Sunday, November 5, 2017

I Don't Recall This Being Reported By The Mainstream Media -- November 5, 2017

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California Gas Taxes Go Up This Week

From PennEnergy:
Gasoline taxes will rise by 12 cents per gallon Wednesday — and diesel taxes by even more — to raise money for fixing roads and highways.

It's the first of several tax and fee hikes that will take effect after Democratic lawmakers approved them earlier this year, a vote that Republicans see as a key issue in the 2018 election.

Californians already pay some of the highest gas prices in the country. On Tuesday, California's statewide average of $3.04 per gallon was about 57 cents higher than the national average and the highest in the continental U.S.

The price increase for gasoline will be mitigated because it coincides with the annual shift to a winter blend of gasoline, which generally reduces prices by about 6 cents per gallon.

Diesel taxes will go up by 20 cents a gallon and diesel sales taxes will rise by 4 points to 13 percent.

Californians will also have to pay a fee of $25 to $175, depending on the value of their vehicle, when they renew their registration next year. Zero-emission vehicle owners will pay $100 per year starting in 2020 since they don't pay gas taxes.

Sunday Night Meandering -- Nothing About The Bakken -- November 5, 2017

Sports. Wow, another great NFL-free Sunday. Saw the NASCAR race in its entirety. Eric Jones finished #10 and earned some points. Good for him. It looks like we won't see the "big names" in the championship. Danica Patrick is out. Dale Earnhardt is out. Jimmy Johnson is in a do-or-die situation going into the next race. At 51 points down, I assume JJ nearly has to win next week's race to qualify for the Final 4 Race To The Finish, or whatever they call it these days. By the way, was the winning car a Ford Fusion today? I think so. But if Danica Patrick is out, is NASCAR even worth watching any more? LOL.

Vin Scully: will never watch another NFL game. Meanwhile, it is reporting that stadiums are "empty." Not quite, but lots of empty seats.

Miss American 2018 visits Williston. Was crowned Miss North Dakota earlier.
She recently visited a Children’s Miracle Network hospital in San Antonio, where she got to see nearly every patient.
Most of them were really excited to see her, but one boy wasn’t impressed.
After she talked with him for a while, he was still skeptical.
“If you’re really Miss America, are you married to Captain America?” he asked.
“I said, ‘Yes!” she recalled.
Changing names: outside of the Portland, OR, area folks may not know that Kroger is buying the Fred Meyer grocery/clothes line of "department" stores. Apparently, they've decided on a new name for the merger: Freddie Kroger. LOL.


Market. Futures mean squat but right now all three major indices are showing green. Whoo-hoo. Even WTI is holding at $55.80. [Update, later: boo-hoo -- futures turned "red" about 8:00 p.m. Central Time -- coincided with the public service announcements (PSAs) by NFL players they supported the US military men and women. Whatever. They actually have to have PSAs now to tell us they support the US military men and women (but perhaps not the US military leadership.]

Technology: wow, technology is great. A reader introduced me to a bit of technology that I did not know existed on pdf's. Lots of fun.

$1,000 camera. Speaking of technology, that reminds me. Samsung, at Costco, is now advertising the Samsung Galaxy Note 8 Phone as a Samsung Camera. It's not a phone any more. It's a camera. Which just happens to have a "phone" feature. For Apple, it's not an iPhone X any more either. It's a mobile computer with a huge touchscreen and a wi-fi stereo system. The ability to make phone calls via "the phone" is becoming less and less interesting; for all intents and purposes, the ability to talk to someone via "the phone" is simply an app. In fact, my hunch is that Sophia, our 3-year-old granddaughter, will someday ask what a phone is. She will simply touch the "talk-app," or more likely,  the "FaceTimeHologram" app. In fact, I assume with facial ID she will simply have to look at the "FaceTimeHologram" app, wink, and it will open automatically. But the CNBC crew will still say Apple is simply evolving, nothing revolutionary to see here.

Ultimate Christmas gift for grandchildren: a $1,000 Apple iPhone X with Apple Pay linked directly to Grandpa's bank account.  Does anyone really believe Apple Pay is not among the top eight favorite mobile pay apps? In 2016, it was ranked #5.

Money, Money, Money, ABBA

Book reviews: the past week I saw a number of book reviews and/or essays regarding socialism, communism, etc. I was mentioning that to our old granddaughter -- and then it dawned on me, this year is the 100th anniversary of the Russian Revolution, October, 1917. Completely slipped my mind. Fifty percent of millennials say they would like to live in a socialist country: Yemen, North Korea, Cuba, Venezuela, top the list, I suppose. I don't even think China or Russia really qualify for true socialists any more. I don't know. Maybe Bernie would know.

Amazon deliveries: in the good old days I would order something from a catalogue or more recently, on line, and part of the excitement was the anticipation of receiving the item in the mail. The excitement has been lost. I cannot get used to it. I order something from Amazon, and I get it in two hours. I specifically ask Amazon to delay delivery (for various reasons) and items still arrive in less than two days. Drives me nuts. I can't even enjoy the excitement of anticipation any more.

Best comment all day: when it was revealed that Wilbur Ross forget to mention something regarding his financial holdings, this is what someone over at The WSJ said in a comment: "Another shoe just dropped," McCain told a CNN reporter outside a Senate office in Washington. "There will be many more shoes that drop." It's a centipede.

Nothing is ever clear. Let's see -- there's a Saudi purge and the son of the former crown prince of Saudi Arabia dies in a helicopter crash along with his closest friends, and folks can't come up with a "connection." Ask Hillary; remind her about Vince Foster. From The WSJ:
Saudi Prince Mansour bin Muqrin and a number of government officials were killed Sunday in a helicopter crash some 70 miles from the kingdom’s southern border with war-torn Yemen.
Prince Mansour is the son of prince Muqrin bin Abdulaziz, who resigned from his position as Saudi Arabia’s crown prince in April 2015 to make room for King Salman’s son Mohammed bin Salman.
It wasn’t immediately clear whether there was any link between the crash and a bloody Saudi Arabia-led war against Yemen’s Houthi rebels, which has raged across the border for more than two-and-a-half years.

Enerplus' Warrior Pad In Spotted Horn -- This Is How Good The Bakken Is

One-half-million bbls of crude oil / well (# 23541, #26608) in three years.  As of 9/17, still producing 7,000 bbls / month. 

The Enerplus "Warrior Pad" wells in Spotted Horn:
  • 23541, 1,545, Enerplus, Honor 150-94-06B-18H TF, 59 stages; 14.3 million lbs; Spotted Horn, t6/14; cum 723K 6/21; it's very, very subtle, but it certainly seems like a frack to the west might have had a positive impact on this well; cum 751K 6/22;
  • 23542, 1,007, Enerplus, Grace 150-94-06B-07H, Spotted Horn, 28 stages; 3 million lbs, t2/13; cum 380K 6/21; off line 4/20; back on line; cum 400K 6/22;
  • 26608, 1,601, Enerplus, Courage 150-94-06A-18H, Spotted Horn,55 stages; 13.3 million lbs, t6/14; cum 667K 6/21; cum 686K 6/22;
  • 26609, 1,703, Enerplus, Pride 150-94-06A-18H TF, Spotted Horn, 62 stages; 12.7 million lbs, t10/14; cum 574K 6/21; cum 613K 6/22;
The graphic:

The WPX Ruby Wells In Antelope Oil Field

The WPX Ruby Parshall wells, Antelope-Sanish:
  • 35811, 2,957, WPX, Ruby 31-30HG, Antelope-Sanish, t7/19; cum 191K 10/20; cum 219K 4/21;
  • 32598, 2,415, WPX, Ruby Parshall 31-30HY, Antelope, Sanish, 47 stages; 6.1 million lbs, t9/17; cum 435K 10/20; off line all of 6/19; coming back on line 7/19; cum 447K 4/21;
  • 32599, 2,386, WPX, Ruby Parshall, Antelope, Sanish, Three Forks, 61 stages, 20 million lbs, t9/17; cum 325K 10/20; off line all of 6/19; coming back on line 7/19; cum 335K 4/21;
  • 32600, 2,306, WPX, Ruby Parshall 31-30HZ, Antelope, 41 stages; 6.1 million lbs, t9/17; cum 406K 10/20; off line all of 6/19; coming back on line 7/19; cum 425K 4/21;
The Ruby wells:
  • 23483, 1,471, WPX, Ruby 31-30HB, Antelope, t1/13; cum 426K 10/20; off line all of 6/19 and 7/19; cum 435K 4/21;
  • 23482, 1,503, WPX, Ruby 31-30HW, Antelope, t8/14; cum 283K 10/20; off line all of 6/19 and 7/19; cum 291K 4/21;
  • 23481, 1,399, WPX, Ruby 31-30HA, Antelope, t8/14; cum 303K 10/20; off line all of 6/19 and 7/19; cum 309K 4/21;
  • 27728, 1,458, WPX, Ruby 31-30HX, Antelope, t8/14; cum 339K 10/20; off line all of 6/19 and 7/19; cum 350K 4/21;
  • 36089, SI/NC-->220, WPX, Ruby 31-30HEL, Antelope, first production, 6/19; cum 21K over 38 days; cum 169K 10/20; cum 198K 4/21;
The graphic:


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These Wells Come Off Confidential List The Week Of November 6, 2017

32598, 32598, 2,415, WPX, Ruby Parshall 31-30HY, Antelope, Sanish, 47 stages; 6.1 million lbs, t9/17; cum 36K over 21 days;

DateOil RunsMCF Sold
9-20173565920411

32599, 2,386, WPX, Ruby Parshall, Antelope, Sanish, Three Forks, 61 stages, 20 million lbs, t9/17; cum 22K over 21 days; :

DateOil RunsMCF Sold
9-20172166913581

32600, 2,306, WPX, Ruby Parshall 31-30HZ, Antelope, 41 stages; 6.1 million lbs, t9/17; cum 42K 9/17:

DateOil RunsMCF Sold
9-20174149928117

Wells Coming Off Confidential List This Week -- November 5, 2017

Monday, November 13, 2017: 24 for the month; 61 for the quarter
None.

Sunday, November 12, 2017: 24 for the month; 61 for the quarter
32999, conf, Crescent Point Energy, CPEUSC Dressler 7-36-25-158N-100W TFH
29070, conf, BR, CCU Audubon 31-27TFH, 

Saturday, November 11, 2017: 22 for the month; 59 for the quarter
33127, conf, Hess, SC-1WX-152-99-0809H-6,
31464, conf, HRC, Fort Berthold 148-94-36C-25-8H, McGregory Buttes, producing,
30640, conf, Whiting, Obrigewitch 44-8PHU, Bell, producing,
29069, conf, BR, CCU Audubon 21-27MBH,

Friday, November 10, 2017: 18 for the month; 55 for the quarter
33128, conf, Hess, SC-1WX-152-99-0809H-6,
29134, conf, HRC, Fort Berthold 148-94-36C-25-12H, McGregory Buttes, producing,
29068, conf, BR, CCU Boxcar 34-22TFH,

Thursday, November 9, 2017: 15 for the month; 52 for the quarter
33489, 839, Kraken Operating, Kari 30-19 3H, Squires, 50 stages; 15 million lbs, t9/17; cum 14K over 25 days;
33129, SI/NC, Hess, SC-1WX-152-99-0809H-8, Banks,
32790, 1,050, QEP, MHA 4-27-34H-148-92R, Heart Butte, Three Forks, 48 stages; 9.1 million lbs (sand/ceramic), t5/17; cum 38K 9/17; 
32598, 2,415, WPX, Ruby Parshall 31-30HY, Antelope, Sanish, 47 stages; 6.1 million lbs, t9/17; cum 36K over 21 days;
31345, SI/NC, Crescent Point Energy, CPEUSC Dressler 4-36-25-158N-100W, Dublin
29067, SI/NC, BR, CCU Boxcar 24-22MBH, Corral Creek,

Wednesday, November 8, 2017: 9 for the month; 46 for the quarter 33490, 839, Kraken Operating, Kari 30-19 4H, Squires, 50 stages, 15 million lbs, t9/17; cum 14K over 25 days;
33488, 845, Kraken Operating, Kari 30-19 2H, Squires, 50 stages, 15.4 million lbs, t9/17; cum 14K over 23 days; producing,
32599, 2,386, WPX, Ruby Parshall, Antelope, Sanish, Three Forks, 61 stages, 20 million lbs, t9/17; cum 22K over 21 days;
Tuesday, November 7, 2017: 6 for the month; 43 for the quarter
32600, 2,306, WPX, Ruby Parshall 31-30HZ, Antelope, 41 stages; 6.1 million lbs, t9/17; cum 42K 9/17;

Monday, November 6, 2017: 5 for the month; 42 for the quarter
32860, conf, Hess, AN-Dinwoodie-153-94-2833H-2,

Sunday, November 5, 2017
: 4 for the month; 41 for the quarter
32861, conf, Hess, AN-Dinwoodie-153-94-2833H-3, Antelope, 

Saturday, November 4, 2017
: 3 for the month; 40 for the quarter
32862, conf, Hess, AN-Dinwoodie-LE-153-84-2833H-1, Antelope, 

Friday, November 3, 2017: 2 for the month; 39 for the quarter
None.