Thursday, November 16, 2023

Two New Permits; Thirteen Permits Renewed; Four DUCs Reported As Completed -- November 16, 2023

Personal investing: I have been overweight in "oil" for decades but starting about two years ago I started becoming very aggressive in "diversifying" my portfolio. 

For a period of time in the past two years, I put absolutely no new money into "oil." Now, some exceptions (some opportunities are just to good to ignore). But, having said that, when WTI plunged today I was not eager to check my portfolio. I was surprised to find that my portfolio slumped ... 0.000333 or 0.03% today. Absolutely inconsequential, and reassures me, that at least for the moment, I am well protected from huge losses in oil. But it does prove that one can pivot if one wants. But, wow, it was emotionally difficult. Did CNBC help? Definitely.

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

Active rigs: 36.

WTI: $73.20.

Two new permits, #40343 - #40344, inclusive:

  • Operator: KODA Resources
  • Field: Fertile Valley (Divide)
  • Comments: KODA Resources has permits for two Stout wells, NWNE 22-160-102, to be sited 335 FNL with one well 1800 FEL and the other 1765 FEL

Thirteen permits renewed:

  • CLR (10): four Lancaster, two Marlene, two Shroeder, and two Sacramento permits, in Brooklyn, Elk, and Stoneview oil fields, Williams and McKenzie counties
  • Liberty Resources (2): a Christine permit and an LTM permits, Enget Lake (Mountrail County);
  • BR: a Fritz Falls permit, Murphy Creek, Dunn County

Four producing wells (DUCs) reported as completed:

  • 31231, 0, BR, Gladstone 4-1-13MBH,
  • 38839, n/d, Enerplus, Hay Draw 148-97-27-34-7H,
  • 39170, 947, WPX, Pennington 16-15HCL, Big Bend, the Pennington wells are tracked here.
  • 39167, 768, WPX, Pennington 16-15-14HY, Big Bend, the Pennington wells are tracked here.

December, 2023 -- Hearing Dockets

Locator: 46072DOCKETS.  

December hearing dockets posted.

Link here. Won't load on Firefox on my Apple laptop. I uuse Safari or some other browser on my Apple laptop..

The NDIC hearing dockets are tracked here.  

The usual disclaimer applies. As usual this is done very quickly and using shorthand for my benefit. There will be factual and typographical errors on this page. Do not quote me on any of this. It's for my personal use to help me better understand the Bakken. Do not read it. If you do happen to read it, do not make any investment, financial, job, relationship, or travel plans based on anything you read here or think you may have read here. If this stuff is important to you, and I doubt that it is, but if it is, go to the source.

These are cases, not permits.

Wednesday, December 13, 2023
Seven pages

  • 30538, Hess, one well,
  • 30539, Hess, six wells,
  • 30540, Neptune Operating, two wells,
  • 30541, Phoenix Operating, three wells,
  • 30542, Phoenix Operating, five wells,
  • 30543, Hess, pooling,
  • 30544, Hess, pooling,
  • 30545, Hess, pooling,
  • 30546, Hess, twelve wells,
  • 30547, Hess, commingling,
  • 30548, Petro-Hunt, pooling,
  • 30549, Petro-Hunt, pooling,
  • 30550, Petro-Hunt, pooling,
  • 30551, Petro-Hunt, pooling,
  • 30552, Petro-Hunt, pooling,
  • 30553, Petro-Hunt, pooling,
  • 30554, Grayson Mill, commingling,
  • 30555, Grayson Mill, commingling,
  • 30556, MRO, commingling, 
  • 30557, MRO, commingling, 
  • 30558, Grayson Mill, SWD,
  • 30559, Phoenix Operating, pooling 
  • 30560 Phoenix Operating, SWD,

Wednesday, December 13, 2023, supplement.
Three pages

 All continued cases.

Thursday, December 14, 2023.
Eleven pages

The cases:

  • 30561, EOG, two wells;
  • 30562, EOG, one well;
  • 30563, Enerplus, five wells;
  • 30564, Slawson, eight wells; see this post;
  • 30565, spacing
  • 30566, injection
  • 30567, termination of operations
  • 30568, termination of operations
  • 30569, Houillion Family LP, suspend operations
  • 30570, CLR, location of equipment
  • 30571, EOG, pooling,
  • 30572, EOG, pooling,
  • 30573, EOG, pooling,
  • 30574, EOG, pooling,
  • 30575, Enerplus, pooling,
  • 30576, Enerplus, pooling,
  • 30577, Enerplus, pooling,
  • 30578, Enerplus, pooling,
  • 30579, Enerplus, pooling,
  • 30580, Enerplus, pooling,
  • 30581, Enerplus, pooling,
  • 30582, Enerplus, pooling,
  • 30583, Enerplus, pooling,
  • 30584, Enerplus, pooling,
  • 30585, Enerplus, pooling,
  • 30586, Enerplus, pooling,
  • 30587, Liberty Resources, commingling,
  • 30588, Liberty Resources, commingling,
  • 30589, Slawson, sixteen wells; see this post for details.
  • 30590, Slawson, pooling,
  • 30591, Slawson, pooling,
  • 30592, Slawson, pooling,
  • 30593, Slawson, pooling,
  • 30594, Slawson, pooling,
  • 30595, Slawson, pooling,
  • 30596, Slawson, risk penalty
  • 30597, Slawson, risk penalty
  • 30598, Morgan E&P LLC, pooling,
  • 30599, K T Enterprises LLC, SWD
  • 30600, KODA Resources, SWD,
  • 30601, KODA Resources, SWD,
  • 30602, KODA Resources, SWD,
  • 30603, CLR, SWD

Thursday, December 14, 2023, supplement.
Two continued cases


Friday, December 15, 2023 

One case:

  • Case 30604. Personal issue with production allocations.

Apple's Vision Pro Technology Already Being Used By USAF -- November 16, 2023

Locator: 46071APPLE.  

From the September, 2023, issue of Combat Aircraft, page 59. Tag: Vision Pro, F-35.



Mid-Afternoon Market — November 16, 2023

Locator: 46070SWIFT.  

Taylor Swift: more records. One concert: 29 terabytes of data.

AT&T’s network alone moved 28.9 terabytes of data during the busiest day of Taylor’s three-day tour stop at AT&T Stadium in Arlington, Texas. Set 10 of 13 new records. The other records? NFL championship games. 
The company estimates 1TB of data represents about 200,000 photos or 400 hours of video moving across its network. 28.9TB is a staggering amount of photo and video sharing. [Think cloud, AAPL, AMZN, MSFT, NVDA.]
That’s the most data AT&T’s network has moved at any stadium for any event this year — the average Cowboys game day at the stadium moves about 21 terabytes of data. 
Swifties also moved record amounts of AT&T data at various other stadium tour stops: 23 terabytes of data at Nissan Stadium in Nashville, 12 terabytes of data at Mercedes-Benz Stadium in Atlanta, and 8.6 terabytes at Raymond James Stadium in Tampa.

Other headlines:

AAPL: dividend today? 

Air travel: finally. The only thing that can explain that uptick in air travel: fans flying to Taylor Swift concerts. It is amazing mainstream media cannot connect the dots.

Copper: whoo-hoo! Compare “max,” SCCO vs FCX.

Samsung Drops Smart Monitor Price -- Gonna Be A Great Christmas -- November 16, 2023

Locator: 46069APPLE. 

Link here.

Inflation? What inflation. Now, the concern is deflation. Exhibit A:

Let's see: $699.99 - $399.99 =  ..... a 43% discount. Wow.

Newest model of the series / family.