Friday, November 12, 2021

My Favorite Chart -- September 30, 2021, Data; Forbes Richest -- November 13, 2021

Money market monitor:

*********************
Forbes Richest 

The list

Oprah, Trump and 49 other billionaires who dropped off the list.

Week 45: November 7, 2021 -- November 13, 2021

Top story of the week:

Top international non-energy story:

Top international energy story:

Top national non-energy story:

Top national energy story:

Top North Dakota non-energy story:

Top North Dakota energy story:

Geoff Simon's North Dakota top energy stories:

Operators:


Operations:

Wells:

Fracking:

Halo effect:

Pipelines:

Bakken economy:

  • Grain-by-rail: North Dakota co-op / railroad sets record -- 142-railcar, 8,500-foot unit train.
  • Drones.

Commentary:

No New Permits; Twelve Permits Renewed; Two Permits Canceled -- November 12, 2021

Active rigs:


$80.79
11/12/202111/12/202011/12/201911/12/201811/12/2017
Active Rigs3215546652

No new permits.

Twelve permits renewed:

  • MRO (5): an Elizabeth USA permit, a Felix USA permit, both in Dunn County; a Merwin USA permit, a Foote USA permit, and an Avallon USA permit, all three in McLean County;
  • Hess (3): three EN-Davenport permits, all in Mountrail County
  • BR (2); two State Docge permits in McKenzic County
  • QEP (2): two MHA permits, both in Dunn County

Two permits canceled:

  • Kraken: an Anna permit and a Wilder permit, both in Williams County.

Thirty-three active rigs: a quick look suggests suggests they are all oil and gas permits.

The thirty-three active rigs. Note: it looks like 32 active rigs. See CLR H&P 492.

Note: in a long note like this there will be content and typographical errors. If this is important to you, go to the source.

  • Koda, 
    • Cyclone-35, Stout, 37796;
  • CLR (9)
    • H&P 454, Flint Chips, 38151;
    • Nabors B1, Thorp Federal, 38518;
    • Nabors B6, Whitman, 38533;
    • Nabors B27, Charolais South Federal, 37906 
    • H&P 456, LCU Reckitt Federal, 37001;
    • H&P 492, LCU Ralph, 37014, 1244 FSL 1180 FWL;
    • H&P 492, LCU Ralph, 37015; 1244 FSL 1135 FWL
    • Patterson 901, Rolf Federal; 38298;
    • AES 4, Springfield, 38363;
  • MRO (3)
    • H&P 640, Hunt, Halliday, 38535,
    • H&P 535, Cody, 38587;
    • Nabors X-10, Phillip, 37797;
  • Bowline, 
    • T&S Drilling 2, Lee, 35625,
  • Enerplus
    • True 40, FB Leviathan, 35718;
  • Petroshale
    • Stoneham 16, Lewis Federal, 36890;
  • Hess (4)
    • Nabors X28, BW-Rolfson, 37141;
    • Noble 1, EN-J Horst, 38400; 
    • Nabors X27, BL-S Ramberg, 36643;
    • Nabors X24, CA-E Burdick, 38004;
  • True
    • True Drilling 39, Northern State, 37495;
  • Oasis (2)
    • Nabors B 13, Soto, 38334 
    • Nabors B26, Swenson Federal, 38382,
  • Iron Oil, 
    • Nabors B18, Antelope, 38459;
  • Sinclair
    • Unit 411, Grasslands Federal, 38493,
  • Ovintiv, 
    • H&P 516, Wisness State, 38545
  • Whiting (2)
    • Patterson 808, Kannianen, 38410
    • Patterson 806, Miller, 37411
  • Slawson
    • Unit 414, Rainmaker Federal, 38454,
  • Crescent Point
    • Nabors B21, CPEUSC Pankake 38557;
  • Kraken
    • Nabors B22, Maddie, 38558,

Continuing: IP For Wells Coming Off Confidential List One Year Ago -- November 12, 2021

This is just a small sampling. Two years ago, operators were waiting two years to complete a well; it appears operators are now back to the historical norm, of getting these wells completed within a year.

4Q20.

Oasis' newest A. Johnson / Nikolai Federal wells starting to report. These wells are tracked here.

  • 35486, drl/NC-->conf (4/21), Oasis, Nikolaw Federal 5397 42-33 2B, Banks,

DateOil RunsMCF Sold
9-20211972691718
8-20212413580743
7-20212701282939
6-20212761679445
5-20211195443355

  • 35485, drl/NC-->conf (4/21), Oasis, A. Johnson/Nikolai Federal 5397 42-33 3T, Banks,

DateOil RunsMCF Sold
9-20212613899512
8-20212969995650
7-20212949081709
6-20212848472672
5-20211366231727

  • 35483, drl/NC-->conf (4/21), Oasis, Nikolai Federal 5397 42-33 5T, Banks,

DateOil RunsMCF Sold
9-20212354092552
8-20212748986538
7-20213011180772
6-20212639167770
5-202127227412
  • 36534: cum 204K 9/21; Hess EN-Sorenson B-155-94-3626H-10, Alkali Creek.
  • 37463, loc/NC-->793, Petro-Hunt, USA 153-95-13C-12-2H, Phelps Bay, t12/20; cum 203K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-202130314503144410119635533398629358
BAKKEN8-202131341143426410715620664810813742
BAKKEN7-20213128525284251131949168419377015
BAKKEN6-2021302518725193109434292042473238
BAKKEN5-20213133877339661491657919498557848
BAKKEN4-202130343713420914231566984523811251
BAKKEN3-2021311269012590696817762130854461
BAKKEN2-20214170115051083223822075
BAKKEN1-20211182400000
BAKKEN12-202031550106210691176665496
  • 37536, loc/NC, CLR, Kennedy 16-31HSL1, Dimmick Lake, first production, 5/21; t--; cum 68K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2021171334913319140512555225102260
BAKKEN8-202128172151724422280304053013116
BAKKEN7-202131164161640623844317523140368
BAKKEN6-202130169961698122683303233000664
BAKKEN5-202143514342945946015596946
BAKKEN4-20210000000
BAKKEN3-2021311411407340734
  • 35711, drl/A-->3,096, Whiting, Renbarger 24-34-1H, Grinnell, t--; cum 38K 34 days; cum 137K9/12;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2021305111518951382141321230123
BAKKEN8-2021314654456842042312522904221
BAKKEN7-2021314871487349512606325949114
BAKKEN6-20213054845474452931417314170
BAKKEN5-202131602561684749394013938219
BAKKEN4-2021306425638243873088230021861
BAKKEN3-202131567257251006930658294281170
BAKKEN2-20212151945188939627073221124920
BAKKEN1-2021311007799721575947829420235742
BAKKEN12-2020311015510228145865356452625878
BAKKEN11-2020301555015608233966008559155867
BAKKEN10-2020311929119354329155945258780620
BAKKEN9-20203036639363336356810005999592463
BAKKEN8-20204127513113955115911572
BAKKEN7-20200000000
BAKKEN6-20200000000
BAKKEN5-2020184022886086
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2021301877818889793943534415441855
BAKKEN8-20213123031229151025342929411291655
BAKKEN7-2021312173821709950836905351221657
BAKKEN6-2021302180521854102643454533689730
BAKKEN5-20213128362283981430047295454801646
BAKKEN4-20213021019208281202335378352420
BAKKEN3-202131000000
BAKKEN2-202119000000
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20213043804385934017258172580
BAKKEN8-20213146434670115912088520269616
BAKKEN7-20213164706449108421950718587920
BAKKEN6-202129532153579059985272812571
BAKKEN5-202131954695491351817797177970
BAKKEN4-20213010536105481327621089210890
BAKKEN3-20213112522125491288519557195570
BAKKEN2-20212611955119041126714039140390
BAKKEN1-2021247196720710162980498040
BAKKEN12-20203111894119281608115142151420
BAKKEN11-20203015350153651396321326213260
BAKKEN10-20203115421153632095517014170140
BAKKEN9-20201593039362979912551125510
BAKKEN8-20202616601165491821221037210370
BAKKEN7-20203012213121871578713056130560
BAKKEN6-202030103721043316779801180110
BAKKEN5-20202120381202474945224854248540

Consumer Sentiment Plunges -- November 12, 2021

Holiday spending: New York-based Deloitte pegs 2021 holiday spending at an average of $1,463 per household (November-to-January), up 5% from $1,387 in 2020 but 7% less than the $1,496 estimate for 2019. -- November 1, 2021. For the archives.

Drones. For A Little Town Out In The Middle Of Nowhere, Williston, ND, Certainly Gets A Lot Of Attention -- November 12, 2021

Link provided by a reader. Thank you.

Williston Economic Development hosted a Workhorse Aerospace demonstration showcasing the latest advances in Unmanned Aerial Systems.

Held at the former Sloulin Field International Airport hangar, the demonstration also featured guests from TrainND Northwest and Vantis. Workhorse Aerospace is a division of Workhorse Technologies in Loveland, Ohio. The company is designing and working towards FAA type certification of its small Unmanned Aerial System (sUAS) called the HorseFly, which visitors got to see in action on Tuesday.

The primary mission for the HorseFly UAS is small package delivery, focusing on the market for 10 lbs. delivered up to 10-miles. Visitors watched as the HorseFly flew around the former airport, carrying a small parcel.

Workhorse has been working with the Northern Plains UAS Test Site (NPUASTS) to partner in programs such as Vantis and eventually Beyond Visual Line of Sight operations.

“One of the big emerging technologies that we’re experiencing here in Williston and the region is the rise of unmanned aerial systems,” Economic Development Director Shawn Wenko told the Williston Herald. “That’s due in part to the Vantis network, which is the statewide non-visual line of sight network that the State of North Dakota has funded. We’re now seeing a lot of companies that want to test their technology on the network, and they’re reaching out to us to find an area, find opportunities on how they can test that.”

Much more at the link.

Updating 4Q20 Wells -- November 12, 2021

This is just a small sampling. Two years ago, operators were waiting two years to complete a well; it appears operators are now back to the historical norm, of getting these wells completed within a year.

4Q20.

These are huge wells.

The wells:

  • 37319, AL/A, WPX, Topaz 24-13HB, Mandaree, t--; first production 10/20; cum 24K over 8 days; cum 370K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2021301141611455613735039348840
BAKKEN8-2021311252512583592132933327880
BAKKEN7-2021311528915256718849734495740
BAKKEN6-2021301606415984718340734388650
BAKKEN5-2021311968519703808643523412560
BAKKEN4-2021302636526443958951647486760
BAKKEN3-20213143062431011384468132633650
BAKKEN2-2021202409424066783329834271700
BAKKEN1-20213163681634452066576520695480
BAKKEN12-20202952234522692367254532467732020
BAKKEN11-202030618886185025198646113465223186
BAKKEN10-2020823770236148653248161137210862
  • 37320, AL/A, WPX, Topaz 24-13HZ, Mandaree, t--; first production, 10/10; cum 28K over 12 days; cum 303K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20213012261122721208238434382790
BAKKEN8-20213112322124221078933113329680
BAKKEN7-20213116702166621377649843496830
BAKKEN6-20213017368173251367240099380880
BAKKEN5-20213124174241521704051311485640
BAKKEN4-20213028617285601935450437472250
BAKKEN3-20213130866308702353642115386520
BAKKEN2-20212115871157591353317975161870
BAKKEN1-20213127027269892430932030289800
BAKKEN12-20202942536425553440950108387986609
BAKKEN11-202030470684710640062554462484925410
BAKKEN10-20201228368281821566333417857321749

  • 36383, drl/A-->2,793, Hess, EN-Enger-LE-156-94-1423H-1, Big Butte, t6/20; cum 140K 10/20; fracked 5/12/20- 5/22/20; 7.6 million gallons of water. 85.9% water by mass; cum 287K 9/21; a huge well; 287K in about one year; 
  • 37213, drl/A-->1,301, Hess, TI-Nelson-LE-157-94-3031H-1, Pleasant Valley, t6/20; cum 91K 10/20; fracked 4/18/20 - 4/29/20; 11 million gallons of water; 89.7% water by mass; cum 185K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20213046694684877020979209790
BAKKEN8-202131491649021009621695881512880
BAKKEN7-202131510150971196421947806313884
BAKKEN6-202130537454011302319998199962
BAKKEN5-202131684568251629823904239040
BAKKEN4-202130657765661489322843228367
BAKKEN3-202131882588211725031765317596
BAKKEN2-202128841284061731533680336782
BAKKEN1-2021311069210730177553192031299621
BAKKEN12-2020311574415747198192619625434762
BAKKEN11-2020301691316899169062683926472367
BAKKEN10-20203118151181771857626685245822103
BAKKEN9-20203022777227243711031560303281232
BAKKEN8-20202717760177893027627385192738112
BAKKEN7-20203123117230673715131375258455530
BAKKEN6-202088700860613131939681071289
  • 36253, loc/NC-->1,680, Slawson, Osprey Federal 4-26-29TFH, Big Bend, t4/21; cum 138K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20213024074239664354913960013811
BAKKEN8-20212926982266594697215596015449
BAKKEN7-20212826319271835457115433015291
BAKKEN6-20212722444219475340813010012876
BAKKEN5-2021115343525918384306603013
BAKKEN4-20212926036254845263714006013861
BAKKEN3-202120092659270916
  • 36251, loc/NC-->1,418, Slawson, Osprey Federal 5-26-29TFH, Big Bend, t4/21; cum 138K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20212925508251345233217752017608
BAKKEN8-20213029526296096449820259020111
BAKKEN7-20213032559325206093722616022465
BAKKEN6-20212319796192863914013958013841
BAKKEN5-2021138533823528482588505820
BAKKEN4-20212322131220063605314068013953
BAKKEN3-20213008951119901186
  • 36252, loc/NC-->1,258, Slawson, Osprey Federal 2-26-29H, Big Bend, t4/21; cum 138K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20212929603291144943318168018022
BAKKEN8-20213133815336935359520707020553
BAKKEN7-20212326114265314512816226016110
BAKKEN6-20213019889192303642312428012279
BAKKEN5-202120112371122635118696806869
BAKKEN4-20212427128267194509415283015164
BAKKEN3-2021200108769850974