Friday, November 29, 2019

Production Data For A CLR Angus Well Recently Coming Off Confidential List -- November 29, 2019

This page won't be updated. The CLR Angus wells are tracked here; and, Angus Federal and other related wells tracked here.

The well:
  • 33965, 2,746, CLR, Angus Federal 6-16H2, Elm Tree, nice production; 37K first full month; 26K in 16 days extrapoloates to almost 50,000 bbls/month;
Production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN10-201931373333763024910610154482516190
BAKKEN9-201916260662530518526433082211421194
BAKKEN8-20190000000
BAKKEN7-20190000000
BAKKEN6-20190000000
BAKKEN5-20194195119511900261502615

The Staggering Bakken -- EIA -- November 29, 2019

Link here.


I'm taking the rest of the night off. Good luck to all. I won't be answering e-mail or comments.

Nothing About The Bakken -- But A Great Soccer/Goalie Video -- November 29, 2019

Yes, goalies can use their paws. 

Link here.

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The Comic Page

Thanksgiving Day in pictures.

Global Warming? Now It's Down To Two Years, Maybe One Year -- November 29, 2019

Updates

December 2, 2019: now it's down to one year. LOL. Link here.  

Original Post 

Did anyone catch this?

Some "experts"  now suggest we have only two years when it comes to global warming.

I cannot make this stuff up.

From S&P Global Platts:
While major economies are yet to commit to extending Paris Agreement commitments, more than 70 countries, 10 regions and 102 cities, including California, New York State, Tokyo and Rio de Janeiro, have committed to work towards net zero emissions status by 2050, according to the UN.

Data gathered by Platts show the vast majority of emissions are focused on energy and transport, where cleaner technologies already exist and, in electricity generation at least, the costs are reaching grid parity after 20 years of support.

"Unless in the next one or two years countries double or triple their pledges and fully implement them, we won't meet Paris, and we will be on a pathway of greater than 2 degrees Celsius with profoundly negative consequences," Watson told the BBC on Wednesday.

"When the US pulls out it will make it harder to make 2 degrees, while sending the signal to the rest of the world that, if one of the richest counties can't be bothered, why should anybody else?" Watson said. [To be more precise, he "asked."]
Two years:
  • double or triple their pledges
  • fully implement them
  • otherwise we are all toast, literally and figuratively
Two years.

This, by the way, will be the issue for the 2020 presidential election: global warming.

Most ridiculous graphic I've seen in years.


The "title": eight major economies ... can anyone name any major economy other than these eight?
  • China: and this is before China starts building those hundreds of new coal plants.
  • US
  • EU
  • India
  • Russia
  • Japan
  • Brazil
  • Indonesia
Oh, I guess there's South Korea, and OPEC.

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Largest Economies In The World

Link here, November 4, 2019:
In 2018, China was the world's largest economy for the fourth year in a row. It produced $25.3 trillion in economic output according to estimates by the International Monetary Fund. It contributed 19% of the world's total gross domestic product of $135.2 trillion.
The European Union was in second place, generating $22 trillion. Together, China and the EU generate 35% of the world's economic output.
The United States remained in third place, producing $20.5 trillion. The world's three largest economies combined produced 50% of the world's total economy.
No other economy is even close to any of these three. The fourth-largest economy was India, producing $10.4 trillion. Japan was fifth, at $5.6 trillion. Germany, the strongest country in the EU, produced $4.4 trillion.
These measurements use purchasing power parity to account for exchange rate changes over time. It also adjusts for government rate manipulation.

WTI Drops 4.6% -- Fourteen Permits Renewed -- November 29, 2019


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Back to the Bakken
Active rigs:

$55.4211/29/201911/29/201811/29/201711/29/201611/29/2015
Active Rigs5766553964

The only item on today's daily activity report was fourteen permit renewals:
  • CLR (5): one Nuthatch permit and one Tanager permit, both in Divide County; two Thronson permits and one Sorenson permit, all three in Mountrail County
  • Petro-Hunt (3): two Hagen permits and one Sabrosky permit, all in Billings County
  • NP (2): two Audrey permits in Golden Valley permit
  • EOG: one Clarks Creek permit in McKenzie County
  • Oasis: one Borden Federal permit in Williams County
  • Enerplus: one Hall permit in McKenzie County
  • RimRock: one Two Shields Butte in Dunn County