Friday, November 8, 2013

A Statoil Re-Entry Well In Alger Field?

Based on its name, this appears to be a re-entry well:
  • 26971, loc, Statoil, Ross-Alger 6-7 7TFH-R, Alger, Lot 4 31-156-92 Footages: 351 FSL 655 FWL
A similarly named well:
  • 26656, conf, Statoil, Ross-Alger 6-7 7TFH, Alger, Lot 4 31-156-92 Footages: 351 FSL 625 FWL
Based on the legal description, it looks like #26971, the R-A 6-7 7TFH-R will be about 30 feet to the east of #26656 (NDIC has not updated the GIS map server showing the new Statoil well):


#26656 is still on the confidential list so we can't see why / what is going on with that well yet. And, of course, I could be completely wrong. Maybe the "R" stands for something completely different; perhaps it stands for "right," as to the "right of the existing well." LOL.

The reason for the doubt, is generally a "re-entry" well is in the same location as the original well, the exact location. In this case, whatever "R" stands for, it is about 30 feet to the east. Whatever. Until it's sorted out, I will add it to the list of "re-entry wells."

By the way, the completed well in the graphic:
  • 22368, 1,697, Statoil, Ross-Alger 6-7 2TFH, Alger, 38 stages; 4 million lbs (sand/ceramic); t7/12; cum 92K 9/13;

Eight (8) New Permits -- The Williston Basin, North Dakota, USA

Active rigs: 182

Eight (8) new permits --
  • Operators: Statoil (3), Fidelity (2), Mountain Divide (1), Petro-Hunt (1), XTO (1)
  • Fields: Fortuna (Divide), Alger (Mountrail), Little Knife (Dunn), Heart Butte (Dunn)
  • Comments: This is Mountain Divide's 8th permit in North Dakota; all are wildcats or in Fortuna oil field; three are actively producing wells
Wells coming off the confidential list were posted earlier; see sidebar at the right.

Six (6) permits were renewed, including three by Statoil and two by CLR.

Three (3) producing wells were completed:
  • 25727, 1,302, Whiting, Brown 42-28XH, Sanish, t10/13; cum --
  • 24795, 556, Slawson, Sail and Anchor 4-13-14HBK, Stockyard Creek, t9/13; cum7K 9/13;
  • 24223, 400, CLR, Hawkinson 4-22H2, Oakdale, t9/13; cum --

Ten Fastest Growing Energy Companies In America

The top ten fastest growing energy companies in America based on revenue numbers for the past four years (current year included). If only three years of data was available then it is a two-year CGR. All rankings are computed from data assessed on June 6, 2013.

Source: S&P Capital IQ/Platts
  • Pacific Rubiales Energy Corp - Canada
  • Pembina Pipeline Corp - Canada
  • HollyFrontier Corp - Texas
  • CLR - Oklahoma
  • Concho Resources - Texas
  • Energy Transfer Equity, LP - Texas
  • EOG Resources, Inc - Texas
  • Denbury Resources Inc - Texas
  • Crescent Point Energy Corp - Canada
  • Buckeye Partners, LP - Texas
http://viewer.zmags.com/publication/0ee4e22c?sf979107=1#/0ee4e22c/56

Record Snowfall In Spokane, Washington, And Sioux Falls, South Dakota

Even all the hot air spewed by Ms Sebelius over the past week could not prevent this: Sioux Falls, SD, and Spokane, WA, set records for snowfall. ClimateDepot is reporting:

RECORD EVENT REPORT… NATIONAL WEATHER SERVICE SIOUX FALLS SD… WED NOV 06 2013
A RECORD SNOWFALL OF 5.7 INCHES WAS SET AT SIOUX FALLS SD YESTERDAY. THIS BREAKS THE OLD RECORD OF 1.5 SET IN 1959.
For Spokane:
Spokane International Airport received 1.9 inches of snow Tuesday, enough to snap a 66-year-old daily record by the slimmest of margins.
The most snow Spokane has officially received on Nov. 5 was 1.8 inches in 1947, according to National Weather Service records.
For the archives. 

For Past Three Weeks, US Crude Oil Production Has Exceeded Oil Imports

Item #4 at this CarpeDiem site from a couple days ago:
For the last three weeks in a row, US crude oil production exceeded oil imports (see chart below). The last time that happened was in February 1995, more than 18 years ago. As US oil production continues to accelerate, the market for oil imports will continue to shrink.
Every time I see these statistics I think of one of the nominees for the 2013 Geico Rock Award. 

Rigzone reports today that the price of gasoline is the lowest in nearly two years, an early holiday gift for US drivers. Thank you Mr. Bakken.