Re-Frack Of A Well Originally With An Open-Hole Frack -- Back In 2017 -- Posted November 11, 2025

Locator: 49399B.

The well:

• 17171, 391, MRO, Fred Hansen 34-8H, Bailey, t10/08; cum 536K 9/25; huge jump / halo effect 7/17 that lasted for quite some time; 

This is so cool.

This well was drilled in 2008. Cumulative production has exceeded 500K bbls crude oil cumulative. Pretty good. I was curious. To get to 500K this well had to have had a jump in production somewhere along the way. 

I noted this on the production profile; I found the jump! Again, the well was originally drilled/completed/tested 10/08. The data below is from 2017, nine years later.

BAKKEN	12-2017	20	6765	6826	6272	4608	3340	441
BAKKEN	11-2017	30	12002	12066	11587	7008	3310	2238
BAKKEN	10-2017	31	14805	14624	14256	14312	9124	3420
BAKKEN	9-2017	30	17232	17296	18269	9351	0	7329
BAKKEN	8-2017	31	20548	20366	27684	11259	109	8769
BAKKEN	7-2017	29	16897	16945	25461	10216	3639	4605
BAKKEN	6-2017	11	9100	9142	5202	4883	1099	2748
BAKKEN	5-2017	0	0	0	0	0	0	0
BAKKEN	4-2017	5	138	141	68	95	43	23
BAKKEN	3-2017	31	625	581	349	544	282	34
BAKKEN	2-2017	28	642	653	178	488	236	15
BAKKEN	1-2017	31	669	611	211	523	248	17
BAKKEN	12-2016	31	711	661	208	557	292	3
BAKKEN	11-2016	30	738	729	189	522	250	13
BAKKEN	10-2016	31	751	767	197	542	273	3
BAKKEN	9-2016	30	742	789	205	504	142	103
BAKKEN	8-2016	31	720	700	209	522	253	6
BAKKEN	7-2016	31	755	781	227	554	284	3
BAKKEN	6-2016	30	745	698	209	578	318	0
BAKKEN	5-2016	31	787	796	217	594	323	1
BAKKEN	4-2016	30	751	738	198	541	278	3
BAKKEN	3-2016	31	780	809	211	565	286	10
BAKKEN	2-2016	29	787	761	197	510	220	32

The cause of the jump?

I first checked the neighboring wells to see when they were fracked. Nothing matched.

So, I went back to the well file:

Date of sundry form, received by NDIC: August 11, 2017!

"Refrack of original open hole lateral.Did lateral cleanout with H&P 438, and ran 4.5" line (cemented), then did 45-stage plug and perf."

Re-frack, test, initial production: 1,386 bbls in first 24 hour.

• 45 stages
• volume: 98,243 bbls
• sand frack
• lbs proppant: 5,553,640

Three New Permits; One DUC Reported As Completed -- November 11, 2025

Locator: 49398B.

Veterans Day is a state holiday in North Dakota; state government offices are closed.  

LNG: link here. 

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Back to the Bakken
November 10, 2025

WTI: $61.03. 

Active rigs: 30.

Three new permits, #42467 - #42469, inclusive:

• Operator: EOG
• Field: Parhshall (Mountrail)
• Comments:
• EOG has permits for Liberty wells, SWNW 24-151-91, sections 24 / 25 / 36 - 151-91 and sections 30 / 31 - 151-90 (five sections?), 
• to be sited 2250 FNL and 265 / 365 FWL.
• it looks like these three EOG Liberty wells will run from the NW to the SE, and run parallel to the EOG Fertile well, #20691, Fertile 49-3024H. 

One producing well (a DUC) reported as completed:

• 41520, 1,718, MRO, Clawson 11-18H, Bailey oil field, wells on multiple pads in the area; horizontals running north and south; t--; cum --;
• wells of interest:
• 41521, drl/conf, MRO, Semerad 11-18, Bailey, t--; cum --;
• 16764, IA/473, MRO, Knudsvig 34-7H, Bailey, t12/10; cum 328K 11/24;
•  16868, IA/294, MRO, Knudsvig 24-7H, Bailey, t3/08; cum 215K 6/25;
• 17171, 391, MRO, Fred Hansen 34-8H, Bailey, t10/08; cum 536K 9/25; huge jump / halo effect 7/17 that lasted for quite some time;
• 19408, IA/813, MRO, Trinka 41-18H, Bailey, t3/11; cum 218K 9/24;

Tuesday Close -- November 11, 2025

Locator: 49397TRADES. 

Tag: Black Hills Corp; presidential pardons 

The best thing about the Biden auto-pen: it set the bar really low for presidents like Donald Trump.

Truly amazing: this is a utility out in the middle of nowhere -- 

Amgen (AMGN):

• The return in Amgen does not include the dividends which were significant.

Dow closes up over 500 points. NASDAQ off slightly after huge run the past six months.

AMD, today:

• first investor day in three years
• investors were rotating out of tech stock today (and yesterday)
• AMD was down significantly during the day, during the investor day presentations
• however, after-hours, huge surge from its closing price

**********************************

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. 
• Many posts are not proofread for several days after they've been posted.  
• 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.
• And Oracle. 
• Longer version here.

*********************************
The Book Page

The book:  

Silent Spring Revolution: John F. Kennedy, Rachel Carson, Lyndon Johnson, Richard Nixon, And The Great Environmental Awakening, Douglas Brinkley, c. 2022 

I have this book on my desk and go through it periodically; it's been my book of the day many times. It brings back a lot of memories -- just look at the names in the subtitle: JFK, LBJ, Nixon -- it was a very different time. 

If I take notes on the book, I place them here. 

Guyana Update -- November 11, 2025

Locator: 49396GUYANA. 

Suriname / Guyana is tracked here. 

Updates

Link here -- Guyana -- $30-barrel break-even project driving XOM's success.  

Link here. Fascinating story.

Link here. From The New York Times one year ago.

Venture Global -- LNG Exports -- Setting Records -- November 11, 2025

Locator: 49395LNG. 

Link here. 

I have no position in this company, never have, unlikely I ever will.

I am posting this to help me keep track of LNG export facilities.  

From the linked article:

U.S. LNG exporter Venture Global booked a net income for the third quarter, compared to a loss a year earlier, as revenues and LNG exports soared amid rising liquefaction capacity at its plants.

Venture Global, the second-largest U.S. LNG exporter behind Cheniere, on Monday, November 10, 2025, reported a net income attributable to common stockholders of $429 million for the third quarter, versus a loss of $347 million for the same period of 2024. Wow.

Revenues soared by 260% and income from operations surged by 598% as Venture Global’s exported LNG volumes jumped by 237% to 100 cargoes in the third quarter of 2025, up from 31 cargoes exported in the same period last year.

Venture Global has been ramping up its Plaquemines export project, and 34 of 36 liquefaction trains at the site are now producing LNG.

34 of 36 trains! Wow.

Tracking LNG export, US vs Qatar:

Yes, This Trade Worst Trade Ever? Certainly Was For Dallas -- November 11, 2025

Locator: 49394TRADES. 

Dow up over 500 points. NASDAQ off slightly after huge run the past six months.

Link here. 

**************************
Aircraft Carrier 

Hegseth has certainly moved into Trump's inner circle, along with Doug Burgum. See the updated rogue gallery. 

Link here. 

******************************
So, How's It Going For Chuck Schumer Today?

The picture below is in the dictionary next to the word schadenfreude.  

Link here. 

Gets a vote in the US Senate on ObamaCare.

Ironically, the US House won't even consider voting on an ObamaCare-Schumer bill. 

Everyone on x is asking Schumer to step down. Hopefully, the GOP knows better; they need to keep Schumer in place. 

Senator John Fetterman, D-PA, voted 15 times to re-open the government. Schumer voted 15 times to keep the government closed to ensure US troops wouldn't get paid until after Veterans Day. 

Holy Mackerel -- Almost Missed This -- GDPNow -- 4% -- November 6, 2025 -- COTD -- Posted November 11, 2025

Locator: 49393ECONOMY. 

GDPNow. Link here. Note: in the boxed note below it said that the next GDPNow would be updated November; that did not happen in the normal format but it appears there was no change (still 4.0 on November 14). Atlanta Federal says next update will be posted November 17, 2025.

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Chart of the Day

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Coreweave

 ***************************
Breaking Out -- PSX

**********************************

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. 
• Many posts are not proofread for several days after they've been posted.  
• 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.
• And Oracle. 
• Longer version here.

Veterans Day -- Very, Very Bittersweet Memories -- November 11, 2025

Locator: 49392VETERANSDAY. 

Off the net for a couple of hours. 

I'm off to a Veterans Day event at Sophia's middle school.

I'll see if Sophia can get a better photo of me.

I still fit in my old flight suit / jacket.

In 1984, I earned my "wings" and went on flying status. As part of the process, I was fitted with uniforms and helmet.

I was stationed at Grand Forks AFB, ND, so we were issued cold weather jackets as the standard-issue jacket. I don't recall ever getting a "regular" or warm-weather jacket. I wore this jacket almost every day for 30 years, regardless of where I was assigned, including the Middle East during the summer!

When one separated from the USAF, you returned your issued uniforms to be recycled for new recruits. I was new so I was issued a jacket that had been issued to a "Major Baird." He would have gotten this jacket no later than as a captain, possibly a lieutenant, which meant he wore this jack for at least ten years, probably as a B-52 navigator or weapons system operator. 

So, this jacket was almost continuously worn for forty years. I retired in 2007 -- so now, another 18 years this jacket has been around, worn to ever Veterans Day event since 2007.

So, 58 years old -- this jacket. Not one sign of aging. No fraying of the elastic sleeves, no need to have the zipper replaced, no cuts or tears. Absolutely perfect condition.  

For some reason, I was allowed to keep all my issued uniforms when I retired. Including my helmet. And G-suit.

 

Same with these boots. The original boots from 1984, or thereabouts.

 

Apple, TSMC, 2NM, 2026 -- November 11, 2025

Locator: 49391APPLE.

Tag: Apple TSMC TSM 2 nm 2-nm 2nm 

Link here.

Read the entire thread.

**********************************

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. 
• Many posts are not proofread for several days after they've been posted.  
• 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.
• And Oracle. 
• Longer version here.

Tuesday -- November 11, 2025 -- US Veterans Day

Locator: 49390B.

Proppants, XOM, to significantly increase production in the Permian, link here: 

COP on track for $7 billion cash flow by 2029, link here. That's the headline from Hart Energy. Here's a more complete analysis from Yahoo!Finance, link here.

Thought experiment on inflation, housing: let's assume the entire GDP was driven by the housing sector. 

Suppose the inflation rate was running 8% due to increasing cost of building houses. The Fed's answer to fighting inflation -- raise rates. So, now, it's even more expensive to build homes. Now, what might happen if the Fed pivoted 180 degrees and suggesting maybe building more houses would slow the pace of the increase in housing prices. And to do that? Lower interest rates. Just a thought experiment.  

Thought experiment on inflation, AI instructure: let's assume the entire GDP was driven by the cost of AI infrastructure. See thought experiment on inflation, housing, above.

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Back to the Bakken 

WTI: $59.95.

New wells reporting: link here.

RBN Energy: link here.