Enerplus has a single permit for a Cutthroat TF well in Squaw Creek, lot 4, section 3-148-94;
Three producing wells (DUCs) reported as completed:
30540, SI/NC, Slawson, Jeriyote 8-5-32MLH, Big Bend, t--; cum --;
36693, SI/NC, Kraken, Mathewson 31-30-4H, Oliver, t--; cum 16K over 15 days;
36694, SI/NC, Kraken, Mathewson LW 31-30 1H, Lone Tree Lake, t--; cum 18K over 15 days;
Fifty-two (52) permits renewed: pending
BR (42): seven George permits; three Stortroen permits; four Maverick permits; three CCU Badger permits; four Cleetwood permits; five Gorhman permits, four Saddle Butte permits; three Curtis permits; five Phantom Ship permits; one Mazamaphantom permit; one Rollacleetwood permit; one Resonance Lodoen permit; one George-Lillibridge permit; these 42 permits are in McKenzie anc Dunn counties;
Crescent Point Energy (9): seven CPEUSC Reed permits and two CPEUSC Dois permits, all in Williams County;
This page won't be updated; this well is tracked with the Brandvik/Weydahl wells.The Brandvik / Weydahl wells have been updated -- they are huge wells and are tracked here.
The well:
32818, 1,176, CLR, State Weydahl 10-36H2, Corral Creek, 56 stages; 10.6 million lbs, t12/18; cum 282K 1/20; off line as of 1/19; still off line as of 4/19; back on line 6/19; huge jump in production; 56 stages; 10.6 million lbs; Three Forks second bench;
Full production to date:
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
1-2020
22
12565
12618
12272
28201
26057
2073
BAKKEN
12-2019
31
24933
24912
19406
53716
47035
6542
BAKKEN
11-2019
30
23987
23985
19607
50852
47947
2797
BAKKEN
10-2019
31
26679
26706
20399
51937
50906
924
BAKKEN
9-2019
30
35230
35215
26637
62250
59503
2641
BAKKEN
8-2019
31
40471
40452
35455
69129
67543
1473
BAKKEN
7-2019
31
31881
31823
31269
45983
45105
800
BAKKEN
6-2019
12
8280
8254
10142
10030
9571
440
BAKKEN
5-2019
0
0
0
0
0
0
0
BAKKEN
4-2019
0
0
0
0
0
0
0
BAKKEN
3-2019
0
0
0
0
0
0
0
BAKKEN
2-2019
0
0
36
0
0
0
0
BAKKEN
1-2019
14
14452
14478
18789
15542
14429
1113
BAKKEN
12-2018
31
39247
39302
58003
52410
44687
7723
BAKKEN
11-2018
14
23330
23213
35074
28849
26259
2590
BAKKEN
10-2018
0
0
0
0
0
0
0
BAKKEN
9-2018
3
948
948
2057
936
0
936
From the file report:
Corral Creek/Rocket
spud: March 6, 2017
TD: April 20, 2017
TD: 21,631'
KOP: 10,757' MD
H&P 535 began drilling operations March 6, 2017
curve build began on the evening of March 9, 2017
curve landed on the evening of March 10, 2017
drilled out of the show on the morning of April 17, 2017
gas buster on briefly; rare flare; 5 - 8';
second bench entered at11,269'
ideal target: 19' thick; 8' below the internal 1 shale base, extended to 27' below the same reference points;
18200,1,658, Kraken/Kaiser-Francis/Fidelity, Kinnoin 24-13H,
Sanish field, t9/10; cum 696K 11/19; off line as of 8/18; back on line as of 10/18; off line as of 12/19;back on line 1/20 -- for three days; minimal production;
These wells go over 500K bbls cumulative crude oil production:
18858, 715, CLR, Morris 3-26H, Oakdale, Bakken, t5/11; cum 499K 1/20;off-line 8/19; back onl ine as of 3/19;
18876, 3,023, Whiting, Rohde 14-6XH, Sanish, t8/10; cum 504K 1/20;
Back on line after being off line for twelve months:
18861, 759, CLR, Carson Peak 2-35H, Oakdale, Bakken; t5/11 cum 727K 1/20;off line as of 10/18; still offline, 10/19; back on line 11/19; nice production;
Jump in production after being brought back on line:
19255, 718, Slawson, Muskrat Federal 1-28-33H, Van Hook, t1/11; cum 545K 1/20; off line 11/19;
This well goes over 600K bbls cumulative crude oil production:
22484, 2,946, EOG, Hawkeye 102-2501H,
Clarks Creek, Bakken, Three Forks; 3 standup sections, 1920 acres; TD = 25,451 feet; producing, first short month at
17,147 bbls, January, 2013; t1/13; cum 604K 1/20;extended long lateral (3 sections long);
35118, 1,089, middle Bakken section line well, t7/19; cum 150K 1/20; 32K month; no decline yet after seven months; 40 stages; 6 million lbs; first month production of 16,269 bbls over 18 days extrapolates to 27,115 bbls of crude oil; note also, that the operator has sold all oil ("runs") that has been produced ("BBLS Oil").
US crude oil in storage increased by less than one million bbls; actual number: 800,000 bbls
total US crude oil in storage: 444.1 million bbls; about 4% below the five-year average for this time of year;
refiners operating at 86.9% of capacity: very, very low;
jet fuel supplied decreased by 5.5% compared with same four-week period last year
Jim: you had one job to do -- "As a result of technical difficulties, we are unable to display the daily prices. We are working to resolve the issue."
Re-balancing:
Week
Week Ending
Change
Million Bbls Storage
Week 0
November 21, 2018
4.9
446.9
Week 1
November 28, 2018
3.6
450.5
Week 2
December 6, 2018
-7.3
443.2
Week 3
December 12, 2018
-1.2
442.0
Week 4
December 19, 2018
-0.5
441.5
Week 5
December 28, 2018
0.0
441.4
Week 6
January 4, 2019
0.0
441.4
Week 7
January 9, 2019
-1.7
439.7
Week 8
January 16, 2019
-2.7
437.1
Week 9
January 24, 2019
8.0
445.0
Week 58
January 3, 2020
-11.5
429.9
Week 59
January 8, 2020
1.2
431.1
Week 60
January 15, 2020
-2.5
428.5
Week 61
January 23, 2020
-0.4
428.1
Week 62
January 29, 2020
3.5
431.7
Week 63
February 5, 2020
3.4
435.0
Week 64
February 12, 2020
7.5
442.5
Week 65
February 20, 2020
0.4
442.9
Week 66
February 26, 2020
0.5
443.3
Week 67
March 4, 2020
0.8
444.1
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Non-Bakken News And Comment
Courts
Senator Schumer crossed the line by threatening two US Supreme Court judges -- Chief Justice Roberts. My thoughts: Senator Schumer is getting a head's up on how the justices might vote. Or Senator Schumer knows what the ruling will be if the justices interpret the law correctly. LOL.
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Politics
8:15 p.m. Central Time, 24 hours after the California primary ends -- pretty much impossible to find accurate California count of delegates for Bernie, Biden. "Everyone" reporting a different number. It appears the total US delegate spread between Biden (ahead) and Bernie (behind) is about 52 delegates.
Cost of narcissism: a reader brought this to my attention -- from the internets --
Normal new hospital development costs, barring equipment, is about $400 per square foot. Some enormoushospitals cost around $1.5 million for every bed to build. In the event that you are wanting to assemble a hospital of over 1.3 million square feet and 500 beds, it will cost you approximately $800 million. Feb 8, 2019.
Steyer and Bloomberg spent upwards of $1 billion for campaigns that lasted less than a few months; and, resulted in a handful of delegates.
Tennessee: more voters turned out to vote for Trump than for Biden and Bernie combined.
Brokered convention: Democrats working overtime to kill that meme.
Brokered convention: that may be the least of the Democrats' worries. Bernie will either run as an independent or his supporters will stay home in November.
Minnesota: analysts completely missed that story. Those on the ground in the Twin Cities know exactly what happened. Thank you, Pocahontas! LOL.
Bloomberg: prediction -- announces that he will drop out today. It's not that he doesn't have the money to keep going, he's become a laughingstock of politics. [Wow, that was prescient: I posted that before I saw the headline -- just saw the headline -- he's suspending his campaign. Suspending.]
The question is being asked: why is Pocahontas still in the race? In this case, follow the money. She will get out of the race once her political bank account is in the green and/or she has enough left over from the presidential run to fund her US Senate re-election in 2024.
Tell me again who won Super Tuesday. Note the whiteboard below, "before California/Super Tuesday" vs "after California/Super Tuesday":
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Dividends
The market: companies keep raising dividends. Those with a 30-year horizon: we don't get buying opportunities like this often. And, yes, this morning I added more shares in a position I am building; a non-energy company.
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.
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Coronavirus
Question for the day: why does the CDC and/or the media not report seasonal flu statistics on a daily basis like they do for coronavirus?
Countries:
Iran: out of control; another 586 new cases today (March 4, 2020)
China had only 131 new cases; compare with Italy, Iran, South Korea
Italy: out of control -- a whopping 587 more cases;
closing all classrooms; including all colleges -- announced March 4, 2020
South Korea: 435 more cases;
Russia: under control; three cases; no deaths;
New deaths:
one each in Australia, Iraq -- first deaths reported
the new death in Australia: a 95-year-old woman
new cases in Australia traced back to Iran (are you kidding me?)
otherwise, all new deaths in China, Italy, Iran
Fatality rate:
South Korea: 35 / 5,621 = 0.6%; probably represents the "most credible" number for the western world
South Korea probably as good as any western country for tracking / reporting cases / death
the overall denominator is big enough to make rate statistically reliable (unlike only 132 cases in the US, South Korea has 5,621 cases overall)
South Korea has an "open" society much like the rest of the western world
35253, 532, middle Bakken, t8/19; cum 118K 1/20; 32K month; no decline yet after six months; 40 stages; 8 million lbs;
35252, 236, Three Forks, t9/19; cum 76K 1/20; 40 stages, 4 million lbs;
35251, 655, middle Bakken section line well, t9/19; cum 146K 1/20; 42K month and no decline yet; in fact, production has increased month-over-month, after four months; 40 stages; 8 million lbs;
35118, 1,089, middle Bakken section line well, t7/19; cum 150K 1/20; 32K month; no decline yet after seven months; 40 stages; 6 million lbs;
35117, 502, Three Forks, t7/19; cum 104K 1/20; 26K month;
35116, 574, middle Bakken, t8/19; cum 132K 1/20; 40 stages; 6 million lbs;
35115, 54 (no typo), Three Forks, t8/19; cum 92K 1/20; 40 stages; 4 million lbs;
35101, middle Bakken,
35100, PNC, Three Forks,
35099, conf, middle Bakken, a big well; coming up on 150K bbls in production;
35098, 872, Three Forks, t9/19; cum 109K 1/20; a 30K month; 40 stages; 4 million lbs;
Given that Permian natural gas prices are once again hovering under
$0.50/MMBtu, Texas’s other gas markets get little attention these days.
That doesn’t mean that major shifts in the Lone Star State’s natural gas
supply and demand markets aren’t occurring outside of West Texas,
however. In fact, it’s quite the contrary, particularly when it comes to
the Houston Ship Channel gas market. There, major changes — new gas
pipelines, pipeline reversals and new LNG trains — continue to influence
flows and prices. Today, we provide an update on the latest in gas
infrastructure changes along the Texas coast and their potential impacts
on the region’s supply and demand balance.
The new, large-diameter crude oil pipelines coming online between the
Permian Basin and the Gulf Coast grab all the headlines.
They wouldn’t
be nearly as valuable to producers, however, if it weren’t for a number
of other, smaller projects being developed in West Texas to transport
large volumes of crude from major gathering systems and storage hubs to
these new takeaway pipelines.
A case in point is Lotus Midstream’s
recently unveiled Augustus Pipeline project, which will use a
combination of new and existing pipe to initially transport up to 150
Mb/d of West Texas Intermediate (WTI), West Texas Light (WTL) and West
Texas Sour (WTS) from Midland to Crane. When Augustus starts flowing
late this year, crude delivered to the Crane hub could flow into the
Longhorn Pipeline to Houston, or maybe the EPIC Crude or Gray Oak
pipelines to Corpus Christi. Today, we discuss Lotus’s planned
Midland-to-Crane project, and its significance for Midland Basin
producers and the pipe’s owner/developer.
