Monday, March 14, 2011

George Bush Reading to Elementary Classroom On 9/11

Radiation is being detected outside of Tokyo. Tokyo is about the same distance from the damaged nuclear reactors as Washington, DC, is from Pittsburg, PA. My hunch: this is much, much, more serious than folks first thought; the story will be told by the end of the week, one way or the other.

Saudi deployed troops to Bahrain to establish order.

UK is ready to go-it-alone to establish a no-fly zone before Western dithering determines outcome.

Hawaii: first state to see $4/gallon gasoline average; permitorium in the Gulf of Mexico continues.

Housing report for February described as "awful" by CNBC Squawk Box; core inflation edging up.
President Obama's Schedule, Wednesday March 16, 2011
President Obama's Schedule, Tuesday, March 15, 2011
President Obama's Schedule, Monday, March 14, 2011
  • Speech on reforming US education at Kenmore Middle School, Arlington, Virginia
  • To visit a classroom at the Arlington, Virginia, school
  • Bilateral meeting with Denmark Prime Minister Lars Lokke Rasmussen
  • Meeting with senior advisors and General David Petraeus (subject: most likely Afghanistan)
  • Evening: DNC event closed to the press
President Obama's Schedule, Sunday, March 13, 2011
[Life is full of irony. I was taken to task for posting a story on investing ideas following the Japanese earthquake, tsunami, and post-quake tremblers. I have to agree; it was in poor taste and has been removed. The irony is that while that comment taking me to task was being written and sent to me, I was working on the above posting. I'll be taken to task for writing this one also, and in due time, it, too, will be removed.]
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    Samson (SSN) To Start Fracking Today? Any Update?

    Someone reminded me that SSN was supposed to start fracking today. I have not heard anything. Curious if anyone has heard anything.

    I also corrected a link regarding five Canadian companies for those interested in the Alberta Bakken and Canadian oil sands in an earlier post.

    Here's the update regarding SSN fracking.

    SSN update for the Stockyard Creek oil field, March 16, 2011:
    Samson O&G advised that the fracture stimulation equipment is on location and rigged up on the Rodney #1-14 well. The stimulation job is expected to take approximately 4 days, during which the 16 stages will see a planned 2 million pounds of proppant placed.

    Samson's fifth well, the Earl #1-13, is expected to be stimulated on March 28th, however this date might be displaced because of a competing well which is ahead in the frac schedule is likely to be delayed such that March 28th date is maintained.
    For the full press release, click here.
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    Five (5) New Permits -- Lots of Reporting From the Bakken, North Dakota, USA

    Producers: Newfield, KOG, Whiting, EOG, and Hess.

    Fields:  Westberg, Pembroke, Clear Water, Big Bend and a wildcat.

    The Whiting wildcat is in McKenzie County.

    Several great wells reported today, including (some may have reported earlier through press release):

    • 19081, 788, Fidelity, Lynn 12-20-29H
    • 19271, 1,820, Whiting, Bernard Roggenbuch 24-25H
    • 19282, 1,346, Oasis, Bean 5703 42-34H
    • 19517, 1,870, Whiting, Heiple 14-3XH
    • 18714, 900, Murex, Brian Webb 32-5H
    • 18971, 894, EOG, Liberty 09-23H
    • 19004, 1,440, EOG, Mandaree 12-07H
    • 19018, 927, EOG, Van Hook 15-15H
    • 19170, 1,882, EOG, Bear Den 07-17H
    • 19353, 756, CLR, Violet 1-21H
    These are some very good wells.
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    Week 10: March 5 -- March 11, 2011

    CLR: Bakken Underappreciated

    Shipping Bakken Oil by Rail: A New Paradigm

    North Dakota: #1 in Honey Production -- 7th Year in a Row

    New Frack Record: 40 Stages in ND Bakken

    OPEC Can Raise Prices; Can't Bring Prices Down: New Paradigm

    Commentary: We All Have Our Myths

    521 Encore Wells Transferred to Denbury
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    174: New Record

    174 active drilling rigs in North Dakota.
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