYR Pro Swim Series champion, followed just over an hour later with the 400m IM victory in 4:39.39 after overtaking fellow Olympian Hali Flickinger (Spring Grove, PA/Athens Bulldog Swim Club) with 35 meters to go.

Flickinger finished in 4:39.80 for second.

As noted earlier,  I now follow Katie Ledecky on twitter.

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

PGA Controversy

Something tells me this story has legs: https://www.golfdigest.com/story/webcom-tour-championship-winner-latest-victim-of-two-stroke-penalty-for-having-his-caddie-line-him-up.

PGA officials are looking at an earlier incident, same rule violation, involving Justin Thomas, the tournament leader earlier in the week. Justin Thomas is a big, big name on the circuit right now. It will be interesting how the PGA handles this one.

On another note, Ricky Fowler is doing very, very well. I hope he wins. 

And, as long as I'm rambling: we're all going to miss Johnny Miller very, very much. Wow, he is good.

Bakken 101 -- Bakken 2.5 -- February 2, 2019

Folks may want to archive this SeekingAlpha article and come back to it in ten years. Archived.

I don't have time to go into it now, but this well "proves my point":

• 17089, 400, CLR, Bridger 44-14H, t4/08; cum 358K 12/18; and then back on confidential; re-fracked 4/17;

Recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2018	31	5953	5923	8264	23127	22419	296
BAKKEN	11-2018	30	9996	9821	14281	20955	20175	400
BAKKEN	10-2018	29	5107	5328	11802	13914	12690	850
BAKKEN	9-2018	30	7595	7529	13997	22884	22482	0
BAKKEN	8-2018	29	8008	7909	10978	22217	21886	0
BAKKEN	7-2018	31	12224	12493	15504	29147	28302	441
BAKKEN	6-2018	5	1521	1131	2108	2572	1717	811
BAKKEN	5-2018	30	13753	13906	13509	24607	18402	6205
BAKKEN	4-2018	28	14426	14612	12061	20829	19363	1466
BAKKEN	3-2018	26	13665	13550	12928	19800	19415	385
BAKKEN	2-2018	26	18304	18362	15500	25927	25927	0
BAKKEN	1-2018	23	12507	12087	9752	13229	12402	827
BAKKEN	12-2017	17	8018	8624	6968	9880	9880	0
BAKKEN	11-2017	30	16622	16901	19907	19639	19639	0
BAKKEN	10-2017	31	22673	21904	16941	24616	22715	1901
BAKKEN	9-2017	27	18302	18465	15589	19122	16196	2926
BAKKEN	8-2017	31	27510	27488	27427	28501	21738	6763
BAKKEN	7-2017	5	2102	2047	837	1178	85	1093
BAKKEN	6-2017	1	519	230	1306	317	0	317
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	0	0	0	0	0	0	0
BAKKEN	9-2016	0	0	0	0	0	0	0
BAKKEN	8-2016	0	0	0	0	0	0	0
BAKKEN	7-2016	6	335	644	87	433	66	367
BAKKEN	6-2016	30	2106	2220	602	2532	159	2373
BAKKEN	5-2016	31	2319	2231	677	2778	34	2744
BAKKEN	4-2016	30	2141	2021	605	2542	247	2295
BAKKEN	3-2016	31	2076	2036	667	2494	16	2478
BAKKEN	2-2016	26	2085	2201	935	2472	34	2438
BAKKEN	1-2016	31	2849	2922	1090	3370	37	3333
BAKKEN	12-2015	27	2602	2678	1158	3065	0	3065
BAKKEN	11-2015	3	321	227	82	382	0	382

Hess: 4Q18

Hess earnings, 4Q18, as it pertains to the Bakken and earnings in general:

• Earnings
• 4Q18: net loss, $4 million or 5 cents/share
• 4Q17: net los of $2,677 million -- or $2.677 billion, or $8.57/share
• adjusted net loss
• 4Q18: $77 million; 31 cents/share
• 4Q17: $304 million, $1.01/share
• production, crude oil/natural gas, average:
• Libya: 267K boepd
• Bakken: 126K boepd, p 15% from 110,000 boepd one year ago

Expectations:

• non-GAAP EPS of -31 cents beats by 6 cents; GAAP EPS of 5 cents (I assume that's a minus five cents) beats by 38 cents
• Hess +0.4% pre-market after beating Wall Street estimates for Q4 earnings and revenues, driven by higher output in the Bakken shale region and off the U.S. Gulf of Mexico
• Hess says total Q4 production fell 5.3% Y/Y to 267K boe/day from 282K boe/day in the year-ago quarter, but Bakken net production totaled 126K boe/day, up 15% Y/Y from 110K boe/day.
• the company forecasts FY 2019 output of 270K-280K boe/day vs. 2018 net production, excluding Libya and assets sold, of 248K boe/day, with 2019 E&P capital and exploratory expenditures seen at $2.9 billion
• Hess says its average realized selling price, excluding hedging, rose to $58.11/bbl in the quarter from $57.32/bbl a year earlier
• oil and gas proved reserves at year-end 2018 totaled 1.19 billion boe vs. 1.15 billion boe at year-end 2017

Phil Predicts An Early Spring! -- 2019

Week 5: January 27, 2019 -- February 2, 2019

Top story of the week: without question -- the economic news

• major oil companies slamming earnings; COP as it pertains to the Bakken;
• the "Fed" has turned dovish or skittish
• the jobs numbers were incredible
• the market looks like it may be trending higher
• WTI: broke through $55

Top non-story of the week: as cold as it was, the "polar vortex" mostly set new "cold" records, but not much else; NoDaks have experienced this for generations, keeping the riff-raff out;

Top North Dakota energy story

• Judge rejects with prejudice yet another appeal to stop the Davis refinery 

Geoff Simon's top North Dakota energy stories

• North Dakota senate kills extraction tax increase (the bill was sponsored by an eastern democrat, surprise, surprise)
• North Dakota senate rejects infrastructure bill tapping Legacy funds (sponsored by a Republican from Minot; I have mixed feelings on this one; the worst part: another 9-member board would be formed)
• the Williston area public school stories

Operations
The Bruin Fort Berthold wells are monsters; here; here; here;
Update on record-IP wells;
MRO may have a record well in the Bakken;
Enerplus getting ready to frack its "lizard" pad
Ms CHSU 22D, #16123, a South Red River well, goes over the one-million-bbl mark
Happy Birthday, Mr Greni, 46 years old and going strong
An old, old 2-million-bbl Madison well with a jump in production
Petro-Hunt with a million-bbl well drilled 35 years ago
Bakken well drilled in 2011 closing in on one million bbls

Refineries
Update on the Davis refinery; and, here;

Bakken economy
Williams County PSD #8 moving forward on Missouri Ridge School

Off The Net In A Few Minutes -- February 2, 2019

Some random comments before I go.

The Bakken: the wells in the Bakken are getting better and better. It's quite phenomenal.

• the bad news: we're in the manufacturing stage; about the only thing we're seeing is in-fill wells; that means things are coming to an end in the Bakken
• the good news: the NDIC estimates anywhere from 20 to 70 more years of drilling. Seventy more years of drilling. The last well drilled will produce for 35 years. At least one hundred more years of oil activity in the Williston Basin
• more good news: the Tier 1 footprint in the Bakken/Three Forks is expanding
• the bad news: we're still waiting for the new USGS survey of the middle Bakken / Three Forks first bench
• the good news: "we" still haven't even touched the second or third bench of the Three Forks
• more good news: it's very possible, the "heavy oil" formations in the Williston Basin will see a bit more activity now that US refineries along the gulf coast are scrambling for heavy oil

Echo dot/Alexa: incredible. I don't have "Kindle" yet but I'm tempted. Because of Echo Dot/Alexa, I now have Amazon Music -- another revenue stream for Jeff Bezos. I have had Amazon Prime (another revenue stream) which includes movies and television series (for "free") that will last me a lifetime. Everyone talks about the Apple "ecosystem." Amazon is beating Apple -- and this comes from Apple fanboy #3. If I had one thought on why this is occurring: Jeff Bezos releases products even before they get to the "beta" stage (some hyperbole here, but I'm trying to make a point) whereas Apple won't release anything until it's been vetted well beyond the "sell-by-date." Apple seems terrified of bad press. Best example: even Facebook/Mark Zuckerberg is "beating" Apple/Tim Cook. Everyone knows Facebook knows the privacy / social medial security worries are bogus.  Leonard Cohen wrote about the Apple/Facebook feud years ago.

Everyone Knows, Leonard Cohen
Firefox: maybe it's just me, but after the most recent upgrade, the Firefox browser seems much crisper; that makes no sense, but I'm really impressed with Firefox. Except for one site (where I use Safari) I only use Firefox.

Scott Adams: I no longer follow him on Twitter. His re-tweets were superb but he has fallen off the rails. I now follow Katie Ledecky instead of Scott Adams. Hopefully Katie will stay in her lane.

Virginia: the state. Fascinating to follow. Rush Limbaugh had fascinating insights on the entire issue. 

Flashback: The Williston Refinery East Of Williston -- February 2, 2019

Comments

I think the best thing about "the original post" is the  human interest aspect.

I never met Hugh Routh. I wish I had. I would have enjoyed listening to his stories. Paraphrasing Stephen Hawking, "we all stand on the shoulders of great men and women." But here is another individual who came to remote, cold, desolate northwestern North Dakota and stayed for 33 years, even after retiring, did not want to leave his "home." Of the names mentioned in his obituary, I recognize a lot of the names but do not recall any personal anecdotes.

I did meet Bill Shemorry. I knew him as well as I knew anyone of his generation when I was in high school. He would not remember me, and he never had time for me. That's probably fortunate; had he taken me under his wing, I would probably be a photo-journalist struggling in some remote region of the world. But he was way too busy to mentor me. Wow, he was everywhere. Every Williston High School sports event; every Virgil Syverson "Band Day"; every political event; every civic event; every significant oil story, and even some not so significantly. One of his most famous oil rig photographs was on the cover of the Williston telephone directory some years ago. I had a copy of that directory for years; don't know if it's still in storage or not. I'm sure the photo is available in his collection. I always admired Bill Shemorry (from a distance). Willistonites are incredibly fortunate he captured the early history of Williston. It's almost as if he knew that Williston was destined for fame and notoriety. As I'm rambling...I have to look him up in my books on the history of North Dakota ... something tells me I will find more than a few mentions of his name.

The Original Post 

Just for the fun of it, let's see if we can find anything on the Flying J Refinery, Williston, ND.

Fact sheet.

• 42 acres
• built in the early 1950s
• refining activities have been shut down since 1984
• commercial product storage activities ceased in 1986
• in 2004, Flying J initiated landfarming; risk-based concentrations were established for contaminated soils; served as cleanup goals; after two seasons of landfarming, all concentrations were between or below the RBCs. Based on those results, in-situ landfarming had met its cleanup goal and is considered complete

Shemorry photograph, this would be from the north, looking to the south, toward the river:

My hunch is that the "Muddy River boys" explored the Missouri River marsh seen in the photograph above.

I was given a soft cover copy of this book as a gift -- from a reader of the blog. A huge "thank you." Given to me some years ago. It looks like it may be out of print but available electronically.


Hugh Routh:

Great Essay On The Davis Refinery Near Dickinson, ND -- At The Oilman Magazine -- February 2, 2019

700 acres of land. Compare that to the Williston refinery -- which was fairly substantial for Williston back in the 1950s -- on only 42 acres of land. 

Link here.

For years, the Bakken has been known to be a major oil and gas hub and it is the third largest U.S. shale oil field, behind the Permian Basin and Eagle Ford, in Texas. Primarily located in North Dakota, it also runs through Montana and two Canadian provinces – Manitoba and Saskatchewan....

The advantageous Bakken location was not lost on Meridian Energy Group, Inc., a leading developer of innovative advanced technology and environmentally‐compliant oil refining facilities, as they are currently in the process of building a state‐of‐the‐art crude oil refinery on over 700 acres of land (actual refinery footprint is about 150 acres) near Belfield, North Dakota – the heart of the Bakken. The Davis Refinery will be located close to oil and gas pipelines and major transportation highways. The Burlington Northern Santa Fe rail line runs directly through the refinery site, facilitating the construction of a crude oil feedstock offloading and refined fuels uploading terminal. Its location is strategic, placing it with direct access to major transportation infrastructure.

Archived.

The Six-Well Bruin Fort Berthold Pad, NENE 26-151-94

For the six-well pad to the west of this three-well pad, see this post.

The graphic:

The wells:

• 30541, 4,871, Bruin, Fort Berthold 151-94-26A-35-4H, Antelope-Sanish, t6/18; cum 374K 12/18; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	12-2018	24	24110	24405	16587	51431	28435	18516
SANISH	11-2018	22	14137	14213	12924	22550	9676	10733
SANISH	10-2018	31	43691	43822	30933	65025	27559	32588
SANISH	9-2018	30	52975	53044	56150	60629	46067	5677
SANISH	8-2018	31	72516	72408	63718	90671	45480	39524
SANISH	7-2018	31	63800	63646	74543	90608	42893	42889
SANISH	6-2018	30	95315	95959	67134	67211	37232	25562
SANISH	5-2018	15	7799	6657	26169	13921	7572	3178

• 30542, 2,010, Bruin, Fort Berthold 151-94-26A-35-5H, Antelope-Sanish, t6/18; cum 105K 12/18; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	12-2018	31	15852	16113	23677	20530	8671	7700
SANISH	11-2018	30	15645	15624	22930	14589	7284	5815
SANISH	10-2018	31	17823	17851	43008	19504	8429	9567
SANISH	9-2018	14	9892	9553	29770	7890	5213	1593
SANISH	8-2018	18	14633	14678	34320	20524	8624	10680
SANISH	7-2018	31	14226	14184	57705	19895	9319	9645
SANISH	6-2018	25	17073	17070	45534	34711	20022	12895
SANISH	5-2018	2	112	112	6365	728	490	0

• 30543, 2,837, Bruin, Fort Berthold 151-94-26A-35-7H, Antelope-Sanish, t6/18; cum 70K 12/18; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	12-2018	31	23621	24066	16948	36930	15588	12964
SANISH	11-2018	30	23213	23197	19911	34803	17447	13848
SANISH	10-2018	28	26291	26197	24211	35284	14125	18800
SANISH	9-2018	15	14907	14841	24676	15488	11025	2704
SANISH	8-2018	31	32766	32829	67328	44954	22985	19163
SANISH	7-2018	31	53187	53082	81509	75961	34423	37497
SANISH	6-2018	30	44723	44403	50258	67078	39049	24725

• 30544, 1,129, Bruin, Fort Berthold 151-94-26A-35-7H, Antelope-Sanish, t6/18; cum 70K 12/18; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	12-2018	31	15526	15796	25915	18722	7920	6101
SANISH	11-2018	29	9734	9572	25780	13071	5586	6223
SANISH	10-2018	31	14688	14770	44481	14613	6359	7142
SANISH	9-2018	14	3394	3164	16766	2737	1767	624
SANISH	8-2018	21	1643	1643	11898	2135	862	1149
SANISH	7-2018	29	8205	8312	130583	19345	9027	9304
SANISH	6-2018	22	16234	16127	87974	28994	16684	10925
SANISH	5-2018	2	319	319	8234	384	269	0

• 30545, 2,070, Bruin, Fort Berthold 151-94-26A-35-9H, Antelope-Sanish, t6/18; cum 204K 12/18; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	12-2018	31	20149	20579	19703	35860	15326	12558
SANISH	11-2018	30	24364	24419	23303	38362	19270	15216
SANISH	10-2018	27	33588	33019	33854	47378	18362	25903
SANISH	9-2018	19	11732	12149	44098	14054	11037	1291
SANISH	8-2018	31	47110	47185	107521	64982	31244	29734
SANISH	7-2018	31	31056	30719	158260	45073	20591	21949
SANISH	6-2018	30	32522	32855	132480	55036	31464	20834
SANISH	5-2018	7	3430	2942	42996	1703	1267	0
SANISH	4-2018	0	0	0	0	0	0	0

• 30546, 661, Bruin, Fort Berthold 151-94-26A-35-9H, Antelope-Sanish, t7/18; cum 52K 12/18; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	12-2018	31	7055	7082	29228	12165	5309	4321
SANISH	11-2018	29	11733	12029	34482	15265	7202	6540
SANISH	10-2018	27	17321	16947	50414	19479	7710	10480
SANISH	9-2018	0	0	0	0	0	0	0
SANISH	8-2018	10	3583	3665	35455	8716	3506	4771
SANISH	7-2018	24	10380	10298	83556	16837	6965	8957
SANISH	6-2018	12	1767	1767	27205	2953	1893	899