EIA's Monthly Dashboards Posted -- June 15, 2020

I'm too exhausted to post it tonight but the EIA monthly drilling and productivity report has been posted.

The link is here.

The EIA dashboard links:

• EIA pdf, Bakken: https://www.eia.gov/petroleum/drilling/pdf/bakken.pdf
• EIA, pdf, Permian: https://www.eia.gov/petroleum/drilling/pdf/permian.pdf
• EIA, pdf, Eagle Ford: https://www.eia.gov/petroleum/drilling/pdf/eagleford.pdf

Enjoy.

I would have missed the report but a reader reminded me that they were posted. That reader will report it this next Sunday, Focus on Fracking. 

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Charlotte Rampling

Well, this is pretty coincidental. I watched Swimming Pool three times this weekend, starring Charlotte Rampling. I really don't know much about her. My wife knows "everything" about these actresses (and actors). She grew up with the movies; I did not.

So, Swimming Pool, Charlotte Rampling (on DVD) this weekend.

This evening on TCM, Farewell, My Lovely. I had seen it before, but never really paid attention. Tonight I watched it more closely. I look forward to watching it again. Robert Mitchum as Philip Marlowe -- as good as, maybe better than, the other guy that played Marlowe. A very young Charlotte Rampling played the femme fatale. She certainly channeled Lauren Bacall. Rampling would have been about 28 years old when she filmed Farewll, My Lovely. She was about 57 years old when she filmed Swimming Pool.

Purely coincidental that I would see her in two movies this weekend/tonight.

Sylvester Stallone, by the way, was in Farewell, My Lovely.

Lauren Bacall, born in 1924. To Have And Have Not, 1944. Bacall would have been about nineteen years old when filming the latter. 

BR's Cherry Pad In Haystack Butte

The Wells

• BR has permits for nine wells and an existing well on the Cherry pad in sections 23/24/25/26-147-97, Haystack Butte
• 37631, ros (1/21)-->conf; Cherry Danish 1U MBH, NWNW 25-149-97, 49' FNL 65' FWL; 33-053-09453; no frack data, 2/21;
  
• 37632, conf, BR, Cherry Juice 1T TFH, SWSW 24-149-97, 14' FSL 0' FWL
• 37633, conf, BR, Cherry Blossom 1S MBH, SESE 23-149-97, 45' FSL 32" FEL
• 37634, conf, BR, Cherry Pie 1R TFH ULW, SESE 23-149-97, 77' FSL 64" FEL
• 37635, conf-->drl/drl, BR, Cherry Tree 1Z TFH, SESE 23-149-97, 77' FSL 64' FEL
• 37636, conf-->drl/drl, BR, Cherry Claire 1Y MBH, NENE 26-149-97, 128' NFL 12' FEL
• 37637, conf-->drl/drl, , BR, Cherry Margarita 1X TFH, NENE 26-149-97, tr' FNL 77' FEL
• 37638, conf-->drl/drl, , BR, Cherry Daquiri 1W MBH, NENE 26-149-97, 33' FNL 109' FEL, 33-053-09460, no frack data as of 2/21;
• 37639, conf-->drl/drl, BR, Cherry Ice Cream 1V TFH, NENE 26-149-97, 1' FNL 141' FEL, 33-053-09461, no frack data as of 2/21;
  
• 17402, IA/1,107, BR, Cherry Creek 11-25H, NWNW 25-149-97,  t3/09; cum 210K 7/20; off line 8/20; remains off line 2/21; open hole frack; less than a million lbs;

Updates

February 9, 2022: it appears the BR Cherry pad wells have been drilled to depth, reported as completed DUCs, but no production reported yet. See daily activity report this date.

May 2, 2021: BR is starting to report its "Cherry" wells. 

December 3, 2020: updated graphics at this post. 

Nine new permits, #37631 - #37639, inclusive, June 15, 2020.On December 3, 2020, all wells were noted to be on confidential list with rig on site.

• Operator: BR
• Field: Haystack Butte (McKenzie)
• Comments:
• BR has permits for nine wells and an existing well on the Cherry pad in sections 23/24/25/26-147-97, Haystack Butte
• 37631, ros (1/21)-->conf; Cherry Danish 1U MBH, NWNW 25-149-97, 49' FNL 65' FWL; 33-053-09453; no frack data, 2/21;
  
• 37632, conf, BR, Cherry Juice 1T TFH, SWSW 24-149-97, 14' FSL 0' FWL
• 37633, conf, BR, Cherry Blossom 1S MBH, SESE 23-149-97, 45' FSL 32" FEL
• 37634, conf, BR, Cherry Pie 1R TFH ULW, SESE 23-149-97, 77' FSL 64" FEL
• 37635, conf, BR, Cherry Tree 1Z TFH, SESE 23-149-97, 77' FSL 64' FEL
• 37636, conf, BR, Cherry Claire 1Y MBH, NENE 26-149-97, 128' NFL 12' FEL
• 37637, conf, BR, Cherry Margarita 1X TFH, NENE 26-149-97, tr' FNL 77' FEL
• 37638, conf, BR, Cherry Daquiri 1W MBH, NENE 26-149-97, 33' FNL 109' FEL
• 37639, conf, BR, Cherry Ice Cream 1V TFH, NENE 26-149-97, 1' FNL 141' FEL
• 17402, IA/1,107, BR, Cherry Creek 11-25H, NWNW 25-149-97,  t3/09; cum 210K 7/20; off line 8/20; remains off line 12/20; open hole frack; less than a million lbs;
  

Other wells in the area of interest:

• 34313, SI/NC, XTO, Arlene Federal ... , North Fork,
• 34314, SI/NC, XTO, Arlene Federal ... , North Fork,
• 34315, SI/NC, XTO, Arlene Federal ... , North Fork,
• 34316, SI/NC, XTO, Arlene Federal ... , North Fork,
• 34317, SI/NC, XTO, Arlene Federal ... , North Fork,
• 34318, SI/NC, XTO, Arlene Federal ... , North Fork,

• 34306, SI/NC-->SI/IAW, XTO, Rough Federal .... , North Fork,
• 34305, SI/NC-->SI/IAW, XTO, Rough Federal .... , North Fork,
• 34304, SI/NC-->SI/IAW, XTO, Rough Federal .... , North Fork,
• 34303, SI/NC-->SI/IAW, XTO, Rough Federal .... , North Fork,
• 34302, SI/NC-->SI/IAW, XTO, Rough Federal .... , North Fork,
• 34301, SI/NC-->SI/IAW, XTO, Rough Federal .... , North Fork,
• 34558, SI/NC-->SI/IAW, XTO, Rough Federal .... , North Fork,

• 17402, 1,107, BR, Cherry Creek 11-25H, Haystack Butte, t3/09; cum 207K 4/20; never a great well; simply a steady Eddy, with typical Bakken profile; off line 8/20; remains off lie 10/20;
  

Far to the east:

• 35127, conf, XTO, Prairie Federal .... , Haystack Butte,
• 35126, conf, XTO, Prairie Federal .... , Haystack Butte,
• 35125, conf, XTO, Prairie Federal .... , Haystack Butte,
• 24892, conf, XTO, Prairie Federal ... . , Haystack Butte,
• 35124, conf, XTO, Prairie Federal .... , Haystack Butte,
• 35123, loc-->loc/NC, XTO, Prairie Federal .... , Haystack Butte,
• 35122, drl-->drl/NC, XTO, Prairie Federal .... , Haystack Butte,
• 35121, drl-->drl/NC, XTO, Prairie Federal .... , Haystack Butte,

The graphics:

BR With Nine New Cherry Permits -- June 15, 2020

Active rigs:

$37.26	6/15/2020	06/15/2019	06/15/2018	06/15/2017	06/15/2016
Active Rigs	13	61	62	56	27

Note: again, there are significant (and minor) errors throughout the daily activity report today and the scout tickets. For example: there are two permits with the same number: #37631.

Nine new permits, #37631 - #37639, inclusive --

• Operator: BR
• Field: Haystack Butte (McKenzie)
• Comments:
• BR has permits for nine wells on the Cherry pad in sections 23/24/25/26-147-97, Haystack B utte
• Cherry Danish 1U MBH, NWNW 25-149-97, 49' FNL 65' FWL 
• Cherry Juice 1T TFH, SWSW 24-149-97, 14' FSL 0' FWL
• Cherry Blossom 1S MBH, SESE 23-149-97, 45' FSL 32" FEL
• Cherry Pie 1R TFH ULW, SESE 23-149-97, 77' FSL 64" FEL
• Cherry Tree 1Z TFH, SESE 23-149-97, 77' FSL 64' FEL
• Cherry Claire 1Y MBH, NENE 26-149-97, 128' NFL 12' FEL
• Cherry Margarita 1X TFH, NENE 26-149-97, tr' FNL 77' FEL
• Cherry Daquiri 1W MBH, NENE 26-149-97, 33' FNL 109' FEL
• Cherry Ice Cream 1V TFH, NENE 26-149-97, 1' FNL 141' FEL

Petro-Hunt re-surveyed three locations:

• 37459, USA 153-95-13D-12-5H, NWNE 24-153-95, 270' FNL 2050' FEL,
• 37460, USA 153-95-13D-12-4H, NWNE 24-153-95; 270' FNL 2085' FEL,
• 37461, USA 153-95-13D-12-7H, NWNE 24-153-95; 270' FNL 2120' FEL,

Dr Frasier's Interest In CHAZ (CHOP) -- June 15, 2020

From twitter today:

https://twitter.com/Doranimated/status/1272478789759643648?s=20
The video will like begin playing immediately when you click on the link and the "play" icon. However, you need to "un-mute" the video to hear it -- click on the "speaker" icon on the screen in the lower right hand corner.

Does Protesting Lower The Risk For Testing Positive For Wuhan Flu? -- The Minnesota Experience -- June 15, 2020

On May 30, 2020, I wrote:

Mark these dates -- June 14 - June 21.

The Minneapolis riots broke out the night of May 28. On May 29, sympathetic riots broke out in NYC, Los Angeles, Dallas, other cities. These folks -- all of whom were wearing masks, of course -- were not practicing social distancing. Let's see if that affects the number of cases. The increase in deaths, if there are any, might not show up until a couple of weeks later. But certainly by the end of June we should have a good idea if the riots made the corona virus pandemic worse in the cities that were affected.

The early numbers are in. It appears protesters have a significantly lower rate of testing positive for Wuhan flu than the general public. Despite:

• lack of any social distancing;
• coughing and sneezing due to tear gas;

From the internet, (google for source):

Coronavirus testing of more than 1,300 people who protested Minnesota’s Twin Cities after the death of George Floyd shows few new positive cases, according to a report.

Health officials across the country have expressed fear the mass protests over the black man's death in police custody that have taken place over the past two weeks could lead to new outbreaks of the virus.

But those fears haven’t been borne out in Minneapolis and St. Paul, as of yet, based on early test results, the St. Paul Pioneer Press reported Saturday.

So far, more than 3,300 protesters have shown up to be tested and of that number, 40 percent -- or about 1,300 -- have gotten their test results back.

The paper reported that of that number only about 1.4 percent tested positive for the virus, the paper reported.

That’s lower than the 3.7 percent positivity rate reported Friday of 13,000 test results statewide, the paper reported. It is also lower than the current seven-day average rate of positive tests, which also stands at 3.7 percent.

Lower than 3.7%? I would say significantly lower than the general population -- almost half what the general population is testing, and the general population is testing well below what Dr Faust projected.

And apparently:

• no deaths:
• no ICU admissions:
• no emergency room visits for cough and fever;
• no hospitalizations;

Had there been any, I'm sure we would have heard about them by now. 

As of yesterday, Minnesota ranked #20 among the US states for "new cases." Overall, Minnesota ranks 20th among all states (and DC) for total number of cases, and ranks below the USA average for total number of cases per capita.

Now, think about this: on average, across the state of Minnesota, folks are testing positive at about a rate of 3.7%. The folks being tested, in general, are those already suspected of having the virus, or at high risk for some other reason (such as history of exposure). Remember: testing kits have been in short supply and testing was "rationed." And with all that, only 3.7% came back with a positive test.

I don't know what to make of that, but it certainly seems perplexing.

OPEC - Saudi Arabia Export -- Update -- June 16, 2020

Updates

June 17, 2020: see this post also.

June 16, 2020:

Original Post

OPEC basket: $35.06, link here.

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From Twitter This Morning

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Re-Visiting: Saudi Arabia -- Net Importer Of Oil By 2030?

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Saudi Arabia's Foreign Exchange Reserves

Link here; and, here:

OPEC Basket Continues To Fall -- June 15, 2020

CHAZ Nation: Conflict Resolution Advisory Council. Asian-Americans worth 1/12th of an African-American. Council caps number of rapists allowed to sit on council at 50%.

Klinger: US Supreme Court, belatedly, rules 6 - 3 in favor of Klinger.  Stories everywhere. One link here.

CHAZ nation: caps number of rapists that can be members of Conflict Resolution Advisory Council at 50%. Link here. Asian-Americans worth 1/12th that of a black person.

Permian vs the Bakken? Argus Media calls it. The Permian wins. Link here.

The US Permian basin of Texas and New Mexico is expected to take a lead in restarting shale wells shut in over the past two months, as operators with stronger balance sheets and lower costs take advantage of a crude price recovery.

The Permian — with lower operating costs, ample takeaway capacity and closer proximity to the Gulf of Mexico refining hub — is more resilient than other key onshore oil basins. It has lost 68pc of its rigs over the past year, compared with an 82pc fall in the Eagle Ford and 78pc fall in the Williston basin (see chart at link).

US independent Parsley is one of the first firms in the Permian to announce that it will restart most of the wells it shut in last month, equivalent to about 25pc, or 28,000-30,000 b/d of oil equivalent (boe/d), of its net output. The company has suspended its guidance for the rest of the year, but its first-quarter production was 197,000 boe/d, up by nearly 60pc from 125,000 boe/d a year earlier, following its acquisition of US independent Jagged Peak.

OPEC basket: $35.06, link here.

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Back to the Bakken

Active rigs:

$34.97	6/15/2020	06/15/2019	06/15/2018	06/15/2017	06/15/2016
Active Rigs	13	61	62	56	27

Wells coming off the confidential list over the weekend, today:

Monday, June 15, 2020: 36 for the month; 181 for the quarter, 408 for the year:
36879, conf, Equinor, Jack Cvancara 19-18 XE 1TFH, Alger,
36076, conf, BR, CCU Zephyr 14-29MBH, Corral Creek,

Sunday, June 14, 2020: 34 for the month; 179 for the quarter, 406 for the year:
None.

Saturday, June 13, 2020: 34 for the month; 179 for the quarter, 406 for the year:
37193, conf, CLR, Wiley 14-25HSL, Pershing,
35959, conf, Whiting, Arndt 14-5-2XH, Sanish,

RBN Energy: Permian crude producers waste no time in ramping up production.

Crude oil supply news comes in from all angles these days, bombarding the market daily with fresh information on producers’ efforts to ramp their volumes back up now that the global economic recovery is cautiously under way. Crude demand is rising, storage hasn’t burst at the seams yet, and prices have come a long, long way in just a few weeks. Permian exploration and production companies, having avoided a fleeting, longshot chance that the state of Texas might regulate West Texas oil production, are responding to higher crude oil prices as free-market participants should. The taps are quickly being turned back on, unleashing pent-up crude and associated gas volumes that, you could say, were under a sort of quarantine of their own for a while. Today, we provide an update on the status of curtailments in the Permian Basin.