Sunday, January 1, 2017
Oasis Hellig Trust Wells In Alkali Creek Have Been Updated -- January 1, 2017
The Oasis Helling Trust wells in Alkali Creek have been updated.
Random Update Of A Recently Drilled Tyler Well -- January 1, 2017
Targeting the Tyler formation in the southwest corner of the state. Note the shallow depth and location (in graphic below the spreadsheet. No production decline.
Well Type: OG Well Status: A Status Date: 10/23/2011 Wellbore type: Directional
Location: NWSE 28-138-102 Footages: 2100 FSL 1980 FEL Latitude: 46.736695 Longitude: -103.553664
Current Operator: WILLISTON EXPLORATION, LLC
Current Well Name: VANVIG 1
Elevation(s): 2701 KB 2688 GR 2689 GL Total Depth: 8068 Field: TRACY MOUNTAIN
Spud Date(s): 7/27/2011
Completion Data
Pool: TYLER Perfs: 7938-7942 Comp: 10/23/2011 Status: AL Date: 7/31/2012
Cumulative Production Data
Pool: TYLER Cum Oil: 52201 Cum MCF Gas: 4293 Cum Water: 48231
Production Test Data
IP Test Date: 7/31/2012 Pool: TYLER IP Oil: 30 IP MCF: IP Water: 42
Production profile for only the last year; this well has shown no production decline since being completed. This well is a directional well, not a horizontal, and it was not fracked.
- 18216, 30, Williston Exploration, LLC, Vanvig 1, Tracy Mountain oil field, t7/12; cum 52K 11/16;
Well Type: OG Well Status: A Status Date: 10/23/2011 Wellbore type: Directional
Location: NWSE 28-138-102 Footages: 2100 FSL 1980 FEL Latitude: 46.736695 Longitude: -103.553664
Current Operator: WILLISTON EXPLORATION, LLC
Current Well Name: VANVIG 1
Elevation(s): 2701 KB 2688 GR 2689 GL Total Depth: 8068 Field: TRACY MOUNTAIN
Spud Date(s): 7/27/2011
Completion Data
Pool: TYLER Perfs: 7938-7942 Comp: 10/23/2011 Status: AL Date: 7/31/2012
Cumulative Production Data
Pool: TYLER Cum Oil: 52201 Cum MCF Gas: 4293 Cum Water: 48231
Production Test Data
IP Test Date: 7/31/2012 Pool: TYLER IP Oil: 30 IP MCF: IP Water: 42
Production profile for only the last year; this well has shown no production decline since being completed. This well is a directional well, not a horizontal, and it was not fracked.
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2016 | 30 | 3578 | 3346 | 4290 | 5870 | 5289 | 344 |
| BAKKEN | 10-2016 | 31 | 4710 | 4805 | 4363 | 6417 | 5978 | 200 |
| BAKKEN | 9-2016 | 28 | 4540 | 4692 | 3334 | 5653 | 5465 | 0 |
| BAKKEN | 8-2016 | 31 | 5256 | 5208 | 4197 | 6833 | 6585 | 0 |
| BAKKEN | 7-2016 | 31 | 4614 | 4635 | 4663 | 6356 | 6111 | 0 |
| BAKKEN | 6-2016 | 30 | 4750 | 4886 | 4725 | 5917 | 5677 | 0 |
| BAKKEN | 5-2016 | 31 | 5804 | 5661 | 6230 | 7198 | 6950 | 0 |
| BAKKEN | 4-2016 | 29 | 5579 | 5814 | 5153 | 6718 | 6499 | 0 |
| BAKKEN | 3-2016 | 31 | 6747 | 6953 | 7117 | 8571 | 8173 | 150 |
| BAKKEN | 2-2016 | 29 | 5924 | 5847 | 6227 | 6850 | 6253 | 365 |
| BAKKEN | 1-2016 | 31 | 6643 | 6095 | 8906 | 7196 | 6698 | 250 |
| BAKKEN | 12-2015 | 16 | 2236 | 2089 | 4494 | 2318 | 2215 | 0 |
Nice Production After Being Returned To Status -- January 1, 2017
Production profile for:
Note increase in production from 2,000 bbls/oil/month back in 2015. It was taken of-line for a number of months while a neighboring well was being fracked.
When it came back on-line in 11/16, production jumped four-fold to over 8,000 bbls oil/ month.
- 20629, 929, CLR, Patterson 1-13H, Camp, t10/11; cum 278K 1/17; although paperwork is sometimes delayed, the scout ticket shows this well as still flowing on its own; not on a pump;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 1-2017 | 31 | 5067 | 5088 | 3280 | 5272 | 4476 | 338 |
| BAKKEN | 12-2016 | 29 | 6662 | 6629 | 3693 | 7341 | 5038 | 1887 |
| BAKKEN | 11-2016 | 28 | 8006 | 7774 | 5605 | 8444 | 6141 | 1873 |
| BAKKEN | 10-2016 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 9-2016 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 8-2016 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 7-2016 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 6-2016 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 5-2016 | 1 | 0 | 0 | 0 | 7 | 7 | 0 |
| BAKKEN | 4-2016 | 21 | 895 | 1422 | 722 | 1103 | 839 | 0 |
| BAKKEN | 3-2016 | 31 | 1991 | 2009 | 1565 | 2702 | 2221 | 0 |
| BAKKEN | 2-2016 | 29 | 2593 | 2454 | 1837 | 3442 | 1937 | 1055 |
| BAKKEN | 1-2016 | 31 | 2841 | 2791 | 1836 | 4048 | 1030 | 2540 |
| BAKKEN | 12-2015 | 18 | 1697 | 1431 | 1750 | 2081 | 1817 | 0 |
| BAKKEN | 11-2015 | 7 | 424 | 702 | 148 | 63 | 0 | 0 |
| BAKKEN | 10-2015 | 28 | 3450 | 3664 | 1518 | 805 | 0 | 371 |
| BAKKEN | 9-2015 | 14 | 2004 | 1329 | 1681 | 392 | 0 | 180 |
| BAKKEN | 8-2015 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 7-2015 | 8 | 443 | 914 | 425 | 1161 | 366 | 674 |
| BAKKEN | 6-2015 | 30 | 1897 | 1692 | 1411 | 4112 | 1810 | 1837 |
| BAKKEN | 5-2015 | 31 | 2110 | 2064 | 1634 | 4859 | 3690 | 690 |
| BAKKEN | 4-2015 | 30 | 2209 | 2339 | 1705 | 4238 | 507 | 3270 |
| BAKKEN | 3-2015 | 31 | 2380 | 2635 | 1841 | 4399 | 298 | 3620 |
| BAKKEN | 2-2015 | 28 | 2207 | 2306 | 1647 | 3980 | 376 | 3180 |
| BAKKEN | 1-2015 | 31 | 2937 | 2686 | 2408 | 3832 | 31 | 3320 |
Note increase in production from 2,000 bbls/oil/month back in 2015. It was taken of-line for a number of months while a neighboring well was being fracked.
When it came back on-line in 11/16, production jumped four-fold to over 8,000 bbls oil/ month.
Happy New Year -- January 1, 2017
Active rigs:
Top stories of 2016
Top stories by month
Top stories of 2015
All top stories (tab at the top)
The Geico Rock Award, 2016.
Chicago homicides (preliminary 2016 totals): 795
This is really, really cool. After I posted the above, I did a google search, energy top ten stories 2016.
This was the first hit: energy trends.
It's interesting that no one -- literally no one -- even mentions the "fact" that the Russians "stole" the election from Hillary as a "top story" of 2016. I suppose it's because anyone paying attention already knew back in 2013 that the Russians were capable of asymmetrical warfare (e.g. cyberwar). The WSJ has the story. My hunch: the president missed that intelligence briefing. [By the way, this is another binary factoid: either the US intelligence network (all 17 agencies according to Hillary) knew about Russia's action before the election but failed to act; or, the US intelligence network was not aware of Russia's cyber attack until after the election. I suppose there is a third possibility: President Obama was told but wanted to see how this would all play out, knowing, in his own words, that Hillary would win anyway.]
From Russia With Love, Matt Monro
2017 should be recognized as the 10th year anniversary of the Bakken boom. The boom began with an EOG well in the Parshall oil field in 2006, but I've always "felt" the boom began in 2007. The second "confirmatory" well was perforated/fracked/completed in March, 2007.
History of the early Bakken: 2004 - 2006.
Brief history of oil production from the Bakken.
Sure bet: new all-time snowfall record will be set, winter, 2016 - 2017. Bismarck only needs 2 inches to beat all-time record. Forecast today for Bismarck: 7.5 inches. Williston, almost 7".
February 21, 2017: a long essay on New York City's new Second Avenue subway.
Newest subway in NYC opened today, Sunday, January 1, 2017 -- Second Avenue Subway
nearly a century to build; runs from the Upper East Side in Manhattan to Coney Island in Brooklyn; three new stations opened today
| 1/1/2017 | 01/01/2016 | 01/01/2015 | 01/01/2014 | 01/01/2013 | |
|---|---|---|---|---|---|
| Active Rigs | 39 | 60 | 170 | 185 | 183 |
****************************************
Top Stories
Top stories of 2016
Top stories by month
Top stories of 2015
All top stories (tab at the top)
The Geico Rock Award, 2016.
Chicago homicides (preliminary 2016 totals): 795
*********************************
Others
This is really, really cool. After I posted the above, I did a google search, energy top ten stories 2016.
This was the first hit: energy trends.
#1: Donald Trump wins presidency (this was also my first choice)It looks like oilprice.com has not yet posted its top ten list for 2016.
#2: OPEC agrees to production cuts (at top of my list also)
#3: DAPL: ditto
#4: coal bankruptcies -- I did not mention coal at all on my long list
#5: oil and natural gas prices bottomed: premature, but probably accurate;
***************************
Parting Shot
It's interesting that no one -- literally no one -- even mentions the "fact" that the Russians "stole" the election from Hillary as a "top story" of 2016. I suppose it's because anyone paying attention already knew back in 2013 that the Russians were capable of asymmetrical warfare (e.g. cyberwar). The WSJ has the story. My hunch: the president missed that intelligence briefing. [By the way, this is another binary factoid: either the US intelligence network (all 17 agencies according to Hillary) knew about Russia's action before the election but failed to act; or, the US intelligence network was not aware of Russia's cyber attack until after the election. I suppose there is a third possibility: President Obama was told but wanted to see how this would all play out, knowing, in his own words, that Hillary would win anyway.]
*******************************
Looking Forward ... but a little history first
2017 should be recognized as the 10th year anniversary of the Bakken boom. The boom began with an EOG well in the Parshall oil field in 2006, but I've always "felt" the boom began in 2007. The second "confirmatory" well was perforated/fracked/completed in March, 2007.
History of the early Bakken: 2004 - 2006.
Brief history of oil production from the Bakken.
*******************************
Looking Forward
Sure bet: new all-time snowfall record will be set, winter, 2016 - 2017. Bismarck only needs 2 inches to beat all-time record. Forecast today for Bismarck: 7.5 inches. Williston, almost 7".
************************
Other News
Updates
February 21, 2017: a long essay on New York City's new Second Avenue subway.
Original Post
nearly a century to build; runs from the Upper East Side in Manhattan to Coney Island in Brooklyn; three new stations opened today
Saturday, December 31, 2016
Gasoline To Increase In Price In Mexico; Then Based On Market -- December 31, 2016
Updates
January 2, 2016: as usual, the MDW blog is foreshadowing what the New York Times will be reporting. The credit goes to the readers who send me the links.
The New York Times is reporting that Mexicans are protesting the increase in the price of gasoline:
Small groups of protesters blockaded some roads and gasoline stations in Mexico on Monday to protest a government price deregulation that sent the price of fuel up by as much as 20 percent over the weekend.
One group blockaded a privately owned gasoline station on Mexico City's main boulevard, shouting: "The people, united, will never be defeated!"
"This will increase the cost of living for all Mexicans. It will make more expensive transportation, basic food stuffs, food, and it will ultimately hit Mexican families," said Rafael Sotocruz, a nurse who was protesting at the station.
On a busy highway leading into the capital from the west, another group blocked traffic and held up a banner reading "Enough already!"
Original Post
Mexicans are bracing to kickstart the New Year on a sour note, with protests planned against the government's huge hike in gasoline prices.
President Enrique Pena Nieto has promised that fuel prices will fall thanks to his landmark 2014 energy reform, which ended a seven-decade-old monopoly held by the state-run firm Pemex.
The government plans to end subsidies and let the market dictate prices in March, but Mexicans will feel the pinch at the pump before they start falling.
The finance ministry announced Tuesday that the price of gasoline would increase by as much as 20.1 percent to 0.88 dollars per liter on January 1, while diesel would rise by 16.5 percent to 0.83 dollars.
The price ceiling will be adjusted daily from February 18, before letting supply and demand determine them in March.
- A gallon = 3.78541 gallons. More or less.
- $0.81 x 3.78541 = $3.33 / gallon.
We're paying about $2.20/gallon here in the DFW, Texas, area.
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