Monday, October 6, 2025

Frack Data For One Of The Incredible CLR Grinnell/West Capa Wells -- October 6, 2025

Locator: 49310B. 

These incredible wells are tracked here; brought to my attention by a reader. 

 The well:

  • 41167, A/F, CLR, Arley 6-18H1, West Capa, t6/25; cum 135K 8/25; see below; 

Early production

  •  41167:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025315536555365550451400331386061427
BAKKEN7-2025316242462470641791366951332923403
BAKKEN6-2025121715816940231134373042950780

Selected data points from the well file:

  • 1280-acre spacing: typical Bakken drilling unit
  • Three Forks first bench
  • stimulation: 47 stages 
    • lbs proppant: 12,779,762 (not even an "excessive" amount)
    • sand frack (not ceramic)
    • volume: 269,478 bbls

The Big Oil Story Today: OPEC+ Holds The Line -- XOM Already Seeing $$$$ -- October 6, 2025

Locator: 49309OIL. 

Links / stories may come later tonight / tomorrow. 

First story here, at oilprice. Link here

A Picture Is Worth A Few Thousand Words -- October 6, 2025

Locator: 49308AI. 

Quick: name one consulting team that isn't going all in with AI?

Link here


 

Is McKinsey Using AI? October 6, 2025

Locator: 49307AI. 


And that's the problem! LOL. 

Fact Checking Peter Lynch And Deloitte Goes All In With AI -- Claude -- October 6, 2025

Locator: 49306INV. 

Before we get to the Peter Lynch article below, look at this with regard to Deloitte. 

The link to the Deloitte article.  

Claude? AI is tracked here. 

The big story here? It's pretty obvious. I don't need to state the obvious.  

Is McKinsey using AI? Link here

**************************
Fact Checking Peter Lynch

This is the blog I started with before I saw the Deloitte note above. 

A reader alerted me to this article. I was curious.

The link to the article

From the article, from Peter Lynch
As an example, Lynch pointed to McDonald’s, which he was told long ago had already seen rapid domestic growth. The hamburger chain went on to see strong growth when it expanded internationally.

In fact

McDonald's first expanded internationally in 1967, with the opening of a restaurant in Richmond, British Columbia, Canada. This marked the beginning of the company's global expansion, which saw locations open in Puerto Rico in the same year. The expansion continued rapidly, with the first European restaurant opening in the Netherlands and the first Asian restaurant opening in Japan in 1971. 
So, I was curious.
 
McDonald's went public April 21, 1965 --- sixty years ago.
 
Nvidia went public January 22, 1999 -- twenty-six years ago. Nvidia, as a public company, has been around half the time McDonald's has been around, as a public company.
 
From Yahoo!Finance:
  • MCD, "max" --> a paltry 8,000% over 60 years.
  • BRK-B, "max" --> even worse -- less than 2,000% over decades
  • Amazon, "max" --> up an incomprehensible 245,344% since the dot-com era, 1999
  • NVDA, "max" --> up an even more incomprehensible 463,675%, also, since the dot-com era, 1999 
What went on in Peter Lynch's hey days wasn't even in the same universe as what's going on today.
 
Ticker:

 
Ticker:


 
Ticker


Ticker


Need more?
 
BTC (Bitcoin in US dollars):
  • 2017: $1,500
    today:  $124,630
  • and according to AI, that's only a paltry 8,000% change also. In about eight years.  

And finally, a few CNBC anchors are saying positive things about Bitcoin but most, it seem, are still trying to talk it down.

On another note, on the Prospero's short list:

Another Chart Of The Day -- October 6, 2025

Locator: 49305INV. 


 

The Exceptional CLR Grinnell Wells -- Arley, Kenneth, Christiana, Helen -- October 6, 2025

Locator: 49304B. 

A reader alerted me to these incredible wells. Thank you very, very much. 

Note: in a long note like this there will be typographical and content errors. I will correct them when I find them. 

The wells:

  • 41166, A/F, CLR, Arley 5-18H, West Capa, t6/25; cum 143K 8/25; see below; 
  • 41099, A/F, CLR, Christiana 7-6H, West Capa, t6/25; cum 117K 8/25; see below; 
  • 41167, A/F, CLR, Arley 6-18H1, West Capa, t6/25; cum 135K 8/25; see below; 
  • 41168, A/F, CLR, Christiana 8-6H, West Capa, t6/25; cum 133K 8/25; see below; 
  • 41169, A/F, CLR, Arley 7-18HSL, West Capa, t6/25; cum 143K 8/25; see below; 

 

  • 41170, A/F, CLR, Helen 2-8HSL, West Capa, t6/25; cum 131K 8/25; see below; 
  • 41171, A/F, CLR, Kenneth 3-17H1, West Capa, t6/25; cum 112K 8/25; see below; 
  • 41172, A/F, CLR, Helen 3-8H1, West Capa, t6/25; cum 151K 8/25; see below; 
  • 41173, A/F, CLR, Kenneth 3-17H, West Capa, t6/25; cum 152K 8/25; see below; 
  • 41174, A/F, CLR, Helen 4-8H, West Capa, t6/25; cum 140K 8/25; see below; 

  • 26064, 1,516, CLR, Arley 21X-18E, Grinnell, t2/15; cum 253K 8/25;
  • 26065, 2,125, CLR, Arley 21X-18A, Grinnell, t2/15; cum 393K 8/25;
  • 26066, IA/1,122, CLR, Arley 21X-18F, Grinnell, t2/15; cum 199K 3/25;
  • 20906, IA/1,965, CLR, Arley 21X-18B, Grinnell, t4/12; cum 311K 4/25;

Early production:

41166:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025314628946309315551368551354581397
BAKKEN7-2025315951459649374951402931367973496
BAKKEN6-2025172351723218190285154150623918
  • 41099:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025314625246250347161312991299591340
BAKKEN7-2025315160551702352331141701113282842
BAKKEN6-2025121881318574152754071939994725
  •  41167:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025315536555365550451400331386061427
BAKKEN7-2025316242462470641791366951332923403
BAKKEN6-2025121715816940231134373042950780
  • 41168:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025315233952347433371278851265831302
BAKKEN7-2025316202862088499961286611254613200
BAKKEN6-2025111818917958176064242841671757
  • 41169:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025315741757406549621417681403241444
BAKKEN7-2025316082260972657991387171352623455
BAKKEN6-20251725042247243420951143493421801
  • 41170:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025315710657100438611195381183241214
BAKKEN7-2025316250562474483321225071194623045
BAKKEN6-202571110210961103072683326078755
  • 41171:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025314653646521560881115181103831135
BAKKEN7-2025304709447194658381151741123032871
BAKKEN6-2025171811617886315224478743988799
  • 41172: 
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025315784657846433411380291366241405
BAKKEN7-2025316530565480500781309411276863255
BAKKEN6-20251727971276162548545243439231320
  •  41173:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025315516455179341061681661664491717
BAKKEN7-2025316777467955388701627471586914056
BAKKEN6-2025172899828630194535434753380967
  •  41174:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2025316000359979402041278921265921300
BAKKEN7-2025315900459107437951122911095022789
BAKKEN6-2025122096620700173364140240665737

 The maps: 


 


 

Chart Of The Day -- October 6, 2025

Locator: 49303COPPER. 

SCCO:


 


 

The Bakken Today -- October 6, 2025

Locator: 49302B. 

Cramer's last hour: today's investment suggestion --

  • half your new money in ETFs;
  • the other half in five stocks, my five (Cramer's):
    • Nvidia
    • AMD
    • Amazon
    • CAT
    • Palantir 

See disclaimer below

 Flip-flop: for now, Trump won't lay-off government employees. Brilliant politician. He's going to let Congress own the shutdown, and more specifically, the Democrats. Ya gotta love politics. 

North Dakota tornado: link here.

EF: global EF5 tornadoes, list here.

**********************************
Back to the Bakken

Active rigs: 32.  

WTI: $61.99. Nice jump today; OPEC won't increase production as much as originally thought.

New wells reporting this next week. Link here.

RBN Energy: link here.

Today's blog over at RBN Energy is a must-read: New Mexico update -- Targa, Enterprise Products, and MPLX's sour-gas-related assets in the northern Delaware. Link here

Today's daily activity report:

Four new permits, #42374 - 42377, incluisve:

  • Operators: CLR (3); Hess
  • Fields: Ross (Mountrail); Ellsworth (McKenzie)
  • Comments:
    • Hess has a permit for one well, a BW-Cushing well, SWNW 33-149-100; 
      • to be sited 2004 FL and 1176 FWL;
    • CLR has permits for three Jean Nelson wells, SESE / SWSE 35-156-91, 
      • to be sited 450 FSL and 1263 / 1327 FEL.

One permit renewed:

  • 40248, Grayson Mill, Tufto 18-19 FH; Cow Creek, Williams County;

One producing well (a DUC) reported completed:

  • 41339, 995, MRO, Mimee 14-7TFH, Dunn County; 

Friday's daily activity report:

Three new permits, #42371 - #42373, inclusive:

  • Operators: KODA Resources, Kraken;
  • Fields: Daneville (Divide County); Boxcar Butte (McKenzie)
  • Comments:
  • KODA Resources has permits for two Bock wells, SWSE 36-161-102, to be sited 459 FSL and 1846 / 1881 FEL;
  • Kraken has a permit for a Charity well, SESW 31-149-101, to be sited 448 FSL and 2574 FWL.

Five permits renewed:

  • Grayson Mill (#41206 - #41210, inclusive): permits for five Sorenson wells, NWNE 29-155-92.

Five permits canceled:

  • Windridge Operating, all in Burke County; 
    • one, Sandpiper State, #34319, to be sited in SESW 35-164-93;
    • two Mallard permits, #35375 and 35376, to be sited in lot 3, section 5-163-92;
    • two Coot permits, #35514 and #35515, to be sited in lot 1, section 6-163-92;

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

Briefly:

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • 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 something appears wrong, it probably is. Feel free to fact check everything.
  • 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 Bakken, 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. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
  • Longer version here

 

Disclaimer Briefly

 

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

Briefly:

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • 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 something appears wrong, it probably is. Feel free to fact check everything.
  • 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 Bakken, 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. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
  • Longer version here

Cross-County Road Trip? Thinking Out Loud -- October 6, 2025

Locator: 49301TRAVEL. 

 

AI prompt

Travel recommendations. I have a four-day weekend. I love cross-country road trips. A twelve-day road trip across half the USA is my idea of a great time. In four days, I would have much less time. I would be starting my road trip from DFW (north Texas). Farthest I would drive: to the west, Phoenix; to the northeast, Nashville; to the southeast, Rockport / Corpus Christi, Texas.  Thoughts? Pros / cons? Traffic? Weather? 

 

New Jargon -- Changes In Latitudes, Changes In Attitudes -- October 6, 2025

Locator: 49300JARGON. 

 

Circular spending - vendor sourcing. 

Compute and compute diversification.  

Diversifying supply.

Has anyone read much about TSM / TSMC lately?  The silence is deafening / the silence speaks volumes. 

Time For An OpenAI Page? October 6, 2025

Locator: 49300OPENAI. 

OpenAI:

Link here. Not yet publicly traded. When it goes public will it open with a valuation of $1 trillion?

*************************
Barron's: AMD

I don't recall for sure, but I could look it up if I cared. I don't.

But I remember the moment very, very well.

Our community library is perhaps the best community library in the immediate area and there are many to choose from.

So, I don't recall the exact day, but I do remember the aha moment! I'm pretty sure it was June 21, 2024, about eight months ago. At that time I was going to the library on a regular basis, focused on business periodicals, biographies, and top-shelf literature. 

Whatever day it was, the cover photo on the Barron's issue on the shelf was of Lisa Su.

I read the article. It didn't make a lot of sense but Barron's only publishes once a week, which means that Barron's only publishes 52 covers each year. Lisa Su and AMD was now one of them, just as all the talk at that time was of the Fourth Industrial (Sixth Industrial) Revolution. 

At that moment, I started a position in AMD and I haven't looked back. For the record:

  • Micron (MU) was the last chip / tech company I bought. Source: Chip War. I'm very "proud" of picking that when I did -- it was so out of favor when I bought it. Just as Intel was.
  • Oracle: second best chip / tech company I bought. Source: discussion with our older daughter and oldest granddaughter planted the seed. It's still my favorite in terms of fascinating to watch, not necessarily the best investment opportunity right now.
  • Broadcom: luckiest position -- specific recommendation from a reader who probably has written me once.
  • Amazon: hated it; said I would never buy it -- but within the last year, "the writing is on the wall," as they say. I think it was Starlink (Musk) / Kuiper (Bezos) that was the tipping point. 
  • Intel: my rules of investing do not allow me to invest in Intel.

So, that's kind of where I'm at. That's most of my tech holdings. 

Through ETFs, a whole lot more. 

Back to Lisa Su, June 21, 2024, link here, tenth anniversary at the helm -- just reaching her peak -- 

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

Briefly:

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • 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 something appears wrong, it probably is. Feel free to fact check everything.
  • 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 Bakken, 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. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
  • Longer version here

Cramer's First Hour -- Monday, October 6, 2025

Locator: 49299CRAMER. 

Of course: begins with the historic, multi-year agreement between AMD and OpenAI. Yes, I understand the skepticism. Those folks swiping the way the deal was reached, is exactly how Warren Buffett / BRK took a stake in OXY.

Almost all techs are up in pre-market trading. 

1999? Cramer -- I won't paraphrase Cramer -- it's complicated, but one needs to listen to Cramer.

Regardless: it's going to be a bad day today for those shorting AMD. 

AAPL: tea leaves suggest AAPL could hit a 52-week high today.

Finally -- and this is cool -- he's using the right word: "reasoning.' 

AI prompt: generative ai inference reasoning how do these terms al relate.

AMD: as the shorts start "covering," AMD shares will gain; waking up to a "Titanic" disaster -- AMD now up $61.  

Oil and gas: generally shares up across the board, but not by much.

MU: up $10.

Ford: this is one of Cramer's favorites. Hybrids. Farley's time. No comment:

Cramer interview with AMD's CEO and OpenAI's founder and president, Greg Brockman. Another not-too-miss interview. New buzz word: computer.

**************************
The Eisen Hour 

Sara Eisen is spending way too much time on Nike. Across her two hours, she dedicated a full hour to a two-part interview with the Nike CEO on what is turning out to be one of the busiest days for the market in a long time. 

And that's the problem CNBC. The producer needs to start planning the daily show two weeks early, and then gradually refine the day for the next two weeks. By the time much of what gets on CNBC it's already old news. In addition, CNBC definitely has its favorites. 

I'm not aware CNBC giving this much attention to Apple / AAPL for example. 

But, or course, I'm very biased.

See disclaimer.

On a huge day for tech, today, NKE is down. Nike's one-year and five-year charts look abysmal. But for some reason, CNBC likes this stock. This suggests to me that CNBC viewers are very, very interested in Nike also. I don't have a position in NKE, never have, never will.

*******************************
Other Opportunities 

Prospero is a free app that uses AI to look at thousands of real time data points and give you easy to understand scores. The app is on my iPad desktop.


 

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

Briefly:

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • 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 something appears wrong, it probably is. Feel free to fact check everything.
  • 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 Bakken, 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. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
  • Longer version here

Nobel Prizes -- T Cells -- October 6, 2025

Locator: 49298NOBEL. 

Another connection with Stanford. At the end of the day, bragging rights to universities and entrepreneurs on the west coast (San Diego, Stanford, Seattle).  

Looking forward to the book! 

Incredibly: the folks who worked on a sub-set of T-cells win a Nobel prize, but Jacques Miller and Graham Mitchell did not win a Nobel Prize for their co-discovery of T-cells and B-cellsWhat this tells me: advances in medicine and physiology were amazing in the 1970s. 


My hunch: research in virology and immunizations was where the excitement was.

I count twelve years in which Nobel Prizes in medicine and physiology were won for virology research and immunization research between 1946 and 2023. But the co-discoverers of the thymus, T-cells and B-cells were not so honored! 

T-cells. Wiki

Link here.

Mary E. Brunkow, Fred Ramsdell and Dr. Shimon Sakaguchi were awarded the Nobel Prize in Physiology or Medicine on Monday for their discoveries of peripheral immune tolerance — the system that explains how the immune system prevents rogue cells from attacking tissues and organs. [The "Dr" in front of Sakuguchi's name is because he does have an MD degree; the other two were PhDs. Dr Sakkuguchi was a PhD. 

  • Dr. Shimon Sakaguch: Osaka University
  • Celltech Chiroscience, a British-owned biotechnology, Seattle area 
    • Mary E Brunkow: Institute for Systems Biology in Seattle
    • Fred Ramsell: Sonoma Bio, a biotechnology company based in San Francisco 

The three researchers will split a prize of 11 million Swedish kroner, or around $1.17 million.

The Nobel Committee for Physiology or Medicine said that the scientists received the award for their work researching the human immune system. Their research showed how the body regulates its immune responses, and keeps the immune system from attacking itself.

Central to the scientists’ research was understanding more about T-cells, the cells in the body’s immune system that fight infection. The researchers identified so-called regulatory T-cells, which ensure that the body’s normal T-cells don’t start attacking healthy cells.

This is truly incredibly. Every physician in retirement today started medical school with little knowledge about T-cells (and of the entire immune system, may be the easiest to understand):

Their research spans three decades, and began with Dr. Sakaguchi’s experiments with mice in 1995, when he discovered a previously unknown set of immune cells that protected the body against autoimmune diseases.

In 2001, Dr. Brunkow and Dr. Ramsdell discovered gene mutations that lead to autoimmune diseases, and a dysfunction in T-cell responses. Two years later, Dr. Sakaguchi linked their findings to his.

Yet to come:

  • Physics: tomorrow
  • Chemistry: Wednesday
  • Literature: Thursday
  • Peace Prize: Friday
  • next week: economic sciences