Saturday, January 11, 2020

Notes From All Over, Part 1 -- January 11, 2020

Refinery: not looking good. Google planned refinery by national park hurt by funding, lawsuits or go to KXNET news.  A reminder:
  • greenfield refinery
  • $800 million 
  • near Theodore Roosevelt National Park 
  • Williston would love to have it
Snow: overnight here in Grapevine.

Autos: quick! Name the #1 selling sedan in the US for the past 14, maybe 15, years. Hint: a member in that same family made the top 10 list also. Name the #1 selling SUV in the US for the past four years for so. I'll come back to this. I heard this on the radio while driving into work this morning -- I need to confirm. We'll see. Answers here.

Real estate: Charlie Sheen bought California mansion for $7.2 million 2006; apparently sold the mansion this past week to an undisclosed buyer for $6.6 million. He had been asking for $10 million; was on the market for two years. 

Recommendation: if you are an investor, and like to trade/invest on-line, there are many, many options out there. My personal favorite: Schwab. I am completely blown away by their service -- but, we are fortunate to have a local branch. But I was with Schwab decades before I lived near a brick-and-mortar branch.
One example: no matter how little or how much money I deposit in the local Bank of America, there's generally a hold on it overnight despite the fact that Bank of America owns Merrill Lynch and my ML account is linked to the bank. I've been banking with BofA for decades. On the other hand, when I drop by the Schwab branch, a) there is no standing in line; b) one is greeted with genuine smiles; c) offered coffee (sometimes an accompanying snack); d) the deposit is made in less than a minute; e) a "complete" receipt is returned; and, most amazing, f) the deposit shows up in the account at the same time as one gets the receipt and one can begin trading immediately.

It blows me away.
Okay, enough of this. To the top stories of the week.

Friday, January 10, 2020

We'll Get Around To It When We Get Around To It; Quit Bugging Us --January 10, 2020

The well:
  • 23036, 455, Statoil, Allison 23-14 2TFH, East Fork, no production data; still SI/NC 2/19; t7/19; cum 31K 11/19; 
The permit from back in 2012: approximate date work will start, 02/15/2012.

Sundry forms and other correspondence in the file report;
  • April 16, 2013: formal request to change name of Brigham Oil & Gas L.P., to Statoil Oil & Gas, L.P.
  • May 6, 2013: permit will expire May 31, 2013
  • April 14, 2014: the permit will expire May 16, 2014
  • May 4, 2015: the permit will expire June 2, 2015
  • June 9, 2015: the permit will expire May 31, 2016
  • April 25, 2016: the permit will expire May 31, 2016
  • May 1, 2017: the permit will expire June 2, 2017
  • on/about June 1, 2017: plan to drill
  • May 8, 2017: the permit will expire May 31, 2017; the operator requests to renew the permit for one year
  • on/about July 10, 2017: plan to drill
  • hallelujah! spudded July 18, 2017
  • reached TD: August 28, 2017
  • completion/test: 7/9/2019
  • frack data not in the NDIC file report as of 1/10/2020
Production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-201914484844631891142683505734
BAKKEN10-201900990000
BAKKEN9-201924686372253373874837320134
BAKKEN8-20193098409816600791079010189554
BAKKEN7-20192789528605651601158310692812
BAKKEN6-2019397088082431098159930


1969 -- Music Only -- Nothing About The Bakken

Over at another ad-free, subscription-free, password-free blog, I argue that 1969 was the best year ever for music. Period. Dot. I was reminded of that when I ran across yet another 1969 song that I had not posted (as far as I can remember) on that post of 1969 songs.

From that post:
The top 100 songs of 1969.

There was an 18-month-period, from late 1968 through mid-1970 that clearly had some of the best music ever.  This was the year of Woodstock. The Beatles were still going strong, but touring less, and would soon stop completely.  Led Zeppelin's first two albums, Zeppelin I and Zeppelin II, were released in 1969. The era of "free love" and the uncertainties of the Vietnam War probably contributed to some of this really incredible music.
Speaking of the Vietnam war, I turned 18 in 1969. My lottery draft was July 1, 1970; my lottery number was 103. The highest lottery number called for this group was 125; all men assigned that lottery number or any lower number, and who were classified as available for military service, were called to report for possible induction. I would have been deferred by virtue of being enrolled in college. I was worried that I would be called up before I graduated from college. I was convinced, but wrong, that the war would still be going on when I graduated from college.
The 1969 song that I don't recall having seen on this list before: Laughing by The Guess Who.

Laughing, The Guess Who

Valleri by the Monkees is another example. Released in August, 1968, it fits that 18- to 24- month period.

Valleri, The Monkees

Another not previously mentioned:
  • Indian Lake, The Cowsills, December, 1968
This one was a bit later, but I had not seen it before. Is this not incredible?

Are My Thoughts With You?, Linda Ronstadt

Is there anything Willie Nelson did not sing! Another incredible solo:

The City of New Orleans, The Highwaymen, ft Willie Nelson

It's incredible to see four legends on the stage at one time. Only in America. Only a few super-groups. I suppose one could call the Beatles the first super-group.

Last one. From The Kinks.

I Go To Sleep, Sia

Help Me, Help Me, Help Me, Sail Away, Give Me Two Good Reasons Why I Love To Stay -- A Musical Interlude -- January 10, 2020

Sunny Afternoon, The Kinks
************************
S&P Global Platts Feature:
US Shale Oil Productivity Growth Expected To Slow In Some Basins

Operative words:
  • growth 
  • expected
  • to slow
  • in some basins
The article begins:
The dramatic jump in productivity seen in the early days of the US shale oil boom may be waning, but is likely not over, according to analysts, who expect efficiencies, at least for some plays, to edge higher in 2020.
While productivity is expected to climb, drilling has slowed, and thus shale production gains are expected to slow. In the Delaware Basin in West Texas, for instance, S&P Global Platts Analytics expects crude output to average 1.5 million b/d in December 2020, up 15% on the year. That's down from a 16% gain in December 2019, and a 57% gain in December 2018.
Wells have become increasingly larger as E&P companies have drilled longer laterals, or horizontal legs, and used more proppant – sand and/or water that keep fractures open and facilitate oil and gas flow to the surface.
Deep in the article:
Moreover, improvements, at least in the Permian and Bakken Shale of North Dakota where efficiencies are still rising, will continue for at least another year. 
And:
"In the Bakken, Eagle Ford and DJ Basin [in Colorado], well productivity is observed at or close to all-time highs as of 1H 2019," the report said.
************************************ 
So Put Those Headphones On And Play It Loud ...

Summer Afternoon, Ray Davies

******************** 
Yorkshire

For some reason, this song takes me back to those nights with a most beautiful woman in the pubs in north Yorkshire. Ah, yes, another life, so many decades ago. 

Less Than Two Years Old, This Bruin Fort Berthold Well Goes Over 600,000 Bbls Crude Oil -- January 10, 2020

This well was first mentioned here.

Less than two years old, more than 600,000 bbls of crude oil.

The well:
  • 30541, 4,871, Bruin, Fort Berthold 151-94-26A-35-4H, Antelope, 55 stages; 14.4 million lbs, an incredible well; staggering, t6/18; cum 609K 11/19;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
SANISH11-2019301166211598871436813648624612
SANISH10-2019311409913561889739556319601941
SANISH9-2019301560915638969743255326315859
SANISH8-201931181161812713274509363157514284
SANISH7-201931220252214814986415942347513814
SANISH6-2019191264012693854525159576215748
SANISH5-2019272108020966143204198264035247
SANISH4-201930243952436615743486051391626329
SANISH3-201931318923202918084732304441019011
SANISH2-20192828425283812043753934398336426
SANISH1-201931350233497722366625964017512596
SANISH12-201824241102440516587514312843518516
SANISH11-20182214137142131292422550967610733
SANISH10-201831436914382230933650252755932588
SANISH9-20183052975530445615060629460675677
SANISH8-201831725167240863718906714548039524
SANISH7-201831638006364674543906084289342889
SANISH6-201830953159595967134672113723225562
SANISH5-20181577996657261691392175723178
SANISH4-20180000000