How Bad Is The Economy? Apparently Not Too Bad: Summer Box Offices Doing Well

The Wall Street Journal is reporting:

At $3.2 billion so far, the North American summer box office is up 12% compared with this time last year.

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A Note To The Granddaughters

In the summer of 1971 I was selling dictionaries for the Southwestern Publishing Company, Nashville, Tennessee, on the east coast. My primary sales area was Union County, Westfield, NJ.

It was there that I met the love of my life. We met in 1971. We met again in 1973, and parted ways shortly after that. She died in 2006. The song I most associate with that time period was The Doors "Riders On The Storm." It was recorded in December, 2006, and charted in 1971.

Riders On The Storm, Jim Morrison and The Doors

It's when the rain starts falling that my memories of those two years -- 1971 - 1973 -- become most intense.

Riders On The Storm, Jim Morrison and The Doors

KOG's Smokey Wells In Pembroke Oil Field Have Been Updated

Link here.

Touch Me, The Doors

The Rollefstad Downspacing Pilot Unit -- Fourteen (14) Wells In One Section In Antelope Oil Field

Locator: 10010ROLLEFSTAD.

The Rollefstad wells project is a CLR-operated downspacing pilot -- HK corporate presentation, August, 2013; HK has a 15% working interest in this pilot program. In August, 2013, it looks like CLR has two rigs working this section.

The original post, posted January 18, 2013, said 10 wells were sited inside this section.

My, oh my, how quickly things change in the Bakken. Now there are fourteen (14) wells sited in this section.

With four more permits issued to CLR for section 3-152-94, Antelope Field, there will be fourteen (14) permits in that section. Currently, all long laterals:

• 24812, A, CLR, Rollefstad Federal 14-3H-2, Antelope, Sanish pool; no test date; s5/13; cum 239K 10/20; cum 284K 3/25;
  
• 24813, 773, CLR, Rollefstad Federal 13-3H, Antelope, Sanish pool; t3/14; cum 272K 10/20; cum 335K 3/25;
  
• 24814, AB, CLR, Rollefstad Federal 12-3H-3, Antelope, Sanish pool; no test date; s5/13; cum 157K 11/20;
• 24815, 1,112, CLR, Rollefstad Federal 11-3H-1, Antelope, Sanish pool; t3/14; cum 279K 10/20; cum 343K 3/25;
  

Previously:

• 18909, 674, CLR, Rollesfstad 2-3H, Antelope; Sanish pool; t8/12;cum 326K 10/20; cum 405K 3/25;
  
• 18159, 754, CLR, Rollefstad 1-3H, Antelope; Sanish pool; t9/09; cum 593K 10/20; cum 725K 3/25; nice halo effect;
  
• 20674, 843, CLR, Rollefstad 3-3H, Antelope; Sanish pool; t6/12; cum 452K 10/20; cum 517K 3/25;
  
• 24722, PNC, CLR, Rollefstad Federal 6-3H-2; Antelope; Sanish pool;
• 24723, PNC, CLR, Rollefstad Federal 5-3H-3; Antelope; Sanish pool;
• 24724, PNC, CLR, Rollefstad Federal 4-3H-2; Antelope; Sanish pool;

The new permits in this section:

• 24799, A, CLR, Rollefstad Federal 7-3H-1; Antelope; no test date, cum 225K 10/20; cum 296K 3/25;
  
• 24800, A, CLR, Rollefstad Federal 8-3H-3; Antelope; no test date, cum 174K 10/20; cum 207K 3/25;
  
• 24801, A, CLR, Rollefstad Federal 9-3H; Antelope; Sanish pool; no test date, s6/13; cum 303K 10/20; cum 349K 3/25;
  
• 24802, 725, CLR, Rollefstad Federal 10-3H-2; Antelope, Sanish pool; t3/14; cum 161K 10/20; cum 183K 3/25;
  

Comments:

• #18159, tested back in late 2009, is producing 6,000 bbls of oil monthly; it is hooked up to a natural gas pipeline but some natural gas is still being flared
• once these wells are drilled and come off the confidential list, the names of these wells will make sense 

Two Areas In The Four Bears With Significant Activity

Permits

2016

2015
32196,
32195,
30785,
30784,
30783,

2014
30248,
30247,
30246,
30245,
30244,
30243,
28298,
28297,
28296,

2013
26575,
26908,
25185,
25184,
25183,
26576,
26914,
26913,
26907,
26906,

2012
24256, 2,546, HRC, Fort Berthold 152-93-7D-6-1H, t2/14; cum 324K 11/15;
24255, 2,447, HRC, Fort Berthold 152-93-7D-6-2H, t4/13; cum 267K 11/15;
24254, 1,800, HRC, Fort Berthold 152-93-7D-6-3H, t3/14; cum 279K 11/15;
24253, 1,719, HRC, Fort Berthold 152-93-7D-6-4H, t3/14; cum 110K 11/15;
24171, PNC, Petro-Hunt,
24170, PNC, Petro-Hunt,
24168, PNC, Petro-Hunt,
24167, PNC, Petro-Hunt,
23507, 520, HRC, Fort Berthold 152-93-17D-08-5H, t7/13; cum 269K 12/15; 
23506, 1,758, HRC Fort Berthold 152-93-17D-08-6H, t9/13; cum 235K 12/15;
23505, 2,147, HRC, Fort Berthold 152-93-17D-08-7H, t9/13; cum 197K 12/15;
23799, 1,132, MRO, Darrel Quale USA 14-16H, t12/12; cum 194K 12/15;

2011
22090, 1,085, HRC, Fort Berthold 152-93-17C-08-4H, t1/13; cum 203K 11/15;
21807, 1,349, HRC, Fort Berthold 152-93-9C-10-6H, t5/14; cum 110K 11/15;
20458, 555, HRC, Fort Berthold 152-93-17C-08-3H, t1/13; cum 175K 11/15;
20269, 574, HRC, Fort Berthold 152-93-17C-08-2H, t6/11; cum 308K 11/15;
21805, 1,362, HRC, Fort Berthold 152-93-9C-10-5H, t5/14; cum 194K 11/15;
21803, 1,467, HRC, Fort Berthold 152-93-9C-10-4H, t5/14; cum 223K 11/15;
21802, 741, HRC, Fort Berthold 152-93-9C-10-3H, t11/12; cum 210K 11/15;
21801, 1,206, HRC, Fort Berthold 152-93-9C-10-2H, t11/12; cum 236K 11/15;
21800, 1,584, HRC, Fort Berthold 152-93-9C-10-1H, t11/12; cum 228K 11/15;
21653, 502, HRC, Fort Berthold 152-93-18B-19-3H, t9/12; cum 300K 12/15; only one day in 12/15;
21652, 237, HRC, Fort Berthold 152-93-18B-19-2H, t9/12; cum 206K 12/15; off-line all of 12/15;

2010
19251, 406, MRO, Quale USA 31-20H, t2/11, cum 165K 11/15;

2009
18446, 118, HRC, Fort Berthold 152-93-18B-19-1H, t9/12; cum 307K 12/15 (only 3 days in 12/15)

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Four Bears

Four Bears is a small oil field, about 15 sections, inside the reservation, just southwest of the Sanish, and west of the Big Bend, west of the river and/or under it.

It looks like the field is pretty much "owned" by Halcon.

There are two areas of operation in the Four Bears.

One area has two 3-well pads, drilling under the river.

• 21800, 1,584, HRC, Fort Berthold 152-93-9C-10C-1H, t11/12; cum 107K 5/13;
• 21801, 1,206, HRC, Fort Berthold 152-93-9C-10-2H, t11/12; cum 85K 5/13;
• 21802, 741, HRC, Fort Berthold 152-93-9C-10-3H, t11/12; cum 77K 5/13;
• 21803, conf, HRC, Fort Berthold 152-93-9C-10-4H,
• 21805, conf, HRC, Fort Berthold 152-93-9C-10-5H,
• 21807, conf, HRC, Fort Berthold 152-93-9C-10-6H,

A second area is a series of single- or two-well pads, but this is sure to change over time:

• 17363, 591, Enerplus, Four Bears 20-11H, t12/08; cum 94K 5/13;
• 18126, 1,001, HRC, Fort Berthold 152-93-17C-08-1H, t4/10; cum 229K 5/13;
• 20269, 574, HRC, Fort Berthold 152-93-17C-08-2H, t6/11; cum 173K 5/13;
• 20458, 555, HRC, Fort Berthold 152-93-17C-08-3H, t1/13; cum 35K 5/13;
• 22090, 1,085, HRC, Fort Berthold 152-93-17C-08-4H, t1/13; cum 63K 5/13;

Sinopec Refining Throughput Rises > 5% ; Nothing About The Bakken

Platts is tweeting:

China's Sinopec H1 refining throughput rises 5.2% to average 4.69 mil b/d.

I assume this is for the most recent month for which data is available. Without additional data, it's hard to comment on on this, but one has to admit, a 5% increase in refining throughput suggests significant growth.

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Crying, k.d. lang, Roy Orbison