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Sunday, September 29, 2024

Veren, Inc -- First Note On The Blog -- September 29, 2024

Locator: 48437B.

Folks may have noticed a new name in the box below as part of an earlier blog today:

If one goes to the Crescent Point webpage one will find that Crescent Point trades under two tickers: CPG and VRN.

From deals in the Bakken -- 2023:

Meanwhile, Crescent Point will now rebrand to Veren, according to Hart Energy:

A "well search" over at the NDIC webpage does not yet list Veren. 

There is a note out there that although Veren is only drilling in Canada at the moment, there are indications that Veren may return to the Three Forks "south of the border" -- i.e., North Dakota. 

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Personal Finance -- Not Ready For Prime Time -- September 29, 2024

Locator: 48436PERSINV.

This is a personal note as part of a conversation with one of my extended family members. Four extended family members -- including the individual to whom this note was addressed and myself -- are undertaking a formal personal finance course.

Remember: I'm 73 years old and have been investing for decades.

To an extended family member, not ready for prime time, under the break.

********************************
Personal Finance

Dear _____

I've mentioned that "personal finance course" that four of us are taking.

You have no idea how helpful the "personal finance course" has been for me. Seriously.

Two big things:

1. It gave me an opportunity to take another look at how I approach investing and am now passing this information to [other extended family members]. From my blog as a direct result of the "personal finance course":

https://themilliondollarway.blogspot.com/2024/09/it-really-can-make-difference-comparing.html

2. The one thing I was missing was "Mint."  I was completely unaware of "Mint" but now I know that "Mint" is/was part of the large family of "account aggregators."

I found googling Rocket Money vs Mint vs Schwab quite helpful.

One of the hits was a "Reddit" hit -- I can't think of a much less credible site than Reddit (LOL) but it does provide a starting point for folks like me who don't understand a particular subject, in this case, "account aggregators" or "Mint" or Rocket Money.

As you know, I am very partial to Schwab and Schwab offers this service. From Reddit:


One comment that jumped out, of course, posted nine months ago:
I use Schwab for aggregation and have 30+ accounts linked. It works fine if you just want to see balances, your net worth, and positions for investment accounts. You can use the Portfolio Checkup Tool to run portfolio reports on your Schwab plus non-Schwab investment accounts. Also, the linked accounts flow through to your financial plan at Schwab, which is primarily what I use the aggregator for.

I was a devout Mint user for 10+ years, and I'm currently looking for a replacement for that. Schwab is nice if all you need is aggregation of balances and for running holistic portfolio reports and financial planning. But Mint was good at the micro-budgeting level--like aggregating transactions, too, and I used Mint's budgets and goals tools, so that's what I'm looking for. No brokerage firm is going to have the level of detail Mint had, since that's a full-time business keeping up with all the software issues for customers (and it doesn't make Schwab or any brokerage firm any money), so I imagine this needs to be a standalone budgeting site that's meant for this like Mint was.

Empower was also mentioned but I won't add yet another financial website if Schwab offers the same service.
 
*************************
Again, Not Ready For Prime Time
Audience: Extended Family Members

**********************************
Disclaimer
Brief Reminder 

  • NOTE: content and typographical errors may increase due to a number of factors. I correct them when I find them. But if something seems wrong or doesn't make sense, it's likely to be a typographical error as anything else. (Updated: September 28, 2024).
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • 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. 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. 
  • Reminder: I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.  
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Devon - Grayson Mill -- September 29, 2024

Locator: 48435B.

Devon closed on its Grayson Mill deal on Friday, September 27, 2024.  

The announcement last July, 2024.

From the blog: last July, 2024.

How the complexion of the Bakken changes with the Devon - Grayson Mill deal. Link here.

The agreement with Grayson Mill adds 307,000 net acres and 100 Mboe/d of production (55% oil) to Devon in North Dakota and Montana. The package includes 500 gross locations and 300 refrac candidates, plus ownership in 950 miles of gathering lines for gas, water and crude.

The deal by DVN is the latest in a consolidation wave that will winnow the Bakken oil patch down to only eight main operators by the end of 2024. These eight producers will account for 80% of the basin’s 1.3 MMb/d of crude oil production.

A year ago, 11 companies produced at least 50 Mb/d of oil in the Bakken, of which only seven were public. By YE24, these 11 companies will consolidate into eight; one merger has closed and three are pending. Currently, there are only six public companies out of 130 producers in the play.

Nothing new here, just clearing off the desktop. 

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Production Data For Wells Coming Off Confidential List This Next Week -- September 29, 2024

Locator: 48434B.

The wells:

  • 29659, conf, Grayson Mill, Moberg Federal 149-95-29-32-1H, Bear Den,
DateOil RunsMCF Sold
7-20242477540939
6-20242745843545
5-20241834914019
  • 37821, conf, Enerplus, Canidae 149-93-10B-15H, Mandaree,
DateOil RunsMCF Sold
7-20242716
6-202454693655
5-20243476429481
4-20242604323106
  • 40308, conf, Phoenix Operating, Young 5-6-1-0H-LL Brug,
DateOil RunsMCF Sold
7-2024181924418
6-20241990417225
5-20241398211577
4-2024107597108
  • 38206, conf, Petroshale, Bear Chase North 2TFH, Spotted Horn, npd,
  • 29658, conf, Grayson Mill, Moberg Federal 149-95-29-32-13HLW, Bear Den,
DateOil RunsMCF Sold
7-2024811718181
6-20241042125283
5-202453245724
  • 40276, conf, Phoenix Operating, Young 5-6-1 4H, Burg,
DateOil RunsMCF Sold
7-2024168102100
6-20241687610440
5-2024136888934
4-2024117796015
  • 40275, conf, Phoenix Operating, Young 5-6-1 3H, Burg,
DateOil RunsMCF Sold
7-2024180732095
6-20241780311265
5-2024157379958
4-2024132576703
  • 40274, conf, Phoenix Operating,Young 5-6-1 2H, Burg,
DateOil RunsMCF Sold
7-2024154791858
6-20241681810350
5-2024140068974
4-2024124586361
  • 40206, conf, Phoenix Operating, Young 5-6-1 1H, Burg,
DateOil RunsMCF Sold
7-2024183512344
6-20241957011843
5-2024144199740
4-2024135967314
  • 37822, conf, Enerplus, Fennec 149-93-10B-15H, Mandaree,
DateOil RunsMCF Sold
7-2024132047947
6-20242293115186
5-20243074925063
4-202439303559
  • 17924, conf, Grayson Mill, Moberg 1-29H, Bear Den,
DateOil RunsMCF Sold
7-20241116223827
6-20241676222102
5-2024112804208
  • 40578, conf, Oasis, Iceman Federal 5601 34-04 5B, Tyrone, npd,
  • 40322, conf, Oasis, Iceman Federal 5601 34-04 4B, Tyrone, npd,
  • 38261, conf, Hess, BB-Olson-150-95-0817-5, Blue Buttes,
DateOil RunsMCF Sold
7-20241914537672
6-20242260650630
5-20241995836178
4-20243099650708
  • 40622, conf, Oasis, Iceman Federal 5601 34-05 2B, Tyrone, npd,
  • 40579, conf, Oasis, Iceman Federal 5601 34-05 3B, Tyrone, npd,
  • 37823, conf, Enerplus, Sly 149-93-10B-15H, Mandaree,
DateOil RunsMCF Sold
7-2024162849055
6-2024400
5-20242167616927
4-20242560222238
  • 40330, conf, Hess, EN-Lonetree Farm-LW-156-94-0805H-1, Big Butte,
DateOil RunsMCF Sold
7-20241518423600
6-20241750524229
5-20242048727865
4-20242771133776
  • 38260, conf, Hess, BB-Olson-150-95-0817H-6, Blue Buttes,
DateOil RunsMCF Sold
7-20241940632073
6-20242032638109
5-20241727530851
4-20242442635938
  • 37824, conf, Enerplus, Vulpes 149-93-10A-15H, Mandaree,
DateOil RunsMCF Sold
7-20242271613706
6-202459697407
4-2024930911196
  • 37819, conf, Enerplus, Troop 149-93-10B-15H-LL, Mandaree,
DateOil RunsMCF Sold
7-20242279617218
6-20242707631978
5-20241095717086
4-20241068110289
  • 40238, conf, Hess, BL-Kerbaugh-LW-156-96-3427H-1, Beaver Lodge,
DateOil RunsMCF Sold
7-20241956458240
6-20241967442865
5-20242747847123
4-20244354380172
  • 37825, conf, Enerplus, Kit 149-93-10A-15H, Mandaree,
DateOil RunsMCF Sold
7-20241952212112
6-20241966212816
5-20241442711487
4-202487298740
3-20240250
  • 40239, conf, Hess, BL-Kerbaugh-156-96-3427H-8, Beaver Lodge, oldest oil field in North Dakota,
DateOil RunsMCF Sold
7-20241310736410
6-20242232750147
5-20242433942830
4-20244049873871
3-20248951123
  • 37826, conf, Enerplus, Renard 149-93-10A-15H, Mandaree,
DateOil RunsMCF Sold
7-20241677416445
6-20242395520959
5-20241300312575
4-20242190219155
3-20240422
  • 40281, conf, Hess, EN-Lonetree Farm-156-94-0805H-8, Big Butte,
DateOil RunsMCF Sold
7-20241345620021
6-20241301718128
5-20241204012718
4-20241190814037
3-202415653091

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Wells Coming Off Confidential List This Next Week -- September 29, 2024

Locator: 48433B.

Wednesday, October 9, 2024: 21 for the month; 21 for the quarter, 535 for the year
None.

Tuesday, October 8, 2024: 21 for the month; 21 for the quarter, 535 for the year
None.

Monday, October 7, 2024: 21 for the month; 21 for the quarter, 535 for the year
29659, conf, Grayson Mill, Moberg Federal 149-95-29-32-1H,
37821, conf, Enerplus, Canidae 149-93-10B-15H,

Sunday, October 6, 2024: 19 for the month; 19 for the quarter, 533 for the year
40308, conf, Phoenix Operating, Young 5-6-1-0H-LL
38206, conf, Petroshale, Bear Chase North 2TFH,
29658, conf, Grayson Mill, Moberg Federal 149-95-29-32-13HLW,

Saturday, October 5, 2024: 16 for the month; 16 for the quarter, 530 for the year
40276, conf, Phoenix Operating, Young 5-6-1 4H ,
40275, conf, Phoenix Operating, Young 5-6-1 3H,
40274, conf, Phoenix Operating,Young 5-6-1 2H,
40206, conf, Phoenix Operating, Young 5-6-1 1H,
37822, conf, Enerplus, Fennec 149-93-10B-15H,
17924, conf, Grayson Mill, Moberg 1-29H,

Friday, October 4, 2024: 10 for the month; 10 for the quarter, 524 for the year
40578, conf, Oasis, Iceman Federal 5601 34-04 5B,
40322, conf, Oasis, Iceman Federal 5601 34-04 4B,
38261, conf, Hess, BB-Olson-150-95-0817-5,

Thursday, October 3, 2024: 7 for the month; 7 for the quarter, 521 for the year
40622, conf, Oasis, Iceman Federal 5601 34-05 2B,
40579, conf, Oasis, Iceman Federal 5601 34-05 3B,
37823, conf, Enerplus, Sly 149-93-10B-15H,

Wednesday, October 2, 2024: 4 for the month; 4 for the quarter, 518 for the year
None.

Tuesday, October1, 2024: 4 for the month; 4 for the quarter, 518 for the year
40330, conf, Hess, EN-Lonetree Farm-LW-156-94-0805H-1,
38260, conf, Hess, BB-Olson-150-95-0817H-6,
37824, conf, Enerplus, Vulpes 149-93-10A-15H,
37819, conf, Enerplus, Troop 149-93-10B-15H-LL, 

Monday, September 30, 2024: 62 for the month; 190 for the quarter, 514 for the year
40238, conf, Hess, BL-Kerbaugh-LW-156-96-3427H-1,
37825, conf, Enerplus, Kit 149-93-10A-15H,

Sunday, September 29, 2024: 60 for the month; 188 for the quarter, 512 for the year
40239, conf, Hess, BL-Kerbaugh-156-96-3427H-8,
37826, conf, Enerplus, Renard 149-93-10A-15H,

Saturday, September 28,  2024: 58 for the month; 186 for the quarter, 510 for the year
40281, conf, Hess, EN-Lonetree Farm-156-94-0805H-8,
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For The Archives -- Sunday, September 29, 2024

Locator: 48432ARCHIVES.

Tag: Paradise.

CNBC: not mincing words. Now calling it a rescue mission and calling them stranded astronauts. Link here. And it will be Elon Musk and SpaceX launching the rescue mission. Time frame has not changed.

Lucid Air: fun article to read. WSJ: "2025 Lucid Air Sapphire: Eat My Dust, Tesla." LOL.Check out the price. LCID: up 25% last six months. For the year (full year): down 36%.

Israel: continues to take out Hezbollar leaders including #1, and then #2 - #8. At least. Or thereabouts. Netanyahu says he's not done. Stories and links everywhere. Here's one.

Yemen: Israel Air Force conducted an air strike on the port of Houdeida in Yemen. Source.

Apple iPad: would love to see this -- an-Pad-like smart home display. Link here.

Lighthouse parent: new term in child rearing. Seems to be common sense. Link to The Atlantic.

Montana: link here.

Music: the only reason I linked this article -- "Denis," by Blondie.

Bidenomics: link here.

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