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Wednesday, May 27, 2020

Three New Permits -- May 27, 2020

Updates

Later, 7:48 p.m. CT: I accidentally "rejected" a comment. Once rejected, it's impossible to retrieve and post it from the individual who sent it. Fortunately the comment is not lost, and I have re-posted it under my name in the comments.

Original Post 
Corona virus (this is all difficult for millennial journalists to report and/or comprehend, see below*):
  • headlines today: more cases. Well, of course, there are more cases. Testing is increasing across the nation
    • what will be interesting is if the number of new cases or the rate of increase actually decreases despite increased testing -- now that would get my attention
    • headlines like that suggest to me that journalists misunderstood the concept of or the reason for "flattening the curve"
  • new wrinkle I've not see anyone discuss: best commonly used metric, although it, too, has significant problems: deaths per capita (deaths per million population)
    • the denominator was fixed from the beginning; e.g., statistics for Michigan assumed a population of 10 million for the state of Michigan; that remains fixed. On the day Michigan recorded its first corona-virus-related death, the death rate was 1 / 10 million or 0.1 per million
    • now, however, every new death is added to previous total but denominator (population of Michigan does not change)
    • so, if Michigan now has 550 total deaths, the death rate will be 500 / 10 million
  • when the death rate of Michigan hits 1,000 (as I'm sure it will, then the death rate will be 1,000 / 10 million (or double what it is now, which, of course, is inaccurate)
  • I could be wrong on this; it seems this would be an obvious error that needs to be managed but right now, that's how I'm reading it
* It is my impression that math is difficult for millennial journalists: this one video provides a great example: a millennial generation that is mathematically challenged; the interviewee is a member of the NYT editorial board, in other words, she represents the "cream of the crop":
Re-posting: by the way, Brian Williams could claim he knew this all along, simply stringing his guest out -- he, the straight man; she, the comedienne.

Really Bad Math, Brian Williams.
I never get tired of watching this 
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Back to the Bakken

Active rigs:

$32.215/27/202005/27/201905/27/201805/27/201705/27/2016
Active Rigs1165655029

Three new permits, #37599 - 37601, inclusive --
  • Operator: Whiting
  • Field: Sanish (Mountrail)
  • Comments: 
    • Whiting has permits for three Littlefield  wells in lot 1 section 2-152-92, Sanish oil field, all 300' FEL and all about 360' FNL
    • it appears these wells will run in a southeasterly direction, "among" the the very good Whiting Lacey wells;
That was all.