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Saturday, October 1, 2022

Anticipation -- October 1, 2022

The wells:

  • 38984, conf, Murex, TL-Andrea Faye 15-22H MB, Beaver Lodge,
  • 38983, conf, Murex, TL-Kory Dale 10-3H MB, West Bank,
  • 38982, conf, Murex, TL-Pattie Ann 10-3H MB, West Bank,
  • 38981, conf, Murex, TL-Terry Lynn 10-3H MB, West Bank,
  • 38980, rig on site/conf, Murex, TL-Kyle Donovan 15-22H MB, Beaver Lodge,

The graphics:


Laser-Focused On Dividends -- October 1, 2022

From yesterday:

Abbreviated disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. Full disclaimer at tabbed link.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.

Stock buybacks: for those who "like" stock buybacks more than dividends, tell me how your AAPL is doing.

Oklahoma today: gonna drop out of the top 25. Just saying.


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La Mer

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Streaming

American Playboy: The Hugh Hefner Story.

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Frog On a Log In Pot Of Water Over a Fire

First, the basic cable or basic satellite connection (required).

Then, a basic streaming service, Hulu or YouTube TV (pretty much required).

Then, the Amazon Firestick and Amazon Prime Video (nice add-ons).

Then, Apple TV -- simply because.

Then à la carte: Netflix or HBO (occasionally a must-have).

I noted that because I see Netflix is now streaming a Creedence Clearwater Revival documentary. 

Netfllix: only $9.99 / month.

Reality Sucks -- October 1, 2022

My wife who just got back from San Pedro, CA, tells me gasoline out there is $6.89 / gallon.

Here, in north Texas, DFW area, gasoline tonight is $2.89 -- my wife tells me that -- she filled up tonight.

She says California is nice but not at those prices.

This is her last trip ever to California to her parents' home. Another chapter in our life, closed.

Buffett Sees Something "Everyone" Is Missing -- October 1, 2022

Warren Buffett has noted something few others have noted. Two points follow:

  • what Buffett sees now will be obvious some years from now;
  • this is different than what he saw when he bought Burlington Northern.

Re-posting: 

Buffett 

For perspective if I recall correctly, Buffett bought Burlington Northern railway for $25 billion. At the time, Buffett said he "bet the company on that deal."

Now, decades later, he spends an equal amount on oil

My hunch: Warren and I have invested the same proportion of our investment portfolio in CVX over the years.

Abbreviated disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. Full disclaimer at tabbed link.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.

Link here. Perhaps why Buffett continues to invest in fossil fuel:

Zavanna's Proposed 1920-Acre Unit Southeast Of Williston -- Twelve Wells-- October 1, 2022

Case # 29665, this is a case, not a permit, from the Thursday, October 27, 2022, hearing dockets:

Application of Zavanna, LLC for an order amending the field rules for the Stockyard Creek, Long Creek and/or Truax-Bakken Pool, Williams County, ND, so as to create and establish the following:

  • (i) an overlapping 1920-acre spacing unit comprised of Sections 24, 25 and 36, T.154N., R.99W., authorizing the drilling of a total not to exceed twelve wells on said proposed overlapping 1920-acre spacing unit; and,
  • (ii) an overlapping 3840-acre spacing unit comprised of Sections 24, 25 and 36, T.154N., R.99W. and Sections 19, 30 and 31, T.154N., R.98W., authorizing the drilling of a horizontal well on or near the section line between existing spacing units on said proposed overlapping 3840-acre spacing unit, and/or such further relief.

Existing wells of interest:

Existing wells of interest:

  • 22958, 972, Zavanna, NSI 23-24H, Stockyard Creek, t7/13; cum 371K 7/22;
  • 18824, IA/855, Zavanna, Gary 1-24H, Stockyard Creek, t10/10; cum 283K 4/22; off line, 4/22;
  • 20484, 1,126, Zavanna, Thunderbird 25-36 1H, Long Creek, t3/12; cum 449K 7/22;

Graphics:


The US F-35 Assembly Line Vs The Russian Su-57 Assembly Line -- October 1, 2022

Link here.

And note this:


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Buffett 

For perspective if I recall correctly, Buffett bought Burlington Northern railway for $25 billion. At the time, Buffett said he "bet the company on that deal."

Now, decades later, he spends an equal amount on oil

My hunch: Warren and I have invested the same proportion of our investment portfolio in CVX over the years.

Abbreviated disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. Full disclaimer at tabbed link.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.

Link here. Perhaps why Buffett continues to invest in fossil fuel:


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Amazon
 

Link here:

Amazon, which booked net losses in Q1 and Q2 totaling nearly $6 billion and whose shares are down 38% from their high in July last year, is undertaking large-scale efforts to cut costs – including commercial real estate costs. 
It is closing or cancelling 44 warehouses across the US; it’s halting construction on six office towers, and won’t start construction on a seventh. And now it emerges that it plans to close four of its five call centers in the US and switch those customer service representatives to working from home. Amazon currently operates five call centers in the US. Kennewick, WA; Lexington, KY; Phoenix, AZ; Huntington, WV; and Houston, TX. It plans to close four of them. Either the Houston or the Huntington facility will likely remain open, according to Bloomberg
Amazon confirmed to Bloomberg that the call center work will be shifted to work from home. Even before the pandemic, it already allowed some call center workers to work from home.

Saudi Arabia In A Panic -- October 1, 2022

Saudi in a panic. Neom at risk

Link here.

Saudi Arabia foreign exchange reserves. Link here

Flu Season Has Begun -- October 1, 2022

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For The Archives

Week 39: September 25, 2022 -- October 1, 2022

Top Stories

Top story
  • Putin reiterates threats to use tactical nuclear weapon in Ukraine. No reaction in the West.
    • Russia withdraws from key city in Ukraine one day after Putin illegally declared coontrol over parts of eastern Ukraine (headline from NY Times). The city? Lyman.
  • Hurricane Ian: will affect US GDP. 
  • Joe Biden is still president.
Javier Blas: tea leaves suggest big OPEC cut this Wednesday, October 5, 2022.

Focus on fracking: most recent edition.

Top story of the week:

  • US equity markets continue to plunge.
    • tea leaves suggest Fed is getting nervous

Top international energy story:

  • Ukraine war drags on

Top national non-energy story:

  • Ukraine war drags on

Top national energy story:

  • WTI stabilizes around $80.

Top North Dakota non-energy story:

Top North Dakota energy story
:


Geoff Simon's top North Dakota energy stories:

Bakken economy:

Commentary:

Entertainment:

  • Streaming: CCR on Netflix.