Washington, DC, On-Line Exchanges To Be Delayed Six Weeks

Link here.

Just days away from launch, the District of Columbia's health marketplace is announcing a pretty significant delay.

While the D.C. Health Link will launch a Web site on October 1, shoppers will not have access to the their premium prices until mid-November. The delay comes after the District marketplace discovered "a high error rate" in calculating the tax credits that low- and middle-income people will use to purchase insurance on the marketplace.

The insurance marketplaces, if working as plan, are supposed to spit out an estimate for a tax credit after a shopper enters in some basic information about where she lives and how much she earns. In the District, that won't happen next month. Instead, the eligibility determination will be made "off-line by experts" by early November.

Wells Coming Off Confidential List Thursday; Both WPX And BR Are Reporting Nice Wells

• 22212, 1,474, WPX, George Evans 14-23HZ, Van Hook, t8/13; cum 11K 7/13;
• 23645, 2,926, BR, Lillibridge 24-22MBH 2NH, Johnson Corner, 4 sections; t7/13; cum 9K 7/13;
• 24126, 269, Oasis, Melvin 6093 43-19H, Gros Ventre, t3/13; cum 18K 7/13;
• 24258, DRL, BR, Glacier 14-9TFH, Clear Creek, no production data,
• 24641, DRL, Hess, HA-Nelson 152-95-3328H-5, Hawkeye, no production data,
• 24930, DRL, CLR, Tangsrud 13-1H2, Hayland, no production data,

I assume wells with no production data will go to DRL status for operational reasons.

Eighteen (18) New Permits -- The Williston Basin, North Dakota, USA; Did Statoil Just Report A Record IP?

Active rigs: 186

Eighteen (18) new permits --

• Operators: True (4), Oasis (3), MRO (2), Whiting (2), CLR (2), Fidelity (2), American Eagle, Bakken Hunter, SM Energy,
• Fields: Four Bears (McKenzie), Chateau (Billings), Red Wing Creek (McKenzie), Camel Hump (Golden Valley), Bounty School (Divide), Cottonwood (Mountrail), Indian Hill (McKenzie), Dickinson (Stark), Stanley (Mountrail), Alexandria (Divide)
• Comments: American Eagle has a permit for a wildcat in Divide County

Wells coming off the confidential list were reported earlier; see sidebar at the right.

Four (4) producing wells completed:

• 23992, 5,417, Statoil, Beaux 18-19 7H, Banks, t8/13; cum --
• 23438, 2,464, Statoil, M. Macklin 15-22 7H, Cow Creek, t8/13; cum --
• 25696, 167, Corinthian, Corinthian Lochner 1-4 1H, North Souris, t9/13; cum --
• 25697, 130, Corinthian, Corinthian Berge 12-1 1H, North Souris, t9/13; cum -- 

Statoil's Beaux well looks like it set a new IP record in the Williston Basin Bakken. 

It Appears Statoil Just Reported A Record IP In The Williston Basin

From my FAQ page:

What is the record IP to date in the Williston Basin? 

Statoil reported an IP of 5,417 on September 25, 2013: #23992, Beaux 18-19 7H, Banks oil field.

Statoil reported an IP of 5,387 on July 19, 2013: #23387, Beaux 18-19 4H, Banks oil field. This might be a new record (this is the IP for crude oil only).

The initial production of any well, self-reported by the producer, is becoming less meaningful over time. Having said that, it looks like the record IP for a Bakken well is now 5,200, a Newfield well (July, 2011): 18691, 5,200, NFX, Wisness Federal 152-96-4-2H, Westberg, Bakken.

Statoil reported on July 10, 2013: 23385, 5,070, Beaux 18-19 6H, Banks, t6/13; cum -- ; 7 days to drill the lateral; I did not see completion data; 31 swell packers planned; 

Two earlier wells: a Whiting well which had an IP of 4,761 boepd: file #17612, 4,761 boepd IP, Whiting, Maki 11-27H, Mountrail County, Sanish field.  This is still current as of February 20, 2010. Since then, BEXP claims to have set a record with the Sorenson 29-32 1-H, #18654, with a 24-hour flowback of 5,133 bopd. However, the NDIC reported an IP of 2,944. BEXP also reported the Jack Cvancara 19-18 #1H in the Ross project area with a 24-hour flowback of 5,035.

New record in the Bakken, November 3, 2011. The Tarpon Federal 21-4H is a Whiting  Petroleum operated well and had a 24-hour initial production (IP) rate of 7,009 barrels of oil equivalent (BOE), setting a new Williston Basin record for a Bakken well.

Whiting said this was a record TFS well at the time, early 2012, file #20526, Smith 34-12TFH, 2,446, 102K in first 4.5 months.

A corollary: what is the best Bakken well? For 2012, click her.

With regard to the Statoil Beaux wells, so far (September 26, 2013) on this 4-well pad:

A 4-well pad in section 7-152-98:

• 23990, 3,657, Statoil, Beaux 18-19 2TFH, Banks, t8/13; cum --
• 23991, 4,071, Statoil/BEXP, Johnston 7-6 2TFH, Banks,
• 23992, 5,417, Statoil, Beaux 18-19 7H, Banks, t8/13; cum --
• 23993, drl, Statoil/BEXP, Johnston 7-6 7H, Banks,

Random Note: MidAmerican Energy To Buy NV Energy

NV Energy shareholders approve MidAmerican Energy merger: Co announced that NV Energy shareholders approved the previously announced merger agreement providing for the acquisition of NV Energy by MidAmerican Energy Holdings. The transaction, which is expected to be completed in the first quarter of 2014, remains subject to customary closing conditions, including approvals from the Federal Energy Regulatory Commission and the Public Utilities Commission of Nevada.