Pages

Sunday, January 14, 2024

Bakken Production During The Freeze -- January 14, 2024

Locator: 46542B.

Link here.

****************
The Art Page

From our adult daughter, Kiri. Pretty amazing, for her first attempt using this medium and method.

ERCOT Update -- January 14, 2024

Locator: 46541ERCOT.

Link here.

ERCOT.

Monday is a holiday. That will help. Renewable energy from the same link:


Apple's Siri Evaluation Team Will Relocate To Austin, Texas -- January 14, 2024

Locator: 46540Apple.

Relocations, California to Texas, tracked here

Top ten relocations to Texas in 2023.

Link here.

Apple Park, Cupertino, is starting to look like a white elephant. The Siri team must have been a minuscule piece of Apple's overall operations if the move is/was made as a cost-cutting measure. Why else would the team move?

On the surface, it simply makes no sense. One almost gets the feeling that Apple is cutting its losses wherever it can. And it could be a shot across the bow as a warning to "California." But warning for what? It will be interesting to see what social media has to say about that (at the link).

Cowboys - Packers -- Third Quarter -- The Booth Is Starting To Talk About NASCAR -- January 14, 2024

Locator: 46539NFL.

48 - 32. 

Literally "everyone" on the "Steven A" show on Friday said Dallas would jump out early (to an insurmountable lead) and record a blowout game. Must-watch televion tomorrow morning -- assuming it's being aired / live -- will be Steve A and his panel. This loss is impossible to understand. Dak Prescott losing at home to a rookie quarterback?  

"The Dallas Cowboys just became the first team to lose to a 7-seed in NFL history and got embarrassed and blown out in their own house on national television." Fact check: "a couple of years ago the 49ers were the 7th seed and beat Dallas who were the 2nd seed. So ... not the first time in NFL history."

I wonder how much money was lost by those betting on the spread in this game? 

The North Dakota connection? Trey Lance is now trending over on twitter as the starting QB for Dallas next year.

Trey Aubrey Lance (born May 9, 2000) is an American football quarterback for the Dallas Cowboys of the National Football League.
He played college football at North Dakota State University, where he received the Walter Payton and Jerry Rice Awards as a freshman en route to winning the 2020 NCAA Division I Football Championship Game.
Lance was selected third overall by the San Francisco 49ers in the 2021 NFL Draft, but limited play and injuries led to him being traded after two seasons to the Cowboys.

*****************************
Watching History Being Made

Levi and Judah watching the game on their iPad.

The Triple Respiratory Epidemic Now Hitting America -- January 14, 2024

Locator: 46538COVID.

Updates

January 26, 2024: see comments at this post.

January 16, 2024: see first comment. I’ll respond to it tomorrow. I’m on the iPad now which is not conducive to blogging. In addition, I will be linking a NYT article on this exact subject — Covid and human waste — tomorrow. It’s in “today’s” issue of the NYT. And besides, I’m watching Marilyn Monroe in Gentlemen Prefer Blondes. But the reader has it correct: human waste is not being hospitalized, or if it is, it’s not being reported.

Original Post

Have folks been following the triple epidemic being reported by the mainstream media: RSV, "seasonal flu," and Covid? 

It's getting so bad that Governor Newsom (Cailfornia) is talking about bringing back masks and declaring another Covid emergency.

Let's look how bad the Covid data is, coming out of California:

And look how severe "seasonal flu" is right now in the US:






I can't make this stuff up.

The Bakken Never Ceases To Amaze Me -- Updating WPX Wells In Van Hook -- January 14, 2024

Locator: 46537B.

From a post back in 2011, more than a decade ago:

Dakota-3 is using slightly different nomenclature in naming their wells; these three will be on the same pad:

  • 22071, LOC-->conf-->drl (1/13) -- TATD-->15 (sic), WPX/Dakota-3, State of ND 10-3HY, Van Hook; t7/17; cum 212K 11/23;
  • 22072, 1,664, WPX/Dakota-3, State of ND 10-3HC, Van Hook, t5/13; cum 349K 3/17; cum 523K 11/23; 
  • 22073, 1,227, WPX/Dakota-3, State of ND 10-3HZ, Van Hook, t5/13; cum 290K 3/17; cum 444K 11/23;
Any history in that area? Yup:
  • 18735, 1,936, Dakota-3, State of ND 10-3H, Van Hook, Bakken, s12/10; t4/11; cum 502K 3/17; 126K bbls in less than seven months; 25 stages; 282K pounds of sand; cum 666K 11/23;

Now fast forward to January 14, 2024: let's look how they're doing.

  • First, #22072, look at the recent production data: 
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2023301700165922776436430
BAKKEN10-20231011911580849490
BAKKEN9-20230000000
BAKKEN8-20230000000
BAKKEN7-20230000000
BAKKEN6-20230000000
BAKKEN5-202331000000
BAKKEN4-20232510121080406129311630
BAKKEN3-20233112301342387151313540
BAKKEN2-20232811631283362148013350

  • 22071:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2023301772176817638898890
BAKKEN10-202320117911356702112110
BAKKEN9-20230000000
BAKKEN8-20230000000
BAKKEN7-20230000000
BAKKEN6-20230000000
BAKKEN5-202331000000
BAKKEN4-20232513611432534163615920
BAKKEN3-20233015651632773179117380
BAKKEN2-20232814601544850176617170
BAKKEN1-20233117731721894220721520

  • 22073, same production pattern:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-202329188718862054104410440
BAKKEN10-202321132612776994814810
BAKKEN9-20230000000
BAKKEN8-20230000000
BAKKEN7-20230000000
BAKKEN6-20230000000
BAKKEN5-202331000000
BAKKEN4-2023251051108837610268970
BAKKEN3-20233012121288501124010850
BAKKEN2-20232811911230535133411900

  • And same with 18735:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2023297547269379397914
BAKKEN10-20232342640214274633510
BAKKEN9-202312037700
BAKKEN8-20231120052520
BAKKEN7-20237239308773983620
BAKKEN6-20233010581052321168015301
BAKKEN5-202330128912813221891173011

Does the map tell us anythhinng? Interestingly, this well , in the immediate area, has juust been completed:

  •  39626, F/A, WPX Energy, State of ND 10-3HI, Van Hook, t10/23; cum 56K 11/23;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2023302701627022594021721217210
BAKKEN10-20233028529283921130417992179920

"A Well To Watch" -- Fourteen Years Later -- January 14, 2024

Locator: 46536B.

Wow, wow, wow, in the early years of the boom, I posted this well as "a well to watch," well before I knew much about the Bakken.

  • 18307, 3,236, Grayson Mill/Statoil/BEXP, State 36-1 1-H, s10/09; t1/10; cum 302K 11/14; cum 438K 3/23;

Look what just popped up today. It's a few months old but I just noted it, and it's possible I may have already posted it, but probably not.

Look at the recent production profile:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2023309835984319965485081648531997
BAKKEN10-2023227043703314923230431103111949
BAKKEN9-202330928593121984127994222005685
BAKKEN8-2023311059810567221672521024639462
BAKKEN7-20233112885129292781726468248811516
BAKKEN6-20233016347163213468729594245474981
BAKKEN5-20233116284162474583026605183538189
BAKKEN4-2023165714571027161883652953510
BAKKEN3-202324837085376624513280103892851
BAKKEN2-202328216922234812328933164794725061
BAKKEN1-2023386308528243402380
BAKKEN12-20220000000
BAKKEN11-20220000000
BAKKEN10-20220000000
BAKKEN9-20220000000
BAKKEN8-20221045687047844436678
BAKKEN7-20222915641710115314661127339
BAKKEN6-20222911971137119295286389
BAKKEN5-202293152352651441422

These two wells were drilled / fracked in late 2022 / early 2023. The horizontals run parallel on either side of the well above.

  • 37627, loc/A, Grayson Mill, State 36-112 6H, Stony Creek, t2/23; cum 199k 11/23;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-202330118661193219506604222053439856
BAKKEN10-202331160381595322220595632851330886
BAKKEN9-20232513384134501850331449249406387
BAKKEN8-2023311772017676235593656635738670
BAKKEN7-20233123351234412900544703420212561
BAKKEN6-20233031256312153808152564436008847
BAKKEN5-202331332523323947757510423521215710
BAKKEN4-202325201712008841384312681873812421
BAKKEN3-20232015601156803629219616153454211
BAKKEN2-20231516227160764030922245533016810
BAKKEN1-20230000000

and

  • 37626, loc/A, Grayson Mill, State 36-1 5H, Stony Creek, t2/223; cum 137K 11/23:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2023307408743515733457741555630194
BAKKEN10-2023307726771316385427812047922184
BAKKEN9-20233012263122452167444025349138941
BAKKEN8-20232276377648146422015519699369
BAKKEN7-20233116470165403026650387473642887
BAKKEN6-20233023313232924004656134465619448
BAKKEN5-202331263482629547562438993028313512
BAKKEN4-2023161017510156259931517290926027
BAKKEN3-20232112530125954065317951140423854
BAKKEN2-20232213184130605037918621446214071
BAKKEN1-20230000000

Talking Turkey -- Okay, Talking Cornish Hen -- Januuary 14, 2024

Locator: 46535RETAIL.

We have several grocery stores within biking distance (five minutes) or walking distance (one block away): Tom Thumb, Albertson's (owns Tom Thumb), Target, and Walmart. HEB will break ground on a new supermarket this summer to be sited between Target and Walmart. And then, of course, we have Amazon's same-day delivery. My wife's favorite store is Market Street, about seven minutes away by car, and my personal favorite is Kroger, 3 miles away on a bike path (20 minutes, next to a Lego store). 

Lately, there's been renovations and a change in name of some of the stores connected with the recent acquisition of Alberton's by Kroger (the merger is still yet to close). But our Albertson's store will become a Tom Thumb store and the existing Tom Thumb will be acquired by a-yet unnamed grocer, which will likely fail in that area, and Albertson's will end up acquiring it. (It's happened before.)

Kroger is, by far, the least expensive with the best produce, and a butcher on site, but Walmart has similarly low prices, produce almost as good, but no butcher, and way more SKUs.

I dread going into Tom Thumb: prices are outrageous. Albertson's used to have great prices but with all the changes, I no longer know.

Target: by far, my least favorite among the big three -- Walmart, Kroger, and Target. 

Anyway, at Tom Thumb two days ago I was amazed that the "usual two-Cornish-hen" package was selling for more than $12, when I had been used to paying $6.99 for years, with an occasional sale of "$1 off" for $5.99 for two birds.

So, the $12 was almost bizarre, certainly incredible. I do think it sold for around $9 with a loyalty card.

So, I was curious: two screenshots below, one from yesterday and one from today:


Prices:

  • Walmart, pick-up today: one for $3.72, two for $7.44.
  • Kroger, pick-up today, $4.50; two for $9.00
  • Kroger, two-hen package: $8.99 (yesterday, in our store, the same package, $9.99)
  • Walmart, two-hen package: $9.48
  • Tom Thumb, two-hen package: $10.47 (probably with a loyalty card)

Regardless: one of my favorite dinners; and preparation time (not including oven) -- five minutes and I get to truss them and season them with different spices. I was just surprised to see $6.99-Cornish hen going for almost $13 at Albertsons/Tom Thumb two days ago.

*******************************
Snacks

Link here.

From the linked article:

Last week, French grocery chain Carrefour said it would stop selling a range of PepsiCo products due to “unacceptable price increases.”
The snack giant pushed back, telling The Wall Street Journal it was the one that stopped supplying the supermarket.
The public showdown is a testament of Europe’s food inflation that remains high even as price gains in the U.S. have slowed down. But companies like PepsiCo are raising prices for one simple reason: Consumers aren’t cutting back their purchases that much, yet.

PepsiCo’s earnings numbers are telling: It’s making plenty of money in Europe despite complaints from consumers, politicians, and grocers about high prices.

In the latest fiscal quarter ended on Sept. 9, the price mix of Pepsico’s products was 13% higher than a year ago in the European market, but sales volume remained the same, according to company filings. That means a 13% growth in organic net sales with no offset.

Exactly what President Biden is telling Americans -- price gouging -- or sticky pricing -- charging what the customer will bear.

With well-managed costs, the food giant grew its profit even more. Excluding the impact from foreign exchange rates, Pepsico’s operating profit in Europe has increased 34% in the latest quarter from a year ago, and margins expanded 82 basis points, according to filings.

PepsiCo’s earnings numbers are telling: It’s making plenty of money in Europe despite complaints from consumers, politicians, and grocers about high prices.

In the latest fiscal quarter ended on Sept. 9, the price mix of Pepsico’s products was 13% higher than a year ago in the European market, but sales volume remained the same, according to company filings. That means a 13% growth in organic net sales with no offset.

With well-managed costs, the food giant grew its profit even more. Excluding the impact from foreign exchange rates, Pepsico’s operating profit in Europe has increased 34% in the latest quarter from a year ago, and margins expanded 82 basis points, according to filings.

More from that article:

It’s yet to be seen whether Carrefour’s boycott could help it cut a better deal with PepsiCo.
Affected Carrefour stores represent only 0.25% of PepsiCo’s global revenue, according to the WSJ report, so the move will likely have little impact on the food giant.

Pepsi Co practically "owns" the snack aisle in most American grocery stores.

For me:

  • Lay's potato chips: $4.29
  • Market Pantry (store brand): $2.19

An Old Whiting Kinnoin Well In The Sanish Just Went Over 800K Bbls Crude Oil Cumulative -- January 14, 2024

Locator: 46534B.

The well:

  • 17081, 3,311, Whiting, Kinnoin 11-14H, Sanish, t10/08, cum 819K 11/23, recent production, holding up remarkably well:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20233012871222240270826480
BAKKEN10-202331988981130235422875
BAKKEN9-20233010771084742340220080
BAKKEN8-2023311097108213123822044276
BAKKEN7-20233110931115247292328538
BAKKEN6-20233099998017921001814226
BAKKEN5-2023311109110322829372495380
BAKKEN4-20233087287673015821415107
BAKKEN3-2023311113113926019531680211
BAKKEN2-202328110010732481599152122
BAKKEN1-202331124812334421831175120
BAKKEN12-2022311306133437218301628140
BAKKEN11-202230156615533482441236120
BAKKEN10-202231208220704742609246582
BAKKEN9-2022301618161974520201824136