Wednesday, December 1, 2021

Hess With Four New Permits; Three DUCs Reported As Completed -- December 1, 2021

The definitive rig count report will be provided later. The NDIC is reporting 34 active rigs (which I doubt). T&S Drilling 1, for example, is shown drilling two different sites for two different companies. And one site is not even an oil and gas site.

Active rigs:

$66.58
12/1/202112/01/202012/01/201912/01/201812/01/2017
Active Rigs3114576654

Four new permits, #38683 - #38686, inclusive:

  • Operator: Hess
  • Field: Wheelock (Williams)
  • Comments:
    • Hess has permits for four GO-Ron Viall permits in Wheelock oil field; the four wells will be sited in SWSE 25-156-98; 
    • the wells will be sited between 702 FSL and 778 FSL and 1929 FEL and 1993 FEL;

Three producing wells (DUCs) reported as completed:

  • 37218, 1,474, Slawson, Zephyr Federal 4-36H, Big Bend, first production, 9/21; t--; cum --;
  • 37426, 2,222, Slawson, Orca Federal 2-23-36H, Big Bend, no production data,
  • 37500, 1,682, Harrisburg 7-34HSL, Indian Hill, no production data,

This May Be The Most Interesting Stat All Day -- US Crude Oil Supply In Days Drops Below 28 Days -- OMG! We're Running Out Of Oil -- December 1, 2021

All things being equal, if the amount of crude oil in storage drops below 28 days, will the price of gasoline go up or go down?

Link here.  US crude oil in storage dropped from 28.3 days to 27.9 days.

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Cornish Hen

Overview:

  • one Cornish hen per adult
  • serve half of hen per adult with other half kept warm
  • preparation time: five minutes
    oven time: one hour fifteen minutes
    rest before serving: ten minutes

Pre-heat oven: 350°

Cornish hen:

  • wash Cornish hen under running water
  • pat dry
  • truss
  • dry rub: we used Weber Kick 'N Chicken seasoning
  • salt, pepper
  • forty-five minutes at 350°
    • set timer for forty-five minutes
  • starting at forty-five minutes, start basting with "duck sauce" every five minutes or so
    • once basting starts, set time for fifteen minutes (full hour of cooking)
    • at one hour, set time for final eight minutes
  • at one hour eight minutes turn off the oven but leave the hen inside the oven for the full one hour fifteen minutes
  • remove from oven and let rest for ten minutes
  • cut hens in half with scissors; serve one half of hen to each guest

Sides:

  • cottage fries
  • salad

It Appears CLR's Harrisburg Wells On Indian Hill Have Been Fracked -- December 1, 2021

I did this for a reader, and I'm not in the mood to post all the information now, but it appears the CLR Harrisburg wells on Indian Hill across the river from Williston have been fracked.

I only checked one well, the section line well that is on the four-well pad. It's been fracked and I assume the others have been fracked or will soon be fracked:

The well:

  • 37661, 33-053-09474, conf, CLR, Harrisburg 2-27HSL, Indian Hill, fracked 9/17/21 - 9/23/21; 7.61 million gallons of water. 87.388% water by mass; note: this well remains confidential so I do not know for sure if it's a section line well, but all the data suggests it is.

The four wells on this CLR four-well Harrisburg pad, NDIC file numbers:

  • 37661,
  • 37660,
  • 37659,
  • 37658,

And with that, I'm off the net; off to get some sushi. A nice short bike ride on a beautiful day.

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But We'll Leave You With This

Ringo Starr On Drumming

Notes From All Over -- December 1, 2021

EU energy crisiswarnings of rolling blackouts.

Weekly EIA petroleum report, link here:

  • US crude oil inventories decreased by 0.9 million bbls week/week. Yawn.
  • US crude oil inventories now stand at 433.1 million bbls. Yawn.
  • US crude oil imports were up by 168,00 bopd, still averaging 6.3 millio bopd, almost 20% more than the same four-week period last year -- last year was the year of the plague; a better comparison would be with 2019;
  • refineries are operating at 88.8% of their operable capacity
  • distillate inventories increased by 2.2% million bbls; 9% below the five-year average;
  • jet fuel supplied was 34.5% y/y -- one of the smallest changes in the past several months;

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Monthly Personal Electricity Statement

We do not have natural gas in this apartment, only electricity.

This will, no doubt, be our low month for the year. This is in our new apartment, slightly smaller than our previous apartment, billing period ending November 22, 2021:

This is from a year ago, in our previous apartment, slightly larger than our current apartment, billing periods ending November 4, 2020, and December 6, 2020:


Exxon

December 25, 2021: top five oil and gas picks by oilprice.com

  • XOM
  • COP
  • Cenovus Energy, Inc (CVE)
  • Cheniere (LNG)
  • NOG

December 1, 2021, from CNBC:

  • forecasts doubling of interests and cash flow by 2027
  • and FWIW, reducing emissions;

A Sea Of Heartbreak -- North Dakota Remains In Third Place, Crude Oil Production -- December 1, 2021

Re-posting:

EIA monthly petroleum production report: link here. It really is amazing: three states and the GOM are the only real plays that matter any more. And North Dakota in third place behind New Mexico. The surface area involved and number of rigs, North Dakota vs New Mexico, in fascinating, to say the least. But Texas? Amazing.

Back of envelope:

  • 5.0 million bbls; 273 rigs
  • 1.4 million bbls; 83 rigs
  • 1.0 million bbls; 27 rigs

Dashboards:

Sunflower oil and sunflower production: link here.


Honey production, by state, 2000, link here:

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A Sea Of Heartbreak

A Sea of Heartbreak, by Don Gibson, Joe Brown, Vicki Brown, The Bruvvers

Focus On A Nice CLR Well In Jim Creek; 600K Bbls Crude Oil Cumulative In Less Than Three Years -- December 1, 2021

The wells on this pad are very, very good. This is one of the better ones:

  • 32748, 33-025-03158, 2,728, CLR, Dvirnak 7-7H1, Jim Creek, t10/18; cum 434K 3/20; cum 591K 9/21; these wells are tracked here. But look at that: trending toward 600K bbls in less than three years.

Full production profile:

  • 38236 bbls over 22 days extrapolates to 52K bbls over 30 days
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2021306620652241741682716204225
BAKKEN8-2021316804682156051713216677127
BAKKEN7-2021275520547337711451114049211
BAKKEN6-2021306247626843941687516427146
BAKKEN5-2021316976697153721988318991566
BAKKEN4-202129693669364333181131780810
BAKKEN3-2021317292726457972090720449140
BAKKEN2-2021287321751161722341522934182
BAKKEN1-2021319802964284383248732009168
BAKKEN12-202031974497267730312223087129
BAKKEN11-20203097389739761829530278001392
BAKKEN10-202031105021046279472764827210128
BAKKEN9-202030108591088386132766927190179
BAKKEN8-202031130041299610961284302808731
BAKKEN7-20203114280142691112325812240501449
BAKKEN6-20200000000
BAKKEN5-2020311373113752119723839337578123
BAKKEN4-202028114121137689802941328361598
BAKKEN3-2020311427714346123532990429124393
BAKKEN2-202029146691456576292296822494172
BAKKEN1-2020104527458725006821666199
BAKKEN12-201931149891501172554335742667441
BAKKEN11-2019301750117536901248093450852660
BAKKEN10-2019291865318656139234222041384482
BAKKEN9-20193018863188341472039809353814205
BAKKEN8-20193123249232291523246935456181114
BAKKEN7-20193125227252841626747835439833632
BAKKEN6-20193025980260381648939821383191300
BAKKEN5-20193132139320231910146390435872603
BAKKEN4-20192725729257621651533857314112444
BAKKEN3-20193134385343752157145847433082539
BAKKEN2-20192832637325982058241534378103724
BAKKEN1-20192727559275791833333436297143722
BAKKEN12-20183125178251982213133930297094221
BAKKEN11-20182539251392743180445904397816123
BAKKEN10-20182238236380643090047276429934283
BAKKEN9-20180000000
BAKKEN8-20180000000
BAKKEN7-20180000000
BAKKEN6-20186103610368408177401774

Oasis Reports A Huge Well -- December 1, 2021

EIA monthly petroleum production report: link here. It really is amazing: three states and the GOM are the only real plays that matter any more. And North Dakota in third place behind New Mexico. The surface area involved and number of rigs, North Dakota vs New Mexico, in fascinating, to say the least. But Texas? Amazing.

Back of envelope:

  • 5.0 million bbls; 273 rigs
  • 1.4 million bbls; 83 rigs
  • 1.0 million bbls; 27 rigs

Dashboards:

Enbridge: back to state court; Michigan drops federal case against Enbridge Line 5; clears way for state case; Enbridge "welcomes" the development;

CLR: comments starting to surface over at twitter regarding "flash crash" and timing of CLR's entrance into the Permian.

WTI: up 4.29%; up $.284; trading at $69.02;

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Back to the Bakken

Active rigs

$69.02
12/1/202112/01/202012/01/201912/01/201812/01/2017
Active Rigs2314576654

Wednesday, December 1, 2021: 46 for the month, 49 for the quarter, 300 for the year:

  • 38267, conf, CLR, Pletan 12-18HS1, Chimney Butte, no production data, the Pletan wells are tracked here;
  • 38048, conf, Slawson, Muskrat Federal 4-28-33TFH, Big Bend, no production data,
  • 37623, conf, Oasis, Nikolai Federal 5297 11-6 6B, Banks, first production, 6/21; t--; cum 107K 9/21; see this post.
  • 36816, conf, Whiting, S-Bar 12-2H, Sanish, first production, 6/21; t--; cum 50K 9/21;
RBN Energy: Permian midstreamers consolidate as basin production rebounds, part 2

The Permian has been a leader in domestic oil and gas production for decades but the Shale Revolution made it a global superstar. In the past few years, thousands of miles of new crude oil, associated gas, and produced-water gathering systems have been installed in West Texas and southeastern New Mexico, as have dozens of new gas processing plants and a number of new takeaway pipelines for oil, gas, and NGLs. Lately, there has also been a lot of consolidation among Permian midstream companies, mostly with the aims of increasing scale, improving reliability, and directing more hydrocarbons through the combined companies’ gathering, processing, and takeaway assets. In today’s RBN blog, we continue our review of recent, major pipeline-company combinations in the Permian and the benefits participants expect to realize from them.

Frack Data For Oasis Nikolai Federal Well Coming Off Confidential List; 107K Bbls Crude Oil Cumulative In Less Than Four Months -- December 1, 2021

 The well:

  • 37623, conf, Oasis, Nikolai Federal 5297 11-6 6B, Banks, first production, 6/21; t--; cum 107K 9/21; 33-053-09449; fracked 5/6/21 - 5/15/21; 10.6 million gallons of water; fresh water, 89.7% water by mass;
DateOil RunsMCF Sold
9-20212660199302
8-20213019594476
7-20213089483210
6-20211943057074

 The Nikolai Federal wells are tracked here.

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Never Gets Old

Needs No Introduction