Hubbert Peak Theory. Corollary: M. King Hubbert Never Visited North Dakota -- July 24, 2022

This well was drilled in 1993. a vertical, non-Bakken well. Note the jump in production in May, 2022. Actually the production jump began a month earlier, in April, 2022, but was taken off line due to the April blizzard. The 7,976 bbls over nineteen days in April extrapolates to 12,594 bbls over 30 days. Pretty good for a vertical well drilled 29 years ago. 

See if you notice something else interesting about this well.

The well:

• 13447, 419, ConocoPhilips, Dickinson-Lodgepole Unit 74, Dickinson, t2/93; F; cum 3.215588 million 8/19; cum 3.32 million bbls 5/22;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
LODGEPOLE	5-2022	31	8674	8643	23496	5929	5929	0
LODGEPOLE	4-2022	19	7976	7838	9922	4128	4128	0
LODGEPOLE	3-2022	4	398	423	1859	102	102	0
LODGEPOLE	2-2022	24	2211	2287	11758	815	815	0
LODGEPOLE	1-2022	30	2748	2680	13808	1028	1028	0
LODGEPOLE	12-2021	30	2559	2551	15738	1120	1120	0
LODGEPOLE	11-2021	29	2433	2440	16130	1224	1224	0
LODGEPOLE	10-2021	30	2763	2762	17459	1473	1473	0
LODGEPOLE	9-2021	29	2543	2543	18836	1308	1308	0
LODGEPOLE	8-2021	30	2392	2439	19719	1341	1341	0
LODGEPOLE	7-2021	30	2530	2484	21701	1605	1605	0

The Boys With A New Sewing Machine -- July 24, 2022

Our younger daughter has an incredible crafts room including a "long arm" for quilting and computer-assisted sewing machines. Always on the lookout for good deals, the family found a sewing machine at a yard sale over the weekend. It would have been perfect for the boys, even if it didn't work, but it was priced above what the boys wanted to pay, at $10.

So, they started to walk away when the seller said she didn't want to drag it back into the house so they could have it for eight dollars.

The boys turned two years old earlier this year.

First step: remove the needle, which has been done.

Second step: inspection.

Third step: oil it.

I'm sure there will be more to follow. 

 

Not One Well Coming Off Confidential List This Next Week Will Be Reporting Any Initial Production -- July 24, 2022

The wells:

• 38169, conf, CLR, LCU Foster FIU 6-28H1, Long Creek, no production data,
• 38701, conf, Summit Carbon Solutions, LLC, Slash Lazy H 5, Wildcat, lot 1 section 6-142-86;
• 38168, conf, CLR, LCU Foster FIU 5-28H1, Long Creek, no production data,
• 37009, conf, CLR, LCU Reckitt Federal 3-22H1, Long Creek, no production data,
• 38610, conf, CLR, Bang FIU 14-4HSL, Cedar Coulee, no production data,
• 38667, conf, CLR, Bang 4-4H, Cedar Coulee, no production data,
• 38614, conf, CLR, Bang 13-4H1, Cedar Coulee, no production data,
• 38676, conf, CLR, Bang 5-4H1, Cedar Coulee, no production data,
• 37496, conf, Petro-Hunt, State 159-94-25A-36-2H, East Tioga, no production data,
• 37497, conf, Petro-Hunt, State 159-94-25A-36-3H, East Tioga, no production data,
• 38675, conf,  CLR, Bang 6-4H, Cedar Coulee, no production data,
• 37498, conf, Petro-Hunt, State 159-94-25A-36-1HS, East Tioga, no production data,
• 32113, conf, Slawson, Armada Federal 1 SLH, Big Bend, no production data,

Of The Next Thirteen Wells Coming Off Confidential List, Eight Are CLR Wells -- July 24, 2022

Wednesday, August 3, 2022: 2 for the month, 33 for the quarter, 372 for the year

• None.

Tuesday, August 2, 2022: 2 for the month, 33 for the quarter, 372 for the year

• 38169, conf, CLR, LCU Foster FIU 6-28H1,

Monday, August 1, 2022: 1for the month, 32 for the quarter, 371 for the year

• 38701, conf, Summit Carbon Solutions, LLC, Slash Lazy H 5,

Sunday, July 31, 2022: 31 for the month, 31 for the quarter, 370 for the year

• 38168, conf, CLR, LCU Foster FIU 5-28H1,

Saturday, July 30, 2022: 30 for the month, 30 for the quarter, 369 for the year

• 37009, conf, CLR, LCU Reckitt Federal 3-22H1,

Friday, July 29, 2022: 29 for the month, 29 for the quarter, 368 for the year

• 38610, conf, CLR, Bang FIU 14-4HSL,

Thursday, July 28, 2022: 28 for the month, 28 for the quarter, 367 for the year

• 38667, conf, CLR, Bang 4-4H,

Wednesday, July 27, 2022: 27 for the month, 27 for the quarter, 366 for the year

• 38614, conf, CLR, Bang 13-4H1,

Tuesday, July 26, 2022: 26 for the month, 26 for the quarter, 365 for the year

• 38676, conf, CLR, Bang 5-4H1,
• 37496, conf, Petro-Hunt, State 159-94-25A-36-2H,

Monday, July 25, 2022: 24 for the month, 24 for the quarter, 363 for the year

• 37497, conf, Petro-Hunt, State 159-94-25A-36-3H,

Sunday, July 24, 2022: 23 for the month, 23 for the quarter, 362 for the year

• 38675, conf,  CLR, Bang 6-4H,
• 37498, conf, Petro-Hunt, State 159-94-25A-36-1HS,

Saturday, July 23, 2022: 21 for the month, 21 for the quarter, 360 for the year

• 32113, conf, Slawson, Armada Federal 1 SLH,

My Second Favorite Graph -- Energy Transition -- July 24, 2022

Link here.