How Bored Are Americans With The Democrat Party Debates? -- December 19, 2019

Yes, I realize it's still early -- 9:47 p.m. ET, December 19, 2019, but certainly there's been enough time for folks to have seen enough of the debate to make up their minds. But here it is, 9:47 p.m. ET and all of 111 people have voted over on Drudge.

One hundred eleven people. You have got to be kidding.

This is an interesting data point:

And it looks like the first time the US has ended with an impeachment and no trial.

XTO's Injectivity Tests In Bear Creek -- December 19, 2019

From the January, 2020, NDIC hearing dockets. 

These are cases, not permits, in Bear Creek:

• 28243, XTO, Bear Creek-Bakken, Werre Trust 44X-34G, #29673, injectivity test of that well; Dunn County;
• 28244, XTO, Bear Creek-Bakken, Werre Trust 44X-34C, #29672, injectivity test of that well; Dunn County;
• 28245, XTO, Bear Creek-Bakken, Werre Trust 44X-34H, #18294, injectivity test of that well; Dunn County;
• 28246, XTO, Bear Creek-Bakken, Werre Trust Federal 14X-34AXB, #32479, injectivity test of that well; Dunn County;
• 28247, XTO, Bear Creek-Bakken, Werre Trust Federal 44X-34D, #29871, injectivity test of that well; Dunn County;
• 28248, XTO, Bear Creek-Bakken, Werre Trust Federal 21X-3F-N, #32367, injectivity test of that well; Dunn County;
• 28249, XTO, Bear Creek-Bakken, Werre Trust Federal 21X-3B-N, #32366, injectivity test of that well; Dunn County;
• 28250, XTO, Bear Creek-Bakken, WerreTrust Federal 14X-34E, #32480, injectivity test of that well; Dunn County;  

The XTO Werre Trust and Werre Trust Federal wells are tracked here. 

If one googles XTO oil injectivity test one will find any number of PDF research papers. It sounds like the jury is still out regarding "injectivity." It will be interesting what XTO "discovers." Not sure yet if this will be CO2 or natural gas injection. My hunch it is the latter, natural gas.

Notes From All Over, Part 1 -- Yesterday, He Was A Clear And Dangerous Threat To US Security -- Today, Simply An Impeached President Who May Never Stand Trial -- December 19, 2019

Politics: now we know why the US House rushed through the Articles of Impeachment as fast as they did. LOL. Members had to catch planes to get home for the holidays. Less than 24 hours after voting to impeach the president -- said to be a clear and dangerous threat to US security -- the chairperson pockets the articles; obfuscates her intentions; and, the US House adjourns for the year. The US Senate, not getting the articles from the US House, also adjourned for the year. Except for an impeached judge about a decade ago, this is unprecedented, that a call for impeachment did not lead directly to immediate trial. Yesterday the US House found Trump so dangerous to national security, they impeach him; today they go on break for at least two weeks. Am I spelling "hypocritical" correctly? I've never seen the nation treated so shabbily by the lower house.

Christmas, Baby Please Come Home, Darlene Love
Two hours of Darlene Love and David Letterman: link here. Thank goodness for YouTube, the "Smithsonian" for music, movies, and television.

Market: all three major indices hit new all-time highs.

Student debt, national: two data points I heard today -- and an observation --

• the data points
• 44 million Americans hold $1.5 trillion in student debt
• an undergraduate education is said to be worth $45,000/year in salary (a person with an undergraduate degree on average is said to earn $45,000/year more than a person without an undergraduate degree)
• the observation: 
• back to that first data point: $1.5 trillion / 44 million = $34,000 (average)
• if the "average" college graduate lived like a non-college graduate, for example a person working at McDonald's), the loan could be paid off in one year.

Comment: I don't have a dog in this fight. I no longer care one way or the other but it sure is fun to see how folks get so worked up over something so trivial in the big scheme of things. Things that seem a bit more important perhaps. Homelessness. Opiod crisis. Affordable and accessible health care for all.

Twenty Permits Renewed; Newfield With Six New Permits; Relentlessly, WTI Keeps Climbing, Albeit In Very Small Steps -- December 19, 2019

Active rigs:

$61.04	12/19/2019	12/19/2018	12/19/2017	12/19/2016	12/19/2015
Active Rigs	53	68	54	41	64

Six new permits, #37272 - #37277, inclusive --

• Operator: Newfield
• Field: Siverston (McKenzie County)
• Comments:  
• Newfield has six permits in section 21-150-97, Siverston oil field

Two permits reinstated:

• Whiting (2): two Klose permits in McKenzie County;

Twenty permits renewed:

• NP Resources (6): six Roosevelt Federal permits in Billings County;
• CLR (6): six Chloe permits, Williams County;
• Petro Harvester (3): a Miller permit and two LIG1 permits, all in Burke County;
• BR (2): a Manchester permit, Dunn County; and, an Ole permit, McKenzie County;
• Lime Rock Resources III-1, LP (2): a Kary permit and a State permit, both in Dunn County;
• Whiting: a Green permit, McKenzie County;

January, 2020, Hearing Dockets Are Posted

The NDIC hearing dockets are tracked here.

Link here.

The usual disclaimer applies. As usual this is done very quickly and using shorthand for my benefit. There will be factual and typographical errors on this page. Do not quote me on any of this. It's for my personal use to help me better understand the Bakken. Do not read it. If you do happen to read it, do not make any investment, financial, job, relationship, or travel plans based on anything you read here or think you may have read here. If this stuff is important to you, and I doubt that it is, but if it is, go to the source.

Wednesday, January 15, 2020

Four Pages 

The cases:

• 28193, Bruin, Elm Tree-Bakken, twelve wells on a 1280-acre unit, sections 28/33-153-93; McKenzie, Mountrail counties
• 28194, BR,Twin Valley-Bakken, one well on an existing 1280; a reduced-length lateral (only section 17; won't penetrate section 20-152-97; McKenzie;
• 28195, Oasis, revoke an Equinor permit, #37207, Williams County
• 28196, Hess, commingling,
• 28197, Hess, commingling,
• 28198, Hess, commingling,
• 28199, Oasis, pooling,
• 28200, MRO,  commingling,
• 28201, MRO, commingling,
• 28202, MRO, commingling,
• 28203, True Oil LLC, flaring, McKenzie County;
• 28204, BR, Little Knife-Bakken, eight wells on a 1280-acre unit, sections 4/9-147-97; Dunn County
• 28205, BR, Little Knife-Bakken, two wells on a 2560-acre unit, Dunn County;

Thursday, January 16, 2020 

Eleven Pages 

The cases:

• 28206, Kraken, to revoke a Whiting permit, #37189, and #37190, Feehan wells; Mountrail;
• 28207, EOG, Squaw Creek-Bakken; establish three overlapping 2560-acre units; two wells on each; McKenzie;
• 28208, EOG, Painted Woods-Bakken; establish an overlapping 2560 unit; two wells on that unit; Williams County;
• 28209, Peregrine Petroleum Partners, Ltd, Rough Rider-Bakken; establish an overlapping 1280-acre unit; three wells on that unit; McKenzie County;
• 28210, CLR, Cedar Coulee-Bakken; exception to field rules; setback rules; Dunn County;
• 28211, CLR, Jim Creek and/or Rattlesnake Point-Bakken; establish two overlapping 3840-acre units; two wells on each; Dunn County;
• 28212, Iron Oil Operating, LLC, Buffalo Wallow-Bakken, thirteen wells on an overlapping 2560-acre unit, section 17/18/19/20 - 148-100, McKenzie County
• 28213, Iron Oil Operating, LLC, Sather Lake-Bakken; establish an overlapping 2560-acre unit; one well; McKenzie County
• 28214, Iron Oil Operating, LLC, Boxcar Butte-Bakken; establish i) an overlapping 1920-acre unit; six wells on that unit; ii) a 1920-acre unit; one well; McKenzie County;
• 28215, WPX, Heart Butte-Bakken, establish an overlapping 640-acre unit; E/2 of section 9 and the W/2 of section 10-149-92; one well; Dunn County;
• 28216, Enerplus, Mandaree-Bakken; setback rules; field rules; Dunn County;
• 28217, K T Enterprises, LLC, treating plant, McKenzie County;
• 28218, K T Enterprises, LLC, SWD well to be utilized for fracture injection into the Broom Creek Formation in a well to b known as the K T Enterprises 34-222 SF1 well, located in section 22-150-96; Johnson Corner field, McKenzie County;
• 28219,KT Enterprises, LLC, 34-22 SF1 well to be drill in section 22-150-96; see case #28218; McKenzie County;
• 28220, WM of ND Energy Disposal Solutions, LLC, treating plant, McKenzie County;
• 28221, WM of ND energy Disposal Solutions, LLC, drilling of a saltwater disposal wells to be utilized for fracture injection into the Dakota Group in a well to be known as the Blue Buttes 1 well to be located in section 35-151-96; Blue Buttes field, McKenzie County;
• 28222, WM of ND Energy Disposal Solutions, LLC, for the Blue Buttes 1 well to be drilled in section 35-151-96; see case #28221; McKenzie County;
• 28223, WM of ND Energy Disposal Solutions, LLC, drilling of a saltwater disposal well to be utilized for fracture injections into the Dakota Group in a well knows as the Blue Butte 2 well; sectio 35-151-96; McKenzie County;
• 28224,  WM of ND Energy Disposal Solutions, commission to determine the amount of bond to be required of WM of ND Energy Disposal Solutions, LLC, for the Blue Buttes 2 well; McKenzie County;
• 28225, legalese, Benjamin J. Larson vs EOG; Liberty 35-1413H, #31429; Mountrail County;
• 28226, Resonance Explortation, pooling,
• 28227, Newfield, pooling,
• 28228, WPX, pooling,
• 28229, Nine Point Energy, pooling,
• 28230, Kraken, Sanish-Bakken, five wells on an existing 1280-acre unit, sections 4/5-153-92; Mountrai County;
• 28231, EOG, commingling,
• 28232, Windridge Operating, LLC, flaring, Lignite-Madison pool, Nelson Unit 1 well, #16220, Burke County;
• 28233, Windridge, flaring, Sandpiper State 35-26 B1H well; #34320, Burke County;
• 28234, Windridge, flaring, Kestrel State 36-25 1H well; #34171; Burke County;
• 28235, Equinor, pooling,
• 28236, Equinor, pooling,
• 28237, CLR, pooling,
• 28238, CLR, pooling,
• 28239, CLR, St Demetrius-Bakken, eight wells on each of two existing 1280-acre units, sections 26/35-141-99; and, 27/34-141-99, Billings County;
• 28240, NDIC commission, Cedar Hills Field, conversion to EOR into the Cedar Hills South and North-Red River "B" units, of the Sophia 34-12NH well, #15319; Bowman County;
• 28241, CLR, Cedar Hills Field, Cedar Hills South and North-Red River "B" units, Sophia 32-12NH, file #15319, section 12-131-107, Bowman County;
• 28242, XTO, Bear Creek-Bakken, Werre Trust Federal 14X-34A, #32481, injectivity test of that well; Dunn County;
• 28243, XTO, Bear Creek-Bakken, Werre Trust 44X-34G, #29673, injectivity test of that well; Dunn County;
• 28244, XTO, Bear Creek-Bakken, Werre Trust 44X-34C, #29672, injectivity test of that well; Dunn County;
• 28245, XTO, Bear Creek-Bakken, Werre Trust 44X-34H, #18294, injectivity test of that well; Dunn County;
• 28246, XTO, Bear Creek-Bakken, Werre Trust Federal 14X-34AXB, #32479, injectivity test of that well; Dunn County;
• 28247, XTO, Bear Creek-Bakken, Werre Trust Federal 44X-34D, #29871, injectivity test of that well; Dunn County;
• 28248, XTO, Bear Creek-Bakken, Werre Trust Federal 21X-3F-N, #32367, injectivity test of that well; Dunn County;
• 28249, XTO, Bear Creek-Bakken, Werre Trust Federal 21X-3B-N, #32366, injectivity test of that well; Dunn County;
• 28250, XTO, Bear Creek-Bakken, WerreTrust Federal 14X-34E, #32480, injectivity test of that well; Dunn County;