Tuesday, September 28, 2021

Wowza -- September 28, 2021

Back to the Bakken

With the NDIC not updating the GIS map, the scout tickets, or the active rig list it becomes increasingly difficult to keep track of what's going on. Thank goodness for reports from the field from readers. Most recent update, from a reader:

About a mile west of the COP Bartlett wells and the Continental Jack wells, there's a Nabors B rig MIRU on what appears to be a single-well pad with three oil tanks and a production water tank. New construction pad. Just big enough for a rig. I'll try to get a picture next time I drive by. Interesting.

My reply:

If you do get that close, take a picture of the "sign" at the entrance to the pad. I see two pads west of CLR Jack and COP (BR) Bartlett with at least one well confidential but the NDIC map is no longer current. Both of these pads are about the same distance from Jack / Bartlett, but about four miles west, not just a mile west. The CLR pad is to the north; COP (BR) pad is the same distance but to the south.

  • Rimrock has a Nabors b rig in Dunn County.
  • other operators have a Nabors b rig but not in Dunn County the last time we had NDIC information
  • CLR is definitely operating in Dunn County
  • I'm not aware that COP (BR) has started drilling again in the Bakken

Later, from another reader, see comments:

The rig west of Killdeer is B1 for Continental Resources (CLR). If you go to the 8/4 /21 daily report there was a single Jack well permitted. Not sure why it is a single well there. 

Coordinates: 47.387619,-102.805378, or lat/long: 47°23'15.4"N 102°48'19.4" W.

From the August 4, 2021, daily activity report, a new permit, no scout ticket, and not yet on the GIS map:

  • 38450, conf, CLR, Jack 9-9HSL, Chamney Butte, SESE 8-145-95; 320' FSL and 576' FEL. This is a section unit line well, at least 2560-acre spacing.

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Back to Non-Bakken News and Comments

Link here.

  • natural gas prices surging around the world;
  • Dutch TTF jumped as much as 12 percent to above $100 / MWh, a record high, after a drop in Russian supply;
  • US Henry Hub just topped $6 / mmbtu for the first time since 2014
  • JKM is above $30 / mmbtu, a seasonal high
  • ISO NE: at $70 / MWh; spike to $80;
    • see John's comment below
    • natural gas and nuclear: 87%
    • nothing else matters
    • had to rely on expensive Canadian hydroelectricity

BP:

  • it won't be hard to remember the CEO's name: Bernard Looney
  • link here.

Unhinged:

  • former governor Cuomo: "Some folks thought I was nuts."
  • new governor Kathy Hochul: "Here, hold my beer."
  • Link here.
  • In case the link breaks or the tweet disappears, a graphic is pending.

TV ratings:

  • the NFL is back ... and in a big way. Something Breitbart won't be reporting.
  • Tony Awards? Not so much. America is so over Hollywood, Broadway.

Beats:

  • Apple increases price of Beats Flex headphones
  • form $50 to $70;
  • I had not seen these before; something to consider; great price at $70

NFL:

  • how 'bout them Cowboys;
  • Philadelphia Eagles imploded; Stephen A. Smith will go nuts
  • what happened to the Seahawks? LOL. The Vikings are back!
  • and Tom Brady's Buccaneers -- are you kidding me?
  • and, Mahomes and the Chiefs
  • the season is getting interesting and it's only the third week

PGA:

  • Jackson, MS, this week?
  • expect a lot of folks to be resting after the Ryder Cup


10 comments:

  1. $30/mmbtu. Considering that 8 gallons of gasoline and 7 gallons of heating oil is equivalent to 1mmbtu. Substituting gasoline for NG, $3.75 per gallon. Substituting heating oil for NG 4.25 a gallon. Checking Bloomberg commodity prices, gasoline $2.29 a gallon, heating oil $2.20 a gallon. IMHO pretty much explains the current price of crude oil.

    ReplyDelete
    Replies
    1. This will simply be fascinating to watch now that I understand US shale so much better.

      Delete
  2. Gonna be interesting. To spin the generator, you need a turbine do deal with hot combustion gas or steam. Depending on the type of generation system some are designed to use different kinds of fuel, so the generation station can use the lowest cost fuel. Now NG is high cost fuel. Solar does not put out much power in the winter to offset fuel cost.

    Regarding the blackouts in China, read today that a factory in China rented a diesel generator to run their factory, disconnecting from the grid. Also reports that electric providers are force to sell power at a low cost, now due to cost of fuel they are losing money and limiting output to minimize loses.

    ReplyDelete
    Replies
    1. 1. "To spin the generator ..." ... making things as complicated as possible.

      2. China: what a mess.

      Delete
  3. The rig west of Killdeer is B1 for Continental. If you go to the 8/4 daily report there was a single Jack well permitted. Not sure why it is a single well there.

    ReplyDelete
    Replies
    1. Thank you, much appreciated. I will post screenshot of map when I get caught up.

      Delete
  4. hey now, easy now on my Seahawks! But really, talk about laying an egg out the gate...

    ReplyDelete
    Replies
    1. Very, very sorry. Seahawks are one of my favorite teams, also. But I grew up with the Vikings.

      But what a crazy NFL weekend. Wow.

      I"m just glad I can enjoy the NFL again.

      Delete
  5. Agree. Some of my best memories are from long summer days sitting on the tailgate of grandparents pickup, talking Twins baseball with my Uncle. Killebrew, Oliva, Carew, et al.

    Nothing better for a kid as he watches the sun set over amber waves of grain

    ReplyDelete

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