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Tuesday, March 2, 2021

A Zavanna Panther Well Has Just Gone Over 500K Bbls Crude Oil Cumulative -- March 2, 2021

This page will not be updated.

The Zavanna Panther wells in Stony Creek are tracked here.

The well:

  • 21226, 996, Zavanna, Panther 16-21 1H, Stony Creek, t4/12; cum 509K 12/20; off line 5/19; remains off line 10/19; back on line 2/20; nice jump in production; 

Note jump in production back in 2020 when neighboring wells were fracked:

BAKKEN10-20203193038810151583223218457416
BAKKEN9-20202866696310116472077511464238
BAKKEN8-202031950085441648825947156801029
BAKKEN7-202031101339183193152402712807671
BAKKEN6-20203081897259191941754212577416
BAKKEN5-20203182527253237991807012033363
BAKKEN4-2020286802618430585159148737221
BAKKEN3-20203172106350559031300312314225
BAKKEN2-2020399291835262317225517
BAKKEN1-20200000000
BAKKEN12-20190000000
BAKKEN11-20190000000
BAKKEN10-20190000000
BAKKEN9-20190000000
BAKKEN8-20190000000
BAKKEN7-20190000000
BAKKEN6-20190000000
BAKKEN5-2019261912210917672301184272
BAKKEN4-20193021242099219320951342306
BAKKEN3-20193023892692219828391529863

Gasoline Demand Soaring Before Governor Abbot Removes All -- Repeat, All -- Restrictions -- March 2, 2021

Link here


U.S. gasoline demand jumped last week to the highest level since the COVID-19 pandemic started, with demand this past Sunday up by 18.2 percent compared to the previous Sunday, according to GasBuddy data.

According to final numbers from Sunday, Pay with GasBuddy showed that U.S. gasoline demand rose by 18.2 percent versus the prior Sunday, Patrick De Haan, head of petroleum analysis for GasBuddy, tweeted on Tuesday.

Sunday’s gasoline demand was 5.7 percent higher than the previously highest Sunday since the pandemic started, which was October 18, 2020.

Timeline:

  • February 15, 2021: Texas deep freeze
  • February 18, 2021: power back on in most places; many places in Texas still without water
  • February 28, 2021: gasoline demand at highest level since pandemic started; demand this past Sunday (February 28, 2021) up almost 20% versus the prior Sunday (February 21, 2021)
  • Sunday's gasoline demand was almost 6% higher than the previously highest Sunday (October 18, 2020) since the pandemic started;

New Hospital In Williston? -- March 2, 2021

Link here.

Williston Square: the old Sloulin Airfield.

A huge "thank you" to a reader for catching this.

*******************************
Crawdad Season

I'll check tomorrow -- too late today -- but it appears crawdad season in Grapevine, TX, has arrived! Whoo-hoo!

*********************************
A Musical Interlude

Look What They've Done To My Song, Miley Cyrus

Four New Permits; Number Of Active Rigs Drops To 14 -- March 2, 2021

Market:

  • waiting for Chevron and Warren Buffett to go forward with a SPAC;
  • happy to see Elizabeth Warren going forward with tax on super-wealthy; maybe divert that ill-earned wealth toward reparations; better them than me;
  • with President's announcement today, could be an interesting day in the market tomorrow;
    • announcement: all Americans should have access to vaccine by end of May, two months earlier than what his predecessor promised;
    • how was this possible: US will not share vaccine with Mexico; if those south of the border want vaccine, they can come up here to get it;

Timeline:

Gasoline: headline -- one out of seven north Texas service stations without gasoline

  • haven't noticed a thing here in DFW area
  • Hurricane Harvey? huge shortage that lasted for weeks

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Back to the Bakken

Active rigs:

$59.63
3/2/202103/02/202003/02/201903/02/201803/02/2017
Active Rigs1453675941

Four new permits, #38181 - #38184, inclusive:

  • Operators: RimRock, Petro-Hunt
  • Fields: Moccasin Creek (Dunn), Little Knife (Billings)
  • Comments:
    • RimRock has permits for three Moccasin Creek wells in SESW 11-147-93;
      • 38182, 971 FSL 1639 FWL
      • 38183,  5TFH, 1000 FSL 1644 FWL
      • 38184, 1030 FSL 1650 FWL
  • Petro-Hunt has a permit for a Hurinenko well in lot 1, section 3-144-98; 337 FNL 1014 FEL

Three producing wells (DUCs) reported as completed:

  • 36314, drl/A, BR, State Dodge 1C TFH, Dimmick Lake,
  • 34293, loc/A, BR, State Double Dodge 1A TFW-ULW, Dimmick Lake,
  • 37019, SI/A, Slawson, Triton Federal 8-34-35TFH, Big Bend, first production, t--; cum --;

Notes From All Over -- March 2, 2021

ISO NE: a lot of craziness in this article. Archived

Volvo: another company that has not thought this through. Will go completely electric by 2030. 

***********************************
Vaccination Rollout
 
Updates
 
Later
: this is absolutely amazing. It just demonstrates what "we" can do when the government gets out of the way. Link here. Glad to see President Biden kept the pressure on Big Pharma and government regulators. Texas and Mississippi have removed all mask restrictions as of today; all, removed all capacity restrictions for public gatherings. Whoo-hoo! We survived! Next milestone: no more reservations required for vaccination. Apple has re-opened every Apple retail store in the US. Starting to look like a snowball. Apparently Merck will be adding a vaccine; if so, this would be the fourth vaccine. Apparently the production capacity for vaccines is quite remarkable, much better than expected. Cartoon: steam roller over Dr Fauci double masking.

 
Original Post

All things considered, the Trump vaccine rollout has gone quite well. These are the February statistics from the CDC. We’re trending toward  2.5 million  adults being vaccinated on weekdays. Now that the state of California has transferred responsibility of vaccine delivery from “the state” to the private sector, the numbers should improve dramatically.

The third vaccine -- the JNJ vaccine -- will be available this month (March, 2021). It will be interesting to see the jump in the number of vaccine doses delivered once this vaccine becomes available. 

Less than a year after the pandemic was identified, lockdowns were announced, and masks were mandated, there are three vaccines available in the US, and many more than that worldwide. Just think, that "three weeks to flatten the curve," took a year. Who wudda thought?

Sunday

February 28, 2021

96,402,490

200

75,236,003

2,429,823

78.04%

Saturday 

February 27, 2021

96,402,290

2,101,380

72,806,180

2,352,116

75.52%

Friday

February 26, 2021

94,300,910

2,627,900

70,454,064

2,179,947

74.71%

Thursday

February 25, 2021

91,673,010

3,003,975

68,274,117

1,809,170

74.48%

Wednesday

February 24, 2021

88,669,035

6,554,665

66,464,947

1,432,864

74.96%

Tuesday

February 23, 2021

82,114,370

6,908,430

65,032,083

854,609

79.20%

Monday

February 22, 2021

75,205,940

975

64,177,474

1,086,840

85.34%

Sunday

February 21, 2021

75,204,965

-3,923,530

63,090,634

1,801,134

83.89%

Saturday 

February 20, 2021

79,128,495

976,000

61,289,500

1,704,457

77.46%

Friday

February 19, 2021

78,152,495

2,864,685

59,585,043

1,651,608

76.24%

Thursday

February 18, 2021

75,287,810

1,814,918

57,933,435

1,651,608

76.95%

Wednesday

February 17, 2021

72,423,125

765,150

56,281,827

1,061,463

77.71%

Tuesday

February 16, 2021

71,657,975

800,088

55,220,364

1,168,004

77.06%

Monday no data holiday

February 15, 2021

70,857,888

800,088

54,052,360

1,168,004

76.28%

Sunday

February 14, 2021

70,057,800

521,538

52,884,356

2,236,899

75.49%

Saturday estimate

February 13, 2021

69,536,263

521,538

50,647,457

2,236,899

72.84%

Friday

February 12, 2021

69,014,725

729,150

48,410,558

2,020,288

70.15%

Thursday

February 11, 2021

68,285,575

2,313,000

46,390,270

1,620,300

67.94%

Wednesday

February 10, 2021

65,972,575

3,073,800

44,769,970

1,563,780

67.86%

Tuesday

February 9, 2021

62,898,775

1,795,488

43,206,190

788,573

68.69%

Monday

February 8, 2021

61,103,288

1,795,488

42,417,617

1,206,680

69.42%

Sunday

February 7, 2021

59,307,800

3,200

41,210,937

2,172,973

69.49%

Saturday

February 6, 2021

59,304,600

924,300

39,037,964

2,218,752

65.83%

Friday

February 5, 2021

58,380,300

890,625

36,819,212

1,615,502

63.07%

Thursday

February 4, 2021

57,489,675

1,545,875

35,203,710

1,325,456

61.23%

Wednesday

February 3, 2021

55,943,800

3,286,125

33,878,254

1,097,394

60.56%

Tuesday

February 2, 2021

52,657,675

2,721,225

32,780,860

558,458

62.25%

Monday

February 1, 2021

49,936,450

3,200

32,222,402

1,099,103

64.53%