Odds And Ends -- Bakken Updates -- July 3, 2022

Carson Peak and Morris: the incredible CLR Carson Peak and Morris wells have been updated. Huge ND blizzard in April, 2022. All wells saw decrease in production in April; some had no production, and some remain off line into May, 2022. But they are all incredible wells. Once the NDIC GIS map comes back on line (not holding my breath) we can better sort out what's going on.

Gunderson: two of the Gunderson wells have gone over 500K bbls oil, cumulative;

• 22578, 3,906, Equinor/BEXP, Gunderson 15-22 3H, 15-152098, Banks, t3/13; cum 433K 1/20; cum 504K 5/22;
• 20345, 2,746, Equinor/BEXP, Gunderson 15-22 1H, t7/1l; cum 417K 1/20; cum 517K 5/22;

"Game Fish" pad: Enerplus pad updated here. Nice wells. 

Arndt: link here. Nothing particularly interesting, Just some "steady Eddies" that need to be re-fracked. 

Squaw Creek, WPX: link here. Incredible wells. 

Hess SC-5WX / SC-4WX: link here. Some very, very nice wells.

Odds And Ends -- Eve Of July 4, 2022

Week in pictures: I was so busy yesterday, I completely forgot about the Saturday pictures. A reader reminded me. Thank you. Link here. It will be interesting to see if "mean tweets" poll better than "$6-gasoline."

NASCAR today: 2:00 p.m. at Road America, in Wisconsin's scenic Kettle Moraine, Elkhart Lake, one of the world's fastest permanent road racing tracks.

Well said, link here:

Word for the day: cromulent. Link here.

Margins:

• in other words,
• service stations owners: 15 cents / gallon
• US government: 18 cents / gallon
• California, state: 54 cents / gallon
• link here:

 Sophia's tackle box:

At The Top Of My Twitter Energy Feed This Morning -- July 3, 2022

Link here. 

I would have to go back and look at the European events and economies in the 1930s but something suggests that if we have whole scale collapse of German industry, Putin's War could become much, much bigger. Overnight.

Again, for the umpteenth time, Peter Zeihan's c. 2022. 

Very concerning to me, at this moment in time, the US does not seem to have an administration that can react quickly, decisively, and smartly. 

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Tesla

 Updates

July 5, 2022: link here.

It's been almost two weeks since the last tweet from Elon Musk.

Original Post

Tesla doesn't report until later this month, but there are indications that Tesla has a cash flow problem, or more specifically, no cash on hand to pay some creditors. I have no idea. Just something I happened to see on my twitter feed earlier last week. 

Usual disclaimers apply: this is not an investment site.

Link here. 

***********************
The Fed's Next Problem

Speaking of a cash flow problem over at Tesla. The Fed's next problem may very well be a liquidity crisis. 

***************************
Saudi's Foreign Reserve Assets.

Re-posting. A very unusual "pattern," wouldn't you say?

Link here.

Record revenue, but yet foreign exchange reserves flat. 

One can guess top two reasons.

************************
The Sports Page

One-touch football. Link here.

Initial Production For Wells Coming Off The Confidential List This Next Week -- July 3, 2022

The wells:

• 38696, conf, Lime Rock Resources, Harstad 9-1TFH-155-91, Stanley, no production data,
• 38695, conf, Lime Rock Resources, Behr 16-21 2H-LL-155-91, Stanley, no production data,
• 38176, conf,  Hess, AN-Norby-LE-152-94-0409H-1, Antelope,

Date	Oil Runs	MCF Sold
5-2022	17698	0
4-2022	18823	28837
3-2022	29514	41065
2-2022	27339	32768
1-2022	37712	23041

• 37145, conf, Hess, BL-Olson-155-96-0310H-3, Beaver Lodge,

Date	Oil Runs	MCF Sold
5-2022	12736	0
4-2022	10481	37727
3-2022	21998	55979
2-2022	23594	44741
1-2022	28331	51460

• 38694, conf, Lime Rock Resources, Behr 16-21 1TFH-LL-155-91, Stanley, no production data,
• 38631, conf, Lime Rock Resources, Jon R 16-22-3TFH, Stanley, no production data,  
• 38244, conf, Ovintiv, Kramer 150-97-18-19-3H, Siverston, no production data,  
• 38245, conf, Ovintiv, Kramer 150-97-18-19-4H, Siverston, no production data,
• 38246, conf, Ovintiv, Kramer 150-97-18-19-14H, Siverston, no production data,
• 38632, conf, Lime Rock Resources, Jon R 16-21 2TFH, Stanley, no production data,
• 38247, conf, Ovintiv, Kramer 150-97-18-19-5H, Siverston, no production data,
• 38177, conf, Hess, AN-Norby-LE-152-94-0409H-10, Antelope,

Date	Oil Runs	MCF Sold
5-2022	19983	0
4-2022	21931	33668
3-2022	35548	54653
2-2022	25148	34518
1-2022	27589	19606

Wells Coming Off The Confidential List This Next Week -- July 13, 2022

Wednesday, July 13, 2022: 13 for the month, 13 for the quarter, 352 for the year
None.

Tuesday, July 12, 2022: 13 for the month, 13 for the quarter, 352 for the year
None.

Monday, July 11, 2022: 13 for the month, 13 for the quarter, 352 for the year
38696, conf, Lime Rock Resources, Harstad 9-1TFH-155-91,

Sunday, July 10, 2022: 12 for the month, 12 for the quarter, 351 for the year
38695, conf, Lime Rock Resources, Behr 16-21 2H-LL-155-91,
38176, conf,  Hess, AN-Norby-LE-152-94-0409H-1,

Saturday, July 9, 2022: 10 for the month, 10 for the quarter, 349 for the year
37145, conf, Hess, BL-Olson-155-96-0310H-3,

Friday, July 8, 2022: 9 for the month, 9 for the quarter, 348 for the year
38694, conf, Lime Rock Resources, Behr 16-21 1TFH-LL-155-91,

Thursday, July 7, 2022: 8 for the month, 8 for the quarter, 347 for the year
38631, conf, Lime Rock Resources, Jon R 16-22-3TFH, 
38244, conf, Ovintiv, Kramer 150-97-18-19-3H,

Wednesday, July 6, 2022: 6 for the month, 6 for the quarter, 345 for the year 

• 38245, conf, Ovintiv, Kramer 150-97-18-19-4H, 

Tuesday, July 5, 2022: 5 for the month, 5 for the quarter, 344 for the year

• None.

Monday, July 4, 2022: 5 for the month, 5 for the quarter, 344 for the year 

• 38246, conf, Ovintiv, Kramer 150-97-18-19-14H, 

Sunday, July 3, 2022: 4 for the month, 4 for the quarter, 343 for the year 

• 38632, conf, Lime Rock Resources, Jon R 16-21 2TFH, 
• 38247, conf, Ovintiv, Kramer 150-97-18-19-5H,
• 38177, conf, Hess, AN-Norby-LE-152-94-0409H-10, 

Saturday, July 2, 2022: 1 for the month, 1 for the quarter, 340 for the year 

• None.