Random Comment on TNT

Wow, the Oklahoma City Thunder - Los Angeles Lakers was a great game tonight and a great series overall.

I'm not a big basketball fan until the playoffs. With Phil Jackson having graduated from Williston High School, I enjoyed following the Chicago Bulls and the Los Angeles Lakers for many, many seasons. I spent the last seven years of my Air Force career in San Antonio and couldn't help but become a Spurs fan. I have a personal connection with Oklahoma City but that could be a story for another time, so I've enjoyed the playoffs so far this season and look forward to the finals.

But I write all that to lead into this: I am absolutely amazed how TNT seems to have come out of nowhere to be my favorite station. I no longer watch the "majors" (CBS, NBC, ABC, or FOX) -- I can't remember when I last watched something on the major networks, except NASCAR on FOX and an occasional third or fourth round of a golf tournament. But TNT has really found quite a niche, a niche that I enjoy.

I find it incredible that (apparently) the entire Oklahoma City Thunder - San Antonio Spurs series will be on TNT.

Update Case 16110 -- 10 Wells In One Spacing Unit -- The Williston Basin, North Dakota, USA

Locator: 10010HAWKEYE.

Back in October, 2011, I posted this case from the NDIC hearing dockets:

Case No. 16110: Application of Hess Corp. for an order amending the applicable orders for the Hawkeye-Bakken Pool to allow up to six horizontal wells and up to eight vertical wells to be drilled in a 1280-acre spacing unit described as Sections 18 and 19, T.152N., R.95W., McKenzie County, ND, and such other relief as is appropriate.

It looks like Hess is drilling these wells in section 18. Here is the status of the older wells and the newer wells in section 18:

• 1256, 368/PNA/PA, Hess, Hawkeye-Madison Unit E-611, Hawkeye, Madison well; t10/56; cum 335K; 
• 1295, PA/288, Hess, Hawkeye-Madison Unit E-613 HR, Hawkeye, Madison well; t1/57; cum 240K 3/13; (went on IA status during latter half of 2012; now active again; inactive, 10/14)
• 1562, 177/PA, Hess, Hawkeye-Madison Unit D-614, Hawkeye, Madison well; t12/57; cum 76K
• 17070, A/IA/783, Hess, HA-Swenson-152-95-1819H-1, Hawkeye, Bakken; t11/08; F; cum272K 1/17; taken off-line 1/17; back on line 6/17; cum 348K 11/21;
  
• 22415, SI/NC, Hess, HA-Swenson Observation-18-1, Hawkeye,
• 22417, SI/NC, Hess, HA-Swenson Observation-18-3, Hawkeye,
• 22367, PNC/loc, Hess, HA-Swenson 152-95-1819H-2, Hawkeye,
• 22416, SI/NC, Hess, HA-Swenson Observation-18-2, Hawkeye, a Birdbear well;
  
• 22420, PNC, Hess, HA-Swenson Observation-18-4, Hawkeye,
• 22635, 1,114, Hess, HA-Swenson-152-95-1819H-5, Hawkeye, t5/13; cum 214K 1/17; cum 304K 11/21;

Three older Madison wells are in section 19.

How Important Was The Bakken?

My world view is that the Bakken boom led the current energy boom in the United States. Others will have their own views, but mine won't change.

One of the reasons I started this blog was to offer another opinion to answer those who said the Bakken was over-hyped.

I can now quit blogging. I have reached the milestone I set for myself: to keep blogging until I saw this headline, or something similar:

"US Unconventional Liquids Production Could Mean Zero Net Oil Import"

Link here.

Production from unconventional liquids plays could result in the US becoming independent from oil imports before 2020, an analyst told attendees at an International Association of Drilling Contractors conference on onshore drilling.

Marshall Adkins, managing director of energy research for Raymond James & Associates, told conference participants, “You guys have gotten too good at getting oil out of the ground, and we are going to see some issues.”

US crude oil production is rising in the face of declining oil demand, Adkins said. He credited horizontal drilling and multistage hydraulic fracturing in North Dakota’s Bakken formation and the South Texas Eagle Ford shale with reversing a nearly 40-year-long decline in domestic oil supply.

Global oil prices look bearish. It looks like US could be energy independent in 6 - 7 years. 

Only two basins were mentioned, and of the two, the Bakken was first.

Anyway, I could quit blogging, but I won't. There are a few other Bakken milestones I want to see first before I quit blogging.

Reminder: Montana Oil Report

Link here.

Data points later, perhaps. Note average hourly wage near end of first story.

She Hasn't Worked a Day in Her Life -- Absolutely Nothing To Do With The Bakken -- All Politics

 So far I have not see one political ad on television -- seriously.

I have only heard about two ads.

First, she hasn't worked a day in her life.

And now, private equity is bad.

It's gonna be an interesting summer.

I haven't seen either ad. 

It seems like a lifetime ago.