Wednesday, October 13, 2021

Snowfall In Black Hills, SD, Past Twenty-Four Hours -- October 13, 2021

Update: totals here.

Updating Three Interesting Slawson Wells In Big Bend -- October 13, 2021

Updating these wells, #35898, #35897, and #35896. 

Two of the three wells have dual parallel laterals, drilled about a year apart from each other;

These wells, on a three-well pad, are interesting in their own right and will be updated elsewhere.

  • 35898, Slawson, Slasher Federal 4-27-22MLH, Big Bend, two laterals, cum 232K 8/21; 
    • 11/19; IP: 752; 
    • 12/20; IP: 760;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2021311852519058311201180727198934
BAKKEN7-2021311991019747381281270936298925
BAKKEN6-2021292029620039511141294833689436
BAKKEN5-2021135421512832022341810872268
BAKKEN4-202125108991124227537692329643833
BAKKEN3-202128125691305643488835450923122
BAKKEN2-2021187357720324657521730472082
BAKKEN1-2021135456508315437382637630
BAKKEN12-20201586448396101085938576794
BAKKEN11-2020149038330241
BAKKEN10-20200000000
BAKKEN9-20200000000
BAKKEN8-202087392769211308539241631188
BAKKEN7-2020312711027507446922022119684384
BAKKEN6-20202168285914191000632358
BAKKEN5-202021090231024646
BAKKEN4-20201196082032270
BAKKEN3-2020171451814178166081158786742830
BAKKEN2-20202919589202053726715635307812412
BAKKEN1-20203126686269963959623395182172153
BAKKEN12-2019261903118245386791469687873731
BAKKEN11-201914700564371113157705784368
  • 35897, 2,116, Slawson, Slasher Federal 5-27-22TFH, one lateral, t12/19; cum 145K 8/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2021311594416587363051367160967420
BAKKEN7-2021311957319350444301691568379924
BAKKEN6-20213018901184155888416280325012882
BAKKEN5-2021463162271082060
BAKKEN4-2021251275112732267321091053855399
BAKKEN3-202193001375710951307413371692
BAKKEN2-202121061003890379
BAKKEN1-202110053500
BAKKEN12-20201135167131133968
BAKKEN11-20200000000
BAKKEN10-20200000000
BAKKEN9-20200000000
BAKKEN8-20200000000
BAKKEN7-20201200500
BAKKEN6-2020119318550718215425
BAKKEN5-2020282023773730
BAKKEN4-20201613400773834
BAKKEN3-2020130859857032027939
BAKKEN2-20202922921234581764920182172632774
BAKKEN1-2020312808528212306522467620650852
BAKKEN12-20192521931205681206919309111595663
  • 35896, Slawson, Slasher Federal 3-27-22MLH, Big Bend, cum 232K 8/21t12/20; IP 868, cum see above, two laterals:
    • t11/19: IP: 1,181,
    • t12/20: IP: 868, 
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2021312422224758363051420957658289
BAKKEN7-2021312759227442441831623767109373
BAKKEN6-20213030197300575626917773487712747
BAKKEN5-2021918451418156151123515561
BAKKEN4-2021261206412328267327890771248
BAKKEN3-2021281736018180373031102796631224
BAKKEN2-2021201863618156430181169742067392
BAKKEN1-202112102049777228286676659423
BAKKEN12-202033039276940181896185229
BAKKEN11-20200000000
BAKKEN10-20200000000
BAKKEN9-20200000000
BAKKEN8-2020217012081100512431097136
BAKKEN7-20203123056228491117417688158811653
BAKKEN6-2020133001451497273
BAKKEN5-20200000000
BAKKEN4-2020171670500
BAKKEN3-20200000000
BAKKEN2-20205301837187046305714351597
BAKKEN1-20203123333236805747423355798412706
BAKKEN12-20192624878241985214125059646815780
BAKKEN11-20191310393971274971050210408277

Updating Several Slawson Wells In Big Bend -- October 13, 2021

In the process of updating the two wells below, I ran across these wells, #35898, #35897, and #35896. Those wells on a three-well pad, are interesting in their own right and will be updated elsewhere.

Previous note:

  • December 16, 2019: #18407, #19404; minimal production, 11/19; see this post; see production over seven days, 6,471 bbls, 12/19;

Let's update these two wells:

  • 18407, 1,012, Slawson, ripper 1022H, Van Hook, t2/10; cum 276K 8/21:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-202131278424675120313916461338
BAKKEN7-202131270028805767305816361267
BAKKEN6-202130276926887868321913591710
BAKKEN5-202118845462578695948822
BAKKEN4-20210000000
BAKKEN3-20210000000
BAKKEN2-20210000000
BAKKEN1-20210000000
BAKKEN12-20200000000
BAKKEN11-20200000000
BAKKEN10-20200000000
BAKKEN9-20200000000
BAKKEN8-20200000000
BAKKEN7-20200000000
BAKKEN6-20200000000
BAKKEN5-20200000000
BAKKEN4-20200000000
BAKKEN3-20200000000
BAKKEN2-20200000000
BAKKEN1-20200000000
BAKKEN12-20190000000
BAKKEN11-20191270030022
BAKKEN10-2019122435500
BAKKEN9-201929140314288082530217462
BAKKEN8-2019311681137010762148174072
BAKKEN7-201912610939400119110617
BAKKEN6-2019301579168282421431372451
BAKKEN5-2019311461131568917041083309
BAKKEN4-20191442836837250630486
BAKKEN3-20193170563240293668423
  • 19404, 1,388, Slawson, Jackknife Federal 1-27H, Van Hook, t3/11; cum 355K 9/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2021293420356942292383220632
BAKKEN7-2021313467330751812420219570
BAKKEN6-2021242586261256851294498676
BAKKEN5-2021218906677735448183161
BAKKEN4-20210000000
BAKKEN3-20210000000
BAKKEN2-20210000000
BAKKEN1-20210000000
BAKKEN12-20200000000
BAKKEN11-20200000000
BAKKEN10-20200000000
BAKKEN9-20200000000
BAKKEN8-20200000000
BAKKEN7-20201000110
BAKKEN6-20200000000
BAKKEN5-20201000500
BAKKEN4-202015169022017
BAKKEN3-20200000000
BAKKEN2-20200000000
BAKKEN1-20201460020010
BAKKEN12-2019764716220939028681268876
BAKKEN11-2019154705429135
BAKKEN10-2019004320000
BAKKEN9-20192923332493774178313900
BAKKEN8-201921315125509812314184922

CLR With Two New Permits -- A Whitman FIU (Oakdale) And Bang (Cedar Coulee) -- October 13, 2021

ISO NE: link here.

  • beautiful, balmy day in early autumn
  • electricity spikes to $110 / MWh
  • currently, mid-afternoon, $70 / MWh
  • could be, should be <$15 / MWH

ISO NE, later, late afternoon -- but before the dinner hour -- electricity spikes to $80 / MWh;

  • natural gas: meeting 77% of demand;
  • nuclear: meeting 10% of demand;
  • renewable energy meeting only 5% of demand;
  • expensive Canadian hydroelectricity is now covering demand; meeting 8% of demand;

Buy now, pay later: for those who have forgotten --

Afterpay is best known for its "pay later" service that allows in-store and online customers to purchase a product immediately and pay for it later with four equal repayments. The repayments are interest-free, but if they are not paid every two weeks as required, late fees are accrued.

Firestone has provided this service for years (decades?). Firestone "credit card" new expenses are interest free for six months but start accruing interest responsibilities after that. But doing this across the board, like Afterpay, is pretty clever. 

**************************
Back to the Bakken

Active rigs:

$80.46
10/13/202110/13/202010/13/201910/13/201810/13/2017
Active Rigs2914586759

Four new permits, #38613 -- #38616, inclusive:

  • Operators: CLR (2); Hunt (2);
  • Fields: Oakdale (Dunn); Cedar Coulee (Dunn); Werner (Dunn)
  • Comments:

One permit canceled:

  • 29794, Halliday 146-93-25-36H-3, Dunn County;

One producing well (a DUC) was reported as completed today:

  • 37031, 464, Whiting, KR STate 13-16TFHU, Mountrail County

Flaring Solutions In The Bakken -- October 13, 2021

Flaring solutions in the Bakken, catalysts:

  • ESG;
  • ND state's tax credit to encourage less flaring.

Link to The Williston Herald. Archived.

****************************
We're Being Played

Link here.

Anybody who believes that the Biden administration is truly concerned about high gasoline prices is being played. 

One doesn't need internal polling to show Americans are deeply concerned about price of gasoline and inflation.

"Let's go Brandon."

Right now, if Americans are placing the blame on anyone, it's Resident Biden -- based on his low polling. Right, wrong, or indifferent the Biden administration knows they need to get that monkey off their collective back and onto someone's else back.

Trump is out of the picture (sort of) so the administration needs to look for another scapegoat. 

Headline: President Bidens asks Big Oil for help. 

Translation: if prices don't drop, blame Big Oil.

From the link above:

If "I" were Big Oil, my opening gambit:

  • "Mr President, is the Keystone XL back on the table?"