Sunday, December 1, 2024

Economic Times -- The Decision Marks A Reversal For Biden -- This Could Be Biden's Legacy -- First President To Pardon His Son -- Gun Charges, Tax Evasion -- Shocking Reversal -- December 1, 2024

Locator: 44480PARDON.

Updates

From The Atlantic, link here.

The lede:

President Joe Biden’s pardon of his son Hunter is a done deal. The president has not only obviated the existing cases against Hunter; the sweep of the pardon effectively immunizes his son against prosecution for all federal crimes he may have committed over the course of more than a decade. This pardon is a terrible idea—“both dishonorable and unwise,” in the words of the Bulwark editor Jonathan Last—and, as my colleague Jonathan Chait wrote yesterday, it reflected Biden’s choice “to prioritize his own feelings over the defense of his country.
”But it was also a tremendous strategic blunder, one that will haunt Democrats as they head into the first years of another Trump administration.
The Constitution vests American presidents with the power to pardon anyone for crimes against the United States. (They cannot pardon people for offenses at the state level.) Usually, such pardons involve clemency for ordinary criminals; occasionally, they include distasteful personal or political favors to friends, allies, and in rarer cases, family. Donald Trump, however, has promised to start the process of issuing deeply controversial pardons the minute he gets into office.
Perhaps most disturbing, he has said he’s going to start reviewing cases of the January 6 insurrectionists—whom he has called “warriors” and “hostages”—and to let many of them out of prison. Nothing will stop Trump from doing such things, nor will he pay any political price for such future pardons: All he ever cared about was winning the White House to stay out of jail, and he’s accomplished that mission.
But the Republican Party is now a wholly owned subsidiary of Trump World, and had Biden not pardoned his son, elected Republicans at every level would have had to answer for Trump’s actions without reference to the Bidens. They would have had to say, on the record, whether they agreed with Trump letting people who stormed the Capitol and assaulted law-enforcement officers out of jail. Although Trump would have remained beyond the reach of the voters, the vulnerable Republicans running for reelection might have pleaded with him to avoid some of the more potentially disgusting pardons.

Original Post

So, this is how it ends?

Link here.


Headlines:


I'm waiting for the following to weigh in, we'll hear tomorrow:
  • Bill Maher, 
  • Joe Rogan, 
  • Joe Scarborough

Syria -- Update -- December 1, 2024

Locator: 44479SYRIA.


 

ISO-NE -- Prices Starting To Surge -- Relying On Coal On The Margin -- Wind Meeting Less Than 2% Of Demand -- Net Imports Climbing -- December 1, 2024

Locator: 44478ISONE.

Updates

5:00 a.m. EST, December 2, 2024: $208. System demand: 13,032 MW. Wind, 1.4%. Coal, 2%

4:30 a.m. EST, December 2, 2024: $199. System demand: 13,353 MW. Wind, 1.8%. Coal, 2%.

Original Post

Link here. At 12:37 CST December 1, 2024, wind providing 1.6% of demand; coal, 2%.


****************************
Meanwhile, ERCOT

Recent MRO Activity In Killdeer -- The MRO Taylor Pad -- The C-F-G-M-R-S-T Wells -- December 1, 2024

Locator: 44475B.

It's possible I've featured these wells recently. I often forget what I've posted.

Tonight, however, I came across these wells while checking in on the Stroh wells.

The wells:

  • 40065, drl/A, MRO, Coombs 11-2H, Killdeer, t3/24; cum 99K 9/24:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2024309825978017972875586940
BAKKEN8-20242452505273141984042396843
BAKKEN7-20242210117101461406498289128635
BAKKEN6-2024301735217344242601720916424682
BAKKEN5-2024311952319523340581559215373131
BAKKEN4-2024301927819270383601496814622262
BAKKEN3-20243117345172655365514066122651717
BAKKEN2-2024500152000
  • 40066, drl/A, MRO, Taylor 21-2H, Killdeer, t3/24; cum 215K 9/24:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20243020449204191749523984238130
BAKKEN8-2024291874118747176171766817341190
BAKKEN7-20243024651246422238621502199811380
BAKKEN6-2024302767627672285722175720781848
BAKKEN5-2024313296832971382252492124573208
BAKKEN4-2024303340233395416692437223811425
BAKKEN3-20242531728319204248021827190582640
BAKKEN2-2024132543425097387111803417363553
  • 40067, drl/A, MRO, Malloy 41-2H, Killdeer, t3/24; cum 153K 9/24:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20242411506115191637511504114230
BAKKEN8-2024271420414206213311323912995142
BAKKEN7-20243018168181682647817205159821110
BAKKEN6-2024302171721710354381806117248707
BAKKEN5-2024312509125084452121896618700159
BAKKEN4-2024302320923196508151662316241289
BAKKEN3-20242920230203905491514776128951793
BAKKEN2-2024141910518852429351292812448395
  • 40068, drl/A, MRO, Frye 41-2TFH, Killdeer, t3/24; cum 172K 9/24:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2024309981998213034955994920
BAKKEN8-20242711029110291413196989519104
BAKKEN7-2024301395113983167091269411794817
BAKKEN6-2024302247022481270311829517472715
BAKKEN5-2024312976529771360642147521176179
BAKKEN4-2024303084430869400552114420660367
BAKKEN3-20243036159362274811124814216663001
BAKKEN2-202491763517401289661268612213390
  • 40069, drl/A, MRO, Graves 11-1H, Killdeer, t3/24 cum 162K 9/24:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20243013138131591725615355152460
BAKKEN8-2024311691716897219971751717192189
BAKKEN7-20243018434184362397415756146431010
BAKKEN6-2024302216522165321411668015935648
BAKKEN5-2024312718527159414741888518623157
BAKKEN4-2024262127921339362141401113691242
BAKKEN3-20243034171341237504523264203142812
BAKKEN2-20244823081211788150574871153
  • 40070, drl/A, MRO, Simpson 11-1TFH, Killdeer, t3/24; cum 154K 9/24;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20243011320113561269013930138310
BAKKEN8-2024311671816699191731708516768185
BAKKEN7-20243018250182501998817053158421099
BAKKEN6-2024302161421619248571615415433627
BAKKEN5-2024312761327632372362026219979169
BAKKEN4-2024303146831446400352039119926352
BAKKEN3-20242226531264095726417015148662049
  • 40071, drl/A, MRO, Roscoe 21-1H, Killdeer, t3/24; cum 118K 9/24:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20243015249152352743916769166500
BAKKEN8-2024311502015012329601450214234156
BAKKEN7-20243117798177923691915952148221025
BAKKEN6-2024302003620019445091630115568637
BAKKEN5-2024312078120759575811496014752124
BAKKEN4-2024291577015758558251179611524206
BAKKEN3-2024201315813098785131088794921330

The map:



Devon - Grayson Mill Getting Ready To Frack -- December 1, 2024

Locator: 44474B.

Or perhaps recently fracked?

The wells:

  • 35573, 1,285/F, Grayson Mill, Goliath 150-98-5-8-5H, Siverston, t5/19; cum 290K 6/24; off line as of 7/24:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20240000000
BAKKEN8-202400110000
BAKKEN7-202431082882491112109616
BAKKEN6-202430127412362630968496840
BAKKEN5-202431121011482763945194510
BAKKEN4-2024307117872020777277720
BAKKEN3-2024317697561941857385730
BAKKEN2-202429972995230910187101710
BAKKEN1-202425909914210710349102500
BAKKEN12-20233112851289278312343122190
BAKKEN11-20233010391087249611376112710
  • 30398, AB/1,891, Grayson Mill, Gariety 150-98-6-7-4H, Siverston, t6/15; cum 290K 7/18;
  • 35389, 1,427/F, Grayson Mill, Goliath 150-98-5-8-6H, Siverston, t5/19; cum 304K 9/24;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20242790230262000
BAKKEN8-20242686669131901380212968834
BAKKEN7-2024311144116940401499314788205
BAKKEN6-20243010451063304612672126720
BAKKEN5-20243112821233331514943149430
BAKKEN4-20243011611293286914501145010
BAKKEN3-20243113721260300514051140510
BAKKEN2-2024299681021281812577125610
BAKKEN1-20242911061075327415003148880
BAKKEN12-20233112301271352214843147190

The maps:






Joe Biden Opens The Door For Trump Pardons -- December 1, 2024

Locator: 44473TRUMP.

The New York Times:


The WSJ:

Biden gives cover to Trump for future pardons

Biden:

  • "I absolutely won't drop out of the race for president."
  • "I absolutely won't pardon my son."

*************************
Biggest Political Story Not Being Reported

November 5, 2024: the election.

November 6, 2024: election results, generally uncontested, known in "record" time -- Trump elected president. Biggest upset since Truman.

November 11, 2024: Trump starts announcing members of his administration.

December 1, 2024: most of the Trump top appointees have been announced. 

December 1, 2024: Musk.

December 1, 2024: not even one full month. President Biden's swan song (pardons his son). Kamala Harris drops out of sight.

Activity In The Mandaree -- Enerplus -- The Show Horse Pads

Locator: 44472B.

The wells:

  • 41274, drl/conf, Enerplus, Oryx 149-93-29B-32H-LL, Mandaree, t--; cum --;
  • 41196, drl/conf, Enerplus, Appaloosa 149-93-29B-32H, Mandaree, t--; cum --;
  • 41197, drl/conf, Enerplus, Lippizzan 149-93-29B-32H, Mandaree, t--; cum --;
  • 41060, drl/conf, Enerplus, Percheron 149-93-29A-32H, Mandaree, t--; cum --;
  • 22663, conf, Enerplus, Morgan 149-93-29B-32H, Mandaree, t--; cum --;
  • 41198, drl/conf, Enerplus, Shire 149-93-29A-32H, Mandaree, t--; cum --;
  • 22664, 831, Enerplus, Arabian 149-93-29B-32H, Mandaree, t3/13; cum 357K 9/24;

The maps:




Rig On Site -- CLR -- Hayes -- Crazy Man Creek -- December 1, 2024

Locator: 44471B.

The wells:

  • 31425, 1,181, CLR, Hayes 6-6H1, Crazy Man Creek, t9/18; cum 276K 9/24;
  • 31426, 2,325, CLR, Hayes 7-6H, Crazy Man Creek, t12/17; cum 324K 9/24;
  • 41139, conf, CLR, Stangeland 7-7H, Crazy Man Creek, t--; cum --;
  • 41140, conf, CLR, Stangeland 10-7H, Crazy Man Creek, t--; cum --;
  • 41141, conf, CLR, Hayes 11-7HSL, Crazy Man Creek, t--; cum --;
  • 41142, conf, CLR, Hayes 9-6HSL, Crazy Man Creek, t--; cum --;

Well of interest:

  • 20193, 574, CLR, Hayes 1-6H, Crazy Man Creek, t6/11; cum 462K 9/24; jump in production back in late 2017:
BAKKEN6-201824515354346565576354580
BAKKEN5-2018319173895911580907790770
BAKKEN4-2018301159411961146321252912179350
BAKKEN3-201829145251462418857140531395994
BAKKEN2-2018226228591410403769125285163
BAKKEN1-201831423744028269628906289
BAKKEN12-20173176757597151081116582410341
BAKKEN11-2017271159111281236151357986204959
BAKKEN10-20170000000
BAKKEN9-20170000000
BAKKEN8-20170000000
BAKKEN7-20170000000
BAKKEN6-20171565981761674570639
BAKKEN5-2017311556175111281693160093
BAKKEN4-20173016561686127018121710102
BAKKEN3-20173117451584130318341554280

The maps -- rig on site:

Massad Boulos -- Trump 2.0 -- December 1, 2024

Locator: 44470TRUMP.

Link here (before).

Today: 

Is Inflation The Result Of Excessive Deficit Spending? December 1, 2024

Locator: 44469INFLATION.

This article was sent to me by a reader about a week ago.

Most interesting: experts are still arguing about this. Speaks volumes.

I keep coming back to the price of eggs. LOL. And used cars. And single-unit houses. And rent. And the price of EVs.

Link here.

Paul Winfree, founder and CEO, wiki.

Sunday, December 1, 2024

Locator: 44468ARCHIVES.

North Texas: another incredibly beautiful day. Overnight lows this week in the mid-upper 30's. Bright, all sun, no clouds, no wind. 

***************************
Sunday Morning Coming Down

Wells Coming Off Confidential List This Next Week -- December 1, 2024

Locator: 44467WELLS.

The wells:

  • 39498, conf, Enerplus, Brown Bear 158-99-36-25-4H, Ellisville,
DateOil RunsMCF Sold
9-202497499892
8-20241619318118
7-20242196117048
6-202436703864
  • 37876, conf, BR, Manchester 1A, Little Knife, npd,
  • 40037, conf, Hess, BL-SVOR-LS-156-95-0403H-1, Beaver Lodge,
DateOil RunsMCF Sold
9-20241553124440
8-20241292119516
7-20242309334705
6-20242028923611
  • 23276, conf, Grayson Mill, Darlene Federal 152-97-13-24-10H, Westberg,
DateOil RunsMCF Sold
9-2024306111413
8-2024592212834
7-202425851248
  • 37877, conf, BR, Concord 1C, Little Knife, npd,
  • 40036, conf, Hess, BL-Svor-156-95-0403H-8, Beaver Lodge,
DateOil RunsMCF Sold
9-20241476323338
8-20241552123247
7-20241793226601
6-20241969925451
  • 39856, conf, Hess, EN-Lokken-LE-157-94-0805H-1, Tioga,
DateOil RunsMCF Sold
9-20241589120773
8-20241550417396
7-20241260512942
6-20242077622274
  • 35513, conf, Enerplus, FB Clinton 148-94-29B-32-11T, Eagle Nest,
DateOil RunsMCF Sold
9-20242710020336
8-20249555972
7-20241336016312
6-20242697126780
  • 40688, conf, Slawson, Fish Finder 4-21-9H, Big Bend, npd,
  • 40108, conf, Enerplus, Devils Canyon 147-97-17-20-9H-ELL,
  • 40759, conf, Slawson Explortaion, Fish Finder 5-21-9H,
  • 39747, conf, Hess, RS-F Nelson-156-92-2413H-2, Ross,
DateOil RunsMCF Sold
9-2024160519405
8-2024173329300
7-2024186488510
6-20241923910252
  • 39590, conf, Grayson Mill, Niles 19-22F 4H, Briar Creek,
DateOil RunsMCF Sold
9-20242774517994
8-20242151014038
7-20244248820808
6-2024147990
  • 39589, conf, Grayson Mill, Niles 19-22F 3H, Briar Creek,
DateOil RunsMCF Sold
9-20243029821266
8-20242017113872
7-20243064714173
6-2024244700
  • 39588, conf, Grayson Mill, Niles 19-22F 2H, Briar Creek,
DateOil RunsMCF Sold
9-20242925920082
8-20242190515097
7-20242882614027
6-2024313560
  • 33973, conf, Enerplus, Titanium 147-93-16A-21H, Moccasin Creek,
DateOil RunsMCF Sold
9-2024128801492
8-2024204742401
7-20241339908
6-20240692
  • 39750, conf, Hess, RS-F Nelson-156-91-2413H-5, Ross,
DateOil RunsMCF Sold
9-2024144328480
8-2024135717878
7-202470887540
6-2024114435963
  • 40106, conf, Enerplus, Devils Canyon 147-97--17-20-7H, Lone Butte,
DateOil RunsMCF Sold
9-20241924536413
8-20242391942793
7-20242029036479
6-20243046641278
  • 39749, conf, Hess, RS-F Nelson-156-91-2413H-4, Ross,
DateOil RunsMCF Sold
9-20241008710336
8-2024133629453
7-2024227659171
6-2024151467339
  • 40670, conf, CLR Carpenter 2-13H East Fork, npd,
  • 40665, conf, CLR, Sandhill 7-24HSL East Fork, npd,
  • 40661, conf, CLR, Sandhill 2-24H, East Fork, npd,
  • 40107, conf, Enerplus, Devils Canyon 147-97-17-20-8H, Lone Butte,
DateOil RunsMCF Sold
9-20241993236311
8-20241405123561
7-20241628528364
6-20241980027014
5-202433174733
  • 39858, conf, Hess, EN-Charles-Wood-157-94-1720H-5, Tioga,
DateOil RunsMCF Sold
9-20241539721210
8-20241664920499
7-202457876036
6-20243556545632
5-2024562123