The CLR Palmer / Palmer Federal Wells -- Haystack Butte -- May 10, 2020

The CLR Palmer / Palmer Federal wells are starting to come off the confidential list this next week. 

The graphics:

The wells:

• 20803, IA/533, CLR, Palmer 1-25H, Haystack Butte, t11/11; cum 8/19; off line 8/19; remains off line 5/20;

• 35388, SI/A-->F/A, CLR, Palmer 2-25H1, Haystack Butte, first production, 3/20; t--; cum 64K 12/20;
  
• 35387, SI/A-->F/A, CLR, Palmer 3-25H, Haystack Butte, first production, 3/20; t--; cum 105K 12/20;
• 35386, SI/A-->F/A, CLR, Palmer 4-25H1, Haystack Butte, first production, 3/20; t--; cum 86 12/20;
• 35385, SI/A-->F/A, CLR, Palmer 5-25H1, Haystack Butte, first production, 3/20; t--; cum 79K 12/20;
• 35384, SI/A-->F/A, CLR, Palmer 6-25H, Haystack Butte, first production, 3/20; t--; cum 94K 12/20;

• 35622, SI/A-->F/A, CLR, Palmer Federal 13-25HSL1, Haystack Butte, , first production, 3/20; t--; cum 81K 12/20;
• 35621, SI/A-->F/A, CLR, Palmer Federal 12-25HSL, Haystack Butte, first production, 3/20; t--; cum 158K 12/20;
• 35383, SI/A-->F/A, CLR, Palmer Federal 11-25H1, Haystack Butte, first production, 2/20; t--; cum138K 12/20;
• 35382, SI/A-->F/A, CLR, Palmer Federal 10-25H, Haystack Butte, first production, 2/20; t--; cum 130K 12/20;
• 35381, SI/A-->F/A, CLR, Palmer 9-25H1, Haystack Butte, first production, 2/20; t--; cum 109K 12/20;
• 35380, F/NC-->F/A, CLR, Palmer 8-25H, Haystack Butte, first production, 3/20; t--; cum 145K 12/20;
• 35379, SI/A-->F/A, CLR, Palmer 7-25H1, Haystack Butte,first production, 7/20; t--; cum 87K 12/20;

All Roads Lead To North Dakota -- Things I Would Never Know If I Did Not Blog -- May 10, 2020

Idle rambling/chatter in a reply to a reader who noted that US intelligence suggests that current Wuhan flu pandemic probably goes as far back as September/October, 2019.

"Beijing, we have a problem": Truly, truly interesting. That brings us well back to October, possibly September, 2019, when the Chinese noted they had a problem. Compared to swine flu, this coronavirus certainly has staying power, as a pandemic.

Swine flu / influenza and corona virus are in two completely different groups of RNA viruses.

I have no idea if the Baltimore classification is still used, but if so, there are seven "Baltimore classes" of virus based on their genetic constitution.

By the way, corona virus has an interesting connection to North Dakota:

Coronaviruses were first discovered in the 1930s when an acute respiratory infection of domesticated chickens was shown to be caused by infectious bronchitis virus (IBV). Arthur Schalk and M. C. Hawn described in 1931 a new respiratory infection of chickens in North Dakota.

I'm hoping that, like Sputnik and the Apollo space missions, the current pandemic encourages a lot of young Americans to "go into" biology, chemistry, medicine.

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The Apple Page

AirPods: "Growth Was Almost Like Wildfire": link here. 

The epiphany:

We had this incredible wireless product, the iPhone. And yet, what began to feel odd is when you saw somebody using wired headphones. Right then you thought, why would you attach the wire?

Apple recently reported its financial results for the second fiscal quarter of 2020, and Apple CEO Tim Cook proudly announced that a quarterly record for wearables had been set. In the first fiscal quarter of 2020, Cook had also announced that Apple's wearables category had set a new all-time revenue record. In addition, it was mentioned that Apple's wearables business is now the size of a Fortune 150 company.

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Pigs In Space

Sophia took this in good spirits. She knew that Corky was just goofing around and that she wouldn't really be shot out of the cannon. Btu Corky sure is a good sport.

Prince MbS Wants The SABIC Deal Re-Structured -- May 10, 2020

Tell me again that Prince MbS's plan to flood the earth with oil was well thought out. LOL.

Re-posting. This might be the biggest story of the week and it's only Sunday.

Sour grapes: Saudi Aramco is seeking to review price of SABIC deal. Wow. Are you kidding? My hunch: the fix is already in. At Reuters: 

Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC’s value following a slump in oil prices in coronavirus pandemic.

• transaction priced at 123 riyals; $70 billion share of SABIC; represented 70% of SABIC;
• today: shares trading at 70 riyals; entire SABIC now valued at less than $60 billion; Aramco's stake now worth about $40 billion
• ouch
  

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The Geography Page

Subdivisions Of The Southern Appalachian Plateau

To help me understand the history of the Scotch-Irish / Ulster-Scots in America. Very, very broad-brushed; very simplistic; and probably filled with errors, but it gets me oriented to a part of the United States I don't know well.

Various links. A very generalized map at this link.

From north to south, and then east to west:

• Allegheny
• Allegheny Mountains (southwest PA, and eastern third of WV)
• Allegheny Plateau (eastern half of OH; western two-thirds of WV)
• Cumberland
• Cumberland Mountains (southeast corner of WV; southwest border of Kentucky/Virginia)
• Cumberland Plateau (eastern fifth of Kentucky; eastern sixth of Tennessee; into Mississippi

Latitudes:

• Allegheny Mountains, maybe
• from Pittsburgh, PA, to Charleston, WV; maybe 200 miles as the crow flies?
• Cumberland Mountains, maybe
• from Charleston, WV, to Knoxville, TN; maybe another 200 miles as the crow flies? 

Once having crossed the mountains:

• the Allegheny Plateau, in a northeast to southwest orientation, extends from western PA and western WV to eastern half of Ohio; a very little bit of northeastern Kentucky;
• the Cumberland Plateau, in the same northeast to southwest orientation, from a small eastern fifth of Kentucky, a small eastern sixth of Tennessee, and down into north-central Mississippi, skirting a bit of the northwestern corner of Alabama

Colonists, in this area:

• the northern route took them into Ohio
• the southern route took them into Tennessee

Is the east-west distance of the Allegheny in the north and the Cumberland in the south only 20 - 40 miles at most, again as the crow flies?

I have two wonderful memories of this area but at the time did not realize the significance of this incredibly beautiful area.

First trip through this area, Nashville, TN, to Westfield, NJ, early summer, 1971, mostly through the night; leaving Nashville, TN, early afternoon, and arriving Westfield, NJ, very early the next morning. The more I think about that trip, the more amazing it was.

Second trip through this area, Langley AFB, VA, to Wright-Patterson AFB, Dayton, OH, summer, 2001, if I recall correctly. A most spectacular drive through the mountains of West Virginia. Based on my notes above, they would have been the Allegheny Mountains, and maybe even the northeastern tip of the Cumberland Mountains: I-64 to Charleston, and then US Highway 35 through western VW and southeastern Ohio up to Dayton, OH.

Early western settlements at this site.

The Great Shenandoah Valley linked the northern and southern portions of the area sometimes called the “Old West.” In the North, this inland region extended across Pennsylvania and New York as far as Lake Champlain. In the South, the “Fall Line” formed the separation between the Tidewater settlements and the Piedmont which sloped gradually upward towards the Appalachian Mountains. Through the Valley, the Germans and the Scots-Irish migrated in unending procession.

Southern settlers from Maryland and Virginia moved along the Potomac River north and west to Fort Cumberland and then to Pittsburgh and Ohio country. Alternately, some went through mountain passes into Kentucky and Tennessee. Still others continued south and west into Georgia, Alabama, Mississippi, and Florida. 

That's enough now to get me oriented and get me started.

Re-reading: The Scotch Irish: A Social History, James G. Leyburn, c. 1962.

Shenandoah, Sissel Kyrkjebø

Initial Production Data For Wells Coming Off The Confidential List This Next Week -- May 10, 2020

The wells:

• 35622, conf, CLR, Palmer Federal 13-25HSL1, Haystack Butte,

Date	Oil Runs	MCF Sold
3-2020	14983	24960

• 34729, conf, Hess, BB-Federal B-151-95-2122H-2, Blue Buttes, 
• 35933, conf, XTO, Hovet Federal 41X-29D, Haystack Butte, 
• 35621, conf, CLR, Palmer Fedearl 12-25HSL, Haystack Butte,

Date	Oil Runs	MCF Sold
3-2020	30247	54970
11-2019	873	0

• 34730, conf, Hess, BB-Federal B-151-95-2122H-2, Blue Buttes,  
• 35747, conf, Zavanna, Usher 28-21 3H, Poe,

Date	Oil Runs	MCF Sold
3-2020	10238	12386
2-2020	30304	21159
1-2020	39824	6546
12-2019	2296	277
11-2019	12	0

• 35669, conf, Zavanna, Stranger 28-21 5TFH, Poe,

Date	Oil Runs	MCF Sold
3-2020	17787	16524
2-2020	16175	16084
1-2020	20327	10789
12-2019	30503	4214
11-2019	4404	0

• 35385, conf, CLR, Palmer 5-25H1, Haystack Butte,

Date	Oil Runs	MCF Sold
3-2020	3722	8117
11-2019	174	0

• 35382, conf, CLR, Palmer Federal 10-25H, Haystack Butte,

Date	Oil Runs	MCF Sold
3-2020	42371	69755
2-2020	26051	53235
11-2019	517	0

• 36799, conf, WPX, Nighthawk 6-34HUL, Heart Butte, 
• 36459, conf, BR, Glacierfill IF, Clear Creek, 
• 35746, conf, Zavanna, Usher 28-21 4TFH XW, Patent Gate,

Date	Oil Runs	MCF Sold
3-2020	12839	18166
2-2020	14332	28714
1-2020	19012	1636
12-2019	20316	2363

• 35386, conf, CLR, Palmer 4-25H1, Haystack Butte,

Date	Oil Runs	MCF Sold
3-2020	5844	14572
11-2019	200	0

• 36634, conf, WXP, Nighthawk 6-34HD, Heart Butte,  
• 36578, conf, XTO, Tong 34X-9E, Midway, 
• 36131, conf, Whiting, Elma TTT Federal 43-4H, Sanish,

Date	Oil Runs	MCF Sold
3-2020	16618	13683
2-2020	21683	16646
1-2020	25170	20867
12-2019	25711	10521
11-2019	8448	0

• 35383, conf, CLR, Palmer Federal 11-25H1, Haystack Butte,

Date	Oil Runs	MCF Sold
3-2020	23489	36556
2-2020	8247	15832
11-2019	578	0

• 35381, conf, CLR, Palmer 9-25H1, Haystack Butte,

Date	Oil Runs	MCF Sold
3-2020	16362	26421
2-2020	4656	9353
11-2019	274	0

• 36635, conf, WPX, Nighthawk 6-34HT, Heart Butte, 
• 36256, conf, Hess, RS-Harstad-155-91-0433H-4, Stanley,

Date	Oil Runs	MCF Sold
3-2020	12064	2880
2-2020	11420	926
1-2020	9553	164
12-2019	5520	110
11-2019	13893	60

• 36255, conf, Hess, RS-Harstad-155-91-0433H-5, Truax,

Date	Oil Runs	MCF Sold
3-2020	11372	3393
2-2020	6801	661
1-2020	4444	898
12-2019	13838	1790
11-2019	18629	150

• 35708, conf, Hess, SC-Hoving-154-98-1003H-5, Truax,

Date	Oil Runs	MCF Sold
3-2020	18625	34831
2-2020	11533	22452
1-2020	24227	33121
12-2019	17232	34031
11-2019	13275	23248

• 35707, conf, Hess, SC-Hoving-154-98-1003H-6, Truax,

Date	Oil Runs	MCF Sold
3-2020	24320	53374
2-2020	27628	60440
1-2020	28975	43480
12-2019	17658	29697
11-2019	20155	22283

• 36579, conf, XTO, Tong 34X-9A, Midway, 
• 36577, conf, XTO, Tong 34X-9C, Midway, 
• 35879, conf, Zavanna Usher 28-20 5HXW,  Patent Gate,

Date	Oil Runs	MCF Sold
3-2020	16731	18166
2-2020	273	349
1-2020	192	0
12-2019	37354	4415
11-2019	511	0

• 33807, conf, BR, CCU Gopher 6-2-15MBH, Corral Creek,
• 36637, drl, WPX, Nighthawk 6-34HY, Heart Butte, 
• 36575, drl, XTO, Tong 34X-9D,  Midway, 
• 33808, drl, BR, CCU Gopher 5-2-15TFH, Corral Creek,

Notes From All Over, Early Morning Edition -- Biggest International Story Of The Week? Already? And It's Only Sunday? -- Sunday, Mother's Day, May 10, 2020

Sour grapes: Saudi Aramco is seeking to review price of SABIC deal. Wow. Are you kidding? My hunch: the fix is already in. At Reuters: 

Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC’s value following a slump in oil prices in coronavirus pandemic.

• transaction priced at 123 riyals; $70 billion share of SABIC; represented 70% of SABIC;
• today: shares trading at 70 riyals; entire SABIC now valued at less than $60 billion; Aramco's stake now worth about $40 billion
• ouch
  

Iraq unsettled: nominee for finance minister derailed; interim named. 

Negative rates: Swiss National Bank forced to lower overnight lending rate to minus 0.75%; analysts say the negative interest was necessary to avert major damage to Switzerland; the SNB was also stepping up foreign currency purchases to dampen the rise of the franc; comment: Saudi princes flocking to Switzerland?

Restrictions on public life imposed by the Swiss government to try to curb the spread of COVID-19 were limiting Swiss economic activity to 70-80% of normal levels at an economic cost of 11-17 billion francs per month.

Asked by Tribune de Geneve if Swiss rates could go even more negative, he said: “We still have room to manoeuvre if necessary, but today we are focusing on interventions on the foreign exchange market to limit the pressure on the franc.”

He said the SNB had no plans at this stage to increase its gold holdings of 1,040 tonnes. 

Subways, trains, buses: empty around the world; not sure if riders will return -- Washington Post;

Minnesota, coronavirus update: 25 of the 26 new deaths occurred among residents of long-term care facilities; LTC facility deaths, at 434, account for more than 81% of all corona-virus-associated deaths. Of the 26 new decedents: ten were in their 90s, nine in their 80s, five in their 70s, and two in their 60s. The median age of all decedents remains at 83 years of age. Worthington pork processing plant:

• 2700 employees; all have been tested
• 1200 tested positive
• 90% were asymptomatic;
• 12 were hospitalized;
• no deaths;  

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Waffles On The Patio 

Mother's Day

Wells Coming Off The Confidential List This Next Week -- May 10, 2020

Monday, May 18, 2020: 55 for the month; 105 for the quarter, 332 for the year:
35622, conf, CLR, Palmer Federal 13-25HSL1, 
34729, conf, Hess, BB-Federal B-151-95-2122H-2,

Sunday, May 17, 2020: 53 for the month; 103 for the quarter, 330 for the year:
35933, conf, XTO, Hovet Federal 41X-29D,
35621, conf, CLR, Palmer Federal 12-25HSL, 
34730, conf, Hess, BB-Federal B-151-95-2122H-2, 

Saturday, May 16, 2020: 50 for the month; 100 for the quarter, 327 for the year:
35747, conf, Zavanna, Usher 28-21 3H, 
35669, conf, Zavanna, Stranger 28-21 5TFH, 

Friday, May 15, 2020: 48 for the month; 98 for the quarter, 325 for the year:
35385, conf, CLR, Palmer 5-25H1, 
35382, conf, CLR, Palmer Federal 10-25H, 

Thursday, May 14, 2020: 46 for the month; 96 for the quarter, 323 for the year:
36799, conf, WPX, Nighthawk 6-34HUL, 
36459, conf, BR, Glacierfill IF,
35746, conf, Zavanna, Usher 28-21 4TFH XW, 
35386, conf, CLR, Palmer 4-25H1, 

Wednesday, May 13, 2020: 42 for the month; 92 for the quarter, 319 for the year:
36634, conf, WXP, Nighthawk 6-34HD, 
36578, conf, XTO, Tong 34X-9E, 
36131, conf, Whiting, Elma TTT Federal 43-4H, 
35383, conf, CLR, Palmer Federal 11-25H1, 
35381, conf, CLR, Palmer 9-25H1,

Tuesday, May 12, 2020: 37 for the month; 87 for the quarter, 314 for the year:
36635, conf, WPX, Nighthawk 6-34HT, 
36256, conf, Hess, RS-Harstad-155-91-0433H-4, 
36255, conf, Hess, RS-Harstad-155-91-0433H-5, 
35708, conf, Hess, SC-Hoving-154-98-1003H-5, 
35707, conf, Hess, SC-Hoving-154-98-1003H-6,

Monday, May 11, 2020: 32 for the month; 82 for the quarter, 309 for the year:
36579, conf, XTO, Tong 34X-9A,
36577, conf, XTO, Tong 34X-9C,
35879, conf, Zavanna Usher 28-20 5HXW, 
33807, conf, BR, CCU Gopher 6-2-15MBH, 

Sunday, May 10, 2020: 28 for the month; 78 for the quarter, 305 for the year:
None.

Saturday, May 9, 2020: 28 for the month; 78 for the quarter, 305 for the year:
36637, conf, WPX, Nighthawk 6-34HY,
36575, conf, XTO, Tong 34X-9D, 
33808, conf, BR, CCU Gopher 5-2-15TFH, 

Week 19: May 3, 2020 -- May 9, 2020

Top story of the week:

• California's crumbling economy; and, here;

Top energy story of the week:

Favorite video:

Best news all week:

• Tesla looks to move out of California; HQ to TX; manufacturing to NV?

Biggest non-story of the entire week:

• Obama involved in Flynn case from the beginning?

Top international non-energy story:

• Things are just a bit too quiet in the Mideast right now; 
• Iran introduces new currency; lops four zeros off the "old" rial;

Top international energy story:

• OPEC Basket settles at $22/bbl
• Venezuela: CVX says it will stay;

Top national non-energy story:

• Trump's "total approval" rate at 49%; tops Obama's approval rate at same point in presidency;
• States starting to re-open

Top national energy story:

• US gasoline demand shows life; 
• Jet fuel delivered drops a whopping 67%;

Top North Dakota non-energy story:

Top North Dakota energy story:

• Tea leaves suggest DAPL to be shut down
• Number of active rigs drops below 20; 

Geoff Simon's top ND stories (does not include stories posted elsewhere on this page): pending

• Mercer County places moratorium on wind farms
• State submits amicus brief i support of DAPL pipeline
• State estimated 6,800 wells have been shut in
• "Project Tundra" CO2 capture plans moving ahead
• Hess sees no production shut-ins on hedges, storage capacity
• staggering 450,000-bbl drop in ND's daily oil production as 6,800 wells idled
• Nearly $3 million in CARES Act funding headed for Minot International Airport
• Camping in ND parks will re-open May 8, with restrictions  (think NYC, think Tokyo, and then think about density of camping in ND -- am I missing something?

Operations:

• Three spectacular EOG Clarks Creek wells; and, here;
• Zavanna reports a nice well in Poe field;
• MRO's nice D-S-T wells in Reunion Bay;
• MRO reports an incredibly B-D-E-F pad;
• Another BR Shenandoah well goes over 500K;
• Operators:
• Chesapeake Energy preparing for bankruptcy;

Advantaged oil:

• Zavanna's Usher well in Poe field; 
• Slawson's Mamba, Bandit wells;
• Old Kraken well production jumps 8-fold;

Fracking:

• BR's re-fracked Veeder well;

Natural gas:

Bakken economy:

Commentary:

• Bakken update -- RBN Energy;
  
• Saudi Arabia didn't increase production all that much; rather, it emptied its onshore storage in the Mideast;
• Why the next oil price cycle is so important for Saudi Arabia -- contributor, SeekingAlpha;
• Sweden picked the wrong strategy if measured by deaths per capita;
• Atmospheric CO2 rises despite shut down of global economy;