Link here.
Some pretty nice wells.
Friday, September 27, 2013
The Newspapers -- Not Much Today
Speaking of O'BamaCare, which we weren't: has anyone commented on the fact that the employer mandate was delayed for one year, until 2015, BUT despite this, most of the corporate world appears to be already moving their employees off company plans and unto the exchanges?
The trend to move employees off company plans and unto exchanges was begun some months ago, before the decision by the president to delay the employer mandate by a year, until 2015.
The top story, front page: on-line health exchanges for small firms hit snags. Does anyone really care?
Nothing of interest. Top story, front page had to do with a radio personality.
$300 million in Detroit aid, but no bailout. Huge story.
The trend to move employees off company plans and unto exchanges was begun some months ago, before the decision by the president to delay the employer mandate by a year, until 2015.
The Wall Street Journal
The top story, front page: on-line health exchanges for small firms hit snags. Does anyone really care?
The Obama administration acknowledged for the first time Thursday that a technological problem is forcing it to delay part of the rollout of the new health-care law, saying insurance exchanges won't be ready to accept online applications from small businesses when the program launches Tuesday.
With less than five days left to debug the sprawling new computer system, there are other signs of trouble: People close to the situation are also skeptical the online marketplaces for individual customers will be fully ready. The administration said it was confident they would open on time.Fix, don't repeal.
Sen. Mary Landrieu, facing the prospect of a tough race next year, is squarely behind the Affordable Care Act—up to a point. "It needs to be fixed, not repealed," she said.O'Bama's legacy: the adorable care act:
Democrats overwhelmingly oppose Republican efforts to defund or delay the law, which the GOP wants to attach to must-pass fiscal measures. At the same time, many are eager to find ways to improve it, opening a small chink in a unified Democratic position that will be tested in coming days.
President Barack Obama long has pointed to the Oct. 1 rollout of the Affordable Care Act's exchanges as a consequential date for the country.
It also is a pivotal moment in his presidency, as the effectiveness of the law likely will shape how history views the Obama administration. While Republicans and Democrats diverge on the merits of the legislation that has come to be known as Obamacare, many from both parties say the president's legacy is on the line.
With the enrollment date approaching and support for the health law lagging in the polls, the administration is starting a sustained effort to make the case for its benefits, deploying the president, first lady, vice president, cabinet officials and an array of celebrities.The UN decision on Syria couldn't possibly be weaker; no links; story everywhere.
The Los Angeles Times
Nothing of interest. Top story, front page had to do with a radio personality.
The New York Times
$300 million in Detroit aid, but no bailout. Huge story.
Two months after Detroit became the largest city ever to file for bankruptcy, top Obama administration officials will be there on Friday to propose nearly $300 million in combined federal and private aid toward a Motown comeback — only a fraction of the billions the city owes and a reflection of the budget and political limits on President Obama.
So with the chances that Congress would pass any legislation for Detroit “somewhere between zero and zero,” as an administration official put it, Mr. Obama has fallen back on what he can do through executive actions, with available money and tax credits, or through partnerships with local businesses and foundations.
Friday Morning Links, Views, And News; Huge New Increase In Water Needs Noted; Waiving The Government Shutdown; Global Coolling Crisis
Active rigs: 184
RBN Energy: last in a series on shale gas production economics model results.
Futures: DOW down 50 points; oil down 60 cents.
I seldom update the "Big Stories." The update today reminds us how severe the energy crunch is in Japan.
North Dakota daily oil production will double by 2017 -- Director, NDIC.
I did not remember this post from May 31, 2013 -- a reader brought it to my attention: "Imagine what Statoil could do if the CEO had a sense of urgency." The reader noted that post in light of the recent record-breaking IP Statoil reported.
Government shutdown? I was going to do a poll on whether the US govt would shut down, but CNN says it is unlikely. That's good enough for me. If CNN says it, it must be true.
Most likely: technically the US would have to shut down at midnight September 30, at the end of the fiscal year but the president has done it before and could do it again: waive that requirement for a few hours if a deal looked like it was in the works.
But this raises the obvious question: if he can waive a government shutdown for a few hours, can he waive it for 24 hours? If so, can he waive it for 72 hours? If so, can he waive it for a week? How long can he waive a government shutdown.
But I do believe he will waive it at least 72 hours, perhaps as long as a week. September 30 is Monday. He could say give Congress to the end of the "week" whatever that means -- Jewish week, Muslim week, Christian week? The Sabbath of each falls on a different day: Saturday, Friday, Sunday, respectively.
Three articles on global cooling:
RBN Energy: last in a series on shale gas production economics model results.
Futures: DOW down 50 points; oil down 60 cents.
I seldom update the "Big Stories." The update today reminds us how severe the energy crunch is in Japan.
North Dakota daily oil production will double by 2017 -- Director, NDIC.
I did not remember this post from May 31, 2013 -- a reader brought it to my attention: "Imagine what Statoil could do if the CEO had a sense of urgency." The reader noted that post in light of the recent record-breaking IP Statoil reported.
***********************************
Government shutdown? I was going to do a poll on whether the US govt would shut down, but CNN says it is unlikely. That's good enough for me. If CNN says it, it must be true.
Most likely: technically the US would have to shut down at midnight September 30, at the end of the fiscal year but the president has done it before and could do it again: waive that requirement for a few hours if a deal looked like it was in the works.
But this raises the obvious question: if he can waive a government shutdown for a few hours, can he waive it for 24 hours? If so, can he waive it for 72 hours? If so, can he waive it for a week? How long can he waive a government shutdown.
But I do believe he will waive it at least 72 hours, perhaps as long as a week. September 30 is Monday. He could say give Congress to the end of the "week" whatever that means -- Jewish week, Muslim week, Christian week? The Sabbath of each falls on a different day: Saturday, Friday, Sunday, respectively.
***********************************
Three articles on global cooling:
- Flat earthers say deniers misinterpret data. -- Bloomberg
- Climate scientist warns of global-cooling crisis; he needs to put together a PowerPoint presentation that the flat earth society can understand
- Huge increase in Arctic ice coverage in past eight days
Another Proposal To Reduce Natural Gas Flaring
The Dickinson Press is reporting:
A Duluth, Minn., energy company announced Wednesday it plans to create an energy corridor that could efficiently transport oil and natural gas produced in North Dakota and reduce natural gas flaring.
ALLETE, an energy company that has a 465-mile electrical transmission line from central North Dakota to Duluth, said it plans to work with other energy companies to locate pipelines along its existing right-of-way.
ALLETE officials made the announcement from the North Dakota Capitol on Wednesday with Gov. Jack Dalrymple and members of the EmPower North Dakota Commission.
No specific projects have been proposed, but the energy corridor could accommodate several pipelines for transporting oil or natural gas, as well as wastewater and carbon sequest-ered from fossil fuel.My understanding is that one needs to put processing plants in place before putting natural gas into pipelines that enter the "national grid." In other words, more than just a new pipeline is needed to reduce flaring, but I could be wrong.
Lessons Learned: Water Is Also Necessary For Bakken Well Maintenance
This is a good news and a bad news story. The details are now just emerging. The Dickinson Press is reporting:
... a new need for water — for well maintenance.
The need for fracking water is well-known, he said. “But what we’re beginning to realize is that these Bakken wells will need freshwater for maintenance over their life.”
Operators are finding that when salt precipitation in wellbores causes production decline, it can be solved by putting freshwater down the well weekly, Helms said.
When that is factored into water use projections, maintenance water use exceeds frac water use.
“So we’re in the process of trying to find a way to recycle … produced water safely so that we can use produced water for fracking and save our freshwater resources for maintenance,” Helms said.
Some comments:Billings County highway superintendent Jeff Iverson said both the water use and oil production projections were “staggering.”
- availability, per se, of water is not an issue in the Bakken; delivering water is an issue
- more water --> more jobs
- more water --> increased expenses
- either more pipelines to bring water to wells or more trucks on the highway
- increased productivity with minor tweaking; decelerating the decline curve
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