The Tangsrud Wells

Updates

November 27, 2021: in the original post, the name of two wells were "Dolphin." A reader suggests that "the Continental Resources 'Dolphin play'" was (one of) the original locations Harold Hamm first bought into the Bakken forty years ago to see what the Bakken might yield. 

November 27, 2021: This is a lousy well. Does CLR have something in mind for this well?

• 24935, 216, CLR, Tangsrud 7-1H3, Hayland, t10/13; cum 48K 9/19; cum 51K 9/21;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2021	7	154	197	1310	419	332	4
BAKKEN	8-2021	21	458	390	558	899	661	7
BAKKEN	7-2021	1	28	38	4	19	7	0
BAKKEN	6-2021	14	80	114	79	297	134	1
BAKKEN	5-2021	25	153	126	34	545	255	9
BAKKEN	4-2021	30	137	124	3	738	430	1

Original Post

CLR's Tangsrud wells. Fourteen CLR Tangsrud wells in one 1280-spacing unit as of original post, September 20, 2013.

Up in Hayland oil field, far northwest corner of North Dakota, southeast corner of Divide County.

• 24967, 197, CLR, Tangsrud 9-1H, Hayland, middle Bakken, no frack data; t10/13; cum 68K 7/17; 
• 24966, 52, CLR, Tangsrud 10-1H2, Hayland, t3/15; 47K 7/17;
• 24965, 537, CLR, Tangsrud 5-1H, Hayland, t4/14; cum 63K 7/17; 2
• 24964, 390, CLR, Tangsrud 6-1H2, Hayland, t10/13; cum 46K 7/17; 
• 24936, 360, CLR, Tangsrud 8-1H1, Hayland, t10/13; cum 69K 7/17;
• 24935, 216, CLR, Tangsrud 7-1H3, Hayland, t10/13; cum 40K 7/17; see above.
  
• 24934, 76, CLR, Tangsrud 4-1H3, Hayland, "the Tangsrud is an attempt in the area to establish oil production from the 3rd bench of the Three Forks (within the lower half of the formation; identified by the North Dakota Geological Survey as "Member 2")." Later, "No oil shows were noted at the shaker while drilling the Tangsrud horizontal. Total gas reading were low (50- 60 units (100 units = 1% methane in air). No sample shows were noted while drilling the Tangsrud lateral....some very porosity was noted in the dolomite."; t1/14; cum 38K 7/17;
• 24931, 514, CLR, Tangsrud 14-1H, Hayland, t10/13; cum 50K 7/17;
• 24930, 545, CLR, Tangsrud 13-1H2, Hayland, t2/14; cum 51K 7/17;
• 24929, 995, CLR, Tangsrud 12-1H3, Hayland,on a 6-well Eco-Pad; TF 3; vertical depth and curve were drilled; then drilling paused for the drilling of #24928, #24966, and #24967; gas units very, very low (25 to 29) in TF3; even the geologist commented that "overall the well had very poor gas shows while drilling." He continued, "The daily footage was phenomenal and averaged around 2,400 feet per day; drilling was maintained almost entirely within the target zone. The proximity throughout the well to the target zone should make for a productive fracking operation; t2/14; cum 44K 7/17;
• 24928, 344, CLR, Tangsrud 11-1H1, Hayland, t2/14; cum 50K 7/17;
• 24924, 168, CLR, Tangsrud 3-1H2, Hayland, t1/14; cum 59K 7/17;
• 19107, 488, CLR, Tangsrud 2-1H, Dolphin, t11/10; cum 115K 7/17; 24 stages; 2.8 million lbs sand/ceramic; middle Bakken;
• 17649, 922, CLR, Tangsrud 1-1H, Dolphin, t7/09; cum 141K 7/17;
• 10210, 16/33, Bakken/Madison; 16/33; Condor Petroleum, Tangsrud 12-1, t12/03; t10/83; cum 24K 7/17; cum 134K 7/13; the Madison last produced in 2006; the Bakken remains barely active; a vertical well; no directional, no horizontal

Two Weeks And Counting ...

T.R.A.I.N.W.R.E.C.K.

The Wall Street Journal is reporting:

Less than two weeks before the launch of insurance marketplaces created by the federal health overhaul, the government's software can't reliably determine how much people need to pay for coverage, according to insurance executives and people familiar with the program.

Government officials and insurers were scrambling to iron out the pricing quirks quickly, according to the people, to avoid alienating the initial wave of consumers.

A failure by consumers to sign up online in the hotly anticipated early days of the "exchanges" is worrisome to insurers, which are counting on enrollees for growth, and to the Obama administration, which made the exchanges a centerpiece of its sweeping health-care legislation.

If not resolved by the Oct. 1 launch date, the problems could affect consumers in 36 states where the federal government is running all or part of the exchanges. About 32 million uninsured people live in those states, but only a fraction of them are expected to sign up in the next year.

The remaining 14 states are running separate marketplaces with their own software. One of those states, Oregon, has already announced that it would delay some features to fix software bugs, though consumers will be able to enroll offline.

It will be interesting to see the premiums Oregon will charge for individual health care insurance. Something tells me Oregon won't be putting "affordable" into the Affordable Care Act.

It appears millions of part-time workers are going to lose their health care insurance after October. 

Retirees are being cost-shifted from their company plans to these non-existent on-line exchanges.

By November 1, 2013, regardless of what Congress does with regard to funding O'BamaCare, the trainwreck will be the number one story across America. Absolutely amazing how this has spun out of control. Think about it. The government has trouble compiling weekly jobless reports and now millions of Americans are going to be going on-line all on the same day to enroll. Servers will shut down. On-line exchanges won't be up. It will be a trainwreck. This prediction/description originated with one of bill's co-sponsors and lead writers. Wow.

Friday Morning News, Views, And Links; iPhones Sold Out -- Within 28 Minutes

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or think you may have read here.

Thirteen companies announced increased dividends today, including Microsoft and McDonald's. The gap between investors and non-investors widens. 

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Bloomberg is reporting: Apple's New IPhone Poised for Record Debut as Sales Begin.

Apple Inc attracted long lines of shoppers at its retail stores today for the global debut of its latest iPhones, in the company’s biggest move this year to stoke new growth.

In Munich about 2,000 people lined up and at the Louvre in Paris about 300 people waited ahead of the 8 a.m. opening. At Tokyo’s Ginza area store there were about 800 people, including some dressed as Batman and Apple co-founder Steve Jobs in a face mask, jeans and black turtleneck. A Beijing store attracted a crowd of only about 50 because buyers had to register online for an appointment to collect their devices.

From MacRumors:

Within four hours after Apple began taking orders for the iPhone 5s, Apple Store shipping estimates for new orders of the device slipped to 7-10 days in the U.S. and Canada, following a similar pattern to shipping estimates in other countries where the 5s went on sale earlier today. The original shipping estimate for all 5s models was 1-3 days.

Some 28 minutes after they went on sale, all gold iPhone 5s models saw their shipping estimates slip to October. 

Pandora fans flocking to Apple's iTunes Radio, and with that one headline, Pandora is history.

Pandora Media  is one of the hottest stocks of the year, about to triple in price, as listeners and advertisers have flocked to its online radio service. This week, the stock shot up further to an all-time high, as strong investor demand let Pandora increase a secondary stock offering by 30%.

But the positive momentum is at risk as Apple this week launched a copycat service, called, to hundreds of millions of iTunes users.

Early anecdotal signs indicate that iTunes Radio may be cutting into Pandora’s reported base of 72 million monthly active listeners.

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I could be wrong but the gang-related thirteen deaths last night in Chicago might even be a front page story in the Chicago Times. I didn't see the story at Debbie Downer but I went through the on-line edition quickly. If the Chicago gunfight was an argument over fracking it would have made front page news in the newspaper. Hey, on another note, the top story in Dickinson appears to be: "Famous Dave's eyeing Dickinson."

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It is funny how things worked out. Now the "global warmer" believers are the "new" flat earth society. Whatever. Fewer people than ever "believe" that the earth is getting warmer. The Express is reporting:

The report comes as climate change scientists working on a landmark UN report on climate change are struggling to explain why global warming appears to have slowed down in the past 15 years even though greenhouse gas emissions keep rising. 

Dr. Roy Spencer, a former NASA scientist and author of Climate Confusion, argues in his influential blog the UN report shows scientists are being forced to "recognise reality."

He said: "We are now at the point in the age of global warming hysteria where the IPCC global warming theory has crashed into the hard reality of observations." 

So, we are left with these leading the "global warming" charge: Barack O'Bama, Algore, and Nancy Pelosi.  Scientists are being forced to recognize reality. Yup.

We saw this same phenomenon back in the late 1800's with the rise of Romanticism, a Luddite reaction to the Industrial Revolution. Nonetheless, the Romantic Period provided some of the best art and literature ever and got me interested in fine art and reading literature. It will be interesting to see how social scientists and historians describe the lost decades (2000 - 2020) one hundred years from now.
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An enlightened reader sends me this: whatever happened to global warming?

While the UNIPCC, government bureaucracies, climate experts – that oxymoron again – suckered Guardianista-style journalists and various shades of ‘green-behind-the-ears’ would-be planet-savers are currently attempting to spin the latest IPCC admissions, front and center is the stone cold fact that global warming isn’t happening and hasn’t happened for nearly 17 years. Yet green elites continue to cling to the notion of a ‘warming trend.'

What warming trend? According to various reports the upcoming IPCC assessment in its ‘summary for policymakers’ is forced to admit that all four previous reports had over-estimated the rate of decadal warming since 1951. Most significant, however, is the admission that computer modelled forecasts failed to factor in the “natural variability” of the climate. And that’s precisely the main rolling criticism made by climate sceptics for the past two decades.

Wow, global warming. What a scam. 

Real Estate Trust To Add 324 Luxury Apartments Across Two Projects, Minot, Grand Forks

Related posts:

• http://themilliondollarway.blogspot.com/2011/02/data-points-for-hess-for-2011-bakken.html
• http://themilliondollarway.blogspot.com/2011/09/yet-one-more-huge-project-williston.html
• http://themilliondollarway.blogspot.com/2012/06/for-investors-only-iret-seekingalpha.html
• http://themilliondollarway.blogspot.com/2012/06/updates-june-24-2012-i-dont-do-this.html
• http://themilliondollarway.blogspot.com/2012/06/will-it-ever-quit-now-another-developer.html
• http://themilliondollarway.blogspot.com/2012/05/minor-miscellaneous-note-iret-in.html

From recent press release:

Investors Real Estate Trust has commenced construction on Phase I of the Cardinal Point Apartments project in Grand Forks, North Dakota, and Phase I of the Chateau II Apartments in Minot, North Dakota. Once completed, the two projects will add 324 luxury apartment units to IRET's North Dakota apartment portfolio.

The 252 unit Cardinal Point Apartments will provide the Greater Grand Forks area with multiple studio, one, two, and three bedroom floor plans, and an abundant amenity package.

The 72 unit Chateau II Apartments are a rebuild/remodel of the east wing of IRET's currently owned Chateau Apartments that were damaged by the 2011 flood and subsequent fire. The building is increasing in size from 32 units to 72 units, and will be connected to the existing Chateau I via a skywalk.

Friday Morning News, Views, And Links

Active rigs: 182

RBN Energy: another in the series on shale gas production economics; downloadable spreadsheet;

The WSJ

Wow, this is shocking. Walt Mossberg will leave the WSJ at the end of the year.

Same firm vetted Snowden, Navy Yard shooting suspect, and 30,000 others. This is a story?

Mars rover cannot fine methane in the air, dealing a blow to hopes that life might be found on Mars; I suppose without methane, no evidence of Martial warming either.

Dueling banjos. First, it was Putin's op-ed. Now Senator McCain weighs in.

The NYT

Top story, above the fold, with photograph: oil thieves in Nigeria. Great photograph of Nigeria's crude oil takeaway method.

The Boston Globe

Politics, sports, and excessive spending at Westfield State. Nothing about fracking or the Bakken on the front page.

Los Angeles Times

Top story: looming federal government shutdown.

Third story down: thirteen human beings shot in Chicago, including a 3-year-old; basketball-court shooting was apparently gang-related. Ya think?

Supreme Court will decide whether corporations can claim a religious exemption to the healthcare's contraceptive mandate. Question: just how expensive are birth control pills compared to the alternative? My hunch: separation of church and state will trump.

Water colour by May Garcia