CLR Will Report Three Nice Indian Hill Honolulu Wells -- October 6, 2019

The well:

• 35906, conf, CLR, Honolulu 4-15H, Indian Hill, just across the river from Williston; our dad used to take us out to Indian Hill so often to run around when we were small kids; great memories; t--; cum --;  

Date	Oil Runs	MCF Sold
8-2019	32752	20517
7-2019	12470	775

The well:

• 35905, conf, CLR, Honolulu 5-15H, Indian Hill, t--; cum --; 

Date	Oil Runs	MCF Sold
8-2019	33264	25094
7-2019	14150	8504

The well:

• 35904, conf, CLR, Honolulu 6-15H, Indian Hill, t--; cum --;

Date	Oil Runs	MCF Sold
8-2019	42925	24796
7-2019	12181	7289

MRO Has Four Huge Wells In Chimney Butte; One In Killdeer --October 8, 2019

The well:

• 36265, SI/NC, MRO, Dorothy 14-12TFH, fracked 7/15/19 - 7/29/19, moderate frack with 7.3 million gallons of water, 90% water by mass; 9.52% sand, Chimney Butte, t--; cum --;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	29	60950	60492	65184	64187	0	60069

The well:

• 362352, SI/NC, MRO, Delmont 34-23H, Chimney Butte, t--; cum --;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	28	38529	38455	75031	39948	4443	32288
BAKKEN	7-2019	3	190	0	851	398	0	386

The well:

• 36266, SI/NC, MRO, Dasha USA 44011H, Chimney Butte, t--; cum --;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	22	35460	35193	50551	39792	0	37386

The well:

• 36267, 4,301, MRO, Blanche 14-36H, Killdeer, t7/19; cum 80K in less than 1.5 months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	29	45554	45384	55219	40102	5	37048
BAKKEN	7-2019	14	34711	34384	48184	19330	0	17020

The well:

• 36167, 2,662, MRO, Meredith 14-24H, Chimney Butte, t8/19; cum 47K in 23 days; neighboring well, #27074, an Adamson well, remains off line, 8/19;
  

Production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	23	47229	46850	49209	43623	0	40433
BAKKEN	7-2019	2	0	0	367	0	0	0

Frack Data For A DUC -- WPX Ruby -- Antelope-Sanish -- October6, 2019

This is pretty cool.

The other day we were talking about FracFocus, some contending that frack data was sometimes delayed getting posted over at FracFocus. It's been my contention when one can't find frack data at NDIC, one can find it at FracFocus if the frack has been completed.

Exhibit A.

• 36089, SI/NC, WPX, Ruby 31-30HEL, Antelope-Sanish, t--; cum 52K in less than three months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	8-2019	26	30393	30479	17958	36836	30106	2674
SANISH	7-2019	17	20617	21014	7164	24989	0	22185
SANISH	6-2019	21	648	165	6028	786	0	186

NDIC: frack data not there yet; still officially "SI/NC."

But FracFocus has the data.

This well was fracked 6/6/19 - 6/14/19:

• 4.7 million gallons of water (relatively small to moderate)
• water: 83.8% by mass
• sand: 15.3% by mass

Wow, Wow, Wow --- I Just Checked -- Jason Garrett On The Hot Seat -- October 6, 2019

Cowboys lose two in a row.

34 - 24.

Ten points.

Apparently at one time, the Cowboys trailed 34 - 3.

Just Dropped In, The First Edition   ************************************* Udon Noodles and Edamame  

Udon noodles though having a subtler flavor than their counterpart, ramen noodles, easily absorb the flavor of the broth it is made in. Ramen noodles come either curly or straight whereas, udon noodles are usually straight. Udon noodles are more filling, compared to ramen, due to their thickness.

And, yes, Sophia prepares udon noodles to ramen. 

Just For The Fun Of It -- How Far The Truax Oil Field Has Come In Eight Years -- October 6, 2019

A reader sent me these two images of the Truax oil field to show how much work has been down in eight years.

January 15, 2011:

September 17, 2019:

Illinois -- Drifting Away -- October 6, 2019

The article is over at ZeroHedge.

Illinois is second to Alaska in net outbound. Many move out, but few move in.

But look at that graph above. What do you notice? I missed it. Don caught it. Answer at bottom of post.

See also the IRS map on folks moving across the US; but only as recent as 2011, but it is nice because it goes back several years.

United Van Lines, 2018. For 2018, of all the United Van Line moves in/out of Illinois, 66% of folks were moving out of state; 34% were moving to the state.

Chicago Tribune has similar story, May 23, 2019. Again, like those opting to move out of NYC, I would assume, the largest segment of movers are those in the upper half socioeconomically, the ones that would "add" something to the state, not take something away from the state.

More recently, September 25, 2019, the Chicago Tribune takes a closer look at the "Illinois exit."

This is probably one of the most interesting data points:

The Illinois Policy Institute reports [Despite taxing both sales and income, Illinois has higher property taxes than every single state that does not charge an income tax](Despite taxing both sales and income, Illinois has higher property taxes than every single state that does not charge an income tax.).

State income tax rates here. It appears that the Illinois state income tax, one of the highest in the country, is 4.95% across the board.

Answer to question, hint before I post the answer: note which state Illinois residents are not moving to.

Answer later.

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

Corky At The Piano

Just Too Much Work To Be Done In The Bakken -- October 6, 2019

Going through well after well after well -- the old, old, first generation wells drilled in the early days of the Bakken boom (permits of the 16XXX and 17XXX series) -- and then the newest wells being drilled now, and then looking at recent wells affected by the "halo effect," it brings home how much work the oil companies in North Dakota have yet to do:

• prioritize the older wells for re-fracks; re-work;
• find wells best suited for the "halo effect";
• drill new development wells; put wells in known Tier 1 areas; in-fill wells
• drill new wells on the periphery of the Tier 1 areas; expand the Tier 1 areas; gradually move into Tier 2
• start advancing the first bench of the Three Forks; only one operator has been doing the bulk of this, CLR
• manage flaring issues
• looking for new acquisitions
• looking to sell non-core assets

I was reminded of that by looking at another non-descript, but incredibly typical well in the Bakken.

Back in 2017, I wrote:

• 17079 -- CLR, a nice well; petering out

So, checking toay, to see how this well was going on, let's look at the well from about that time -- 2017 and going forward:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	31	1948	2096	853	2314	1231	664
BAKKEN	7-2019	31	2160	2418	1077	2532	1164	949
BAKKEN	6-2019	30	2215	2032	1271	2593	1377	811
BAKKEN	5-2019	26	1792	1975	1053	1953	682	940
BAKKEN	4-2019	30	2351	2274	1642	2394	518	1471
BAKKEN	3-2019	14	1925	1594	1340	1237	542	519
BAKKEN	2-2019	0	0	0	0	0	0	0
BAKKEN	1-2019	0	0	231	0	0	0	0
BAKKEN	12-2018	0	0	0	0	0	0	0
BAKKEN	11-2018	14	1350	1407	612	1554	604	783
BAKKEN	10-2018	31	3211	3269	1073	3251	1451	1381
BAKKEN	9-2018	30	2803	2795	1320	2822	1217	1200
BAKKEN	8-2018	29	2695	2304	3178	2988	1368	1236
BAKKEN	7-2018	4	213	221	25	180	24	125
BAKKEN	6-2018	0	0	225	0	0	0	0
BAKKEN	5-2018	15	1167	1614	78	980	980	0
BAKKEN	4-2018	30	2457	2359	123	1861	1747	114
BAKKEN	3-2018	31	2441	2088	105	1799	1484	315
BAKKEN	2-2018	28	2244	2362	95	1512	1501	11
BAKKEN	1-2018	31	2593	2585	107	1771	1771	0
BAKKEN	12-2017	31	2493	2549	155	1694	1694	0
BAKKEN	11-2017	30	3476	3467	98	2294	2276	18
BAKKEN	10-2017	25	433	220	308	172	172	0
BAKKEN	9-2017	30	159	0	0	14	14	0
BAKKEN	8-2017	31	179	212	22	43	37	6
BAKKEN	7-2017	31	211	235	43	79	61	18
BAKKEN	6-2017	30	143	236	308	43	43	0
BAKKEN	5-2017	30	350	218	145	188	179	9

In 2017 this well appeared to be on its last legs, and then "something happened." CLR brings this well back to a respectable 2,500 bbls/month. Nothing great, but the well is alive and kicking.

The well:

• 17079, 559, CLR,  Carson Peak 44-2H, Oakdale, t6/08; cum 324K 8/19;

The Carson Peak wells are tracked here. Note that I've said that this particular well, #17079, was a re-frack candidate. 

Wow -- A Rainy, Wet September For The Bakken -- October 6, 2019

Before we get to the map below, the link to "this week in pictures, the Powerline edition.

Now the map. 

This map has been posted for educational reasons.

Link here.

It seems when I was growing up in Williston, I was taught that western North Dakota averaged 9 - 11 inches of rain (precipitation?) every year -- that would have come from "North Dakota history" taught by Mr Hovland (?) -- I'm blocking on the name but I do believe he was very, very tall, very dark hair, and last name started with an "H."

In the graphic below -- sent to me by a reader -- note that the "core" of the Bakken received in  excess of ten inches of rain in the harvest month of September.

We will see production numbers affected when the September, 2019, data is released in November, 2019.  The oil companies will do fine; the farmers will have a tough, tough time this autum in this area.

WPX Has A 50K+ Well In The Mandaree Oil Field -- October 6, 2019

Remember when we told you this ten years ago: if you have one well, you will eventually have two wells; very likely four wells; probably eight wells, and possibly many, many more than that. Hold that thought.

Note: "each well stands alone."

Note: operators aren't drilling wells unless they expect a(n) EUR of at least a million bbls.

Note: lots of discussion in the Permian about infill density. We're not having those discussions in the Bakken.

Note: either through luck or good planning, the spacing units are really, really well established in the Bakken. I'm not getting that feeling in the Permian based on a) lengths of Permian laterals; and, b) conference calls; c) monthly Director's Cuts from the NDIC.

Disclaimer: I am inappropriately exuberant about the Bakken.

Most exciting wells to track for the next twelve months:

• 18518, 2,736, RimRock, Two Shields Butte 3-24-12-4H, Mandaree, t4/14; cum 461K 8/19;
• 20258, 2,399, RimRock, Skunk Creek 3-24-25-13H, Mandaree, t4/14; cum 332K 8/19;
• 20257, 2,475, RimRock, Two Shields Butte 3-24-12-3H3, 23 stages; 3.5 million lbs; Three Forks even though permit said "Bakken"; name change request from middle Bakken to Three Forks, December, 2013; Mandaree, t4/14; cum 393K 8/19;
• 20259, 1,579, RimRock, Skunk Creek 3-24-25-14H3, Mandaree, t4/14; cum 202K 8/19;

The 50K+ well that WPX will be reporting this next week:

• 35714, conf, WPX, Nancy Dancing Bull 1-36HQL, Mandaree; note that WPX only sold 69% of the oil it produced since it started producing oil; that speaks volumes -- 

Date	Oil Runs	MCF Sold
8-2019	55123	43622
7-2019	7352	0

The Nancy Dancing Bull wells:

• 35713, conf, WPX, Nancy Dancing Bull 1-36HQL, producing, 24K in first full month;
• 35714, above.
• 35715, conf, WPX, Nancy Dancing Bull 1-36HW, no production data yet

Graphics pending:

**********

There are currently 20 wells in this narrow band, 0.69 miles from west to east. In addition there are another 6 wells to the east, in the same section. In total, so far, 26 wells in less than one mile from east to west.

Twenty-six wells.

Eventually there could be as many as: 48 wells. No typo. 48 wells. 

Initial Production Data For Wells Coming Off The Confidential List This Next Week -- October 6, 2019

34970, conf, CLR, Rader 8-24H, Avoca:

Date	Oil Runs	MCF Sold
8-2019	15465	18035
7-2019	27075	28897
4-2019	1483	0

34969, conf, CLR, Rader 9-2H1, Avoca:

Date	Oil Runs	MCF Sold
8-2019	13895	16597
7-2019	18753	19044
4-2019	550	0

34946, conf, Whiting, Moline 44-10-1TFH, Tyrone:

Date	Oil Runs	MCF Sold
8-2019	20395	14538
7-2019	21830	14760
6-2019	18750	6862
5-2019	24873	16373
4-2019	5405	2094

 
34924, conf, CLR, Collison 11-23H, Avoca:

Date	Oil Runs	MCF Sold
8-2019	13298	15878
7-2019	31082	33839
6-2019	14554	12805
5-2019	879	0
4-2019	9	0

30647, conf, CLR, Sorenson 7-16H2, Alkali Creek:

Date	Oil Runs	MCF Sold
4-2019	1046	0

35714, conf, WPX, Nancy Dancing Bull 1-36HQL, Mandaree:

Date	Oil Runs	MCF Sold
8-2019	55123	43622
7-2019	7352	0

30648, conf, CLR, Sorenson 5-16H, Alkali Creek:

Date	Oil Runs	MCF Sold
5-2019	0	18
4-2019	642	0

35713, conf, WPX, Nancy Dancing Bull 1-36HQL, Mandaree:

Date	Oil Runs	MCF Sold
8-2019	24450	19060
7-2019	3601	0

35109, conf, CLR, Morris 7-26H2, Oakdale:

Date	Oil Runs	MCF Sold
8-2019	21265	20936
7-2019	19762	18237
6-2019	7145	5042
5-2019	25649	24743
4-2019	22086	19919

34890, conf, Bruin E&P, Fort Berthold 148-94-35D-26-14H, McGregory Buttes:

Date	Oil Runs	MCF Sold
8-2019	6882	12439
7-2019	9606	20030
6-2019	10815	16804
5-2019	13527	21075
4-2019	4694	6053

34435, conf, Enerplus, Scrooge 148-93-20B_29H-TF, McGregory Buttes:

Date	Oil Runs	MCF Sold
8-2019	21429	13529
7-2019	6622	4204
6-2019	14096	8688
5-2019	22619	15742
4-2019	12950	7950

35170, conf, Zavanna, George 19-25 2HXW, Avoca:

Date	Oil Runs	MCF Sold
8-2019	18141	25687
7-2019	21133	29720
6-2019	26060	28832
5-2019	32248	41826
4-2019	1010	599

34436, conf, Enerplus, Dewey 148-93-20B-29H-TF, McGregory Buttes:

Date	Oil Runs	MCF Sold
8-2019	7490	4729
7-2019	14570	9250
6-2019	12147	7486
5-2019	23309	16222
4-2019	6178	3793

30649, conf, CLR, Sorenson 4-16H1, Alkali Creek:

Date	Oil Runs	MCF Sold
8-2019	13794	19697
7-2019	1449	0
6-2019	26593	9807
5-2019	36530	39884
4-2019	1888	0

34968, conf, CLR, Rader 10-24H, Avoca:

Date	Oil Runs	MCF Sold
8-2019	30149	33814
7-2019	34042	38059

34908, conf, Nine Point Energy, Eckert Foundation 152-102-22-15-8H, Elk:

Date	Oil Runs	MCF Sold
8-2019	24019	28583
7-2019	22030	20690
6-2019	22625	14394
5-2019	19568	14848
4-2019	19672	13048

35348, conf, CLR, Sorenson 11-16H,  Alkali Creek:

Date	Oil Runs	MCF Sold
8-2019	5761	9759
7-2019	6523	30
6-2019	21382	22943
5-2019	33777	49039
4-2019	6798	10348

35347, conf, CLR, Sorenson 10-16H1, Alkali Creek:

Date	Oil Runs	MCF Sold
8-2019	22719	35272
7-2019	22042	8984
6-2019	24423	22794
5-2019	39780	54558
4-2019	12477	14551

34759, conf, Whiting, Berger 24-20-1H, Tyrone:

Date	Oil Runs	MCF Sold
8-2019	21237	5139
7-2019	26423	7852
6-2019	27425	5413
5-2019	25664	16360
4-2019	25448	18266

Wells Coming Off The Confidential List This Next Week -- OCtober 6, 2019

Monday, October 14, 2019: 41 for the month; 41 for the quarter:
36016, conf, WPX, Bison 27-34HEL, 
35715, conf, WPX, Nancy Dancing Bull 1-36HW, 
34970, conf, CLR, Rader 8-24H, 
34969, conf, CLR, Rader 9-2H1, 

Sunday, October 13, 2019: 37 for the month; 37 for the quarter:
35950, conf, XTO, Bronson 31X-14D, 
34946, conf, Whiting, Moline 44-10-1TFH, 
34924, conf, CLR, Collison 11-23H,
30647, conf, CLR, Sorenson 7-16H2, 

Saturday, October 12, 2019: 33 for the month; 33 for the quarter:
35714, conf, WPX, Nancy Dancing Bull 1-36HQL,
30648, conf, CLR, Sorenson 5-16H, 

Friday, October 11, 2019: 31 for the month; 31 for the quarter:
35713, conf,WPX, Nancy Dancing Bull 1-36HQL, 

Thursday, October 10, 2019: 30 for the month; 30 for the quarter:
35109, conf, CLR, Morris 7-26H2, 
34890, conf, Bruin E&P, Fort Berthold 148-94-35D-26-14H, 
34435, conf, Enerplus, Scrooge 148-93-20B_29H-TF, 

Wednesday, October 9, 2019: 27 for the month; 27 for the quarter:
35170, conf, Zavanna, George 19-25 2HXW,
34436, conf, Enerplus, Dewey 148-93-20B-29H-TF,

Tuesday, October 8, 2019: 25 for the month; 25 for the quarter:
30649, conf, CLR, Sorenson 4-16H1,

Monday, October 7, 2019: 24 for the month; 24 for the quarter:
35653, conf, WPX, Bird Bear 35-26HW, 
35652, conf, WPX, Bird Bear 35-26HA,

Sunday, October 6, 2019: 22 for the month; 22 for the quarter:
35651, conf, WPX, Bird Bear 35-26HS, 
35650, conf, WPX, Bird Bear 36-25HB,
34968, conf, CLR, Rader 10-24H, 
34908, conf, Nine Point Energy, Eckert Foundation 152-102-22-15-8H,

Saturday, October 5, 2019: 18 for the month; 18 for the quarter:
35348, conf, CLR, Sorenson 11-16H, 
35347, conf, CLR, Sorenson 10-16H1, 
34759, conf, Whiting, Berger 24-20-1H, 

Magic -- October 6, 2019

Yesterday I wrote a long note with this subject line:

The Bakken Magic -- The "Halo Effect" -- And A Nod To Steve Jobs Who Died Eight Years Ago Today -- October 5, 2019.

This morning, with nothing better to do, I was surfing the net when I stumbled upon the following headline over at oilprice:

Even oilprice is referring to the "Bakken revolution" as "shale magic." LOL.