Super Bowl -- February 2, 2020

With two minutes left in the game, it turns out the Super Bowl was a pretty good game. Perhaps an excellent game.

Ads? I didn't watch many of them. Switched to TCM during the commercials, but the few commercials I saw:

• Budweiser: excellent
• Jeep, Groundhog Day, Jim Murray: excellent

As sports events go, however, it appears the Waste Management PGA tournament was more exciting than the Super Bowl: The Waste Management Phoenix Open at TPC Scottsdale.

From the internet;

Dubbed “The Greatest Show on Grass,” The Waste Management Phoenix Open at TPC Scottsdale has no problem living up to its name. In addition to playing host to the greatest players in the game, the tournament is the PGA TOUR's best attended event – drawing nearly 500,000 enthusiastic spectators each year.

At the "end" of the 16th hole, Finau was ahead of the eventual winner by two strokes. It was his tournament to win and the announcers were talking about how it was finally his turn to win a tournament.

So, let's follow the "replay" now that we know how it ended.

Walking down the 17th, the color commentators were all ga-ga over Finau. Again, he was leading the tournament by two strokes on the second to last hole.

On the green, Finau is first to go; excellent lag put; will drop one stroke to Simpson. Par.

Simpson, goes next: a long put, on the fringe, for eagle. A foot from the cup. Birdie.

So, going to the 18th hole, Finau leads by one stroke over Simpson, who will eventually go on to win the tournament in a playoff.

Announcers note that Finau has yet to hit the fairway off the 18th tee this tournament. Let's see what happens this time.

Still, all the talk by the announcers is about Finau. Not much said about Simpson.

Simpson goes first. Over the water, beautiful shot. Now announcers say Finau must feel pressure.

Finau: huge tee shot; hits the 18th fairway, for the first time this tournament.

Walking down the fairway. Still all the talk focused on Finau.

Simpson is "away." Will go first. Not particularly good; landed near the fringe again.

Wow, how does Finau lose a stroke to Simpson here?

So, here's Finau. From 83 yards -- wonderful shot -- maybe 15 feet from the hole. Announcers and crowd are sure that Tony Finau will win. Announcers already talking about what it means when he (Tony Finau) wins this one.

Camera shot of Finau's family, his coach, etc. It's all about Finau.

Webb Simpson puts first from the fringe. And he makes it. Will gain a stroke with this put.

Now, all of a sudden, the announcers are talking about a playoff. Finau puts. Short put. MISSES!

Oh, no.

Playoff.

Simpson will go on to win on the first hole in the playoff. Sudden death.

CNBC-On-Line Click Bait -- I'll Save You The Time -- You Can Thank Me Later -- February 2, 2020

Wow, talk about click bait.

This was the headline:

Link here.

Here are the key points:

• In the last decade, numerous retail chains have filed for bankruptcy protection twice. 
• Examples include Barneys New York, RadioShack, Wet Seal and American Apparel. 
• It’s a scenario that’s getting more common for traditional retailers as they find themselves under pressure from a sea change in where and how people are shopping.

So, I was expecting to see some major retail stores that could blame their misfortunes on Amazon.

Not.

Radio Shack was on the list. Seriously? I did not even know Radio Shack was still in business. 

First one on the list: Fairway Market. It must be a New York thing. Our grocery stores in Texas are doing great.

Second, Payless ShoeSource. Seriously? Too many people buying their shoes on line? I don't "buy" it; no pun intended.

Third, Barney's New York -- back to New York.

Fourth, Gymboree. I'm going to quit. If these are the companies CNBC is using as examples of how "bad" Amazon is, I'm not convinced.

Click bait. 

Back To Belarus -- February 2, 2020

Someone much smarter than I am is also following the Belarus story. The reader writes:

Couple of quick data points ... 

Lithuania already has an FSRU ( Floating Sorage and Regasification Unit) through which it can easily pipe gas to Belarus. 

Poland is planning on 2 FSRUs to supplement its original, standard land based LNG terminal. Poland, also, can supply Belarus, Czechoslovakia,  even Ukraine through existing pipes.

Biggest surprise, perhaps? 

Pricing.

Thailand is planning on buying LNG from Malaysia at current ~$4/mmbtu spot RATHER THAN USE THEIR OWN, DOMESTICALLY PRODUCED GAS which costs ~$7.80 per. (Wow!) 

India is trying to renegotiate the $8+ it currently pays Qatar on negotiated long term contract as it can buy spot LNG (read ... USA) for under $5.

Egypt just  drastically cut  back its LNG exports as its realized pricing can't compete with US spot. 

Algeria severely curtalied its PIPED gas to Europe for same reasons. 

Turkey paying $5.60 per, for LNG spot through its FSRUs,  less than Gazpom-piped $7,80.

People will be absolutely stunned, in the coming years, at the ferociously quick, expansive impact US LNG will have on global energy markets. 

FSRUs are rapidly going in all over the globe and $2.50/$2.00 Henry Hub gives the US a powerful advantage.

Thank you, Free Enterprise. 

Thank you, Roughnecks, entrepreneurs, risk takers, hard workers, visionaries one and all.

Thank you for the note; very, very interesting. 

I did not post it at the original note, but someone also suggested that US could supply LNG at half the price Russia was trying to negotiate, and that's with transportation charges.

Peak Oil? What Peak Oil? US Proved Reserves Of Crude Oil Increased Another 12 Percent -- February 2, 2020

Updates

Later, 6:27 p.m. CT: in the comments I mention that the price of oil is an existential issue for Saudi Arabia. A reader responded:

Just as Saudi, Kuwait, Russia and several other regimes rely upon oil revenue for political/social ends, other countries are in the same boat with natgas. The countries include Russia, Qatar, Algeria, Malaysia.

All these countries tie their pricing to various oil indexes (say, 12% of Brent, for illustrative purposes).

The completely disconnected  - from global markets - pricing at Henry Hub gives US producers a HUGE economic edge when competing now in global markets. 

Regional hub pricing has just emerged with JKM, TTF, and NBP to provide free market parameters vis a vis supply/demand in Asia, Europe, indeed, everywhere.

Independent (read, non-government-owned) companies are upending these long established paradigms at blinding speed.

Original Post

It's not so much that proved reserves increased so much, it's the degree to which proved reserves increased, a stunning twelve percent, coming on top of record growth in progression many years since 2005. I think a lot of folks thought that growth would have slowed by now.

Link here.

According to the Energy Information Administration (EIA), U.S. proved reserves of crude oil and lease condensate increased to 47.1 billion barrels in 2018—a 12 percent increase compared with the previous record set at year-end 2017 of 42 billion barrels. U.S. proved reserves of natural gas increased to 504.5 trillion cubic feet—a 9 percent increase compared with the record level set in 2017 of 464.4 trillion cubic feet. 

When I first started blogging, I never understood why "proved reserves" would b contingent upon price.

Proved reserves are oil and natural gas quantities that geological and engineering data find with reasonable certainty to be recoverable from known reservoirs under existing economic and operating conditions. Reserves estimates change from year to year as new discoveries are made, existing fields are appraised, reserves are produced, prices and costs change, and technologies develop.

Memo to self: note to Art Berman.

And more:

U.S. proved reserves of oil and natural gas have increased despite record production of these fuels in 2018. U.S. crude oil and lease condensate production increased 17 percent in 2018 to an average of 10.96 million barrels per day—1.6 million barrels per day more than in 2017.

U.S. natural gas production increased 12 percent in 2018 to 89.9 billion cubic feet per day—10 billion cubic feet per day more than in 2017.

The largest net increase in oil and natural gas proved reserves in 2018 was in Texas, totaling 2.3 billion barrels of crude oil and lease condensate proved reserves and 22.9 trillion cubic feet of natural gas proved reserves. The major share of that increase was located in the Wolfcamp and Bone Spring shale plays in the Permian Basin.

The next largest net gains in crude oil and lease condensate proved reserves in 2018 were in New Mexico and North Dakota. New Mexico’s crude oil and lease condensate proved reserves increased by 750 million barrels and North Dakota’s increased by 422 million barrels in 2018.

It's my understanding that Saudi Arabia's proved reserves has/have not changed in decades.

Natural Gas: Interesting, Interesting, Interesting -- February 2, 2020

Updates

February 3, 2020: from RBN Energy today --

When it comes to Texas natural gas markets, the Permian tends to steal the show. With its roughly 2 Bcf/d of annual production growth, constrained pipelines and absurdly cheap — sometimes even negative — pricing, it’s hard for the other gas hubs in the Lone Star State to garner much attention.

However, the myopic focus on West Texas overlooks a noteworthy gas market shake-up taking place on the Texas Gulf Coast, where most of the Permian’s incremental gas production is headed and where multiple new liquefied natural gas facilities are coming online to move the new supplies into world markets. Also, new export pipelines are moving increasing volumes south of the border to Mexico.

Today, we provide an update on the latest in Texas Gulf Coast gas infrastructure changes and their potential impacts on the region’s supply and demand balance.

Later, 6:16 p.m. CT: a reader responded to the chart and the comments below:

You are 100% correct that the associated gas from the Permian, Bakken, SCOOP/STACK, and, even the Niobrara greatly threaten present operations in the Appalachian Basin.

Heck, the massive, 52 Trillion cubic feet Barnett  resource is barely being drilled and that is right in Texas.

Better pipelines heading north from the Appalachian Basin would help as will an increase in LNG exports.

Strong political/social joy up there  if it all shut down tomorrow.

Determining factor will be cost of production.

Toby Rice is striving to be viable at $2 Henry Hub.

I think he - and EQT - will succeed, along with several others.

But not every Appalachian Basin operator will exist in current form in future years absent dramatic - and unlikely  - bump in pricing.

Original Post  
I was talking to another person about the natural gas "issue" in the US right now. That was yesterday.

Today, I caught this graph on twitter (find the original data at EIA: https://www.eia.gov/naturalgas/crudeoilreserves/). From that link:

Another year of stronger oil and natural gas prices increased 2018 oil and natural gas proved reserves in the United States to another all-time record level.

Crude oil and lease condensate proved reserves rose by 12%, and natural gas proved reserves rose by 9%. U.S. crude oil and lease condensate production increased by 17%, and U.S. total natural gas production increased by 12%.

That's exactly what I said in that conversation yesterday. Comments:

• red arrows: crude oil plays
• blue arrows: natural gas plays
• red arrows: surprisingly large jump in natural gas growth, considering these are generally considered to be oil plays
• blue arrows: having trouble competing with oil plays' production of natural gas
• on top of that, natural gas from the Permian is perfectly located for export
• in the northeast, politicians are pushing back on natural gas production
• I think most agree that sub-"$2-natural-gas" is not viable 
• I don't think anyone saw this coming but natural gas plays are competing not among themselves, but with oil plays for natural gas production
• growth in Texas natural gas production was greater than West Virginia, Pennsylvania, and Ohio combined

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. 

Update On Several CLR Florida Federal Wells In Camp Oil Field -- February 2, 2020

This page won't be updated. CLR has a rig on site. The CLR Florida/Florida Federal wells are tracked here. The CLR Florida wells are very good wells. 

The wells:

• 36802, drl, CLR, Florida Federal 6-11HSL, Camp,
• 32476, ros, CLR, Florida Federal 7-11H1, Camp,
• 32474, drl, CLR, Florida Federal 8-11H, Camp,
• 36803, drl, CLR, Florida Federal 9-11H1, Camp,

• 36801, drl, CLR, Florida Federal 6-14HSL, Camp,
• 32475, drl, CLR, Florida Federal 7-14H1, Camp,
• 32473, drl, CLR, Alpha 8-14H, Camp,

Petro-Hunt Is Active In The Charlson; Wells Exceeding 500K Cumulative -- February 2, 2020

This well coming off the confidential list this week:

• 33976, conf, Petro-Hunt, USA 153-95-8A-31-4H, Charlson, NENE 17-153-95;

Other wells on that pad:

• 33886, SI/NC, Petro-Hunt, USA 153-95-8A-31-3H,  Charlson,
• 30368, 2,097, Petro-Hunt, USA 153-95-8D-6-2H, 55 stages; 4.6 million lbs; Charlson, t9/17; cum 287K 11/19; off line 6/19; back on line 10/19;
• 18111, 776, Petro-Hunt, Thompson 8D-4-4H, Charlson, t5/11; cum 592K 11/19; off line 6/19; back on line 9/19;
• 30369, 1,613, Petro-Hunt, Thompson 153-95-8D-6-3H Charlson, t9/17; cum 335K 11/19; off line 6/19; back on line 9/19;
• 30685, 1,380, Petro-Hunt, USA 153-95-9C-4-3H Charlson, t8/17; cum 311K 11/19;

Neighboring wells running south from the north:

• 27208, 2,262, Petro-Hunt, USA 153-95-4B-8-2HS, Charlson, t12/14; cum 638K 11/19;
• 27918, 1,167, Petro-Hunt, USA 153-95-4B-9-1HS, Charlson, t12/14; cum 455K 11/19;

In addition, Petro-Hunt is drilling these two new wells, a section to the north:

• 36950, conf, Petro-Hunt, USA 153-95-8A-31-2H, SENE 8-153-95;
• 36951, conf (ros), Petro-Hunt, USA 153-95-8A-31-1H, SENE 8-153-95;

A CLR Hereford Federal Well Comes Off The Confidential List This Next Week -- February 2, 2020

I see a CLR Hereford well is coming off the confidential list this next week.

• 32354, conf, CLR, Hereford Federal 8-20H2, Elm Tree,

Date	Oil Runs	MCF Sold
11-2019	11952	25770
10-2019	20876	35255
9-2019	23665	14162
8-2019	16714	0

This is purely coincidental. Last night I was updating the CLR Hereford Federal wells. Some of the production data looked like there might be something going on, and apparently there was.

Initial Production For Wells Coming Off Confidential List This Next Week -- February 2, 2020

Initial production for wells coming off the confidential list this next week:

• 36678, conf, XTO, Mariner 14X-36D, Bear Creek,
• 36427, conf, XTO, Linda 41X-22HXE, Capa, 
• 36426, conf, XTO, Linda 41X-22D, Capa, 
• 35654, conf, Lime Rock, Twist 5-3-10H-143-95L, Murphy Creek,

Date	Oil Runs	MCF Sold
11-2019	6933	704
10-2019	6949	2745
9-2019	13597	4326
8-2019	11860	2438

• 34954, conf, Petro Harvester, PTL4 10-15 163-92 C, Portal,

Date	Oil Runs	MCF Sold
11-2019	1840	0

• 34953, conf, Petro Harvester, PTL4 10-15 163-92 B, Portal,

Date	Oil Runs	MCF Sold
11-2019	2498	0

• 36665, conf, PetroShale, Jorgenson Federal 3MBH, Bear Den,

Date	Oil Runs	MCF Sold
11-2019	2630	0

• 34951, conf, Petro Harvester PTL4 10-15 163-92 D, Portal,

Date	Oil Runs	MCF Sold
11-2019	312	0

• 36664, conf, PetroShale, Jorgenson Federal 2MBH, Bear Den,

Date	Oil Runs	MCF Sold
11-2019	2630	0

• 36425, conf, XTO, Linda 41X-22H, Capa, 
• 35884, conf, Liberty Resources, Haley 158-93-29-32-1TFH, East Tioga,

Date	Oil Runs	MCF Sold
11-2019	13936	17321
10-2019	18393	22014
9-2019	7407	9428
8-2019	10122	10384

• 35069, conf, Resonance Exploration, Resonance Issendorf 16-10H, Russell,

Date	Oil Runs	MCF Sold
12-2019	1046	0
11-2019	1124	0
9-2019	388	0
8-2019	386	0

• 35048, conf, XTO, Johnson Trust Federal 21X-6F, Siverston, 
• 32354, conf, CLR, Hereford Federal 8-20H2, Elm Tree,

Date	Oil Runs	MCF Sold
11-2019	2235	1508
10-2019	1835	1906
9-2019	1297	1710
8-2019	3505	5041

• 36424, conf, XTO, Linda 41X-22C, 
• 35620, conf, Whiting, Fladeland 44-9-2H, 
• 35529, conf, Lime Rock, Ward Hill 2-29-20H_160-90, Dimond,

Date	Oil Runs	MCF Sold
11-2019	13375	5955
10-2019	13681	5939
9-2019	11172	5579
8-2019	8734	4653

• 35049, conf, XTO, Johnson Trust Federal 21X-6B, Siverson,
• 35046, conf, XTO, Johnson Trust Federal 21X-6E, Siverston,
• 33976, conf, Petro-Hunt, USA 153-95-8A-31-4H, Charlson,

• 35447, conf, Lime Rock, Nordloef 4-30-19TFH, 160-90L, Dimond,

Date	Oil Runs	MCF Sold
11-2019	13144	6050
10-2019	14050	6360
9-2019	10745	5777
8-2019	7591	4425

• 35044, conf, XTO, Johnson Trust Federal 21X-6AXD, Siverston, 
• 30188, conf, Oasis, Lewis Federal 5300 11-31 2B, Baker,

Date	Oil Runs	MCF Sold
11-2019	28403	23707
10-2019	19553	15185
9-2019	24243	20897
8-2019	17446	16685

• 22574, conf, Enerplus, Glacier 148-95-02A-11H TF, Eagle Nest, 
• 35856, conf, XTO, FBIR Bird 21X-19A, Heart Butte, 
• 35098, conf, Oasis, Kellogg Federal 5297 12-30 6T, Banks,

Date	Oil Runs	MCF Sold
11-2019	24011	60240
10-2019	23671	50675
9-2019	5178	7255

• 35047, conf, XTO, Johnson Trust Federal 21X-6EXH-N,  Elidah, 
• 35885, conf, Liberty Resources, Paige 158-93-19-18-3MBH, East Tioga,

Date	Oil Runs	MCF Sold
11-2019	14318	16334
10-2019	21332	22162
9-2019	17994	20581
8-2019	19970	22314

• 35855, conf, XTO, FBIR Bird 21X-19E, Heart Butte, 
• 35655, conf, Lime Rock Resources, Neal 5-33-28H-144-95L,  Murphy Creek,

Date	Oil Runs	MCF Sold
11-2019	7885	2912
10-2019	9957	3816
9-2019	14288	5594
8-2019	14268	2599

• 35116, conf, Oasis, Kellogg Federal 5297 11-30 5T, Banks,

Date	Oil Runs	MCF Sold
11-2019	25146	57773
10-2019	36373	67430
9-2019	241	157
8-2019	1545	4251

• 30189, conf, Oasis, Lewis Federal 5300 11-31 2B, Baker,

Date	Oil Runs	MCF Sold
11-2019	24523	21789
10-2019	28793	24524
9-2019	15347	14877
8-2019	19467	18387

More Evidence That The US Is The New "Swing Producer" -- February 2, 2020

Re-posting:

Belarus: US can supply Belarus with 100% of its demand fro oil, gas -- at half the price the Russians would sell it for them. No link. Google it. Russia cut off oil and gas supplies to Belarus on December 31, 2019.

US SecState is in Belarus negotiating deals as we speak, as they say.

A reader provides this comment in reply:

Belarus is a landlocked country, so curious how we are going to get them LNG (or oil for that matter). Pipe it through Lithuania? Is there even good connectivity?

For that matter, oil is world priced and very fungible. And there's a cheap spot market for gas in Europe as well. Issues are not the commodity itself coming from us (versus the world spot market), but connectivity. If the only supply pipes are from Russia, then that's the problem.

Honestly, these articles that say "America will supply the gas" are very silly. And no, we can't supply it for half of spot price.

My reply:

Poland and the US have a very, very close relationship. And, then, of course, there's the Ukraine. Lots of options.

The bottom line is that the US is working with Belarus to help solve their problem.

Politics: remember all that hysteria just a few weeks ago that "Pompeo" was on the "outs" with President Trump? Must have been more fake news. It seems journalists in general have become nothing but bloggers, with trivial understanding of politics at the "presidential" level. Remember that article that one of Trump's former chiefs of staff was eager to testify at the impeachment trail?

Clearing Out The In-Box, Part 1 -- February 2, 2020

Belarus: US can supply Belarus with 100% of its demand fro oil, gas -- at half the price the Russians would sell it for them. No link. Google it. Russia cut off oil and gas supplies to Belarus on December 31, 2019

Winter coming to an end: Punxsutawney Phil.

Guns in England? I did not know guns were allowed in London.

STEM: today is a rare palindrome that has not happened in over 900 years -- another "first" for the Trump administration. It simply never quits. Link here.

Re-posting because I find it endlessly fascinating: Recent dividend announcements:

• MPC: increases dividend to 58 cents; pays 4.4%
• WMB: increases dividend to 40 cents; pays 7.39% (and it's not a foreign company; and it's not an MLP, as far as I know)
• Hess Midstream Partners: increases dividend to 43 cents; pays 7.13%
• Oasis Midstream Partners: increases dividend to 54 cents, up from 51.5 cents; pays 12.63%; shares at $15.54; one-year target at $20.33;
• Nextera Energy Partners: increases dividend to 54 cents; pays 3.7%
• Dominion Energy: increases dividend to 94 cents; pays 4.48%
• Yum! Brands: increases dividend to 47 cents; pays 1.79%
• Valero Energy: increased dividend to 98 cents; pays 4.38%
• Pfizer: increasing dividend by 5.6%; new dividend, 38 cents, up from 36 cents

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

Viruses, Flu, Corona, and All That Jazz

A reader called me out -- and rightly so -- on my flippant remarks regarding coronavirus. So, where do we stand on this issue? Here are a few links:

• Relax! Coronavirus is less dangerous than the "flu," says epidemic expert -- CCN
• High flu activity spreads across US as virus claims fourteen (14) more children -- ABC News
• Worried about coronavirus? In the US, "flu" is a bigger threat -- NPR
• US on track for one of the worst flu seasons in decades -- CNN
• Weekly US Influenza surveillance report (FluView) -- CDC
• Coronavirus is scary, but the flu is deadlier, more widespread -- USA Today
• Genomic characterisation and epidemiology of 2019 novel coronavirus (2019-nCoV): implications for virus origins and receptor binding -- The Lancet

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

Pop Quiz

Now that you have read the stories above, answer the following questions:

1. what is the human receptor to which this novel virus binds?
2. a related coronavirus is the MERS coronavirus -- from what animal do humans contract this disease?
3. so far, how many "flu" cases in the US?
4. the percentage of deaths attributed to pneumonia and influenza so far this year is 6.7%; what is the epidemic threshold?
5. so far this flu season, at least 2,900 people in the US are estimated to have died of the flu; is this more or less than the previous week, and by how much?
6. this year will be worse; how many deaths from the flu last year?  
7. is the current flu season winding down in the US?
8. true or false: so far the 2019-nCoV has affected millennials disproportionately 
9. if one age group has been more affected than past flu seasons, what age group would that be?
10. every state in the union has widespread flu activity, except two. Name the two.
11. what was the worst year for flu since 2015?
12. in the past five years, has seasonal flu in the US ever exceeded the "epidemic threshold"?
13. for which of the following do "we" have a vaccine: SARS, novel coronavirus, "seasonal flu"?
14. how long did SARS "last" before it burned itself out?
15. when do US companies expect this novel coronavirus health crisis to be winding down?

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

Answers to Pop Quiz 

The answers:

1. ACE2
2. camels, Saudi Arabia
3. 19 million cases; 180,000 hospitalizations, 10,000 deaths (including 68 children); in the US, so far, and it appears not to be over yet;
4. 7.2%
5. 800 more deaths this past week than the previous week (in the US)
6. 34,000 deaths (in the US) last year;
7. no, it is not winding down; it appears "we're having a second wave"
8. false, the novel virus has largely affected the aged and the infirm
9. children have been affected more this year than in previous years
10. DC and Hawaii are only reporting "local activity" -- not widespread activity
11. by far, the worse flu season in the last five years was week 50 of 2017 through week 15 of 2018
12. seasonal flu in the US greatly exceeded the "epidemic threshold" during the 2017- 2018 season
13. "we" have a vaccine for only "seasonal flu" (of the three)
14. SARS: from November to the following July
15. March, 2020

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

Rambling

From wiki:

Angiotensin converting enzyme 2 (ACE2) is an exopeptidase that catalyses the conversion of angiotensin I to the nonapeptide angiotensin or the conversion of angiotensin II to angiotensin 1-7. ACE2 has direct effects on cardiac function,a and is expressed predominantly in vascular endothelial cells of the heart and the kidneys. ACE2 receptors have been shown to be the entry point into human cells for some coronaviruses, including the SARS virus, and the Novel coronavirus (2019-nCoV).

Physicians use "ACE-inhibitors" to treat heart failure.

First question (and I don't know the answer): is the receptor on the angiotensin converting enzyme 2 exopeptidase used by physicians to treat heart failure, the same receptor used by the virus to gain entry into the human genome?

Wells Coming Off The Confidential List This Next Week -- February 2, 2020

Monday, February 10, 2020: 32 for the month; 139 for the quarter, 139 for the year:
36678, conf, XTO, Mariner 14X-36D,

Sunday, February 9, 2020: 31 for the month; 138 for the quarter, 138 for the year:
36427, conf, XTO, Linda 41X-22HXE, 
36426, conf, XTO, Linda 41X-22D,
35654, conf, Lime Rock, Twist 5-3-10H-143-95L,
34954, conf, Petro Harvester, PTL4 10-15 163-92 C,
34953, conf, Petro Harvester, PTL4 10-15 163-92 B,

Saturday, February 8, 2020: 26 for the month; 133 for the quarter, 133 for the year:
36665, conf, PetroShale, Jorgenson Federal 3MBH,
34951, conf, Petro Harvester PTL4 10-15 163-92 D,

Friday, February 7, 2020: 24 for the month; 131 for the quarter, 131 for the year:
36664, conf,PetroShale, Jorgenson Federal 2MBH, 
36425, conf, XTO, Linda 41X-22H, 
35884, conf, Liberty Resources, Haley 158-93-29-32-1TFH,
35069, conf, Resonance Exploration, Resonance Issendorf 16-10H,
35048, conf, XTO, Johnson Trust Federal 21X-6F,
32354, conf, CLR, Hereford Federal 8-20H2,

Thursday, February 6, 2020: 18 for the month; 125 for the quarter, 125 for the year:
36424, conf, XTO, Linda 41X-22C, 
35620, conf, Whiting, Fladeland 44-9-2H, 
35529, conf, Lime Rock, Ward Hill 2-29-20H_160-90,
35049, conf, XTO, Johnson Trust Federal 21X-6B,

Wednesday, February 5, 2020: 14 for the month; 121 for the quarter, 121 for the year:
35046, conf, XTO, Johnson Trust Federal 21X-6E,
33976, conf, Petro-Hunt, USA 153-95-8A-31-4H,

Tuesday, February 4, 2020: 12 for the month; 119 for the quarter, 119 for the year:
35447, conf, Lime Rock, Nordloef 4-30-19TFH, 160-90L,
35044, conf, XTO, Johnson Trust Federal 21X-6AXD, 
30188, conf, Oasis, Lewis Federal 5300 11-31 2B, 
22574, conf, Enerplus, Glacier 148-95-02A-11H TF,

Monday, February 3, 2020: 8 for the month; 115 for the quarter, 115 for the year:
35856, conf, XTO, FBIR Bird 21X-19A, 
35098, conf, Oasis, Kellogg Federal 5297 12-30 6T, 
35047, conf, XTO, Johnson Trust Federal 21X-6EXH-N,

Sunday, February 2, 2020: 5 for the month; 112 for the quarter, 112 for the year:
35885, conf, Liberty Resources, Paige 158-93-19-18-3MBH, 
35855, conf, XTO, FBIR Bird 21X-19E, 
35655, conf, Lime Rock Resources, Neal 5-33-28H-144-95L, 
35116, conf, Oasis, Kellogg Federal 5297 11-30 5T, 
30189, conf, Oasis, Lewis Federal 5300 11-31 2B,

Saturday, February 1, 2020: 0 for the month; 107 for the quarter, 107 for the year:
None.