Friday, December 7, 2018

Short-Cycle Projects = Shale -- December 7, 2018 -- 68-Year-Old Pelagic To Become Mother For 37th Time

From OGJ -- Chevron will increase 2019 CAPEX -- data points:
  • 2019 CAPEX: $20 billion
  • upstream / downstream
  • CAPEX will focus on:
    • the Permian
    • additional shale and tight development
    • major capital project at TCO in Kazakhstan (recently posted)
  • focused on short-cycle projects
  • more than two-thirds of spend projected to realize cash flow within two years
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68-Year-Old Pelagic To Become Mother For 37th Time

Updates

Minutes later, at 9:21 p.m. CT: wow, it never quits. I try to post a straight news story, no politics, no controversy, and then I get this from a reader?
"Oldest albatross? No. Hillary is still hanging around and she's 71 years old." 
But it appears she has indeed laid an egg: she and her husband are now selling tickets to their evening events on "Groupon."

Original Post
 
Top story of the day, at least for me. From The Guardian: world's oldest known wild bird to become a mother for 37th time.

From the linked story:
In sea mariner lore, an albatross is considered a good omen, and for almost seven decades, one bird has spread generations of blessings across the Pacific Ocean.

Wisdom, a 68-year-old Laysan albatross believed to be the world’s oldest known wild bird, has returned to her home at the Midway Atoll national wildlife refuge for yet another winter – and laid yet another egg to add to the already impressive brood that she has built up over an impressive lifetime.

Biologists with the US Fish and Wildlife Service think the almost-septuagenarian has birthed and raised as many as 36 chicks over the years. Should her latest egg with her longtime lover, Akeakamai, hatch, fledge and take to the open sea, it will be her 37th. Wisdom was first banded in 1956 by biologist Chandler Robbins, who estimated that she was about five years old at the time.

Albatrosses are known for their long life spans and often outlive their researchers – Robbins died in 2017 at the age 98 – but what makes Wisdom unique is that researchers have been able to monitor her habits for so long. She may or may not be the oldest wild bird, but she is the oldest known wild bird, and her habits have been lovingly documented by the fish and wildlife service over social media.

Eight New Permits; CLR Reports Four Completed DUCs -- Nice Wells -- December 7, 2018

Active rigs:

$52.6112/7/201812/07/201712/07/201612/07/201512/07/2014
Active Rigs64533964188

Eight new permits:
  • Operators: CLR (7); Lime Rock Resources
  • Fields: Brooklyn (Williams); Hamlet (Divide); Fayette (Dunn)
  • Comments: CLR has permits for a 2-well Gjorven Federal pad in 21-155-98; CLR also has permits for a 5-well Imsland pad in 31-160-95; Lime Rock has a permit for a Schneider well in 33-143-96;
Four producing wells (DUCs) reported as completed:
  • 34643, 1,651, CLR, Anderson 10X-4HSL1, Crazy Man Creek, t10/18; cum 26K in 21 days;
  • 34642, 1,874, CLR, Anderson 9X-4H, Willow Creek, t11/18; cum 32K in 22 days;
  • 34625, 2,059, CLR, Anderson 7X-4H, Willow Creek, t10/18; cum 33K in 22 days;
  • 34624, 1,740, CLR, Anderson 6X-4H1, Willow Creek, t10/18; cum 26K in 22 days;
Five permits renewed:
  • Petro Harvester (4): four FLX4 permits in Burke County;
  • EOG: a Libery LR permit in Mountrail County;

Mars Lander InSight Faked; Landed On A Bakken Oil Pad -- December 7, 2018

I knew it! I knew it!

The recent Mars landing was faked. Mars InSight did not land on Mars. It landed on a large Bakken oil pad. The pad has been staked and covered with "scoria." The oil company has not yet started drilling.

From this site:
Everyone who has traveled through western North Dakota has noticed the colorful reddish layers and brick-like masses of baked and fused clay, shale, and sandstone that color and shape the landscape
These baked materials, known as clinker (or locally as "scoria"), formed in areas where seams of lignite coal burned, producing heat that baked the nearby sediments to a form of natural brick. Clinker beds typically range from a few feet to 50 feet or so thick in western North Dakota, but much thicker beds are found in Wyoming and Montana.
This is the video of Mars InSight landing on the oil pad about 23 miles northeast of Williston. There are several hints that prove this is in North Dakota. See if you can spot them.

Mars InSight Lands In The Bakken

Obviously the wind was the big giveaway. That is "North Dakota wind." North Dakota wind has its own "fingerprint." UND School of Meteorology catalogues winds from throughout the universe and the "wind" in this video has the North Dakota Wind Fingerprint, #UN.SS.EA.NA.ND.WD.3891092.

Other hints: there are no trees. None. There are only one or two places where there are no trees within NASA's landers, and one of them is North Dakota.

Second: how did the camera crew arrive on Mars to take video of the InSight landing? Impossible. No, the cameramen were on a huge wind tower near Tioga.

Third: in the far distance, on the horizon, starting at 41 seconds one can see a farm house and two out-buildings that are clearly the old Manger homestead near Epping.

Finally, and most convincing, other than the constant wind, there were no clouds. From "Home on the Range:
  • oh, give me a home
  • where the buffalo roam, where the deer and the antelope play;
  • where seldom is heard a discouraging word,
  • and the sky is not cloudy all day
Yeah, I know. You're asking, "So, where are the buffalo and the deer and the antelope?"

Well, you don't see sage grouse either, do you. They're nocturnal. 

Huge "thanks" to a reader who brought this to my attention.

17-Year-Old New Owner Of Bowling Alley In The Bakken -- Bakken Economy -- December 7, 2018

Burger King, Sidney's newest business, is now open for business at 416 N. Central at the Shops at Fox Run from 6 a.m. to 11 p.m. daily. Sidney was chosen for their newest restaurant because of its high traffic location on Highway 200. There are also plans for expansion into Williston. The Sidney store currently has 55 employees but they are hiring.

Bowling: Just like a massive mechanical pin-setting machine, there are a lot of moving parts when you operate a small business. "It's been really good - I mean, sometimes it can be stressful," says Trent Hunskor, "but it actually is really a lot of fun to do." Hunskor is the owner and operator of Lam's Lanes on Main Street in Newburg. Last year, with the help of his parents, the 17-year-old fixed up the city's beloved 4-lane bowling alley, got up to speed on the nuts and bolts, and flipped on the neon "open" sign. Newburg is NNE of Minot, off the main road about midway between Mohall and Bottineau.

"Mind The Gap" As The Brits Would Say -- December 7, 2018

EIA natural gas report.