Wind is making all the difference in the world.
Friday, August 18, 2023
Week 33: August 14, 2023 -- August 20, 2023
Locator: 45513TOP.
Top story:
- Hurricane Hillary, up the southwest coast of the US (and Baja, CA) will be the top regional story, some national interest.
Top international non-energy story:
- Russian-Ukraine war continues but it seems "no one" knows.
- Ukraine's summer-2023 counter-offensive falters
- Ukraine will get F-16s, but perhaps not in combat until 2024
- Russia-Iran partner on thousands of drones
Top international energy story:
- if oil prices don't rebound, Saudi Arabia could be in deep trouble, due to a price war it initiated a year ago or thereabouts.
Top national non-energy story:
- US economy, markets diverge
- interest rates moving to new highs
- equity markets falling
- mortgage rates trending toward record highs
- GDPNow shows US economy up as much as 5.8% in 3Q23
- Trump: more indictments; GOP voters showing "indictment fatigue"
- Trump campaign donations now being used to pay legal fees
Top national energy story:
Focus on fracking: most recent edition.
Top North Dakota non-energy story:
Top North Dakota energy story:
- June, 2023, production up 3% month/month
- DAPL shutdown back in the news; could possibly be shutdown
- DAPL shutdown is great concern to farmers moving grain on rail
Geoff Simon's top North Dakota energy stories:
Bakken economy:
Commentary:
Entertainment:
The CLR Veigel Wells In Rattlesnake Point, Dunn County
Locator: 45512B.
From the August 18, 2023, daily activity report:
Eight new permits, #40135 - #40142, inclusive:
- Operator: CLR
- Field: Rattlesnake Point (Dunn County)
- Comments:
- CLR has permits for eight Veigel permits, NENW 9-146-96;
- to be sited 300 FNL and between 1777 FWL and 2033 FWL
The Veigel wells:
- 16927, conf, CRL, Veigel 1-9H,
- 40135, conf, CRL, Veigel 2-9H,
- 40136, conf, CRL, Veigel 3-9H1,
- 40137, conf, CRL, Veigel 4-9H,
- 40138, conf, CRL, Veigel 5-9H1,
- 40139, conf, CRL, Veigel 6-9H,
- 40140, conf, CRL, Veigel 7-9H1,
- 40141, conf, CRL, Veigel 8-9H,
- 40142, conf, CRL, Veigel 9-9H1,
Completed:
- 16927, 142, CLR, Veigel 1-9H, Rattlesnake Point, t8/08; cum 238K 6/23; open-hole frack, July 29, 2008; 97,298 lbs 100 mesh sand, and 1,750 bbls gelwater; comment in the drilling report: "avoiding the Lower Bakken Shale is difficult." TD: 20,874 feet.
Rattlesnake oil field: tracked here, but it has not been updated in ages. Sorry. Not sorry.
The maps:
CLR With Eight New Veigel Permits In Rattlesnake Point, Dunn County -- August 18, 2023
Locator: 45511B.
WTI: $81.40.
Eight new permits, #40135 - #40142, inclusive:
- Operator: CLR
- Field: Rattlesnake Point (Dunn County)
- Comments:
- CLR has permits for eight Veigel permits, NENW 9-146-96;
- to be sited 300 FNL and between 1777 FWL and 2033 FWL
Three permits renewed:
- Formentera Operations (2): a Pacer permit and an Adeline permit, both in Divide County
- CLR: a Kennedy permit in Dimmick Lake, McKenzie County
Three permits canceled:
- Enerplus: an Aldabra permit (McKenzie County), an MC-Kudrna permit (Dunn County), and a Wm Ann Thome permit (Williams County)
One producing well (a DUC) reported as completed:
- 39423, 1,502, CLR, Skachenko Federal 11-31HSL,
Apple Talk -- August 18, 2023
Locator: 45510APPLE.
From a post earlier this morning:
Apple:
From a post earlier this morning:
Apple:
- more on the M3 -- link here, but I don't think there's anything here that hasn't already been reported;
- not sure why MacRumors posted this;
- the M3 chips will use updated TSMC chip manufacturing technology
This is my workhorse. I literally use it 24/7. Note the Intel processor.
This just demonstrates how "long" Apple computers "last."
Back-up. When they went on sale about six months ago, I bought a new 13-inch MacBook Air, M1, 2020-version. They are currently listed at theApple website for $999 for the base model; I believe I got mine for about $750. It's been booted up, configured, and I've used it a couple of times, but it's my back-up and after using it for a few days, I went back to my current 2018 model. I'll keep the new M1 model in pristine condition .... while the current 2018 model works perfectly.
MacOS: I have not updated / upgraded the operating system for this old 2018 computer that I'm using. I have no plans to upgrade this one, but that could change.
Coming: it is likely in late September, Tim Cook will announce a new 13-inch and a new 15-inch MacBook Air, using the new M3 chip. Current Mac computers:
It appears obvious that the M2 chip was transitional. My hunch: the M2 Macs are going to plummet in price when the M3 computers are announced. Good luck finding a new 13-inch M1 MacBook Air.
For the archives, current prices:
On sale:
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Background
The book today:
- Augustine: A New Biography, James J. O'Donnell, c. 2005, BAUG.
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The Original Cowbell
Absolutely Spooky Action At A Distance -- August 18, 2023
Locator: 45509AMAZON.
Sitting in Starbucks this morning, I realized I forgot my wireless headphones. Shoot.
Best way to solve this problem, order another pair, for the backpack, where that pair will always remain.
I click on Amazon.
Over the years, I assume I've bought a thousand "things" from Amazon and have done a hundred times that many searches on Amazon.
I click on Amazon. The first thing that popped up -- an Amazon alert that the bone conduction headphones that I had purchased sometime ago were on sale.
Now, of the gazillion "things" that I could have been searching for, this was the one that popped up. My last two searches on the internet had to do with books -- one on East Germany and one on Covid-19. Neither of those searches had anything to do with headphones, or music.
But there is was. I went to Amazon to look for a specific item, and Amazon seemed to know, at a distance, in a spooky way, for what I was looking.
So far this morning, from Amazon: Starbucks K-cups; the headphones. It's not even 9:30 a.m. yet and local stores won't open until 10:00 a.m. -- yes, the grocers are open, so I could pick up K-cups, but not the headphones -- even if I could find them locally.
Later: 1:40 p.m. same day — alert from Amazon that my order had arrived. Amazing.
Energy Transfer To Acquire Crestwood -- August 18, 2023
Locator: 45508PIPELINE.
Motley Fool, link here:
Press release, Energy Transfer:
RBN Energy: Energy Transfer continues its expansion with Crestwood deal. Archived.
Over the past four years, Energy Transfer (ET) has completed several major acquisitions, all aimed at giving the company the additional size and reach it will need to compete in an increasingly consolidated midstream sector. On Wednesday, ET announced one of its biggest purchases yet: a $7.1 billion deal to acquire Crestwood Equity Partners, which has extensive gathering and processing assets in the Permian, Powder River and Williston basins, as well as NGL terminal and storage facilities east of the Mississippi. In today’s RBN blog, we look at how the addition of Crestwood’s holdings will extend ET’s value chain and complement its fractionation assets at Mont Belvieu and its export capabilities at both its Nederland and Marcus Hook terminals.
Dallas-based Energy Transfer has been on an M&A roll for a while now, and the big chunks of processing plants, pipelines and other midstream assets it’s been acquiring have been coalescing into what seems like a very logical whole. We’ll get to ET’s big-picture plan in a moment.
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If You Liked Nine,
Why Not Twenty-Seven?
TGIF -- The Market -- August 18, 2023
Locator: 45507INV.
Stocks in the news:
- CVS plummets on news that California Blue Shield opts for Amazon Pharmacy and Cuban Pharmacy
- DE: raises profit outlook
- Walmart: some say it's a "Goldilocks" economy for Walmart
- not sure whyMacRumors posted this.
- the M3 chips will use updated TSMC chip manufacturing technology
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Background
Tech: CPUs, GPUS, cores, threads and all that jazz --
Chips, transistors: link here.
Cut to the chase: link here.
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Whoo-Hoo!
Three Wells Coming Off Confidential List Today -- August 18, 2023
Locator: 45506B.
WTI: $80.09.
Sunday, August 20, 2023: 38 for the month; 240 for the quarter, 485 for the year
39450, conf, CLR, Edward 10-23H,
38995, conf, Hess, TI-Stenback-158-95-2526H-10,
38904, conf, Enerplus, MC-Kudrna 144-95-10-3-3H,
Saturday, August 19, 2023: 35 for the month; 237 for the quarter, 482 for the year
None.
Friday, August 18, 2023: 35 for the month; 237 for the quarter, 482 for the year
39555, conf, Neptune Operating, Gibbins 11-2 2H,
39451, conf, CLR, Edward 11-23H1,
37881, conf, BR, Kermit 1-8-32UTFH,
RBN Energy: Energy Transfer continues its expansion with Crestwood deal. Archived.
Over the past four years, Energy Transfer (ET) has completed several major acquisitions, all aimed at giving the company the additional size and reach it will need to compete in an increasingly consolidated midstream sector. On Wednesday, ET announced one of its biggest purchases yet: a $7.1 billion deal to acquire Crestwood Equity Partners, which has extensive gathering and processing assets in the Permian, Powder River and Williston basins, as well as NGL terminal and storage facilities east of the Mississippi. In today’s RBN blog, we look at how the addition of Crestwood’s holdings will extend ET’s value chain and complement its fractionation assets at Mont Belvieu and its export capabilities at both its Nederland and Marcus Hook terminals.
Dallas-based Energy Transfer has been on an M&A roll for a while now, and the big chunks of processing plants, pipelines and other midstream assets it’s been acquiring have been coalescing into what seems like a very logical whole. We’ll get to ET’s big-picture plan in a moment.