Friday, October 30, 2020

Notes From All Over -- Happy Halloween Eve -- October 30, 2020

Skywatch: I've never had so  much fun as I've had with the "skywatch" app on my smart phone. The app was free and I love it. According to Geoff Simon:

The moon will be full on Halloween, an event which occurs every 19 years. The first full moon after the Harvest Moon is the Hunter's Moon, so named according to the Farmer's Almanac because with leaves falling, crops harvested and the deer fattened, this was the time to hunt. See more here.
Recipes: Cornish hens? Secret ingredient: smoked paprika. 

Target: while shopping for that secret ingredient tonight at the Target store down the street, I was struck by how empty many of the shelves were. It was quite remarkable to say the least and it's hard to suggest it's not due the recent headline stories about Chinese flu being out of control. Whatever you stocked up during the original surge, you may want to re-inventory where you stand. Just saying. 

Happy Halloween: waiting to pick up Sophia at TutorTime earlier today. The table had been full of decorated pumpkins but folks were now taking them home.

Week 44: October 25, 2020 -- October 31, 2020

Top story of the week:  

Most under-reported story:

Top international non-energy story:

Top international energy story:

Top national non-energy story:

Top national energy story:

Top North Dakota non-energy story:

  • New Long X bridge now open; currently two lanes; will eventually be four lanes;

Top North Dakota energy story:
COP getting active in the Bakken; and, here; and, here;

Geoff Simon's top North Dakota energy stories:

  • TR Presidential Library Foundation announced $100 million in commitments;
  • "Pore space" law evolving;
  • Biden victory offers path to shut down DAPL

Operators:

Operations:

Fracking
:

Commentary: 

CLR With A New Permit; EOG Renews Four Permits; WPX Reports One DUC As Completed -- And A Partridge In A Pear Tree -- October 30, 2020

Active rigs:

$35.79
10/30/202010/30/201910/30/201810/30/201710/30/2016
Active Rigs1460685234

One new permit, #37941:

  • Operator: CLR
  • Field: Cedar Coulee (Dunn County)
  • Comments:
    • CLR has a permit for a Bang well in section 32-147-96, 620' FNL and 1050' FEL.

Four permits renewed:

  • EOG: three Hawkeye permits, all in McKenzie County; and, a Van Hook permit in Mountrail County

One permit canceled:

  • MRO: a Wayzetta permit in Mountrail County

One producing well (a DUC) reported as completed:

Re-Posting: Who Controls The Permian? October 30, 2020

Who controls the Permian? Rigzone. 

There’s been an ongoing pendulum swing between majors and independents as the controlling group of the Permian basin’s destiny for many years, but who controls the region now?

Well, according to a new Wood Mackenzie (Woodmac) editorial from the company’s Americas upstream oil and gas research director Benjamin Shattuck, new deals like the Pioneer and Parsley combination are swinging the pendulum from the majors back to the independents “fast”.

“The combined Pioneer/Parsley entity holds almost a million acres in the heart of the Midland Basin,” Shattuck stated in the editorial, which was posted on Woodmac’s website on Tuesday.

“Pioneer is once again a Permian heavyweight. The combined company will produce more regionally than ConocoPhillips and Concho, more than ExxonMobil, and more than Occidental and Anadarko. Considering the massive spending pullbacks of Chevron and ExxonMobil earlier this year, Permian forecasters need to recalibrate their models back to Pioneer’s plans,” Shattuck added in the editorial.

“Even with a lower reinvestment rate than before the deal and the variable dividend not coming into play until 2022, Pioneer will still grow five percent next year,” Shattuck went on to state.

Having read that, now look at COP.  

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Superwoman Making Banana Bread

Two hours later:


Train Wreck In Slow Motion -- The Sports Page -- October 30, 2020

Updates

Later, 2:29 p.m.; just hours after posting the original post, Breitbart posted a survey showing that Americans now consider the old "NBA" the new "BLM." Link here: https://www.breitbart.com/sports/2020/10/29/survey-fans-view-nba-overt-political-thing-not-sport/.

Original Post

BLM: BLM braces for record 40% drop in revenue in 2020 - 2021 season. LeBron may sit out first few weeks (months?). ZeroHedge. 

NFL: watching a train crash in slow motion. Ratings plunge 35% this past Sunday; continues the trend in all major sports. 

Link here: https://www.breitbart.com/sports/2020/10/28/ratings-crash-35-for-sunday-night-football-lowest-week-7-number-since-2011/.


I watch sports talk television in the morning -- "Get Up" and "Final Take" -- and "Pardon the Interruption" in the afternoon -- not once have I heard anyone mention this train wreck. In fact, the commentators continue to show support for the movement. 

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Hold My Beer

From a reader: