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	12/1/2021	12/01/2020	12/01/2019	12/01/2018	12/01/2017
Active Rigs	31	14	57	66	54

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 crisis: warnings 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.

• New Mexico rig count: 83.
• North Dakota rig count: 27.
• Texas rig count: 273
  

Back of envelope:

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

Dashboards:

• EIA pdf, Bakken: https://www.eia.gov/petroleum/drilling/pdf/bakken.pdf
• EIA, pdf, Permian: https://www.eia.gov/petroleum/drilling/pdf/permian.pdf
• EIA, pdf, Eagle Ford: https://www.eia.gov/petroleum/drilling/pdf/eagleford.pdf

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

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2021	30	6620	6522	4174	16827	16204	225
BAKKEN	8-2021	31	6804	6821	5605	17132	16677	127
BAKKEN	7-2021	27	5520	5473	3771	14511	14049	211
BAKKEN	6-2021	30	6247	6268	4394	16875	16427	146
BAKKEN	5-2021	31	6976	6971	5372	19883	18991	566
BAKKEN	4-2021	29	6936	6936	4333	18113	17808	10
BAKKEN	3-2021	31	7292	7264	5797	20907	20449	140
BAKKEN	2-2021	28	7321	7511	6172	23415	22934	182
BAKKEN	1-2021	31	9802	9642	8438	32487	32009	168
BAKKEN	12-2020	31	9744	9726	7730	31222	30871	29
BAKKEN	11-2020	30	9738	9739	7618	29530	27800	1392
BAKKEN	10-2020	31	10502	10462	7947	27648	27210	128
BAKKEN	9-2020	30	10859	10883	8613	27669	27190	179
BAKKEN	8-2020	31	13004	12996	10961	28430	28087	31
BAKKEN	7-2020	31	14280	14269	11123	25812	24050	1449
BAKKEN	6-2020	0	0	0	0	0	0	0
BAKKEN	5-2020	31	13731	13752	11972	38393	37578	123
BAKKEN	4-2020	28	11412	11376	8980	29413	28361	598
BAKKEN	3-2020	31	14277	14346	12353	29904	29124	393
BAKKEN	2-2020	29	14669	14565	7629	22968	22494	172
BAKKEN	1-2020	10	4527	4587	2500	6821	6661	99
BAKKEN	12-2019	31	14989	15011	7255	43357	42667	441
BAKKEN	11-2019	30	17501	17536	9012	48093	45085	2660
BAKKEN	10-2019	29	18653	18656	13923	42220	41384	482
BAKKEN	9-2019	30	18863	18834	14720	39809	35381	4205
BAKKEN	8-2019	31	23249	23229	15232	46935	45618	1114
BAKKEN	7-2019	31	25227	25284	16267	47835	43983	3632
BAKKEN	6-2019	30	25980	26038	16489	39821	38319	1300
BAKKEN	5-2019	31	32139	32023	19101	46390	43587	2603
BAKKEN	4-2019	27	25729	25762	16515	33857	31411	2444
BAKKEN	3-2019	31	34385	34375	21571	45847	43308	2539
BAKKEN	2-2019	28	32637	32598	20582	41534	37810	3724
BAKKEN	1-2019	27	27559	27579	18333	33436	29714	3722
BAKKEN	12-2018	31	25178	25198	22131	33930	29709	4221
BAKKEN	11-2018	25	39251	39274	31804	45904	39781	6123
BAKKEN	10-2018	22	38236	38064	30900	47276	42993	4283
BAKKEN	9-2018	0	0	0	0	0	0	0
BAKKEN	8-2018	0	0	0	0	0	0	0
BAKKEN	7-2018	0	0	0	0	0	0	0
BAKKEN	6-2018	6	1036	1036	8408	1774	0	1774

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.

• New Mexico rig count: 83.
• North Dakota rig count: 27.
• Texas rig count: 273
  

Back of envelope:

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

Dashboards:

• EIA pdf, Bakken: https://www.eia.gov/petroleum/drilling/pdf/bakken.pdf
• EIA, pdf, Permian: https://www.eia.gov/petroleum/drilling/pdf/permian.pdf
• EIA, pdf, Eagle Ford: https://www.eia.gov/petroleum/drilling/pdf/eagleford.pdf

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;

**************************
Back to the Bakken

Active rigs: 

$69.02	12/1/2021	12/01/2020	12/01/2019	12/01/2018	12/01/2017
Active Rigs	23	14	57	66	54

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;
  

Date	Oil Runs	MCF Sold
9-2021	26601	99302
8-2021	30195	94476
7-2021	30894	83210
6-2021	19430	57074

 The Nikolai Federal wells are tracked here.

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Never Gets Old

Needs No Introduction