Showing posts with label Follow_Up_2027. Show all posts
Showing posts with label Follow_Up_2027. Show all posts

Sunday, January 26, 2025

Solar Minimum 25 -- Cycle 25 -- Solar Maximum For This Very Weak Cycle Will Be This Summer -- July 2025

Locator: 48395SOLARCYCLE.

See this post from June 18, 2019. 

Wiki: solar cycle 25. Consensus: a weak cycle, but not all agree. Currently, it is stronger than predicted. But "we" still know within a tenth of a degree how warm the Earth will be 100 years from now.

AI:

Link here. National Weather Service. US Federal government.

September 15, 2020 --

The solar minimum between Solar Cycle 24 and 25 - the period when the sun is least active - happened in December 2019, when the 13-month smoothed sunspot number fell to 1.8, according to the Solar Cycle 25 Prediction Panel, co-chaired by NOAA and NASA. We are now in Solar Cycle 25 with peak sunspot activity expected in 2025, the panel said.

Solar Cycle 24 was average in length, at 11 years, and had the 4th-smallest intensity since regular record keeping began with Solar Cycle 1 in 1755. It was also the weakest cycle in 100 years. Solar maximum occurred in April 2014 with sunspots peaking at 114 for the solar cycle, well below average, which is 179.

Solar Cycle 24’s progression was unusual. The Sun’s Northern Hemisphere led the sunspot cycle, peaking over two years ahead of the Southern Hemisphere sunspot peak. This resulted in solar maximum having fewer sunspots than if the two hemispheres were in phase.

For the past eight months, activity on the sun has steadily increased, indicating we transitioned to Solar Cycle 25. Solar Cycle 25 is forecast to be a fairly weak cycle, the same strength as cycle 24. Solar maximum is expected in July 2025, with a peak of 115 sunspots.

Wednesday, September 28, 2022

For The Archives -- Follow-Up In 2027 -- September 28, 2022

For the archives.

Oil: Link here. Charles Kennedy.

From the linked article:

Oil and gas executives told the Dallas Fed that recession remains a key concern ....

“It’s tough to tell where these crosscurrents are headed. On one hand, we don’t know if anyone has noticed, but the two-year to 10-year Treasury yield curve is inverted, implying recession, and China is on lockdown basically every other day, so that means lower prices in the near term (probably),” one executive commented.

However, the same executive noted, while long-term demand is strong and OPEC continues to underperform, “shale core exhaustion” and inventory concerns remain key issues.

“Shale will likely tip over in five years, and U.S. production will be down 20 to 30 percent quickly. When it does—this feels like watching the steam roller scene in Austin Powers. Oil prices in the late 2020s will be something to behold,” the executive concluded.

When asked about expectations of a significant tightening of the oil market by 2024, one executive noted that the market is already tight, suggesting spot market prices are not based on true fundamentals.

“I struggle to understand why spot oil prices are as low as they are today and why there is still backwardation in the forward curve. It appears to me that the world is very short on supply, with big draws in Organization for Economic Cooperation and Development inventories still taking place even after a significant increase (and now leveling off) in North American drilling and completion activity,” the executive commented, adding that OPEC has “for the first time ever” acknowledged that there is no spare capacity.

Additionally, once China reverses its zero-COVID policy, demand will be driven up, while more Russian oil will be moved off the market pushing demand further.

Tuesday, January 11, 2022

From A Jack To A King -- December 13, 2024

Locator: 10010JACK.

Updates

The well:

  • 20212, 482, Whitman 3-34H, Oakdale, fracked?; t9/11; cum 103K 1/17; API: 33-035-01261; no evidence this was fracked; cum 1.014994 million 11/21; production since 2014; note huge jump in production 2018. tell me about the dreaded Bakken decline again; and, Hubbert's peak oil theory? Cum 1.115260 million bbls 10/24; cum 1.154427 million bbls 11/24; pump installed, 12/23; cum 1.180736 million bbls 4/25;

January 19, 2025: recent production --

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-202430182617981344281724410
BAKKEN10-202427183419661349267423220
BAKKEN9-202430212320051677329428900
BAKKEN8-202431225422401764347430560
BAKKEN7-20243122592311187634742911152
BAKKEN6-202430231323781974342930260
BAKKEN5-202431247925912153357731590

December 13, 2024: production updated. Recent production:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN10-202427183419661349267423220
BAKKEN9-202430212320051677329428900
BAKKEN8-202431225422401764347430560
BAKKEN7-20243122592311187634742911152
BAKKEN6-202430231323781974342930260
BAKKEN5-202431247925912153357731590
BAKKEN4-202430241322402089344730450
BAKKEN3-202431261226952392339329750

Later, 7:19 p.m. CT: see first comment. The file report shows this Three Forks well was fracked / stimulated 9/22/2017; 61 stages with 14.54 million lbs of proppant. FracFocus does not have any data regarding this well.

Original Post 

We last checked in on this well back in 2017. It was drilled six years earlier, in 2011, and I was never able to determine if it had been fracked. January 30, 2025: fracked 8/17; 61 stages, 14 million lbs proppant; 234,261 bbls fluid.

At best, as of 2017, it was a mediocre well, reporting cumulative production of around 100,000 bbls. But, wow, holy mackerel, checking tonight, this well has reported more than one million bbls crude oil cumulative. Full production here.

The well:

  • 20212, 482, Whitman 3-34H, Oakdale, fracked?; t9/11; cum 103K 1/17; API: 33-035-01261; no evidence this was fracked; cum 1.014994 million 11/21; production since 2014; note huge jump in production 2018. tell me about the dreaded Bakken decline again; and, Hubbert's peak oil theory? Cum 1.115260 million bbls 10/24;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2021301182011842237325132247580
BAKKEN10-2021311326613173234128058276530
BAKKEN9-2021301288912902212026793264100
BAKKEN8-2021311399413972219329004286010
BAKKEN7-202131147541482925403027029296555
BAKKEN6-2021301480814797252829386289850
BAKKEN5-202131160031596429023153630817300
BAKKEN4-2021301624616830301130859304740
BAKKEN3-202131179391725727723280832189200
BAKKEN2-2021281762617813346727458270810
BAKKEN1-2021221234912302243519343190810
BAKKEN12-2020311728917182289427423270150
BAKKEN11-202030183531852833223155230835312
BAKKEN10-2020312050320420391334521341130
BAKKEN9-20203020612205653945324733202958
BAKKEN8-2020312341523393454834091337030
BAKKEN7-202030254972525040642902728102520
BAKKEN6-20200000000
BAKKEN5-2020312506925630538438095376840
BAKKEN4-202024182831813136652361923099253
BAKKEN3-2020312610525993566835857354380
BAKKEN2-202028232832328652253058729735493
BAKKEN1-2020312671026794633333634332150
BAKKEN12-2019312759727551651334966345490
BAKKEN11-201930275972760376773039129150843
BAKKEN10-201925196151931767822010519254574
BAKKEN9-201927194581975859322095620086592
BAKKEN8-201931279222778010332296982921665
BAKKEN7-2019312575226021127962886328109349
BAKKEN6-20193027902279081290329790293890
BAKKEN5-20193027570276701120328086255222193
BAKKEN4-2019302842728258124863008629312382
BAKKEN3-201931286282868614764312543081923
BAKKEN2-20192825683253191420226821264500
BAKKEN1-20191613734136011012813831136280
BAKKEN12-2018221621616649926018218165941334
BAKKEN11-2018293205032060798233651307742503
BAKKEN10-20183137074369921081339302356113272
BAKKEN9-20183036826366251433138670340104265
BAKKEN8-2018447314441237846213785786
BAKKEN7-20181676784403
BAKKEN6-2018111380000
BAKKEN5-2018004030000
BAKKEN4-20181632393127473246523760
BAKKEN3-201819548656317564317413950
BAKKEN2-20182553105088595444542610
BAKKEN1-201831105131072518698937864150
BAKKEN12-2017312190321790484124087238390
BAKKEN11-201730194521980953791966718479968
BAKKEN10-201721121501140168471354971916268
BAKKEN9-20170000000
BAKKEN8-20170000000
BAKKEN7-20170000000
BAKKEN6-20170000000
BAKKEN5-20171002000
BAKKEN4-20175380363981151140
BAKKEN3-201761573200108990
BAKKEN2-2017416217001740158
BAKKEN1-2017315828401540153
BAKKEN12-20162147001620146
BAKKEN11-201631521840500
BAKKEN10-2016215127821231150
BAKKEN9-2016314800300
BAKKEN8-201621410280080
BAKKEN7-201671892032589880
BAKKEN6-2016002390000
BAKKEN5-20164203132221021010
BAKKEN4-201631620798970
BAKKEN3-20164199176094930
BAKKEN2-201610196191097950
BAKKEN1-20161320019701111080
BAKKEN12-201511136199016740124
BAKKEN11-20152680056055
BAKKEN10-20151019719521241060
BAKKEN9-20151500025200
BAKKEN8-20153014530133371430
BAKKEN7-20151220102829414259
BAKKEN6-2015169128813195750
BAKKEN5-201531225293123751290
BAKKEN4-20153025626603571170
BAKKEN3-201531264296103671190
BAKKEN2-2015282572842238014313
BAKKEN1-2015313011792846212292
BAKKEN12-20142837029811244599137
BAKKEN11-20143038557460559222124
BAKKEN10-20143142032685292820
BAKKEN9-2014305226322264934274
BAKKEN8-201431633596237214727
BAKKEN7-201431774592756386380
BAKKEN6-201430100611306292386558
BAKKEN5-20142912931200517113311330
BAKKEN4-20143011781463153106410586
BAKKEN3-2014311201113611399296230

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

Another, jack to a king:


From A Jack To A King, Ricky Van Shelton