Whiting Reports Another Nice Rolla Federal Well -- March 12, 2017

Active rigs:

	3/12/2017	03/12/2016	03/12/2015	03/12/2014	03/12/2013
Active Rigs	45	32	111	193	187

Wells coming off confidential list over the weekend, Monday:

Monday, March 13, 2017

• 30825, 401, WPX, Behr 30-31HTL, Reunion Bay, Three Forks, 41 stages, 6.1 million lbs, t1/17; cum 22K after 23 days;
• 30826, 571, WPX, Behr 30-31H1, Reunion Bay, 40 stages, 6 million lbs, t1/17; cum 30K after 23 days;
• 32326, 2,420, Whiting, Rolla Federal 11-3-1H, Twin Valley, 35 stages, 7.1 million lbs, t10/16; cum 116K after 4 months;

Sunday, March 12, 2017

• None.

Saturday, March 11, 2017

• 32450, SI/NC, SM Energy, Gracious God 15B-20HS,  Ambrose, no production data,
• 32460, SI/NC, Hess, BB-Federal 151-95-1708H-11, Blue Buttes, no production data,

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32326, see below, Whiting, Rolla Federal 11-3-1H, Twin Valley:

Date	Oil Runs	MCF Sold
1-2017	16249	56393
12-2016	20785	59191
11-2016	27869	74412
10-2016	45231	103925
9-2016	5469	8646

30826, see below, WPX, Behr 30-31H1, Reunion Bay:

Date	Oil Runs	MCF Sold
1-2017	29368	1329

30825, see above, WPX, Behr 30-31HTL, Reunion Bay:

	Oil Runs	MCF Sold
1-2017	21640	2851

The Behr Wells Coming Off Confidential List

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North Dakota Budget

By the way, we "finally" know why ND is having budget problems and we also know who wants to spend Legacy money now to "right the ship." Bob Port has the story. UND. Back in August, 2016.

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Global Warming Hits New England

Blizzard watch from Boston south to NYC.  Electricity rates already starting to rise; will be interesting to watch overnight. The Kennedys can unpack their winter clothes.

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Talk Of Nuclear Winter Hits North Korea

Updates

 March 14, 2017: Trump losing his patience ... after only 54 days. LOL.

Original Post 

 

This too may pass but the increasing number of stories on NOKO, SOKO, Japan, China, US could suggest to someone that the narrative in Washington, DC, is about to change. My hunch is the US, Japan, and SOKO are having some serious discussions.

New York Times Updates EV Incentives -- March 11, 2017

The New York Times has an update on how much the public likes EVs.

I think this tells me all most folks need to know about EVs:

General Motors’ Bolt EV has a 238-mile range for less than $30,000, after the $7,500 federal income tax credit. Tesla plans to introduce the Model 3, a 215-mile-range car, for under $30,000 after federal tax credits.

If I owned a home / garage in which I could install a charging unit, and if I had two or three other more utilitarian vehicles (like an F-350; a Chrysler Town and Country; and, a Land Rover), then I would love to have an EV.

By the way, something tells me the electric grid in California could not handle a significant increase in the number of EVs being charged overnight. Especially since there's not a lot of solar energy being generated at night.

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Last night: getting ready for our walk to the park. Tonight we're watching Homer Simpson.

Beautiful, Beautiful Country -- Photo Of Two Bakken DUCs -- March 11, 2017

A reader (a huge "thank you") sent in a few photos of a few DUCs in the Bakken, described as "DUC candy" by the reader.

The wells:

• 29798, SI/NC, CLR, Chicago 7-26H, Banks, top photo (assuming I didn't mix them up)
• 30161, SI/NC, CLR, Chicago 5-26H, Banks, bottom photo
• 30168, SI/NC, CLR, Syracuse 7-23H, Banks, top photo
• 30158, SI/NC, CLR, Syracuse, 5-23H, Banks, bottom photo

The photos:

 
The graphic:

Another One Bites The Dust -- March 11, 2017

Over the last couple of days, there have been reports of "global-warming-related" entities shutting down or going bankrupt. First, the was the Australian Climate Institute, and then there was the Hawaiian algae-producing-jet-fuel refiner.

These, of course, were preceded over the past several years by the "Solyndra 38" which has certainly grown to 45+, I'm sure.

To the list of Solyndra projects we can now add yet another taxpayer-funded Obama green-energy project: Aquion Energy. Data points:

• $5.2 million stimulus-tied grant from the Obama administration
• battery research
• Pennsylvania
• lessons learned in making batteries:
• a complex endeavor
• time-consuming
• very capital intensive

... none of which stopped the NASA "man-on-the-moon" program, the Lewis and Clark expedition, George Patton, Tesla, or DAPL.

To its credit, and something the CEO and directors can put on their resume when looking for a new job, the company was named "the North American Company of The Year" just prior to filing for bankruptcy.

I cannot make this stuff up.

Maybe Donald Trump should invited the company's CEO and its directors to the White House to honor them.

A Simple Twist Of Fate, T+50 -- March 11, 2017

Active rigs:

	3/11/2017	03/11/2016	03/11/2015	03/11/2014	03/11/2013
Active Rigs	45	32	112	192	187

Vicissitude: David Sheppard via Twitter -- OPEC's 100 days of vicissitude -- Brent will end the week below the 100-day moving average for the first time since the November 30 (2016) meeting.

I guess that's what happens when you get caught with your hand in the cookie jar -- OPEC exported more oil in February than in January, after telling us for 60 days that the "cuts were working."

Vicissitude: a change of circumstance or fortune, typically one that is unwelcome or unpleasant. "A twist of fate." Not pleasant.

Previously posted: this is the most recent graphic of Saudi Arabia's foreign exchange reserves:

A simple twist of fate. Another Bob Dylan song.

A Simple Twist of Fate, Jerry Garcia
I first heard this song sung by Joan Baez. It all makes sense. Now.

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By Monday?

Oil could start flowing through the DAPL on Monday, March 13, 2017. Nah....I would wait until at least the 14th. Starting something on the 13th is asking for trouble. Especially when it comes to violating Native American religious rites.

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I have responsibility for Sophia ALL day today so blogging could be greatly impacted.