Friday, February 17, 2017

Nine Producing Wells (DUCs) Reported As Completed; Fifteen Permits Renewed -- February 17, 2017

Active rigs: isn't this interesting -- 40 active rigs today matches the number of active rigs one year ago --


2/17/201702/17/201602/17/201502/17/201402/17/2013
Active Rigs4040135185181

Two new permits:
  • Operator: CLR
  • Field: Alkali Creek (Mountrail)
  • Comment:
Fifteen permits renewed:
  • Whiting (6): three Privratsky permits in Stark County; three Charging Eagle permits in Dunn County
  • Petro-Hunt (5): five USA wells in McKenzie County
  • Newfield ((3): two Orvis State permits, one Gariety permit, all in McKenzie County
  • BR: a State Veeder permit, McKenzie County
Nine producing wells (DUCs) reported as completed:
  • 29928, 1,420, Statoil, Paulson 36-1 5TFH, Briar Creek, t1/17; cum --
  • 31037, 785, Statoil, Vachal 3-34 8TFH, Alger, t1/17; cum --
  • 31584, 482, Statoil, Jack 21-16 XW 1H, East Fork, t1/17; cum --
  • 31585, 594, Statoil, Ruth 28-33 8TFH, East Fork, t1/17; cum --
  • 31838, 1,267, CLR, Charlotte 7X-22H, Banks, 4 sections, 30 stages; 14.6 million lbs, t1/17; cum --
  • 32137, 900, EOG, Ross 106-0915H, Alger, t2/17; cum --
  • 32138, 1,352, EOG, Ross 42-0915H, Alger, t2/17; cum --
  • 32140, 854, EOG, Ross 43-0915H, Alger, t2/17; cum --
  • 32905, 1,984, Statoil, Charlie Sorenson 17-8 XE 1H-R, Chimney Butte, t12/16; cum 7K 12/16;
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Rig Count

Actually, the active rig count was 39 at least at one point during the day one year ago, February 17, 2016 (the number of active rigs are tracked here):


2/17/201602/17/201502/17/201402/17/201302/17/2012
Active Rigs39135185181197

The Political Page, Part 2, T+28 -- February 17, 2017

Updates

Later, 8:08 p.m. Central Time: seeing the "Make America Great Again" rally in Florida today -- my immediate thought -- before this is all over, the press and President Trump are going to be great friends, agreeing to disagree, except for a few really, really alt-right reporters. But as in any negotiation, he and they will meet each other half-way. Both gain from the "interchange." Ratings have probably never been higher for talk shows, on both sides.

Original Post
 
The seven stages of grief:
  • disbelief
  • denial
  • bargaining
  • guilt
  • anger
  • depression
  • acceptance
Four years may not be long enough for some people to get through all seven stages; if not, another four years might be necessary. LOL.

I think most members of the mainstream media and some of the left (but not the alt-left) are moving through the seven stages in lock-step, but if we see some real success stories in the American economy by 2020, one can imagine some members of the mainstream media (like, perhaps, some reporters for The WSJ) will move to the seventh stage.

Professional politicians, on both sides of the aisle, were able to move through steps 1 and 2 very, very quickly. These professionals quickly moved into "bargaining" ("Schumer obstructionism").

My hunch is that most on the left (and all alt-left folks) will get to the sixth stage and then find themselves in a "never-ending stage-5-through-stage-6 loop."

Where we are now:
  • disbelief -- some, particularly those in Hollywood and in DC, are still in disbelief
  • denial -- by the end of February, 2017, most will be past this stage
  • bargaining -- manifested by "Schumer obstructionism"
  • guilt -- Lena Dunham, "Girls" -- TV series -- in Rolling Stone magazine and guilt about her role in Hillary's loss; most alt-left will never experience this stage, going directly to the next stage
  • anger -- most alt-left moved quickly from disbelief and denial to anger; professional alt-left politicians remain mired in "Schumer obstructionism"
  • depression -- the "cupcakes" and "snowflakes" went from stage 1 to stage 6 overnight.
  • acceptance -- ah, the true alt-left will never get here; some mainstream reporters might

Boomtown Administrator's February, 2017, Newsletter

From David Tuan, Williston, ND, City Administrator at this link.

A Coal Story -- February 17, 2017

Updates

Later, 1:12 p.m. Central Time: Scott Pruitt was confirmed. Talk about an incredibly busy day for the president. He flies down to South Carolina. Tours the new Boeing 787-10 Dreamliner. He took his two grandchildren on the helicopter that he flew on while their parents flew on the other helicopter. How much fun was that? Now, as I understand it, he will fly down to Mar-A-Lago. I thought he was going to sign another executive order today, but maybe not.
 
Original Post
 
"They" say that the "EPA" executive order that President Trump will sign later today -- if Scott Pruitt is confirmed as the head of the EPA -- will literally suck the air out of the room.

One wonders.

Today in The Wall Street Journal: Arizona plant poses first test of Trump's support for coal sector. Navajo Nation president appeals to the White House to facility from shutdown.
President Donald Trump’s promise to help the coal industry could be facing its first big test: the decision earlier this week to close a large Arizona coal-burning power plant, and a demand that Mr. Trump prevent that shutdown.
Majority owners of the Navajo Generating Station in Page, Ariz., one of the biggest coal plants in the country, said this week they won’t keep running the plant after 2019 because it is more economic to buy natural-gas-fired electricity than to generate power by burning coal. These kinds of market-driven decisions, rather than regulations, have driven down coal use across North America in recent years.
The plant, which opened in 1974, has also been under growing pressure to reduce its emissions.
But the president of the Navajo Nation—whose reservation is home to both the plant and the coal mine that serves it—says his tribe opposes the plant’s closure and the loss of 800 jobs that depend on it.

Gasoline Demand -- Back On Track? -- February 17, 2017


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