Wednesday, March 29, 2017

The Political Page, T+67 -- March 29, 2017

Brexit. Begins.

Internet privacy. Bye-bye. But the best part of the article is the incredible hyperbole. The quote below was at the very end of an earlier version of this article; it has now moved to near the top of the story:
Advocates for tough privacy protections online called Tuesday’s vote “a tremendous setback for America.”
“Today’s vote means that Americans will never be safe online from having their most personal details stealthily scrutinized and sold to the highest bidder,” said Jeffrey Chester, executive director of the Center for Digital Democracy.
Other people's money. Sweden -- moving back toward a 70% tax bracket.  But this is what amazes me. The US struggles to hit 1% GDP growth, but Sweden:
The government recently flagged that solid finances will be an opportunity to boost welfare spending. It expects the economy to expand 2.6 percent this year, after growing more than 3 percent in 2016 and topping out above 4 percent in 2015 amid a record inflow of refugees.

At 49 Rigs -- March 29, 2017

Active rigs:


3/29/201703/29/201603/29/201503/29/201403/29/2013
Active Rigs493197194188

RBN Energy: market realities weight heavily on the Canadian oil sands.

Tuesday, March 28, 2017

Update On Iraqi Oil Field -- March 28, 2017

For background to this story, see this post

Now, Reuters has an update, and it's not good news for Genel or its investors.

BR Reports Two Completed DUCs -- Two Zephyr Wells In Corral Creek -- March 28, 2017

Active rigs:


3/28/201703/28/201603/28/201503/28/201403/28/2013
Active Rigs493197194186

No wells coming off confidential list Wednesday.

Two (2) producing wells (DUCs) reported as completed:
  • 32001, 361, BR, CCU Zephyr 24-34 TFH, Corral Creek, API 33-025-03018, t2/17; cum --
  • 32002, 2,117, BR, CCU Zephyr 34-34 MBH, Corral Creek, API 33-025-03019, t2/17; cum --