Sunday, January 16, 2022

If It Weren't For Harold Hamm And Continental Resources, Would We Even Be Talking About The Bakken Any More? January 16,

CLR: Of the twenty-four oil and gas wells in North Dakota coming off the confidential list this next week, no less than fourteen are operated by Continental Resources. Slawson has three; Hunt Oil, two. Others with one: Bruin, Hess, Koda Resources, Resonance Exploration, and Whiting. 

******************************
Airport Talk

Hubs:

  • UPS:
    • UPS Worldport: Louisville Jefferson County, SDF, Standiford Field, renamed Louisville Muhammad Ali International Airport
    • second busiest cargo airport in the US
  • FedEx:
    • FedEx's SuperHub: Memphis International Airport
    • busiest cargo airport in the US
    • main facility: size of 80 football fields
    • world ranking by size: Shanghai Pudon, Memphis, Hong Kong, Louisville;
  • Amazon Air (formerly known as Amazon Prime)
    • Amazon Prime is now Amazon's autonomous drone delivery service
    • Cincinnati / Northern Kentucky International Airport
    • new regional hub at Fort Worth Alliance Airport, northwest of Fort Worth, Texas
    • Amazon hols warrants to acquire a minority stake in Atlas Air Worldwide Holdings, parent company of Atlas Air
      • with a total combined fleet of 55 Boeing 747 aircraft, Atlas is the world's largest operator of this fleet type.

Fort Worth Alliance Airport, Amazon Air regional hub:

  • founded by aviatrix and US Navy nurse, Edna Gardner Whyte, 1970; born 1902 in Mankato, MN;
  • lost her pilot's license in 1988 (86 years old) following an in-flight heart attack in a Cessna 150 she was piloting
  • died age 89;

**********************************
Word of the Day

Ineffably, the word of the day is "effing. "

Close second: sardoodledom.

Duolingo for those learning English as a second language:

  • inflammable and flammable are synonyms
  • inflammable came into English in the early 1600s (coined by Shakespeare?); Latin etymology;
  • flammable, coined in 1813; also of Latin heritage
  • the use of flammable and nonflammable has increased in print over the last few decades, while us of inflammable has decreased

****************************
Current Winter Storm: Izzy is a Doozy

Couldn't resist

New England

The interior Northeast up through New England is expected to get hit with 6 to 18 inches of snow. Coastal areas of the Northeast, including Washington, D.C., Philadelphia, New York City and Boston, could see up to 3 inches of snow, though that will likely get washed away as the snow changes to rain by early Monday.

Wind chills Sunday morning will be in the single digits from Philadelphia to New York City to Boston and dip below zero in northern New England.

Texas

Strong, gusty winds are also a concern across a large swath of the South, with wind alerts in effect from Texas to the Carolinas, with the concern for isolated power outages and wind damage. 

Dakotas

A winter storm watch also is in effect from Arkansas to Pennsylvania for a much-anticipated winter storm that's already dumped more than a foot of snow across North Dakota and Iowa.

 

Initial Production Data For Wells Coming Off Confidential List This Next Week -- January 16, 2022

The wells:

  • 37861, conf, CLR, Clear Creek Federal 11-35H, Westberg, no production data, 
  • 37863, conf, CLR, Clear Creek Federal 13-35H, Westberg, no production data, 
  • 38349, conf, Hunt, Blue Ridge 159-100-6-7H 5, Green Lake,
DateOil RunsMCF Sold
11-202188753531
10-202121250
  • 37864, conf, CLR, Clear Creek Federal 14-35SL2, Westberg, no production data, 
  • 37336, conf, Whiting, Miller 44-10TFHU, Sanish,
DateOil RunsMCF Sold
11-2021962011076
10-2021101869248
9-20211064210071
8-202127762946
7-20215860
  • 38353, conf, CLR, Bice FIU 11-32HSL1, Chimney Butte, no production data, 
  • 38352, conf, CLR, Bice FIU 10-32H, Chimney Butte, no production data, 
  • 38355, conf, CLR, Dolezal FIU 10-5H1, Chimney Butte, no production data, 
  • 38350, conf, Hunt, Blue Ridge 159-100-6-7H 4, Green Lake,
DateOil RunsMCF Sold
11-20214255655
10-20214520
  • 38265, conf, CLR, Pletan 11-18H1, Jim Creek, minimal production, 
  • 38356, conf, CLR, Dolezal FIU 9-5H, Chimney Butte, no production data, 
  • 38264, conf, CLR, Pletan 10-18H, Jim Creek, minimal production, 
  • 38077, conf, Slawson, Vagabond Federal 1 SLH Big Bend, no production data, 
  • 38357, conf, CLR, Dolezal FIU 8-5H1, Chimney Butte, no production data, 
  • 38338, conf, Resonance Exploration, Resonance Fylling 12-36H, West Roth, no production data, 
  • 38263, conf, CLR, Pletan 9-18H1, Jim Creek, no production data, 
  • 38076, conf, Slawson, Muskrat Federal 7-28-33TFH, Big Bend, no production data, 
  • 38075, conf, Slawson, Muskrat Federal 6-28-33TFH, Big Bend, no production data, 
  • 38358, conf, CLR, Dolezal FIU 7-5H, Chimney Butte, no production data, 
  • 38320, conf, CLR, Dvirnak 11-7H, Jim Creek, no production data, 
  • 37447, conf, Koda Resources, Porter 2635-1BH, Bar Butte,
DateOil RunsMCF Sold
11-2021142737031
10-202112983774
9-2021116020
8-20213880
  • 38396, conf, CLR, Dvirnak 10-7HSL1, Corral Creek, minimal production, 
  • 37233, conf, Bruin, Wm Polar 157-101-24D-13-3B, Otter,
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20211782138252322146722662894
BAKKEN10-2021281183411971482251032292481026
BAKKEN9-202129893388334591485968023548
BAKKEN8-2021251209812155570571070873483360
BAKKEN7-20211617556172679150320363160734290
  • 37132, conf, Hess, BL-Frisinger-LE-156-95-2804H-1, Beaver Lodge,
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20213022532224822143440240402400
BAKKEN10-20213118699186961553430058300562
BAKKEN9-202127307693054532466445674454918
BAKKEN8-202127221019801073939134
BAKKEN7-20211822652225132843727629722820401

Wells Coming Off The Confidential List This Next Week -- January 16, 2022

Monday, January 24, 2022: 39 for the month, 39 for the quarter, 39 for the year
37861, conf, CLR, Clear Creek Federal 11-35H,

Sunday, January 23, 2022: 38 for the month, 38 for the quarter, 38 for the year
37863, conf, CLR, Clear Creek Federal 13-35H,

Saturday, January 22, 2022: 37 for the month, 37 for the quarter, 37 for the year
38349, conf, Hunt, Blue Ridge 159-100-6-7H 5,
37864, conf, CLR, Clear Creek Federal 14-35SL2,

Friday, January 21, 2022: 35 for the month, 35 for the quarter, 35 for the year
37336, conf, Whiting, Miller 44-10TFHU,

Thursday, January 20, 2022: 34 for the month, 34 for the quarter, 34 for the year
38353, conf, CLR, Bice FIU 11-32HSL1,
38352, conf, CLR, Bice FIU 10-32H,

Wednesday, January 19, 2022: 32 for the month, 32 for the quarter, 32 for the year
38355, conf, CLR, Dolezal FIU 10-5H1,
38350, conf, Hunt, Blue Ridge 159-100-6-7H 4,
38265, conf, CLR, Pletan 11-18H1,

Tuesday, January 18, 2022: 29 for the month, 29 for the quarter, 29 for the year
38356, conf, CLR, Dolezal FIU 9-5H,
38264, conf, CLR, Pletan 10-18H,
38077, conf, Slawson, Vagabond Federal 1 SLH,

Monday, January 17, 2022: 26 for the month, 26 for the quarter, 26 for the year
38357, conf, CLR, Dolezal FIU 8-5H1,
38338, conf, Resonance Exploration, Resonance Fylling 12-36H,
38263, conf, CLR, Pletan 9-18H1,
38076, conf, Slawson, Muskrat Federal 7-28-33TFH,
38075, conf, Slawson, Muskrat Federal 6-28-33TFH,

Sunday, January 16, 2022: 21 for the month, 21 for the quarter, 21 for the year
38358, conf, CLR, Dolezal FIU 7-5H,
38320, conf, CLR, Dvirnak 11-7H,
37447, conf, Koda Resources, Porter 2635-1BH,

Saturday, January 15, 2022: 18 for the month, 18 for the quarter, 18 for the year
None.

Friday, January 14, 2022: 18 for the month, 18 for the quarter, 18 for the year
38396, conf, CLR, Dvirnak 10-7HSL1,
37233, conf, Bruin, Wm Polar 157-101-24D-13-3B,
37132, conf, Hess, BL-Frisinger-LE-156-95-2804H-1,

The NE ISO Saga Continues; Today Wind Is Huge Issue -- January 16, 2022

Wind is now providing 0.6% of electricity demand. 0.6%. That's less than one percent. 

Finally, this story is all over twitter. I guess folks are starting to read the blog. LOL.  

And, here:

Criminal on two levels:

  • burning oil for electricity: that's something only Saudi Arabia and third world countries do; and,
  • in the process, sky-high prices for their residents -- especially the poor.

Of course, this will all be "made up" when we get back to nice weather. 

Link here.

Most surprising, wind:

  • yesterday, of the renewable sources, wind account for 59% of supply;
  • today, of the renewable source, wind is accounting for only 7% of supply.
  • have operators stopped turning turbines due to severe weather storm?


From a reader:

You are correct in noting the (lack of) wind contributing to $275/$280 per Mwh spot pricing early this morning. 
Specifically, the wind produced almost 1,000 Mw last night at 7 PM (local time). 
At noon, output was 71 Megawatts ... a drop of over 900 Megawatts. This is nearly the output of one nuclear plant. This large wind drop off is not at all an unusual event.

The fact that the temperature was below 10 degrees meant very little natural gas was available for electricity generation. 
(Natural gas: the offshore FSRU continues to regasify Trinidadian LNG and inject it into the pipeline system.)

Burning expensive fuel oil (over 3,600 Mw at one point) is the result.

So Many Story Lines Here -- January 16, 2022

Link here.