Enerplus Getting Ready To Frack Tortoise/Turtle Pad In Antelope Oil Field? -- October 24, 2019

Seven wells on the Enerplus tortoise/turtle pad in Antelope oil field have gone from SI/NC to conf. Other wells in the area have gone off line. It appears that Enerplus may be getting ready to frack these wells. FracFocus does not show frack data for any of the seven wells.

The wells that are now on confidential status:

• 35062, SI/NC-->conf, middle Bakken, Leatherback, 33-053-08586,
• 35063, SI/NC-->conf, TF1, Tortoise, 33-053-08587,
• 35064, SI/NC-->conf, middle Bakken, Hawksbill, 33-053-08588,
• 35065, SI/NC-->conf, TF1, Map, 33-053-08589,
• 35066, SI/NC-->conf, middle Bakken, Painted, 33-053-08590,
• 35067, SI/NC-->conf, TF2, Box, 33-053-08591,
• 35068, SI/NC-->conf, middle Bakken, Terrapin, 33-053-08592,

Another Nightmare: China's Thirst For Energy -- Oilprice -- October 24, 2019

Nothing new here, but a fun article to read. See link below.

There have been a lot of "peak demand" articles recently. Apparently the "peak oil" meme failed, and so the next meme came along, "peak demand."

Sure.

Link here. Data points, quotes, and observations from the linked article:

• China's population four times that of America's 330 million
• China is already at a severe energy disadvantage
• the gap will widen
• China already scrambling to meet energy / water needs to sustain current population
• energy / water demand to "skyrocket"
• IEA: China's natural gas consumption to grow at nearly Beijing's previous projections
• the forecast came after President XI placed a 25% tariff on LNG from the US, starting June 1, 2019; "cut off one's nose to spite's one's face"
• that decision no doubt made a bad situation worse (sort of like the pipeline ban in NYC)
• China already the world's fastest-growing importer of natural gas
• second biggest importer of LNG, following Japan
• China's efforts to boost domestic production may be too little, too late

"Peak demand"? Probably not.

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

The Book Page

This week (actually it's a bedside bookshelf book): Provocations: Collected Essays, Camille Paglia, c. 2018.

I've had this book for a year. I will generally read an essay or two every few weeks. I have to be "in the mood" to read her essays, and it's a not book one would read from beginning to end.

Word for the day: melismatic.

From essay #49, "On Canons," page 383:

The centrality of canons can be seen in popular music. Seventeenth-century British ballads, preserved in America's Appalachian Mountains, were reinterpreted during the 1930s and '40s bythe leftist folk singers Woody Guthrie and Pete Seeger. Guthrie's devoted disciple, Bob Dylan, then shaped the imagination of an entire generation and made an immense impact on other singers and bands worldwide.

The canon in black music equally obvious: West African motifs (with melismatic Muslim tonalities) survived under slavery in rural African-American blues and were transmitted through singers Robert Johnson and Howlin' Wolf to young musicians in the postwar British blues revival, such as the Yardbirds, the Rolling Stones, and Led Zeppelin. In Brazil prolific canonical figures of genius status, such as Antonio Carlos Jobim and Dorival Caymmi, can be easily identified.

From elsewhere, an essay on Amy Winehouse:

You know what melisma is by now, surely. It's when a singer takes a word or phrase and, instead of stapling it to one note, uses the occasion to worry the word through the entire musical scale, in a display of vocal acrobatics designed to wow judges and people gathered at a wedding or a Bar Mitzvah.

It's showy. It's dazzling. It takes a while to learn.

Even Shakespeare had a phrase for it: "Sound and fury, signifying nothing."

Amy Winehouse had no use for such tricks. When she sang, she told you what she was actually feeling. In lyrics that were smart, snarky, darkly funny and often had a wicked backspin on them. But in her own colloquial, un-tricky, no-melismas-allowed-here voice.

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

Politics

A brand new poll has been posted over at RealClearPolitics. This is a biggie. A lot of folks consider Quinnipiac one of the more reliable pollsters. If so, look at this:

• Biden: 21% (wow -- down from 31% where he has been trending for quite some time)
• Pocahontas: surges to 28%; and clearly out-pacing Biden; should give Biden huge concern
• Sanders: pretty much unchanged at 15%
• others: pretty much in line with where they've been for quite some time -- going nowhere
• Klobuchar momentum: if one considers a jump from 2% to 3% momentum, Klobuchar has it
• Buttigieg at 10% nationally, but in South Carolina he will be lucky to poll 3%
• but that spread between Pocahontas and Biden in the Quinnipiac poll, I think, will turn out to be an inflection point

Active Rigs Hold At 56; WTI Closes Above $56; Bruin With Eleven New Permits -- October 24, 2019

Active rigs:

$56.20	10/24/2019	10/24/2018	10/24/2017	10/24/2016	10/24/2015
Active Rigs	56	67	53	35	68

Eleven new permits, #37117 - #37127, inclusive:

• Operator: Bruin E&P Operating
• Field: Lone Tree Lake (Williams County); Ellisville (Williams County)
• Comments: 
• Bruin has permits for an 11-well Wm Brown pad in lot 4/section 1-157-99, Lone Tree Lake, and Ellisville

One producing well (DUC) reported as completed:

• 29297, 56, Cornerstone Natural Resources, LLC, Jepsen B-18-6190,  Northeast Foothills, t10/19; cum --; fracked 8/9/2019 - 8/10, 2018; 2 million gallons of water (very small frack); it looks like 42.8% water by mass; 34.7% sand by mass; and the rest, resin-coated proppant (but not sure if I'm reading the table correctly; bottom line, percent-wise, lots of sand vs water; and resin-coated proppant)

Initial Production Data For Newly Fracked Four-Well MRO Pad In Bailey Oil Field -- October 24, 2019

Updates

July 27, 2020: production has been updated; all wells have been completed;

Original Post 

Disclaimer: this was done very quickly; it's a relatively long note; there will be factual and typographical errors. If this is important to you, go to the source. I am posting it now based on available information, subject to change. But it was done quickly and errors are likely, but it gives me a good idea of what's going on in this particular area of the Bakken.

The four wells on the 4-well pad in the northeast corner of section14-145-94 are still on confidential list. A reader sent me initial production "runs." Because these wells are on the confidential list we don't know how many days they have been producing. Two of them have probably produced about two weeks; the other two closer to a full month. The initial production data for each of these four wells is noted below.

In addition, an old, old well, the Lily Reiss well was also re-fracked around the same time as these new wells were fracked but has not yet been brought back on line.

A huge thanks to the reader for providing this initial data.

The MRO-Bailey is a particularly interesting field. See tag. Also, see Bailey oil field.

The graphics:

The four-well pad still on confidential list (these come off the confidential list March 9, 2020) (well production data updated):

• 35820, 4,967, MRO, Maher 41-14TFH, Bailey, 33-025-03634, cum 48,334 bbls, unknown number of days of production; fracked 8/11/19 - 8/21/2019; 7.1 million gallons of water (moderate frack), 89.9% water by mass; sand, 9.9% by mass; t9/19; cum 167K 4/20; t9/19; cum 177K 5/20;
  

  Date	Oil Runs	MCF Sold
  10-2019	39110	5637
  9-2019	48335	0

• 36026, 5,560, MRO, Herbert 41-14H, Bailey, 33-025-03667, cum 46,693 bbls, unknown number of days of production; fracked 8/22/19 - 9/2/2019; 8.0 million gallons of water, 88.5% water by mass; sand, 11.3% by mass; t9/19; cum 165K 5/20;
  

  Date	Oil Runs	MCF Sold
  10-2019	36018	5172
  9-2019	46694	0

• 36027, 3,823, MRO, Pletan 11-13TFH, Bailey, 33-025-03668, fracked; cum 27,762 bbls, unknown number of days of production; (partial month); fracked 8/11/19 - 8/21/2019; [note: CLR has Pletan wells also but they are in Jim Creek oil field]; t9/19; cum 135K 5/20;
  

  Date	Oil Runs	MCF Sold
  10-2019	31692	4778
  9-2019	27762	0

• 35821, 4,081, MRO, Bryden 11-13H, Bailey, 33-025-03635, fracked; cum 20,562 bbls, unknown number of days of production; (partial month), fracked 8/22/19 - 9/2/2019; t9/19; cum 198K 5/20;
  

  Date	Oil Runs	MCF Sold
  10-2019	35199	4897
  9-2019	17187	0

Other wells in the graphics:

• 16909, 260, MRO, Lily Reiss 41-14H, Bailey, t2/08; cum 275K 5/205 33-025-00688, re-fracked; came off line 2/19; remains off line 10/19; fracked 8/1/2019 - 8/9/2019; 5.7 million gallons water (moderate frack), 89.2% water by mass; sand, 10.3% by mass; original frack was an open hole completion in 2008; due to setback rules it was 655' FLS of section 23; MRO planned to extend this horizontal by approximately another 480 feet, approx 176' FSL of section 23, and will then plan for a 45-stage plug and perf style completion; scheduled to frack in June, 2019.Total drilling days: 34 days; for newbies -- note the number of drilling days; now, in 2019, the expectation is to drill these Bakken wells in seven (7) days. 92% in target zone; 100% in middle Bakken; no production since 3/19; remains off line 10/19;

• 18694: off line as of 7/19; remains off line 10/19; IA/569, MRO, Scott Gaugler 14-24H, Bailey, t8/10; cum 215K 7/19; off line 8/19; remains off line 4/20;

• 17976: off line as of 6/19; back on line second half, 8/19; 110, BR, Patton 21-1H, Bailey, t9/09; cum 290K 5/20; recent production profile:
  

  Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
  BAKKEN	8-2019	17	875	654	529	569	0	527
  BAKKEN	7-2019	0	0	0	0	0	0	0
  BAKKEN	6-2019	7	256	432	133	181	162	2
  BAKKEN	5-2019	30	1279	1320	617	773	319	380
  BAKKEN	4-2019	26	960	1263	762	677	0	612
  BAKKEN	3-2019	23	1054	672	491	682	0	625
  BAKKEN	2-2019	20	741	692	344	402	352	0
  BAKKEN	1-2019	31	1157	1099	534	704	627	0

********************** 

Unaffected Well 

17817, 506, MRO, Kempf Trust 21-14H, Bailey, t6/09; cum 464K 5/20; recent production; the Kempf Trust was re-fracked in 2017, see that data below this spreadsheet:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	28	4862	4837	10372	4482	739	3276
BAKKEN	7-2019	31	6497	6513	5805	5827	5078	150
BAKKEN	6-2019	30	6368	6425	5989	5785	5100	101
BAKKEN	5-2019	31	7330	7309	6908	6280	3091	2536
BAKKEN	4-2019	30	7660	7685	6819	6676	5670	338
BAKKEN	3-2019	31	8828	9002	8052	7605	6704	152
BAKKEN	2-2019	28	9457	9210	8637	7691	5422	1504
BAKKEN	1-2019	18	3374	3561	3078	3050	2588	155
BAKKEN	12-2018	31	9273	9241	8028	9729	7163	1793

Of interest, this well (#17817) had a huge jump in production in October, 2017, after it was re-fracked, 6/28/2017 - 9/6/2017, 5.2 million gallons of water, moderate frack; 89.9 water by mass; 9.75 sand by mass:

BAKKEN	11-2018	30	9892	9774	8661	10365	7517	2039
BAKKEN	10-2018	31	11879	11934	10855	12525	7971	3617
BAKKEN	9-2018	16	5604	5549	5171	5366	3709	1215
BAKKEN	8-2018	31	11894	11800	10712	12116	11171	0
BAKKEN	7-2018	31	13300	13394	11636	12988	10220	1737
BAKKEN	6-2018	30	13485	13499	10835	10624	9525	67
BAKKEN	5-2018	31	15955	15954	13038	8021	2298	4520
BAKKEN	4-2018	30	18042	18024	14591	9004	0	6896
BAKKEN	3-2018	31	21106	21154	17908	10512	0	8072
BAKKEN	2-2018	28	22528	22522	19799	11149	0	8575
BAKKEN	1-2018	31	27388	27520	27949	13626	698	9819
BAKKEN	12-2017	27	26122	25939	22830	15939	688	12323
BAKKEN	11-2017	25	16671	16661	9612	10148	89	8166
BAKKEN	10-2017	13	12725	12614	0	6272	37	4801
BAKKEN	9-2017	0	0	0	0	0	0	0
BAKKEN	8-2017	0	0	0	0	0	0	0
BAKKEN	7-2017	0	0	0	0	0	0	0
BAKKEN	6-2017	1	0	0	20	0	0	0
BAKKEN	5-2017	0	0	0	0	0	0	0
BAKKEN	4-2017	0	0	0	0	0	0	0
BAKKEN	3-2017	19	448	506	252	394	135	119
BAKKEN	2-2017	28	742	709	144	520	256	17
BAKKEN	1-2017	30	670	747	276	493	193	60

Another Old Bakken Well Goes Over 500,000 Bbl Cumulative; 18-Fold Jump In Most Recent Month -- Ten Years Old -- October 24, 2019

This well goes over 500,000 bbls cumulative, and the well does it with a flourish:

• 17668, 1,163, Petro-Hunt, USA 3D-4-4H, Charlson, t9/09; cum 505K 8/19;

This well was drilled in 2009, ten years ago.

Maximum production, first full month after completion back in 2009: 22,798 bbls in October, 2009.

Since then, a steady Eddie.

In 2011, production dropped to less than 3,000 bbls/month (January, 2011).

But several months later it was back up to 8,000 bbls/month (April, 2011).

 Simply a very, very nice well, Plateaued out at about 3,000 bbls/month (2019).

Taken off line for several weeks in June, 2019, and then, again, in July, 2019, and this was the result. Again, remember, this well is ten years old; it has been a nice performer for ten years, but decline rate brought it down to 3,000 bbls/month, and then this, 36,475/2,000 =  18-fold jump:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	31	36475	36739	6566	25384	13208	12176
BAKKEN	7-2019	7	4536	3961	5107	4753	4131	622
BAKKEN	6-2019	3	145	464	32	265	248	0
BAKKEN	5-2019	31	1879	2048	163	2716	2485	15
BAKKEN	4-2019	30	1652	1600	220	2600	2236	155
BAKKEN	3-2019	31	2140	2447	317	3344	3128	0
BAKKEN	2-2019	27	2304	2241	427	3693	3429	76
BAKKEN	1-2019	31	2598	2589	443	4288	3993	79
BAKKEN	12-2018	31	2980	3388	572	4824	4588	20

Natural Gas Fill Rate -- October 24, 2019

Link here.

Activity In The Charlson -- Random Update -- October 24, 2019

The well:

• 27918, 1,167, Petro-Hunt, USA 153-95-4B-9-1HS, 4 sections; Charlson, t12/14; cum 444K 8/19;

Period of interest:

BAKKEN	1-2018	31	6498	6636	1480	6483	6267	0
BAKKEN	12-2017	31	7907	7674	1932	9175	7940	1033
BAKKEN	11-2017	30	10389	10593	3118	15796	5298	10289
BAKKEN	10-2017	31	12414	12686	3255	18593	0	18377
BAKKEN	9-2017	30	12363	11797	3310	18206	0	18025
BAKKEN	8-2017	3	331	472	143	638	617	0
BAKKEN	7-2017	31	3353	3189	1487	5597	5381	0
BAKKEN	6-2017	30	2986	3294	1298	3835	3731	97
BAKKEN	5-2017	31	2743	2618	1190	4955	1519	3436
BAKKEN	4-2017	30	3421	3401	1363	4830	4830	0

So, this well was drilled in 2014, about five years ago. It was a great well in a great oil field. So, whatever it was doing, on top of that it had a huge jump in production in September, 2017, jumping from 3,000 bbls per month to 12,000 bbls/month.

So, what happened in September, 2017? A neighboring well was fracked, toe-to-heel, exactly paralleling #27918.

That well:

• 30369, 1,613, Petro-Hunt, Thompson 153-95-8D-6-3H, Charlson, t9/17, cum 301K 6/19; came off line 6/19;

Initial production (watch for the dreaded Bakken decline):

BAKKEN	6-2018	29	18399	18324	6555	24171	23981	0
BAKKEN	5-2018	20	12429	12247	4406	16834	16701	6
BAKKEN	4-2018	7	2939	2939	408	3805	3758	0
BAKKEN	3-2018	31	10213	10459	1582	12653	12437	0
BAKKEN	2-2018	28	8164	8186	1228	9164	8969	0
BAKKEN	1-2018	31	12218	12330	1705	14494	14278	0
BAKKEN	12-2017	31	14718	14623	2107	17334	16999	119
BAKKEN	11-2017	30	17893	17918	2755	21664	21455	0
BAKKEN	10-2017	31	22214	22161	3298	27542	27326	0
BAKKEN	9-2017	28	24961	24275	4577	29546	28907	500

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

Another Well On Same Pad Also Just Went Off Line

Interestingly enough, another well on the same pad as #30369 also went off line at the very same time.

That well:

•  30368, IA/2,097, Petro-Hunt, Thompson 153-95-8D-6-2H, 55 stages; 4.6 million lbs (a very small frack); Charlson, t8/17; cum 263K 6/19;

Initial production:

BAKKEN	5-2018	31	14888	14894	8055	20265	20057	0
BAKKEN	4-2018	8	2411	2305	785	3131	3081	0
BAKKEN	3-2018	31	10058	10209	2703	12944	12728	0
BAKKEN	2-2018	28	13031	13025	3023	16789	16594	0
BAKKEN	1-2018	31	13632	13816	2611	17529	17313	0
BAKKEN	12-2017	31	14176	14193	2848	17914	17576	122
BAKKEN	11-2017	30	18511	18360	3667	24005	23796	0
BAKKEN	10-2017	31	23307	23374	4722	31342	31126	0
BAKKEN	9-2017	20	22661	21924	4279	25990	24310	1603

Obviously, there's a well in the immediate area that is about to be fracked or was recently fracked, but I can't find it. There are several wells on confidential status in the immediate area that might be candidates:

• 36950, conf, Petro-Hunt, USA 153-95-8A-31-2H, Charlson, no production data,
• 36951, conf, Petro-Hunt, USA 153-95-8A-31-1H, Charlson, no production data,
• 33886, conf, Petro-Hunt, USA 153-95-8A-31-3H, Charlson, no production data,
• 33976, conf, Petro-Hunt, USA 153-95-8A-31-4H, Charlson, no production data,

Natural Gas -- Re-Posting -- October 24, 2019

I can't recall now but I think I might have said that this year (or last year or next year, I forget) would be the Year of Natural Gas. Re-posting two incredibly interesting articles.

First, the EIA report: natural gas inventories: lots of it and more coming -- graphic previously posted --

• for the week ending October, 11, 2019, first week since September 22, 2017, that working gas inventories have surpassed the previous five-year average (and the five-year average has been trending up)
• weekly injections in three of the past four weeks were all higher than 100 billion cubic feet
• weekly injections for three of the past four weeks, a whopping 27% more than usual injections for same time of year
• this week also ended a 106-week streak of lower-than-normal natural gas inventories
• this week's report will be out later today

Then, RBN Energy's blog today -- natural gas exports to Mexico swell, but is a tidal wave coming?

For some time now, natural gas producers in the Permian and the Eagle Ford have been counting on rising pipeline exports to Mexico to help absorb a lot of the incremental production in their plays.

Their hopes have been bolstered in the past couple of years by the build-out of a number of new pipelines from the Waha and Agua Dulce gas hubs to the U.S.-Mexico border. Gas pipeline development south of the border hasn’t kept pace, though, mostly due to regulatory and construction delays. Also, a recent dispute over tariffs on a newly completed large-diameter pipeline, extending from the southern tip of Texas to key points along Mexico’s Gulf Coast, had left the pipe sitting empty this summer.

That tiff has since been resolved and gas is flowing on the new pipeline, allowing those piped southbound exports to hit a daily record high near 5.9 Bcf/d earlier this month and average above 5.5 Bcf/d this month to date.

Plus, progress is being made on other planned Mexican pipes too. This all leads us to ask, is the long-promised surge in U.S. gas exports to Mexico just around the corner? Today, we look at the latest developments regarding Mexico’s natural gas pipeline infrastructure additions.

Number Of Active Rigs In North Dakota Slumps To 55 -- Lowest In Quite Some Time -- October 24, 2019

Natural gas inventories: lots of it and more coming -- graphic previously posted --

• for the week ending October, 11, 2019, first week since September 22, 2017, that working gas inventories have surpassed the previous five-year average (and the five-year average has been trending up)
• weekly injections in three of the past four weeks were all higher than 100 billion cubic feet
• weekly injections for three of the past four weeks, a whopping 27% more than usual injections for same time of year
• this week also ended a 106-week streak of lower-than-normal natural gas inventories
• this week's report will be out later today

Wells coming off the confidential list today -- Thursday, October 24, 2019: 81 for the month; 81 for the quarter:

• 35838, 590, Kraken Development, Aurora 19-20 4TFH, Sanish, t5/19; cum 87K 8/19;
• 35837, 536, Kraken Development, Colter 19-20 3H, Sanish, t5/19; cum 79K 8/19;
• 35836, 379, Kraken Development, Gladys 19-20 2TFH, Sanish, t5/19; cum 70K 8/19;
• 35799, 2,517, Whiting, Link 31-14-2H, Foreman Butte, t5/19; cum 81K 8/19;
• 35208, 1,007, Whiting, Moline 21-14-3H, Tyrone, t5/19; cum 64K 8/19;

Active rigs:

$55.63	10/24/2019	10/24/2018	10/24/2017	10/24/2016	10/24/2015
Active Rigs	55	67	53	35	68

RBN Energy: natural gas exports to Mexico swell, but is a tidal wave coming?

For some time now, natural gas producers in the Permian and the Eagle Ford have been counting on rising pipeline exports to Mexico to help absorb a lot of the incremental production in their plays.

Their hopes have been bolstered in the past couple of years by the build-out of a number of new pipelines from the Waha and Agua Dulce gas hubs to the U.S.-Mexico border. Gas pipeline development south of the border hasn’t kept pace, though, mostly due to regulatory and construction delays. Also, a recent dispute over tariffs on a newly completed large-diameter pipeline, extending from the southern tip of Texas to key points along Mexico’s Gulf Coast, had left the pipe sitting empty this summer.

That tiff has since been resolved and gas is flowing on the new pipeline, allowing those piped southbound exports to hit a daily record high near 5.9 Bcf/d earlier this month and average above 5.5 Bcf/d this month to date.

Plus, progress is being made on other planned Mexican pipes too. This all leads us to ask, is the long-promised surge in U.S. gas exports to Mexico just around the corner? Today, we look at the latest developments regarding Mexico’s natural gas pipeline infrastructure additions.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

SRE: It's hard not to connect the RBN Energy blog today and price action of SRE which appears to have hit a new high yesterday.

• 52-week range: $104 - $148
• yesterday: closed up $1.12, about 3/4th of a percent
• pays 2.63%
• needs to insulate itself from California craziness, particularly wildfires, forest fires

Notes From All Over, Part 1 -- October 24, 2019

First things first: wow! What happened? I quit checking the Houston-Nationals baseball score about the 4th inning -- tied at 2 - 2. I check back in later, it happens to be the middle of the 9th and the score is 12 - 3. The series is over.

Jobless claims: link here. 

• prior: 214K
• revised: 218K
• consensus: 214K
• actual: 212K

Amazon: after market close -- shares fell 8% after earnings miss. AWS revenue was $9.0 billion in the quarter, up from $6.68 billions a year ago, with operating income at $2.26 billion versus $2.098 billion a year ago. Sales of $70 billion, up 24% from a year ago, at the high end of the company's guidance range of $66 billion to $70 billion, and ahead of the Street consensus of $68.8 billion. Earnings: "$4.23/share well below the consensus of $4.60/share." [Actually I wouldn't call that much of a miss at all -- buying opportunity when shares fall 8% on an incredibly good report for those with a long horizon. See disclaimer.] Later, October 25, 2019: I am incredibly amazed how "shallow" financial analysts seem to be. I still can't get over the fact that Amazon shares were beat down yesterday despite what I thought was an incredibly good report. Now this story, today, over at Yahoo!Finance:

• profits were held back by Amazon's $800 million investment in the expansion of one-day delivery services (Amazon is still thinking like a growth company, not a mature company)
• AWS sales growth slowed to 35% vs 37% (big whoop) in the second quarter (sic)
• AWS also saw its profit margins come under pressure amid increased competitive activity in cloud services (okay)
• Amazon warned on fourth quarter profits: yes, it planned to spend another $1.5 billion on its one-day delivery rollout

Disclaimer: I love Amazon as a company; I don't hold any shares directly. But as a company, it's incredible. I've talked about it often. One-day delivery is ... spooky. It's like having a valet.

Boeing; this took a while to download overnight; not sure what that all about."Will the Boeing 737 Max ever fly again?" -- The Week.

Disclaimer: this is not an investment site.  Do not make any investment, financial, career, travel, job, or relationship decisions based on what you read here or think you may have read here.

Edwards Lifesciences: 3Q19 earnings, link here.

Oil: GS by Nick Cunningham. Consider the source. But I found the article interesting. Sorry if I disappoint folks for linking this writer.

Oil: another interesting article over at oilprice. Again, sorry if I disappoint folks for linking this site. It seems the three major US shale plays stack up a little differently when it comes to outlook.

Tesla: how did analysts get it so wrong? From Markets Insider just before the earnings release --

Wall Street is expecting Tesla to post a roughly $52 million loss on $6.45 billion in revenue for the period. During the same quarter last year, the company reported a profit of $343 million on $6.82 billion in sales. Tesla last reported a profit in the fourth quarter of 2018.

Some analysts warned that this quarter's results might not be pretty following disappointing vehicle-production data reported earlier this month.

Tesla: perhaps some answers here, smartkarma. Great graphics. The graphics definitely paint a different story than the narrative.

Apple Pay: overtakes the Starbucks mobile app to become the most popular mobile payment system in the United States. Link here. Says more about Starbucks than it says about Apple Pay. Having said that, Starbucks has been around "forever"; Apple Pay is, like, two or three years old.