37324, conf-->drl/NC, WPX, Patricia Kelly 2-1HUL, Antelope, this is one of the best oil fields in the Bakken; still no change in well status; remains a DUC, but great production numbers:
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
SANISH
7-2021
31
23034
23184
17827
24300
24007
0
SANISH
6-2021
30
30506
30588
27416
38435
34622
0
SANISH
5-2021
20
35961
35711
32016
41754
37541
0
37232, conf-->drl/NC, WPX, Patricia Kelly 2-1HA, Spotted Horn, well status has not change; still a DUC, but incredible production:
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
7-2021
31
32082
32243
18154
34537
34229
0
BAKKEN
6-2021
30
57376
57496
37963
61099
54800
0
BAKKEN
5-2021
20
52530
52093
36786
73161
67437
0
37231, conf-->drl/NC, WPX, Patricia Kelly 2-1HXL Spotted Horn, well status has not change; still a DUC, but incredible production:
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
7-2021
31
31517
31700
21195
35728
35409
0
BAKKEN
6-2021
30
60797
60874
46123
80795
74130
0
BAKKEN
5-2021
29
49702
49289
37821
108993
103569
0
37230, conf-->drl/NC, WPX, Patricia Kelly 2-1HS, Spotted Horn, well status has not change; still a DUC, but incredible production:
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
7-2021
31
30862
31055
28906
32941
32611
0
BAKKEN
6-2021
30
62293
62332
58437
79254
72429
0
BAKKEN
5-2021
17
46047
45664
49208
99281
94263
0
23639, 1,482, WPX, Patricia Kelly 2-1HB, Spotted Horn, t3/13; cum 388K 7/20; off line 8/20; remains off line 3/21; back on line 5/21; cum 403K 7/21;
Wells of interest to the south:
37308, drl/NC, WPX, Crosby Chase 2-1HC, Spotted Horn, no change in well status, still a DUC, but great production:
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
7-2021
31
47048
47364
32437
47895
39290
8450
BAKKEN
6-2021
30
48434
48462
38218
60090
5601
49147
BAKKEN
5-2021
2
5938
5595
3940
11
0
0
37307, drl/NC, WPX, Crosby Chase 2-1HY, Spotted Horn, no change in well status, still a DUC, but great production:
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
7-2021
31
54296
54595
45620
56196
20803
35393
BAKKEN
6-2021
30
45961
46511
43170
57062
4574
47410
BAKKEN
5-2021
8
14717
13868
13125
43
0
0
37306, drl/NC, WPX, Crosby Chase 2-1HG, Spotted Horn, no production data,
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
7-2021
31
53271
53650
27042
53591
48285
5151
BAKKEN
6-2021
26
58150
57771
42086
71250
6530
58361
BAKKEN
5-2021
0
0
0
0
0
0
0
37305, drl/NC, WPX, Crosby Chase 2-1HZ, Spotted Horn, no change in well status, still a DUC, but great production:
Pool
Date
Days
BBLS Oil
Runs
BBLS Water
MCF Prod
MCF Sold
Vent/Flare
BAKKEN
7-2021
31
47797
48128
40172
49566
28581
20985
BAKKEN
6-2021
30
50888
50919
45812
63797
5581
52611
BAKKEN
5-2021
4
6275
5913
5713
21
0
0
37304, drl/NC, WPX, Crosby Chase 2-1HIL, Spotted Horn, no change in well status, still a DUC, but great production:
This page will not be updated. These wells are tracked elsewhere.
Several things to note that a lot of analysts don't understand about the Bakken:
no rigs factored into this huge jump in production 10/20;
likewise, no rigs factored into another huge jump in production 5/21;
operators in the Bakken don't report a single well periodically; they often report an entire pad at one time; the drilling costs were sunk costs as much as two years earlier; note: drilling costs don't include fracking costs; total costs = drilling + completion (fracking)
in addition, they control when to "open" the pad
a lot like growing / storing / selling wheat
The wells:
35800, 930, Enerplus, Frost 149-93-07A-12H-TF-LL, Mandaree, t10/20; cum 152K 7/21;
35801, 1,588, Enerplus, Hail 149-93-07A-12H, Mandaree, t10/20; cum 183K 7/21;
35802, drl, Enerplus, Sleet 149-93-07A-12H, Mandaree, t10/20; cum 192K 7/21;
35803, 1,599, Enerplus, Blizzard 149-93-07A-12H, Mandaree, t10/20; cum 196K 7/21;
25736, 2,347, Enerplus, Snow .... , t6/15; cum 549K 11/19 -- wow! Only 39 stages;
see full production profile at this post; note multiple "jumps" in production over the years; came off line 11/19; remains off line 3/20; back on line 4/21; cum 557K 7/21;
25735, 1,773, Enerplus, Rain ..., t6/15; cum 374K 11/19; came off line 11/19; remains off line 3/20; back on line 4/21; cum 382K 7/21;
25738, 1,946, Enerplus, Sun ..., t8/14; cum 408K 3/20; was off line 3/19 - 9/19; small jump in production; cum 433K 7/21;
25737, 1,278, Enerplus, Wind ...., t9/14; cum 360K 3/20; was off line 3/19 - 9/19; huge jump in production; see this post; back on line 5/21; cum 365K 7/21;
Lockheed Martin: raises dividend about 8%; says a lot about the impact of leaving Afghanistan;
McDonald's: raise dividend about 7%; press release; says a lot about the impact of Covid-19;
UK: after one day of wind, it's back to ... no wind. Trouble in paradise.
Could be US-Costco after four years of "green" agenda: link here.
India: peak demand / peak supply -- nope!
oil exploration acreage and production in India's northeast will be doubled b 2025;
state-owned refinery capacity will be expanded
India: peak demand / peak supply -- nope! This is quite interesting. Years ago I suggested the big story would not be China but India ... maybe ...
India state refiners to buy more light crude to boost gasoline output;
Indian refiners are gearing up to alter their crude oil import mix in favor of lighter grades that yield more gasoline to meet a surge in demand for motor fuel
will buy more crude oil from the US, Africa; less from the Middle East
they talk about Apple's super-cycle when it comes to the release of their new iPhones;
I'm beginning to "feel" a super-cycle for light, low sulfur crude oil
Hulu: outstanding, again as usual
Amazon fire stick: amazing
AI suggestion: NBC, NBCS, and NBCGolf have a nasty habit of moving live event from network to network. I was enjoying the Ryder Cup on NBCGolf, when at the top of the hour, NBCGolf switched to the LPGA, and I had to switch to NBC to find the Ryder Cup again. Without question, AI should be able to automatically make the change for me. Google knows what I'm doing and can target ads to me; certainly that same AI can keep tracking of shows I'm watching and move accordingly.
now it appears I'm back on NBCGolf; not sure what's going on but at least I'm able to watch the Ryder Cup.
I said yesterday: I hate the format. Maybe not; I'm getting used to it. A lot of interesting team strategy. Three "formats." Two versions of team playing Friday and Saturday; every man for himself on Sunday.
twelve players on each team; everyone recognizes every US player; my hunch, only diehard golf fans recognize more than for of the non-US players on the European team.
and, do we need three teams going forward? US, European, Asian. I guess we prefer even numbers: we could add a fourth, the BLM team.
Ryder Cup:
it's a three-day competition
it will require the full three days, but the US is so overwhelming that they will come close to putting this tournament away in two days
[I may have spoken too soon; mid-morning, it looks like the Europeans could turn this thing around; at the close of Friday, it was 6 -2 (USA in the lead); now, by noon, it's possible it could move to 7 - 5 (USA barely in the lead)
TCM: Mankiewicz keeps making it better and better. Last night, guest John Mellencamp shared stories about Marlon Brando and director Sidney Lumet. I had not seen Mellencamp in a long, long time. I was surprised to learn that Mellancamp calls Bloomington, Indiana, home. I would have thought Hollywood. Wow, that tells you how little I know about the industry. LOL. Link here.
Mellencamp has several homes in his real estate portfolio, primarily
around Bloomington, Indiana, including an 8,000-square-foot mansion and
several buildings on 35 acres of wooded land on the shore of Lake
Monroe. The singer also has a recording studio just outside of Nashville,
Indiana, tucked away from the bustle of the city, as well as an
oceanfront residence on Daufuskie Island, South Carolina, that he’s
owned since 1994.
Last night: the TCM prime time feature was based on a Tennessee Williams play.
“Has it ever struck you that life is all memory, except for the one present moment that goes by you so quick[ly] you hardly catch it going?”― Tennessee Williams..... as I was getting ready to write our college granddaughter a note, I spied that on social media ...
Poker: I can't recall if I've mentioned this on the blog before but my son-in-law made more money at the blackjack table in Las Vegas in one night than I earned in my full first year with the US Air Force. Both were decades ago. I think he lived on the edge of being dis-invited to the Las Vegas casinos but I don't know the full story. There's probably some hyperbole there. I do know that he abruptly quit going to Las Vegas; no explanation. But it's not hard to connect the dots.
I don't know how much his daughters know about that; that was all well before he was married and had children.
Hold that thought.
Last night his middle daughter -- the soccer player -- said her dad was playing poker with the other dads of daughters on her soccer team (Texas - poker - soccer dads, one gets the picture). Olivia said her dad needs to let the other dads win once in awhile. LOL.
One hour, link here. A great movie if one likes that genre -- a bit wacky but beautiful cinematography; vibrant greens.
