Released Today! Whoo-hoo! -- August 15, 2023

Locator: 45475FILM.

Link here.

Link here.

As of August 11, 2023, the movie is streaming exclusively on Peacock. 

See this post from earlier today.

I actually talked about this back on August 2, 2020.

When this movie came out, I saw it three times in five days. I'll buy it over at Amazon Prime Video so I can stream it when I want. 

Recession-Obsession: I Guess They're Reading The Blog -- August 15, 2023

Locator: 45474ECON.

From The Washington Post:

The lede: 

Bob Basu was surprised when demand for facelifts, tummy tucks and liposuction surged early in the pandemic. But he’s even more amazed that it’s not over yet — well through a three-year recovery and into a bustling summer when, by most accounts, the economy was supposed to be deep in recession. Instead, the Houston plastic surgeon’s business is booming. Cosmetic procedures have doubled from pre-covid levels and are expected to grow another 15 percent this year. He’s raised prices, hired another surgeon and, still, is booked through the fall.

In hopeful moment, storm clouds over Biden economy appear to lift But now the summer of 2023 is shaping up to be a period of unexpected expansion. With unemployment near 50-year lows, inflation edging down and wages rising faster than prices, businesses and families are still spending: Orders for American-made goods spiked in June and fresh data this week shows that retail and restaurant sales climbed for the fourth straight month in July. The Atlanta Fed is now predicting economic growth will reach 5 percent this quarter.

Ducatis and BMW motorcycles are flying off lots. Cruise bookings are at all-time highs. And crowds are spending billions to see Taylor Swift, Beyoncé and “Barbie.” In all, Americans spent more at restaurants, bars, clothing shops and hardware stores in July than they did the month before, according to federal data. 

“We’ve had three years of unusual and puzzling moments and frankly, this summer is just one more,” said Claudia Sahm, founder of Sahm Consulting and a former Federal Reserve economist. “People have been talking about a recession for two years — wishing on it, even — but the economy is still strong. Inflation is coming down, unemployment is staying low. Things are not cratering.”

See below. Posted earlier today:

GDPNow. 5.0 -- latest reading. Will be updated again, tomorrow, August 16, 2023. Is 5.0 the best of any western economy right now?

Link here.

CLR's Colette Wells In Dollar Joe Oil Field

Locator: 10001Colette

The wells:

• 39091, conf/drl, CLR, Colette 3-18H, Dollar Joe, 
• 39090, conf/drl, CLR, Colette 2-18HSL, Dollar Joe, 
• 39089, 1,344, CLR, Colette 6-18H, Dollar Joe, 
  
• 39088, drl/NC, CLR, Colette 5-18H, Dollar Joe, 
• 39087, drl/NC, CLR, Colette 4-18H, Dollar Joe, 
• 21899, IA/1,592, CLR, Colette 21X-18, t3/12; cum 286K 7/22; Dollar Joe, offline since 7/22;

Director's Cut -- Data For June, 2023

Locator: 45473B.

Director's Cuts are tracked here. 

Disclaimer applies. 

DUCs and wells off-line for operational reasons tracked here.

Producing wells:

• new all-time high, this month, June, 2023: 18,805 producing wells (preliminary)
  
• the North Dakota Department of Mineral Resources reported the state had 18,805 (preliminary number) producing wells in June, 2023.

Highlights.

• active rigs
• 37: June, 2023
  
• expected to rise to the mid-forties with gradual increase over next two years;

• crude oil production:
• June, 2023: 1,167,301 bopd
• May, 2023: 1,135,009 bopd

• crude price:
• today: $78.25 (look at change from June, 2023)
  
• June, 2023: $64.18
  
• May, 2023; $65.82

• natural gas: 
• June 2023: 3,250,105 MCF/day
• May, 2023: 3,156,883 MCF/day

• wells permitted:
• July: 70
• June: 85
• May: 63
• April: 89

• DUCs:
• June: 433
  
• May: 459
• April: 458

• inactive:
• June: 1,693
  
• May: 1,779
• April, 1,899

• completed:
• July: 83 (preliminary)
  
• June: 85 (preliminary)
• May: 138 (preliminary)
• April: 51 (preliminary)

• producing:
• June, 2023: 18,085 (new all-time high)
  
• May, 2023: 17,9292 (new all-time high as of May, 2023) 
• April: 17,768

Daily Activity Report -- Director's Cut With June Data Has Been Posted -- August 15, 2023

Locator: 45472B.

Director's Cut: posted. 

WTI: $81.06.  -- China's econmic data driving oil price.

New permits: no new permits; typical on day Director's Cut is posted.

 

Four permits renewed:

• XTO: four Jorgenson permits, SWSE 9-148-96;

One permit canceled:

• 37820, PNC, Enerplus, Skulk 149-93-10B-15H,

Seven producing wells (DUCs) reported as completed:

• 39121, 2,769, Grayson Mill, Cherrey 34-27 2H, Todd oild field; 
• 39426, 980, CLR, Bice Federal 9-32, the Bice Federal wells are tracked here;
• 39425, 1,305, CLR, Bice Federal 8-32H,
• 39424, 1,312, CLR, Bice Federal 7-31H1,
• 39089, 1,344, CLR, Colette 6-18H, Dollar Joe, the Colette wells are tracked here but nothing to see yet;
• 38791, 2,207, MRO, Beesaw 44-9TFH,
• 38449, 3,533, MRO, Augusta 41-16H,

***********************
DUCs

Sent to me by reader. Thank you.

 

	Bakken
	Drilled	Completed	DUC
Dec-13	--	--	603
Jan-14	174	143	634
Feb-14	214	158	690
Mar-14	216	218	688
Apr-14	220	207	701
May-14	216	208	709
Jun-14	237	225	721
Jul-14	257	243	735
Aug-14	229	207	757
Sep-14	250	232	775
Oct-14	186	243	718
Nov-14	209	202	725
Dec-14	224	194	755
Jan-15	197	193	759
Feb-15	230	151	838
Mar-15	182	170	850
Apr-15	142	127	865
May-15	124	139	850
Jun-15	110	135	825
Jul-15	102	124	803
Aug-15	111	101	813
Sep-15	99	92	820
Oct-15	118	84	854
Nov-15	100	89	865
Dec-15	98	78	885
Jan-16	71	80	876
Feb-16	61	41	896
Mar-16	68	45	919
Apr-16	43	39	923
May-16	46	59	910
Jun-16	42	54	898
Jul-16	45	56	887
Aug-16	53	82	858
Sep-16	49	66	841
Oct-16	59	85	815
Nov-16	61	86	790
Dec-16	53	49	794
Jan-17	62	52	804
Feb-17	51	58	797
Mar-17	78	71	804
Apr-17	78	104	778
May-17	94	82	790
Jun-17	76	105	761
Jul-17	95	103	753
Aug-17	99	110	742
Sep-17	98	97	743
Oct-17	104	110	737
Nov-17	93	86	744
Dec-17	77	65	756
Jan-18	107	72	791
Feb-18	74	74	791
Mar-18	95	90	796
Apr-18	109	110	795
May-18	124	131	788
Jun-18	108	118	778
Jul-18	134	155	757
Aug-18	108	138	727
Sep-18	108	122	713
Oct-18	120	118	715
Nov-18	110	99	726
Dec-18	108	70	764
Jan-19	120	71	813
Feb-19	108	56	865
Mar-19	111	110	866
Apr-19	118	112	872
May-19	127	127	872
Jun-19	118	149	841
Jul-19	122	122	841
Aug-19	122	144	819
Sep-19	110	88	841
Oct-19	116	108	849
Nov-19	96	88	857
Dec-19	94	86	865
Jan-20	99	98	866
Feb-20	94	100	860
Mar-20	94	108	846
Apr-20	69	33	882
May-20	33	14	901
Jun-20	18	11	908
Jul-20	18	22	904
Aug-20	19	27	896
Sep-20	18	51	863
Oct-20	19	41	841
Nov-20	20	31	830
Dec-20	20	51	799
Jan-21	20	41	778
Feb-21	19	24	773
Mar-21	25	45	753
Apr-21	27	47	733
May-21	29	62	700
Jun-21	31	33	698
Jul-21	32	66	664
Aug-21	39	69	634
Sep-21	42	79	597
Oct-21	43	78	562
Nov-21	46	68	540
Dec-21	52	50	542
Jan-22	53	35	560
Feb-22	64	49	575
Mar-22	66	68	573
Apr-22	58	39	592
May-22	75	61	606
Jun-22	75	80	601
Jul-22	75	89	587
Aug-22	76	93	570
Sep-22	78	83	565
Oct-22	77	92	550
Nov-22	79	79	550
Dec-22	80	53	577
Jan-23	80	95	562
Feb-23	80	89	553
Mar-23	80	91	542
Apr-23	79	91	530
May-23	74	84	520
Jun-23	70	80	510
Jul-23	70	80	500