Sunday, February 21, 2021

CLR's Gordon Federal Wells Have Been Updated -- February 21, 2021

Link here

A mix of wells; good to excellent wells. Many permits expired. Will they be renewed?

A WPX Good Voice Just Went Over 500K Bbls Crude Oil Cumulative -- February 21, 2021

This page won't be updated. This well is tracked elsewhere. This well has just gone over 500K bbls crude oil cumulative:

  • 27068, 502, WPX, Good Voice 34-27HD, Squaw Creek, t11/14; cum 514K 12/20; off line while neighboring wells fracked; off line for about five months; now back on line as of 1/19; recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-2020312946292148879156873352
BAKKEN11-20203030893082379809674060
BAKKEN10-20203141954217417924284180
BAKKEN9-20203034183442370805773290
BAKKEN8-2020314933486565811552106520
BAKKEN7-202031506550599389464853415

Reminder: Focus On Fracking Weekly Update Should Be Released Later Tonight -- February 21, 2021

Link here.

Discrepancy In CDC Vaccination Data -- February 21, 2021

This is the vaccine data I posted this past week. I just added the Sunday, February 21, 2021, data a minute ago from this site



A

B

C

D



Doses of vaccine distributed to health facilities

Change from day before

Vaccinations given

Change from day before

Sunday

February 21, 2021

75,204,965

-3,923,530

63,090,634

1,801,134

Saturday 

February 20, 2021

79,128,495

976,000

61,289,500

1,704,457

Friday

February 19, 2021

78,152,495

2,864,685

59,585,043

1,651,608

Thursday

February 18, 2021

75,287,810

1,814,918

57,933,435

1,651,608

Wednesday

February 17, 2021

72,423,125

765,150

56,281,827

1,061,463

Tuesday

February 16, 2021

71,657,975

800,088

55,220,364

1,168,004

Monday no data holiday

February 15, 2021

70,857,888

800,088

54,052,360

1,168,004

Sunday

February 14, 2021

70,057,800

521,538

52,884,356

2,236,899

Saturday estimate

February 13, 2021

69,536,263

521,538

50,647,457

2,236,899

Here's a screen shot of today's data from the linked CDC site:

Today's CDC data says 75,204,965 doses were distributed. In fact, we hit 75 million distributed doses last Thursday, and had reached 79 million yesterday, Saturday, from the same CDC source.

Today, the number decreased by 3.9 million doses. 

Pemex's Oil Production -- Update -- February 21, 2021

Some years ago I was taken to task by a reader suggesting I did not know the difference between petroleum and oil (which, at that time, was true ... LOL). 

But it turns out I might not have been the only one.  Irina Slav is pointing out that Mexico is reporting its crude oil production has increased year-over-year.

It turns out there's a bit of smoke and mirrors here. 

Mexico’s Pemex reported its oil production grew last year, for the first time in fifteen years. However, there’s a big catch—the increase was only a result of how the company is counting barrels, Bloomberg reports.

And anyone trying to compare production figures from year to year will run into a problem of comparing apples to oranges.

The change in calculations is pretty straightforward; Pemex simply started adding gas condensate output to the total crude oil production it counts.

Without condensates, Pemex and its partners produced 1.66 million bpd of oil last year, down 1 percent on 2019.

With condensates, oil production was 0.23 percent higher last year.

The boost was made possible by new condensate discoveries that added 46,000 barrels daily to Pemex’s condensate production: a twofold increase. A positive as this is, it is questionable whether the condensate production increase should actually count towards the company’s total oil production, which it has been struggling to boost after a persistent decline.

More from the linked article:

  • PEMEX: most heavily indebted oil company in the world; a burden of $100 billion;
  • PEMEX has revised down its forecast of this year's production, from 2.027 million bpd to 1.857 bpd (an 8% cut in the forecast)
  • Mexico has cut PEMEX tax rate from 65 percent to 58 percent and may cut it to 54 percent
    • probably won't help