The Oasis Cliff Wells Coming Back On Line Again -- March 27, 2023

Neighboring well with jump in production, link here: 

• 21667, 3,285, Oasis, Cliff 5200 14-5H, Camp, t3/12; cum 489K 1/23;

The wells:

• 38008, 3,285, Oasis, Cliff 5300 43-35 6B, Willow Creek, huge well; Willow Creek oil field tracked here and updated; t3/12; cum 489K 1/23; just coming back on line again;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2023	31	25405	25350	44118	62787	40033	21621
BAKKEN	12-2022	31	19743	19875	36578	53486	46007	7456
BAKKEN	11-2022	30	18482	18382	16574	46301	42594	2920
BAKKEN	10-2022	15	6506	6463	7847	9925	9305	315
BAKKEN	9-2022	30	19875	19881	23007	53206	51343	1069
BAKKEN	8-2022	31	23660	23597	22803	63307	61719	762
BAKKEN	7-2022	10	11582	11546	10813	32914	29912	1957
BAKKEN	6-2022	1	3582	3726	2867	15643	9537	4680
BAKKEN	5-2022	21	29383	29363	22599	38521	35088	2387
BAKKEN	4-2022	21	22919	22946	18359	35940	33067	1826
BAKKEN	3-2022	26	22558	22520	17589	34062	29340	3718
BAKKEN	2-2022	28	34304	34324	27305	45009	42241	1537
BAKKEN	1-2022	31	42449	42563	35371	59931	45523	12729
BAKKEN	12-2021	31	41345	41183	32692	53528	38959	12975
BAKKEN	11-2021	30	33798	33849	26350	42212	37219	3701
BAKKEN	10-2021	31	27663	27515	6946	32091	29209	1842

• 34222, 3,285, Oasis, Cliff 5300 43-35 4B, Willow Creek, Willow Creek oil field tracked here and updated; t--; cum 286K 1/23; just coming back on line again;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2023	10	1433	1448	2702	1698	693	938
BAKKEN	12-2022	18	4179	4154	10412	7725	7345	373
BAKKEN	11-2022	0	0	0	0	0	0	0
BAKKEN	10-2022	0	0	7	0	0	0	0
BAKKEN	9-2022	9	1340	1394	2006	5070	4473	377
BAKKEN	8-2022	25	13001	13054	11668	32235	31091	577
BAKKEN	7-2022	31	27097	26992	23557	66192	64127	1332
BAKKEN	6-2022	1	2494	2578	2125	11133	7043	3133
BAKKEN	5-2022	21	17454	17500	12146	23102	21063	1455
BAKKEN	4-2022	24	23393	23549	16461	44369	41548	1974
BAKKEN	3-2022	31	40781	40587	23991	54924	48911	4739
BAKKEN	2-2022	28	27389	27404	19954	33760	31677	1137
BAKKEN	1-2022	31	33735	33882	24034	40673	31272	8153
BAKKEN	12-2021	31	41825	41656	28407	46478	35003	9962
BAKKEN	11-2021	30	32671	32682	26437	38997	34431	3296
BAKKEN	10-2021	31	19630	19525	4315	23251	21265	1290

• 37266, loc/A, Oasis, Cliff 5300 43-35 5B, Willow Creek, Willow Creek oil field tracked here and updated; t--; cum 304K 1/23; just coming back on line again;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2023	3	108	107	180	142	73	25
BAKKEN	12-2022	1	5	5	10	9	9	0
BAKKEN	11-2022	0	0	0	0	0	0	0
BAKKEN	10-2022	0	0	1	0	0	0	0
BAKKEN	9-2022	4	206	245	199	459	347	57
BAKKEN	8-2022	26	8629	8658	6823	19159	18211	473
BAKKEN	7-2022	30	16444	16618	12595	35022	33892	689
BAKKEN	6-2022	24	70316	70137	46685	128224	126855	988
BAKKEN	5-2022	20	12168	12208	8620	18773	17178	1164
BAKKEN	4-2022	24	17510	17675	13873	34612	32387	1558
BAKKEN	3-2022	31	37253	37072	24216	67029	59726	6092
BAKKEN	2-2022	23	23936	23946	15859	32471	29946	1509
BAKKEN	1-2022	31	28415	28527	27765	35961	27594	7155
BAKKEN	12-2021	31	33341	33222	32899	38690	28957	8308
BAKKEN	11-2021	30	31197	31236	28776	37891	33305	3297
BAKKEN	10-2021	31	24083	23955	5371	27418	24946	1612

Oasis Cliff 5200 14-5H, Camp Oil Field, Update -- March 27, 2023

Locator: 10010CAMP.

The well:

• 21667, 3,285, Oasis, Cliff 5200 14-5H, Camp, t3/12; cum 489K 1/23;

Production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2023	26	39	0	3502	139	44	0
BAKKEN	12-2022	0	0	0	0	0	0	0
BAKKEN	11-2022	0	0	0	0	0	0	0
BAKKEN	10-2022	0	0	0	0	0	0	0
BAKKEN	9-2022	0	0	134	0	0	0	0
BAKKEN	8-2022	29	8470	8469	11397	18106	16490	1182
BAKKEN	7-2022	31	11486	12016	14223	25437	24860	0
BAKKEN	6-2022	30	12690	12396	15861	21451	18595	2252
BAKKEN	5-2022	15	5052	5037	8111	7991	6133	1587
BAKKEN	4-2022	24	7378	7479	10272	16206	12874	2923
BAKKEN	3-2022	31	11837	11968	13320	20513	16907	3040
BAKKEN	2-2022	18	10001	9782	9539	16284	13913	1960
BAKKEN	1-2022	31	15752	15965	7325	25678	14363	10828
BAKKEN	12-2021	31	17044	16797	6890	27377	16856	9998
BAKKEN	11-2021	17	14395	13858	3340	22590	14342	7881
BAKKEN	10-2021	0	0	0	0	0	0	0
BAKKEN	9-2021	0	0	0	0	2	2	0
BAKKEN	8-2021	23	968	923	687	2055	2008	8
BAKKEN	7-2021	30	1241	1570	745	2983	2934	0
BAKKEN	6-2021	30	1596	1623	873	3873	3573	0
BAKKEN	5-2021	31	1558	1505	1006	3832	3522	0
BAKKEN	4-2021	30	1162	1178	753	3786	3188	328
BAKKEN	3-2021	31	1532	1266	794	3238	2648	280
BAKKEN	2-2021	28	1343	1547	765	2846	2481	85

Initial production back in 2012:

BAKKEN	6-2012	30	10077	10529	3906	8749	8749	0
BAKKEN	5-2012	31	11532	12115	5206	12867	12867	0
BAKKEN	4-2012	30	16351	15071	6678	17074	17074	0
BAKKEN	3-2012	31	34295	34130	25725	38424	10987	27437

The map:

Active Rigs At 47 -- March 27, 2023

Cheers: of all the sitcoms over the years, the best, without question, "Cheers."

Covid: very, very interesting. It's called attenuation. And vaccinators use the concept all the time. Link here. 

It's called attenuation, and in this case, "nature" is doing it. Not scientists.

Ever since the COVID-19 pandemic unfurled across the United Kingdom, hematologist John Willan has worried about the disease’s toll on his patients. In March 2020, Willan, who works at the University of Oxford and Wexham Park Hospital, began to track the hospital’s COVID-19 cases among people with leukemias, lymphomas, and other blood diseases. He counted not just the dozens of deaths, but also persistent and disabling symptoms collectively called Long Covid, which have plagued millions over the past 3 years.

These days, Willan is less anxious.

After Omicron began spreading in late 2021, COVID-19 deaths became a rarity even among his frail and immunocompromised patients, he says.

And infections now carry a lower threat of lingering complications. “These patients with Omicron, they’re much less likely to get Long Covid,” says Willan, whose patients are overwhelmingly vaccinated.

Earlier this month, he reported in the British Journal of Haematology that his patients’ risk of Long Covid symptoms 3 months after infection had dropped from 46% with the original coronavirus strain and another called Alpha, to 35% with the Delta variant, to 14% with Omicron.

*******************************
Back to the Bakken

Active rigs: 47. (wow)

WTI: up 5.13%; trading at $72.81, up $3.55.

Natural gas: $2.088.

Three new permits, #39754 - #39756, inclusive:

• Operator: Grayson Mill
• Field: Round Prairie (Williams)
• Comments:
• Grayson Mill has permits for three Cuda wells, SESE 11-154-104, 
• to be sited 398 FSL and between 550 FEL and 610 FEL, Round Prairie oil field.

One producing well (a DUC) reported as completed:

• 37012, 619, CLR, LCU Ralph Federal 5-27H1,

Not On My Bingo Card Today -- WTI Up Almost Four Percent Today -- Not On My Bingo Card -- March 27, 2023

One of my Schwab advisors personally -- this may not be the official Schwab opinion -- feels the USofA is in a recession.

Imagine what the price of oil would be doing today if we weren't in a recession and/or period of stagflation.

For me, the economy is in a "Goldilocks" economy. I have no complaints. Okay, AAPL is down slightly today. 

WTI today:

***************************
Olivia

Middle granddaughter. Junior in high school,

Upon selection, she was given a list of seven USAF bases from which to choose. With no input from me -- and what's that all about? -- she chose the one base that I would have recommended, without question, above all others: Edwards AFB, California.

Olivia certainly did her homework on USAF base selection. Edwards AFB -- home of the SR-71 and every super-secret a/c test flown by the USAF. The X-15. Others: Chuck Yeager, 1947, broke the sound barrier. All Edwards AFB. 

The Hess EN-Farhart And EN-Sable Wells In Sorkness / Baskin

Of the nearly dozen wells coming off confidential list this weekend, so far the NDIC has posted production numbers for one:

• 38441, F/A, Hess, EN-Sable-157-93-3534H-4, Sorkness, t--; cum 77K 1/23;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2023	31	15237	15276	30663	17055	16354	701
BAKKEN	12-2022	31	15500	15541	28943	20091	16351	3740
BAKKEN	11-2022	28	18580	18532	90310	40102	38985	1117
BAKKEN	10-2022	24	20950	21008	93995	34306	26750	7556
BAKKEN	9-2022	3	6694	6526	19110	9474	9289	185

Wells on that pad:

• 38443,

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2023	31	13746	13787	29034	16105	15464	641
BAKKEN	12-2022	31	14848	14882	28926	19145	15579	3566
BAKKEN	11-2022	30	17251	17183	63955	19821	19096	725
BAKKEN	10-2022	24	14866	15129	97285	23324	18176	5148
BAKKEN	9-2022	9	13587	13246	44463	18530	18154	376

• 38442,
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2023	31	15121	15169	30173	17481	16778	703
BAKKEN	12-2022	30	16670	16629	31179	13451	10810	2641
BAKKEN	11-2022	16	9995	9985	21550	4749	4450	299
BAKKEN	10-2022	24	14288	14527	82825	33689	26381	7308
BAKKEN	9-2022	8	12488	12174	32395	3963	3627	336

• 38441, see above;
  

• 38440,

Date	Oil Runs	MCF Sold
1-2023	17513	17527
12-2022	17771	17225
11-2022	8518	3454
10-2022	24689	14726

• 38439,
  

Date	Oil Runs	MCF Sold
1-2023	17513	17527
12-2022	17771	17225
11-2022	8518	3454
10-2022	24689	14726

• 38605,
  

Date	Oil Runs	MCF Sold
1-2023	18458	18533
12-2022	18761	19475
11-2022	12319	8025
10-2022	35380	14068

• 38438,

Date	Oil Runs	MCF Sold
1-2023	19320	18142
12-2022	21682	18330
11-2022	9117	5775
10-2022	2135	1290

The map:

Well of interest, #20003, remains off line.