Thursday, August 26, 2021

US Supreme Court Ends Resident Biden's Eviction Moratorium -- Off The Net For The NIght -- See Y'all In The Morning -- August 26, 2021

Rental eviction moratorium: ended by US Supreme Court.

Miles-Kennedy: CLR has been active in Dimmick Lake with regard to the Miles-Kennedy wells, bringing on line several DUCs, bringing wells back on line. All of that was updated minutes ago. 

It looks like the wells were brought back on line, generally, in 5/21, with first full month production, 6/21 for most wells that had been off line.

The CLR Miles-Kennedy wells are tracked here

This is a great example of how production is maintained in the Bakken even when new wells are not drilled:

  • DUCs are completed; and,
  • inactive wells during the DUC-fracking are brought back on line.

That's why I continue to say "rigs don't matter." Rigs do matter, but the number of active rigs is not the long pole in the tent. There are two much longer poles in the Bakken tent (see above). 

Two words: Helmerich Payne.

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