Thursday, September 21, 2023

MMP -- ONEOK -- End Of An Era -- September 21, 2023

Locator: 45534OKE.

It's called a merger but ONEOK bought MMP (?). Trading begins September 25, 2023.

Link here. 

Link here.



From earlier this year when announced:

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Dividend History



Reminder: Football Tonight -- September 21, 2023

Locator: 45533NFL. 

Reminder: NFL TNF. Amazon Prime Video. Giants vs 49ers. 7:15 central time.

Beer: while shopping in Market Street yesterday, after getting our Covid-19 shots, I checked out the beer aisle. A toast to Leona Woods.

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Leona Woods

From wiki:

Leona Harriet Woods (August 9, 1919 – November 10, 1986), later known as Leona Woods Marshall and Leona Woods Marshall Libby, was an American physicist who helped build the first nuclear reactor and the first atomic bomb.

At age 23, she was the youngest and only female member of the team which built and experimented with the world's first nuclear reactor (then called a pile), Chicago Pile-1, in a project led by her mentor Enrico Fermi.
In particular, Woods was instrumental in the construction and then utilization of geiger counters for analysis during experimentation.
She was the only woman present when the reactor went critical. She worked with Fermi on the Manhattan Project, and she subsequently helped evaluate the cross section of xenon, which had poisoned the first Hanford production reactor when it began operation.

After the war, she became a fellow at Fermi's Institute for Nuclear Studies at the University of Chicago. She later worked at the Institute for Advanced Study in Princeton, New Jersey, the Brookhaven National Laboratory, and New York University, where she became a professor in 1962. Her research involved high-energy physics, astrophysics and cosmology.
In 1966 she divorced John Marshall and married Nobel laureate Willard Libby. She became a professor at the University of Colorado, and a staff member at RAND Corporation. 
In later life she became interested in ecological and environmental issues, and she devised a method of using the isotope ratios in tree rings to study climate change. She was a strong advocate of food irradiation as a means of killing harmful bacteria.

Government Shutdown -- Set For Midnight, September 30, 2023

Locator: 45532S/D.

Shut down:

Link here.

In general, "seniors" unaffected for major sources of compensation but each shutdown is different.

Are "seniors" the largest bloc of voters?

Tech Updates -- September 21, 2023

Locator: 45531TECH. 

Apple iPhone 15 orders: wait time for high-priced / high-end iPhone 15's is greater than the wait time for lower-priced / last year's iPhone 14. Link here. Direct to Barron's here. Positive signs for "15" demand.

Cisco / Splunk: Cisco's biggest acquisition to date. Link here.


Tech acquisitions, link here:

Ukraine poll, link here:

  • support Mike Lee, support Putin, support dictatorship, support violation of borders: 46%
  • support Biden, support US military, support the Pentagon, support Europe, support freedom: 54%

Three New Permits; Three Permits Renewed; Three DUCs Reported As Completed -- September 21, 2023

Locator: 45530B. 

Archived: both the UK and Brazil have signaled they will push-back net-zero emission plans by five years.  Reported in various places over the past couple of weeks.

LNG expansion: Sempra secures FERC approval for Port Arthur LNG expansion. 

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Back to the Bakken

WTI: $89.73.

Active rigs: 32.

Three new permits, #40218 - #40220, inclusive:

  • Operators: Hunt (2); Liberty Resources
  • Fields: Werner (Dunn County); Cottonwood (Mountrail)
  • Comments:
    • Hunt has permits for two Halliday wells, NWNE 24-146-93; 
      • one to be sited 200 FNL and 1720 FEL; 
      • the other to be sited 200 FNL and 1690 fEL
    • Liberty Resources has a permit for a NM well, lot 3, section 18-158-92, 
      • to be sited 348 FNL and 521 FWL

Three permits renewed:

  • XTO: three permits, two in Lost Bridge, Dunn County, Carus State Federal (2); and the third, an Edwards Trust Federal, in Haystack oil field, McKenzie County

Three producing wells (DUCs) reported as completed:

  • 31210, 178, BR,Gladstone 8-1-13MBH,
  • 31258, 102 , BR, Gladstone 8-1-13MBH,
  • 39091, 1,215, CLR, Colette 3-18H,