Friday -- End-Of-Day-Report -- August 9, 2024

Locator: 48374B.

Pet peeve: when the media calls a plane falling out of the sky a "crash."  

• from the article: videos posted online showed a plane spiraling as it dropped from the sky. 
• passenger planes don't simply drop out of the sky -- but yes, when they hit the ground, it's a crash, but the initial problem was not "crashing into terrain." 
• the initial problem was falling out of the sky -- cause unknown
• I would assume radio communications will explain a lot; I could be wrong; we'll see. In fact, "no" radio communications before suddenly falling out of the sky will also be quite noteworthy
• Reddit got it correct: "a plane with 62 passengers just fell..."
  

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Back to the Bakken

Bakken lease: reported earlier. --

Pride Energy Co. entered the single highest bid—$15.1 million—for a 273-acre lease under the Missouri River outside of Williston, ND, according to preliminary sales data released Aug. 7 by the agency. Companies that win a lease in federal oil sales are given 10 years to start drilling for oil and gas. BLM applies a 16.67% rate from production on the leases.

• $15.1 million / 273 acres = $55,311 / acre 
• 273 acres = slightly less than 1/2 section 
• sections 16 / 17 / 21 / 22 -- 153 - 93 "available; far west Sanish;
• then almost all of the river west of / and including section 24 / 25 -154 95; Hofflund, Grinnell
  
• speaks volumes about the work left to be done in the Bakken
  

WTI: $76.84.

Active rigs: 34.

Two new permits, #41013 - #41014, inclusive:

• Operators: CLR, Grayson Mill
• Fields: Crazy Man Creek (Williams); Ragged Butte (McKenzie)
• Comments:
• Grayson Mill has a permit for an L And E well, SESW 9-151-101, to be sited 484 FSL and 18181FWL;
• CLR has a permit for an Alfsvaag FIU well, NENE 31-153-99, to be sited 283 FNL and 477 FEL

Approved for re-entry:

• 22204, BR, Manchester 24-9MBH, SESW 9-147-97, Little Knife, Dunn County; bottom hole location, lot 2, section 4-147-97; spacing unit, section 4 / 7 - 147-97; back on confidential list; well file still available; drilled back in 2014; test, 1/16/2015; IP of 2,040 bbls; 30 stages; 3.50 million lbs proppant; 

One permit renewed;

• 37261, MRO, Sophia USA 11-14TFH, Dunn County, wildcat.

Three permits canceled:

• Slawson (2): two Nightmaker permits, Mountrail County;
• Neptune Operating: a CPEUSC Riley Anne permit, Williams County

A producing well (a DUC) reported to be completed:

• 40271, 1,053, CLR, Sloan 3-18HSL,