Elon Musk To Co-Lead A New Government Agency: The Department Of Government Efficiency -- DOGE -- November 12, 2024

Locator: 48750TRUMP.

Trump 2.0 is tracked here.

Elon Musk and Vivek Ramaswamy to lead a new government agency focused on regulating federal spending. Announced November 12, 2024.

• and then this, DOGE: Department of Government Efficiency
• an acronym that is an apparent wink to the dog-themed cryptocurrency by the same name that started as a joke and skyrocketed after Musk promoted it.

Of course. You didn't think I would let this one pass, did you? LOL. Link here.

White House Counsel, William McGinley. Announced November 12, 2024.

Former intel director John Ratcliffe to head the CIA. Announced November 12, 2024.

Real estate tycoon Steven Witkoff, Middle East envoy. Announced November 12, 2024.

Pete Hegseth: Secretary of Defense. Reported by TNYT November 12, 2024.

Kristi Noem, Homeland Security Secretary. Reported by TNYT November 12, 2024.

• reminder: Tom Homan is "border czar."

Nominee for Geico Rock Award 2024, Tom Nichols: Trump's picks are "loyalists."

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A Musical Interlude

Mass deportations.

It's just a matter of time.

Brook Benton.

Seven New Permits; One Permit Renewed; A BR Well With A Surprisingly High IP -- November 12, 2024

Locator: 48749B. 

Elon Musk and Vivek Ramaswamy to lead a new government agency focused on regulating federal spending. Announced November 12, 2024.

• and then this, DOGE: Department of Government Efficiency
• an acronym that is an apparent wink to the dog-themed cryptocurrency by the same name that started as a joke and skyrocketed after Musk promoted it.

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Back to the Bakken

WTI:

Active rigs:

Seven new permits, #41329 - #41335, inclusive:

• Operators: Hess (4); Oasis (3);
• Fields: Ellsworth (McKenzie); Painted Woods (Williams)
• Comments:
• Hess has permits for one BW-Hagen well and three BW-Stoveland wells, all NWNE 15-149-100; 
• to be sited 2171 FEL, and, between 786 FNL and 654 FNL;
• Oasis has permits for three Owan wells, SWSE 26-154-102, 
• to be sited 2272-2274 FEL with one 612 FSL; one 579 FSL; and, the third one 546 FSL

One permit renewed:

• 40248, Grayson Mill, A Tufto, Cow Creek, Williams County;

Two permits canceled:

• BR: two Sandie permits (#36405, #36406), McKenzie County;

One permit modification:

• 36614, BR, Sandie 2B-UTFH, McKenzie County.

Four producing wells (DUCs) reported as completed:

• 39382, 0, BR, Devils Backbone 3B MBH,
• 39384, 240, BR, Devils Backbone 1B UTFH,
• 39385, 8,475, BR, Watchman Peak 4-8-11TFH,
• 40326, 405, Petro-Hunt, State 144-98-16B-21-1H, Billings County; 

Well of interest:

• 39385, 8,475, BR, Watchman Peak 4-8-11TFH,2560-acre spacing; sections 2 / 11 / 14 / 23-152-97. The map: looks like a standard 2-mile long Bakken horizontal on an 8-well pad, near another 8-well pad sited in the east:
  

Media -- Post-Election -- November 12, 2024

Locator: 48748MEDIA. 

Link here.

MSNBC saw its audience crater on Thursday and Friday, just days after the left-of-center network beat CNN in election night ratings for the first time ever.

Thursday’s total average daily viewers on Fox News came in at 2.6 million and 375,000 in the coveted 25-54 age demographic, according to Nielsen data. Meanwhile, MSNBC brought in only 596,000 total viewers and 71,000 in the demo. CNN brought in 419,000 total viewers on Thursday and 91,000 viewers in the demo.

These numbers mean nothing if Joy Reid is not let go. 

Morning Joe had a very, very right-leaning discussion between the dual hosts. I was quite surprise. Joe Scarborough tried to walk back his comments from the past several years. It was incredibly obvious they were concerned about their credibility. 

The credibility of these legacy networks was completely lost when their analysts could not even call various elections when it was obvious what was going on election night. Even so, The New York Times is still not calling several US House races even though the concession speeches have been made in three or four races. I don't think TNYT has updated the ballot count / results in the past couple of days.

See my update from late last night (or early this morning) which I've posted on twitter.

WTI Is Again Well Below $70 --- November 12, 2024

Locator: 48747B.  

US oil production: do we need "drill, baby, drill"? Link here.

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Back to the Bakken

WTI: $68.50.

Wednesday, November 13, 2024: 16 for the month; 76 for the quarter, 590 for the year
None.

Tuesday, November 12, 2024: 16 for the month; 76 for the quarter, 590 for the year

• 40557, conf, CLR, Christopherson 5-14H,

Monday, November 11, 2024: 15 for the month; 75 for the quarter, 589 for the year

• 40637, conf, CLR, Vandeberg 5-35H,

Sunday, November 10, 2024: 14 for the month; 74 for the quarter, 588 for the year

• 42323, conf, Grayson Mill Operating, Hovland 26-35 XE 1H,
• 40316, conf, Grayson Mill Operating, Hovland 26-35 9H,
• 40315, conf, Grayson Mill Operating, Hovland 26-35 8H,
• 40292, conf, Grayson Mill Operating, Hovland 26-35 7H,

Saturday, November 9, 2024: 10 for the month; 70 for the quarter, 584 for the year

• 40638, conf, CLR, Christopherson 6-14H, 

RBN Energy: when considering assets at risk to hurricanes, don't overlook offshore wind.

The Atlantic hurricane season often evokes worries about the oil and refined products industry, even far up the East Coast, thanks to the widespread impact of Superstorm Sandy a dozen years ago. But electricity production would also be at risk should a major storm once again make its way up the Eastern Seaboard thanks to the large-scale wind farms under development there, which are seen as important parts of plans to boost power generation and decarbonize the grid. In today’s RBN blog, we’ll examine the threats, how they might impact Atlantic Coast wind power, and how offshore turbines are designed to withstand severe storms.  offshore wind.