Sunday, May 17, 2020

Notes From All Over -- The Late Sunday Night Edition -- May 17, 2020

From oilprice this evening, link here. I wouldn't have bothered with the first banner headline but I have a link at the sidebar at the right, near the top, which links to a question I had when this all started: whether the Bakken or the Permian would be hit harder.

First item:

The second item is very, very interesting. Note the oil price rally (banner below). At least for now the price rally continues. It's fascinating but meaningless. It's meaningless because it's not predictable; it doesn't make sense; and, there is no way one can model it.
What interests me is the relative prices: comparing the various crude oils.
But what really, really interests me is the "OPEC Basket." This is the third time in about five days that I've brought this up. I assumed it was a mistake. Oilprice very, very, very rarely makes a mistake on their banner oil prices but it does happen. But if this was an error, certainly after 24 hours, or 48 hours, or even 72 hours, this error would have been corrected. But it hasn't changed. I don't get it. I still think that even if it's an error, it reflects "reality," whatever "reality" is these days.
Second item:


I checked the official OPEC site, and they show "OPEC Basket" rising but still below WTI. The OPEC site lags a bit; the most recent date is May 14, 2020 (I'm writing this on May 17, 2020), and the OPEC Basket is $24.93.

I still think things are too quiet in the Mideast which I first mentioned May 7, 2020 -- that's ten days ago. Wow, time flies.

How is the president doing with regard to the pandemic? Link here. Most recent results from the Rasmussen daily presidential poll:


Once folks get their next $2,000 check -- thank you, Ms Pelosi -- his polling numbers should rise again. What a great country.

Notes From All Over -- Late Sunday Afternoon Edition -- May 17, 2020

Bragging rights: NASCAR.
First major professional sport that "comes back" as the US begins to re-open during Wuhan flu outbreak. It is fitting that this "first" race is at Darlington, South Carolina. Pretty amazing.
It will be interesting to see the ratings. The only "live" sports prior to this was the national (?) "cornhole" championship which was held this past week. I can't make this stuff up.
[Later: Kevin Harvick wins. Nice job. Well deserved. It almost appears every race driver was on his best behavior. His 50th Monster Energy Series career win. Wow. Best news: Ryan Newman raced. He finished. And he finished in 15th place, a solid race. I assume his family is much relieved. He says he still has no memory of the Daytona crash.]
Next race: Wednesday, three nights from now, also at Darlington, a night race. What a great country. I guess the professional golfers are still afraid of the virus. LOL. 

Reality. Link here

I agree with the "overall" sentiment but I think the top 1% will do very, very well coming out of the Wuhan flu lock down, and the top 10% -- not just the top 1% -- will do "largely" fine.  
My hunch is that the gap between the top 10% and the middle class will widen.
Significantly.
I don't think the "middle class" will be smaller, unless they change the definitions. The middle class includes the lower middle class, the middle middle class, and the upper middle class. I think the middle class will stay about the same size but within the middle class things will shift to the left (left: less well off).

As usual, the investor class should do very, very well, compared to non-investors. In addition to everything else, and all things being equal, my hunch is that the Wuhan flu "lock down" affected the non-investor class a whole lot more than the investor class.

With regard to the "country being horrifically in debt," I think one needs to compare the economic debacle with the Great Depression, the global economy after World War, and the US and global economy after WWII, before using the word "horrifically." 
Paul Krugman is not concerned about the debt, nor are my sub-continent Indian neighbors. 
Amazon is back! Folks might remember that Amazon had to prioritize shipments during the height of the Wuhan flu panic.
Books were very, very low priority; masks were very, very high priority.
Yesterday, I ordered a book for our older daughter in Portland, OR -- yesterday, May 16, 2020. Today, May 17, 2020, less than 24 hours later, I get an e-mail from our daughter that the book has been delivered and she is already reading it. LOL.
Wow. Even if Barnes and Noble had been open I could not have gotten the book to her faster. Not only that, mailing was free (yes, I know --- I pay for Amazon Prime -- so, it's really not free) and get this: cash back from the Amazon credit card has grown to such a huge amount I'm not paying for much at Amazon. This book: $0.00. 
Speaking of "cash back" and loyalty cards: it's just amazing.
I order a fair amount of photograph enlargements from Walgreens. Walgreens always has coupons; sometimes one has to look for them on line but they are there. Generally, the coupons are 40% or 50% off. The prints I get back are spectacular. And then on top of that, I build up "cash" through the loyalty program. It's truly amazing. And, oh by the way, if I want to buy prints for a family member that lives elsewhere, I can have the photos printed at any Walgreens across the country and the family member can pick up photos at their nearby Walgreens.

This Headline Worth 10,000 Words -- May 17, 2020



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Bob Jones Park
Southlake, Texas

May 17, 2020

Notes From All Over, The Early Sunday Afternoon Edition -- May 17, 2020

Updates

RFG and crack spread: for help in understanding this, see comments below, including this:
RFG, reformulated gasoline. Lower vapor pressure for summer use by limiting the amount of butane in summer gasoline vs. winter gasoline. Plus special processing for low vapor gasoline with decent octane.

Crack spread. Start with a gallon of crude oil. For example you paid $1.00 a gallon. Refine it: gasoline, diesel, fuel oil, bunker fuel, jet fuel, etc. You sell all of the products, and you get $1.20 a gallon after selling all of the products. That gives you a crack spread of $0.20 a gallon with a blend of all of the products. Assuming that jet fuel and diesel are break even, making $$$ on gasoline.
Every time I see RFG, I think BFD, and every time I see "crack spread," I'm thinking some illicit drug. LOL. Seriously, the reader's explanation of "crack spread" was a huge help. Thank you.

Original Post

Perspective: it's all about one's perspective, isn't it? For example, much of the private land in North Dakota was handed down to current owners from original settlers three generations ago. Maybe four generations. Let's see: my grandfather -- my father -- me -- Sophia -- that's four generations. Sophia's counterpart in North Dakota who will inherit mineral rights isn't affected by current events at all except in the "derivative" sense. If Sophia's counterpart in North Dakota retains her mineral rights, she may be very, very happy that oil companies are taking this bruising now.
  • in Europe before the 19th century, wars were measured in terms of centuries (the Four Hundred Years' War, for example)
  • US Revolutionary War: 1775 - 1783
  • US Civil War: 1861 - 1865
  • WWI: 1914 - 1918
  • WWII: 1939 - 1945
  • The Korean War: 1950 - 1953, armistice, but no peace agreement -- so, 1950- 2020 ("frozen conflict")
  • Second Indochina War: 1955 - 1975
  • Afghanistan War: began in 2001; in 2014, the 13-year war had become the longest war fought by the US
  • Corona virus: may have been released in China as early as September, 2019; the US did not declare "war" until January 31, 2020 when international flights from China were banned: it's now been less than four months, and, there is already talk of an "armistice" (a gradual re-opening of the US; a peace treaty with the virus is likely never to be signed)
Winners and losers:
  • very, very difficult to make up for "lost time"
  • very difficult to make up for lost income
  • watching the evening news is thirty minutes one will never get back
Daily grocery store visit: I try to visit our neighborhood store once every day. During the "toilet paper crisis" I visited the store twice a day, not to buy anything, but to see how things were going. Sort of like a journalist might do. LOL. Whatever.
Now I go to the store once a day for three reasons:
  • to buy a fresh loaf of French bread which the oldest granddaughter likes for grilled cheese sandwiches and baguettes which the middle granddaughter and her dad like for snacking;
  • to buy three or four apples (two of the three granddaughters love them); Koru are their current favorites, but Fuji are an adequate substitute; never, never, never red delicious;
  • look for steak that has gone on sale (finding some incredible bargains)
At the same time, I am also going once a day to simply see how things are going. Right now, there are NO shortages of anything except French onion potato chip dip; three stores in our local area have been out of this item for five days now.
Observations today:
  • that perceived egg shortage reported by the WSJ a few weeks ago? Not here; coffins are overflowing with eggs, and a dozen large Grade A eggs are selling for $0.99;
  • paper goods aisle -- bathroom tissue and paper towels fill the shelves
  • a half gallon of premium ice cream selling for $7.99 last week is now back to $6.99/half gallon
About half of the customers are wearing face masks; few are actually following directions on the floor telling folks which way to walk down the aisles. It appears that masks great affect one's ability to see clearly and read the direction of 2-foot arrows painted on the floors. All employees are wearing masks and the shopping carts are spotless, and wiped down with disinfectant within seconds after being returned to the store.
In the local area, it almost appears that more people are wearing their masks outdoors even if no other human being is in sight, whereas in the very busy grocery store, about half are not wearing masks. And walking the wrong way down the aisles.

My favorite: drivers in POVs, driving with no passengers, wearing their masks.
Gasoline: most surprising -- how fast gasoline went from $1.09 to $1.55/gallon in our local area, when there is now an unprecedented 42-day supply of crude oil in this country. Why isn't the governor looking into this?

Koru apples
  • Koru apples are a modern New Zealand variety of Malus domestica. They are an accidental cross between Fuji (Japanese) and Braeburn (Motueka, New Zealand), with characteristics of each. Koru is a brand name for the apple cultivar Plumac.
Word for the day: bawn.

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Water Over The Bridge

After almost steady rain for the past 24 hours, we had water over the bridge at Parr Park, Grapevine, TX.

Parr Park

Super-Tankers Headed To China -- May 17, 2020

117 super-tankers filled with Mideast crude oil heading to China, Bloomberg, May 16, 2020.

Link here.

There are 117 of the industry’s largest crude carriers en route to ports in the Asian country, where there have been increasing signs of a pickup in oil demand following the outbreak of coronavirus. That’s the biggest number of the vessels since at least the start of 2017, and quite possibly ever. Assuming they have standard-sized cargoes on board, the ships are likely delivering at least 230 million barrels of cargo. 
The surge in flows is just another piece of evidence underpinning the idea that the country’s oil consumption is recovering at a time when many other nations are still struggling to ease lockdown measures as they combat Covid-19. China’s apparent oil demand surged by roughly 11% from March into April, and the nation’s independent refineries are processing at a record rates.
“Chinese purchases are done on geopolitical grounds and pricing ground,” said Peter Sand, the chief analyst at shipping trade group BIMCO. “The stars aligned for perfectly in 2nd half of April.”
Many of the shipments, due to arrive between now and mid-August, are likely to have been purchased last month, when oil prices briefly plunged toward zero because of a huge global overproduction of crude. U.S. barrels traded at negative prices last month amid concern about a lack of space to store supplies while, across the world, physical grades also became steeply discounted.
China’s apparent oil demand rose to 11.81 million barrels a day in April, up from 10.63 million in March, according to data compiled by Bloomberg. That means the vessels en route will deliver almost 20 days of supply.

The MRO L-O-T-V Pad And The MRO A-J-2K-S Pad In Reunion Bay -- May 17, 2020

Updates

August 26, 2021: the Betty Shobe pads updated. Jump in production.

February 8, 2021: production updates here; staggering. 

December 24, 2020: see staggering initial production data here

Original Post

The graphics:



The MRO L-O-T-Vpad:

  • 36922, 5,055, MRO, Lang USA 41-8TFH, 33-061-04594, Reunion Bay, first production, 10/20; Reunion Bay, t--; cum --; fracked 9/16/20 - 9/28/20; moderate frack, 9.8 million gallons; but again, note the "low fresh water": 66.3% (no typo) water by mass; extrapolates to 113,832 bbls over 30 days:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2020826150265392202530526289830
BAKKEN10-202017645056360767387679184402020158
  • 36921, 4,453, MRO, Vickall USA 41-5H, 33-061-04593, Reunion Bay, first production, 10/20; Reunion Bay, t--; cum --; fracked 9/16/20 - 9/29/20; big frack, 10.4 million gallons; but again, note the "low fresh water": 65.2% (no typo) water by mass but also produced water, 18.3% water by mass; extrapolates to 69,780 bbls over 30 days:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2020204652045615445045955356518271
BAKKEN10-202020088989188
  • 36923, 4,806, MRO, Thorson USA 41-8H, 33-061-04595, Reunion Bay, first production, 10/20; Reunion Bay, t--; cum --; fracked 9/16/20 - 9/29/20; big frack, 10.5 million gallons; but again, note the "low fresh water": 66.2% (no typo) water by mass; extrapolates to 68,196 bbls over 30 days:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2020214773747558409116226759299342
BAKKEN10-2020821575212821914721232188861159
  • 37323, 4,252, MRO, Oscar Thorson USA 41-8TFH-2B, 33-061-04659, Reunion Bay, first production, 10/20; Reunion Bay, t--; cum --; fracked 9/16/20 - 9/26/20; moderate frack, 7.5 million gallons; but again, note the "extremely low fresh water": 59.6% (no typo) water by mass; but 25.1% produced brine water by mass; extrapolates to 83,117 bbls over 30 days:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2020006760000
BAKKEN10-202018498704919471407628254352516557

The MRO A-J-2K-S pad:

  • 36919, 3,212, MRO, Klemstead USA 44-5TFH, Reunion Bay, first production, 10/20, t--; cum --;
  • 36918, 4,547, MRO, Kolbo USA 34-5H, Reunion Bay, first production, 10/20; 18K; t--; cum --;
  • 18692, 781, MRO, Jasper L USA 34-5H Reunion Bay, t11/10; cum 368K 3/20; off line 4/20; remains off line 10/20;
  • 36920, 4,336, MRO, Adonijah USA 44-5TFH-2B, first production, 10/20; Reunion Bay, t--; cum --;
  • 18693, 560, MRO, Betty Shobe USA 41-8H, Reunion Bay, 9/10; cum 343K 3/20; off line 1/19; back on line 2/20; off line 4/20; remains off line 10/20;

MRO Action In Reunion Bay -- The P-R-S-4W Pad -- May 17, 2020

The Wells As Of 1/21

In addition to the P-R-S-4W pad, this page also includes ten wells on two parallel pads to the north. 

The wells:

  • 33945, loc/NC-->3,970, MRO, Walcel USA  42-8H, Reunion Bay, 33-061-04123; first production, 9/20; t10/20; cum 64K over 28 days; recent production, 63,483 bbls over 28 days extrapolates to 68,000 bbls over 30 days; cum 201K 2/21; cum 242K 4/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN10-20202863483630355281079947730243133
BAKKEN9-20203812761112610280983
  • 33946, loc/NC-->2,424, MRO, Ranum USA  44-8TFH-2B, Reunion Bay, 33-061-04124; first production, 9/20; t10/20; cum 36K over 28 days; recent production, 65,439 bbls over 27 days extrapolates to 39,000 bbls over 30 days: fracked 8/26/20- 9/9/20; 8.8 million gallons of water; 67.6% water by mass; cum 144K 2/21; cum 180K 4/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN10-20202836216363356071339208357401330
BAKKEN9-202036379597515657892070341463
  • 33947, loc/NC-->4,632, MRO, Prior USA  44-8TFH-2B, Reunion Bay, 33-061-04125; first production, 9/20; 10/20; cum 65K over 27 days; recent production, 65,439 bbls over 27 days extrapolates to 72,000 bbls over 30 days; cum 202K 2/21; cum 245K 4/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN10-20202765439649347716871581645073211
BAKKEN9-202021591499425170508
  • 37395, loc/NC-->4,798, MRO, Wallentinson USA  44-8H, Reunion Bay, 33-061-04684; first production, 9/20; t10/20; cum 49K over 19 days; recent production, 49,943 bbls over 19 days extrapolates to 78,000 bbls over 30 days; cum 226K 2/21; cum 253K 4/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN10-20201949493508513886756516511052480
BAKKEN9-20201027585258382162232614297221069
  • 37403, loc/NC-->5,266, MRO, Stanfest USA  42-8H, Reunion Bay, 33-061-04685; first production, 10/20; t10/20; cum 60K over 20 days; recent production, 59,973 bbls over 20 days extrapolates to 90,000 bbls over 30 days, fracked 8/27/20 - 9/14/20; 9.9 million gallons of water; water79.7% by mass; cum 190K 2/21; cum 257K 4/21;
    PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
    BAKKEN2-20212837394373561814467384650892057
    BAKKEN1-20213137512374861997547976456922077
    BAKKEN12-20202130168301891773636569347450
    BAKKEN11-20201125088251731969332424308710
    BAKKEN10-20202059973595014953971840632575026
     
  • 21631, 1,463, MRO, Waljen USA 43-8H, Reunion Bay, t9/12; cum 475K 2/21;
  • 21630, 1,378, MRO, Waltom  USA 43-8TFH, Reunion Bay, Reunion Bay, t9/12; cum 444K 4/21;
  • 36921, 4,453, MRO, Vickall USA 34-5H, Reunion Bay, t11/20; cum 192K 4/21;
    DateOil RunsMCF Sold
    2-20212946157841
    1-20215876193262
    12-20202961839272
    11-20204561556518
  • 36922, 5,009, MRO, Lang USA 41-8TFH, Reunion Bay, t10/20; cum 245K 4/21;
    DateOil RunsMCF Sold
    2-20212798859251
    1-20213178245363
    12-20205548670260
    11-20202653928983
    10-20206360744020
  • 36923, 4,806, Thorson USA 41-8H, Reunion Bay, t10/20; cum 226K 4/21;
    DateOil RunsMCF Sold
    2-20212228639746
    1-20213377048418
    12-20206198274423
    11-20204755859299
    10-20202128218886
  • 37323, 4,252, MRO, Oscar Thorson USA 41-8TFH-2B, Reunion Bay, Three Forks second bench; 1600-acre spacing; fracked 9/16/20 - 9/26/20; 7.5 million gallons of water (medium frack); 59.6% fresh water by mass; 25.1% produced water by mass; more at this link; t10/20; cum 228K 4/21;
    DateOil RunsMCF Sold
    2-20213113154199
    1-20214573267215
    12-20205796173471
    11-20206760
    10-20204919443525
  • 36919, 3,212, Klemstead USA 44-5TFH, Reunion Bay,  t11/20; cum 175K 4/21;
DateOil RunsMCF Sold
1-20212688538136
12-20202829636816
11-20203949851019
  • 36918, 4,547, Kolbo USA 34-5H, Reunion Bay, t10/20; cum 280K 4/21;
    DateOil RunsMCF Sold
    2-20211866624814
    1-20212614036108
    12-20202829636816
    11-20203949851019
  • 37515, 5,556, MRO, Pelarske USA 44-5TFH-2B, Reunion Bay, first production, 10/20; t--; cum 160K 2/21; first month's production extrapolates to 89,847 bbls crude oil over 30 days; second month, extrapolates to 66,334 bbls crude oil over 30 days. t10/20; cum 225K 4/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-20212620987209462796229015264992401
BAKKEN1-20213128679287383706540506388321543
BAKKEN12-20203034288345484656345357433120
BAKKEN11-20202146434471636045457867551280
BAKKEN10-20201029949285534113839322324025159
  • 18692, IA/781, MRO, Jasper L USA 34-5H, Reunon Bay, t11/10; cum 368K 3/20; remains off line 4/21;
  • 36920, 4,336, Adonijah USA 44-5TFH-2B, Reunion Bay, t11/20, cum 271K 4/21;
    DateOil RunsMCF Sold
    2-20213161951547
    1-20214388260860
    12-20206632082551
    11-20205958361263
  • 18693, 560, MRO, Betty Shobe USA 41-8H, Reunion Bay, t9/10; cum 362K 4/21;

Updates

December 25, 2020: fracked; producing; huge wells;

Original Post

The graphics:



The wells:
  • 21630, 1,378, MRO, Waltom USA 43-8TFH, Reunion Bay, t9/12; cum 430K 12/20; off line 1/20; remains off line 4/20; back on line 12/20; nice jump in production; cum 443K 4/21;
  • 21631, 1,463, MRO, Waljen USA 43-8H, Reunion Bay, t9/12; cum 472K 12/20; off line 1/20; remains off line 4/20; back on line 12/20; cum 487K 4/21;
  • 33945, 3,970, MRO, Walcel USA 42-8H, Reunion Bay, first production, 9/20; t10/20; cum 175K 12/20; cum 242K 4/21;
  • 33946, 2,424, MRO, Ranum USA 42-8TFH-2B, Reunion Bay, first production, 9/20; t9/20; cum 121 1/21; cum 180K 4/21;
  • 33947, 4,632, MRO, Prior USA 42-8TFH-2B, Reunion Bay, first production, 9/20; t10/20; cum 173K 1/20; cum 245K 4/21;
  • 37395, 4,798, MRO, Wallentinson USA 44-8H, Reunion Bay, huge, see initial production here; t9/20; cum 253K 4/21;
  • 37403, 5,266, MRO, Standfest USA 42-8H, Reunion Bay, huge, see initial production here; t10/20; cum 257K 4/21;

Continuing To Draw Tweets And Re-Tweets -- Kuwait / Saudi ArabiaTo Shut Shared Field Just Months After Re-Opening -- May 17, 2020

This story continues to draw tweets and re-tweets: Kuwait, Saudi Arabia to shut shared Al-Khafji field justmonths after re-start.
The shutdown comes just months after both countries agreed to resume production at the Neutral Zone. Total production at the Neutral Zone, which comprises the offshore Al-Khafji and onshore Wafra fields, was 260,000 b/d in April, with each country sharing output 50-50. Kuwait's share of the Wafra field was 60,000 b/d at the time and the Al-Khafji share was about 70,000 b/d, signaling the shut down will remove about 140,000 b/d from the market.
"There are simply no buyers. This is why everybody is volunteering cuts," the source said.

Initial Production Data For Wells Coming Off The Confidential List This Next Week -- May 17, 2020

The wells:
  • 36963, conf, WPX, Meadowlark 6-34HW, Heart Butte
  • 36211, conf, XTO, FBIR Baker 34X-25G,  Heart Butte,
  • 36964, conf, WPX, Meadowlark 6-34HB, Heart Butte,
  • 36792, conf, Sinclair, Harris Federal 3-32H, Lone Butte,
  • 36598, conf, Whiting, Erickson 14-23-3H, Glass Bluff,
DateOil RunsMCF Sold
3-2020161130
2-202015866456
1-2020154862710
12-2019244032924
11-201945715
  • 36358, conf, Slawson, Gunslinger Federal 2-12-1H, Sand Creek, 
  • 34259, conf, Crescent Point Energy, CPEUSC Tami 6-8-5-157N-99W-LL TFH, Lone Tree Lake,
  • 36597, conf, Whiting, Erickson 44-35HU, Glass Bluff,
DateOil RunsMCF Sold
3-2020155420
2-202015725656
1-2020192602660
12-2019238703916
11-2019653277
  • 36357, conf, Slawson, Gunslinger Federal 9-12-1TFH, Sand Creek, 
  • 36132, conf, Whiting, Ed TTT Federal 43-4H, Sanish,
DateOil RunsMCF Sold
3-20202346320475
2-20202572118240
1-20202935512094
12-20192510311218
11-201968520
  • 34258, conf, Crescent Point Energy, CPEUSC Tami 2-8-5-157N-99W MBH, Lone Tree Lake,
  • 36356, conf, Slawson, Gunslinger Federal 3-12-1H, Sand Creek, 
  • 36156, conf, Nine Point Energy, S Missouri 152-103-9-11-11H, Eightmile,
DateOil RunsMCF Sold
3-2020225380
2-2020103040
1-2020206610
12-2019259210
11-201969500
  • 35929, conf, XTO, Mandal Federal 41X-29H, Haystack Butte,  
  • 35665, conf, Zavanna, Stranger 28-21 1TFH, Poe,
DateOil RunsMCF Sold
3-20201551913219
2-20201880620561
1-2020178015111
12-2019116061496
11-2019460
  • 35232, conf, Nine Point Energy, Helling 150-101-7-6-6H, Pronghorn,
DateOil RunsMCF Sold
3-2020182420
2-2020159250
1-2020164030
12-2019279600
11-201951440

  • 34257, conf, Crescent Point Energy, CPEUSC Tami 7-8-5-157N-99W TFH, Lone Tree Lake,
  • 35930, conf, XTO, Mandal Federal 41X-29DXA, Haystack Butte,
  • 35231, conf, Nine Point Energy, Helling 150-101-7-6-6H, Pronghorn,
DateOil RunsMCF Sold
3-2020242620
2-2020215820
1-2020144100
12-2019293290
11-201979620
  • 35448, conf, Hess, BB-Federal B-151-95-2122H-11, Blue Buttes, 
  • 35931, conf, XTO, Hovet Federal 41X-29E, Haystack Butte, 
  • 34727, conf, Hess, BB-Federal B-151-95-2122H-5, Blue Buttes,   
  • 34255, conf, Crescent Point Energy, CPEUSC Tami 8-8-5-157N-99W TFH, Lone Tree Lake,
  • 33024, conf, BR, Renegade 24-10 TFH, Sand Creek, 
  • 35932, conf, XTO, Hovet Federal 41X-29G, Haystack Butte, 
  • 34728, conf, Hess, BB-Federal B-151-95-2122H-4, Blue Buttes, 
  • 35622, conf, CLR, Palmer Federal 13-25HSL1, Haystack Butte,
DateOil RunsMCF Sold
3-20201498324960
  • 34729, conf, Hess, BB-Federal B-151-95-2122H-2, Blue Buttes, 
  • 35933, drl, XTO, Hovet Federal 41X-29D, Haystack Butte, 
  • 35621, SI/A, CLR, Palmer Federal 12-25HSL,  Haystack Butte, over 30 days, 30,325 bbls in 24 days extrapolates to 37,906 bbls:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN3-20202430325302473566358506549703536
BAKKEN2-20200000000
BAKKEN1-20200000000
BAKKEN12-20190000000
BAKKEN11-201938738733420137701377
  • 34730, loc/drl, Hess, BB-Federal B-151-95-2122H-2, Blue Buttes, 
  • 35747, SI/NC, Zavanna, Usher 28-21 3H, Poe, t--; cum 94K over 4 months;a 45K month;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN3-2020221132410238138601295912386245
BAKKEN2-20202935125303042885626418211594827
BAKKEN1-20203145183398244260465435654658427
BAKKEN12-2019324792296311541132773791
BAKKEN11-20193521297104350391
  • 35669, SI/NC, Zavanna, Stranger 28-21 5TFH, Poe, t--; cum 98K over four months; over 30 days, 32,295 bbls extrapolates to 33,408 bbls;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN3-2020312005717787268821795716524971
BAKKEN2-2020281842716175279501699616084495
BAKKEN1-202031225092032736192359551078924704
BAKKEN12-20192932295305035456259628421454982
BAKKEN11-201974720440414936433604232