Wednesday, March 19, 2014

And Now A "Bird-Dinosaur" From North Dakota -- Vaguely Related To The Bakken, I Suppose (Or Not)

The Los Angeles Times is reporting:
A dinosaur nicknamed the "chicken from hell" was described by a team of paleontologists in a study released Wednesday, and researchers say it is even weirder then they first imagined.
The dinosaur's official name is Anzu wyliei, but it was nicknamed the chicken from hell because it reminded researchers of a giant clawed chicken with a neck like an ostrich. 
And from North Dakota.
The dinosaur had a rounded crest on its head and a long, strong tail. Its jaws were tipped by a toothless beak, and it was probably covered in feathers.
The description of Anzu wyliei comes from three fossils found in North and South Dakota that together make an almost complete skeleton. The fossils were discovered in rock that is about 66 million years old, which means Anzu wyliei lived at the tail end of the age of dinosaurs, at the same time as the T-rex and stegosaurus.
And where was it found?
But perhaps the coolest part of this find is that it was made in the Hell Creek Formation, one of the most picked-over areas of the world for dinosaur fossils.
"The fact that this big, distinctive, very weird-looking animal remained effectively hidden in one of the best-explored set of rocks shows you how much more out there is left to be found," Lamanna said.

Seven (7) New Permits -- North Dakota, The Williston Basin, USA -- KOG Adds Seven More P Wood Permits In Truax Oil Field

Active rigs:


3/19/201403/19/201303/19/201203/19/201103/19/2010
Active Rigs195185205172102

Seven (7) new permits --
Wells coming off the confidential list were posted earlier; see sidebar at the right. 

Six (6) producing wells completed:
  • 24540, 2,271, Whiting, Levi Federal 21-33H, Sanish, t 2/14; cum -- 
  • 25499, 707, HRC, Moline 157-100-20D-17-2H, Marmon, t2/14; cum --
  • 25430, 2,204, XTO, FBIR Youngbear 31X-9A, Heart Butte, t2/14; cum --
  • 26211, 1,188, HRC, Moline 157-100-20D-17-3H, Marmon, t2/14; cum --
  • 25431, 1,785, XTO, FBIR Youngbear 31X-9E, Heart Butte, t2/14; cum --
  • 25429, 1,410, XTO, FBIR Youngbear 31X-9F, Heart Butte, t3/14; cum -- 
Wells coming off confidential list Thursday:
  • 25976, 1,976, KOG, P Vance 154-97-4-17-2-14H, t2/14; cum --
  • 26030, drl, KOG, P Earl Rennerfeldt 154-99-1-3-27-1H,
  • 26135, 705, SM Energy, Doris 1X-13H, t1/14; cum 9K 1/14;
  • 26252, 734, Newfield, Eide 150-99-7-6-2H, t1/14; cum 14K 1/14;
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Screwed The Pooch

Andrew's comment over at this story was right on target:
One more thing (a natural gas deal with Shell) that Ukraine missed out. So let's take a look: no more $98 million per year from Russia for the naval base; no more $15 billion, no strings attached aid; no more discount gas from now on from Gazprom. Lukoil stopped oil flow to Ukraine, no more talks with Shell for extracting oil, lost Crimea permanently. Ukraine really screwed the pooch here on this one. I bet this new government didn't predict this one, huh? Wow, this is a complete circus, but its ok. The Ukraine will get $1 billion dollar loan from US that will go straight to Russia's pocket for natural gas payments, and the Ukraine will still owe about $1 billion to Russia. 
If Putin wants the whole country, he doesn't have to do a thing -- just wait the Ukraine out -- I give the country one harsh winter .... unless, of course, Merkel and Obama want to step in and start sending the Ukraine several billion dollars every year for the next decade.

A Reader Comments On Some Of The Recent Vern Whitten Photographs

I always enjoy receiving a new set of photographs from Vern Whitten. Seldom do I get a long comment on the photos, but a reader sent me the following note, which is quite enjoyable.
Vern Whitten's "Never Ending Winter" photographset, which you linked to last Saturday, is quite stunning.  The photographs are gorgeous and have a fine, delicate quality.
I noticed slides 12 - 15 are photos of White Earth Bay.
In slide 12, on the left is the Hess 12-well pad in NWNW 26-154-94 on which Hess has been drilling the EN-Leo and EN-Freda wells that Ihave been discussing.  On the right is a Continental pad where they are drilling several Vachal wells in NENE 27-154-94.  In the Hess spacing unit, section 26 extends south to the lake, and section 35 is almost entirely in the lake.
Across White Earth Bay to the east is Continental's 25-36 spacing unit that has yet to see a drill bit, and that spacing unit goes down to the lake's edge.  Across the bay and around the point, southeast down the lake shore a bit is Continental's 30-well Jersey pad off to the left.  Most of Its 4-section spacing unit is in the lake, and immediately to its west is another Continental 4-section spacing unit that again is mostly in the lake and which Continental will drill from the south side.
In slide 14, north of the Hess pad is section 23 where the EN-Leo H-1, 2 & 3 wells are.  Just under two miles to the east Hess is putting in a pad to drill an additional 4 permitted EN-Leo wells back to the west across the 23-24 spacing unit.
In slide 13 is the Nabors B5 rig that has drilled, other than the spud work, all the EN-Leo and EN-Freda wells to-date.
Enjoy. Again.

Must-See Graphs Over At Carpe Diem

Link here. Thank you, Don. In case the link breaks, it has to do with the phenomenal US crude oil production and US crude oil export over the past several decades in graphic form. Striking.

The comments are as entertaining as the graphs are educational. One comment:

Hell_Is_Like_Newark
In NJ we went through a 50% increase in retail electrical costs in order to pay for a massive increase in solar, wind, and other green projects. Result after years of build out (per EIA): Less than 1% of all the electricity generated comes from these green sources. It’s supposed to be 20% at some point.
Green energy is an unmitigated disaster and deserves to be thrown into the ash pit of history.

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Spin
Financial Times is reporting:

Porsche is set to completely manufacture a car outside Germany for the first time, marking a departure from its proud brand claim that all its vehicles are “Made in Germany.”
Matthias Müller, Porsche chief executive, said on Tuesday that after 2016 the next generation of the Cayenne SUV – a vehicle that currently accounts for roughly half of Porsche sales – will be manufactured entirely in Bratislava, Slovakia.
I love the "stated" reason: to be closer to their fast-growing markets. I can't make that up.

According to google maps, Stuttgart (Porsche HQ/Factory) and Bratislava are less than 500 miles apart. That would be like Mall of America moving to Williston to be closer to a fast-growing market. I doubt the Slovakians are a fast-growing market for Porsche. This is all about cheap labor. No unions in Slovakia.

Northern Italy is a bigger Porsche market than eastern Europe. It is almost twice as far from Bratislava to Milan as from Stuttgart to Milan. Just saying. If they wanted to be closer to their markets, Porsche would have moved to Austria or northern Italy. Or North Dakota. 


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Sad

And I always thought Toyota was better than this. 

The Los Angeles Times is reporting:
In the agreement with the Department of Justice, the Japanese automaker admitted that it misled U.S. consumers by concealing and making deceptive statements about two safety issues affecting its vehicles, each of which caused a type of unintended acceleration. The case focused on reports of floor mats jamming gas pedals and sticking gas pedals.
Misleading regulators. No excuse. Incredible. Sad. No better than GM in my book.

A Random Update On The Road To New England: Look At How Much Coal New England Used This Past Winter

A reader sent me this link. Thank you. Boston Biz Journal reported electricity rates in New England soared 55 percent last year:
If New England’s governors wanted something to help buttress their case for an unprecedented new electricity tariff, ISO New England just gave it to them.
The Holyoke-based grid operator reported today that the volatile natural gas market in this region  pushed wholesale electric prices up by 55 percent last year. We’re already seeing some of this at the retail level, but the real impact will likely be seen in our monthly bills next winter.
Driving this increase is a 76-percent jump in natural gas prices in New England over the same time frame. This region has become increasingly reliant on natural gas as older plants are retired, but pipeline constraints are making it tougher to take advantage of the cheap shale gas from Pennsylvania.
Wholesale electric rates had hit their lowest point in 2012 since the current market system took effect in 2003. So we had been enjoying some benefits from the low-cost Marcellus Shale gas. But it’s going to get harder to do so as more people and businesses convert from heating oil to natural gas, putting added pressure on the pipeline network.
And how would they pay for this expanded pipeline network? From the same source, different link:
Here's one more reason to complain about this bitter cold snap we're all experiencing: It could cause our electric bills to go up again next year.
We saw this already in the past year, with National Grid's and NStar's rates rising by double-digit percentages this winter. Blame New England's constrained pipeline capacity: On cold days, the natural gas pipelines are filled to capacity, but power plants that normally rely on that gas get bypassed to ensure heating customers get what they need.
To keep the lights on, more expensive gas is imported from Canada, and rarely used oil and coal turbines are fired up. (During this cold weekend, as much as 35 percent of New England's electricity came from coal and oil, compared to less than 4 percent normally.) This pattern of tight natural gas supplies and high wholesale electric prices already happened last February, driving up the cost of electricity to consumers this winter.
Well, top state officials across New England are paying attention, and they've come up with an unprecedented solution. The New England States Committee on Electricity, a group of the six governors' top electricity regulators, sent a letter to electric grid operator ISO New England last week on behalf of the states' governors. In that letter, the regulators ask ISO New England to approve a tariff on electricity that would help pay for increased natural gas pipeline capacity into New England by the end of 2017.