Random Update On the Sinclair Porcupine Wells -- November 12, 2021

Located in area of very little activity: southeast corner of McKenzie County; straddling Mountrail county line.

The Porcupine wells:

• pad to the west: 19269, 31314, 31315
• pad to the east: 37325, 37326, 37327
• singleton one mile to the east in neighboring section: 19520
  

• 19520, take off line 8/21 and remains off line 9/21, never a great well, but a steady Eddy which means we will eventually see more drilling here; 1,038, Sinclair, Hovden Federal 1-20H, Little Knife, t3/11; cum 251K 8/21; 
  

Three producing wells (DUCs) reported as completed on August 21, 2021. Never did get this posted.

• 37325, conf, Sinclair, Porcupine 6-19H, Little Knife, no production data, 
• 37326, conf, Sinclair, Porcupine 5-19H, Little Knife, no production data, 
• 37327, conf, Sinclair, Porcupine 4-19H, Little Knife, no production data, 
  

 

• 19269, parent well, 410, Sinclair, Porcupine 1-19H, Little Knife, t9/11; cum 230K 6/21; no jump in production; taken off line 6/21; remains off line 9/21; returned to production, 10/21;
  
• 31315, conf, Sinclair, Porcupine 3-19TFH, Little Knife, no production data; 
• 31314, 2,352, Sinclair, Porcupine 2-19H, Little Knife, scout ticket still shows this well as TA/TATD:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2021	10	8812	8274	14105	14445	0	14407
BAKKEN	8-2021	22	16945	17429	29250	25380	0	25297
BAKKEN	7-2021	24	26661	25903	53129	38369	0	38279

Two Wells Coming Off Confidential List -- November 12, 2021

California gasoline prices: highest in history: link to Julianne Geiger. And it could get a whole lot worse.

Some thoughts on banning US oil exports: from social media.

France? I thought the country was energy independent with all its nuclear energy. Now we see this: Cheniere to supply LNG from Texas under new deal with France's Engie.

Crude oil is back ... and it isn't going anywhere. Link to Tsvetana Paraskova. 

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Back to the Bakken -- Let's Go Brandon

Active rigs:

$80.06	11/12/2021	11/12/2020	11/12/2019	11/12/2018	11/12/2017
Active Rigs	23	15	54	66	52

Friday, November 12, 2021: 17 for the month, 20 for the quarter, 271 for the year:

• 37500, conf,  CLR, Harrisburg 7-34HSL, Indian Hill, no production data,
• 37384, conf, Petro-Hunt, Jorgenson 158-94-12D-1-3H, East Tioga, no production data, 

RBN Energy: greater EV adoption creates a disruptive predicament for US power grid. Archived.

Electric vehicles sit front and center in the effort to decarbonize passenger transportation, a movement that helped make Tesla’s Elon Musk the richest man in the world. Pair this with heavy attention to EVs from the broader car-and-truck market and the White House’s goal of 50% EV sales by 2030 and it makes you wonder how EVs will impact the energy and power-generation sectors. We’ve all seen how power grids can be overwhelmed during periods of extreme heat or cold, by relying too heavily on intermittent renewables like wind and solar, or — as many Texans saw last February — by interruptions in natural gas deliveries to gas-fired power plants. What might happen when we add tens of millions of power-hungry EVs to the mix? In today’s RBN blog, we discuss the impacts that scaling electric vehicles may have on energy and power markets and the power grid.

The push for plug-in electric vehicles (PEVs) — a subset of electric vehicles that includes all-electric, battery electric vehicles (BEVs) such as the Tesla Model S and the Chevy Bolt, and plug-in hybrid vehicles (PHEVs) such as the Honda Clarity and the Ford Escape PHEV — will disrupt current driving and power consumption norms and has the potential to have major market impacts. An early market worry ties to infrastructure needs, which are proving to be one of the biggest hurdles in the switch from internal combustion engines to EVs.

Notes From All Over -- November 12, 2021

Weather: no hurricanes? Global warming. Lots of hurricanes? Global warming. I thought this season was very, very mild. Link here. For the first time on record -- since 1950 -- the globe -- the entire world -- has had NO major hurricane / typhoon formations from September 26, 2021, to November 10, 2021.

Can AMC compete with streaming at home? Social media weighs in. 

Sleepless in Seattle, unsafe in Portland: Link here.

Carter redux: from the NY Times:

Homeless in Oregon: would love to have a thermostat.

Notes From All Over -- The Celebrity Edition -- November 12, 2021

Alex Gorsky: twice in just a few days, the CEO of JNJ is in the news. A few days ago, it was announced that Gorsky joined Apple, Inc.'s board of directors; and now, this morning, JNJ is surging after announcing that JNJ will split into two companies. 

JNJ, continued: I was disappointed that one of the main reasons for this split was not discussed. 

Taylor Swift: trending now that it's being reported that she is re-recording her albums.

Gene Simmons: trending.

Jack Frost: trending. Here is the latest. And from November 11, 2021, over North Dakota. Time to get out the Carhartt jackets.

Hardest-working states in American: link here. From a reader, thank you. Perhaps a stand-alone post later. Spoiler alert: Alaska and North Dakota have traded the number one spot back and forth over the years. The lede:

Americans are hard workers, putting in an average of 1,767 hours per year as of 2021, according to the World Economic Forum. That’s 435 hours per year more than Germans work, but 357 fewer than Mexicans do. Comment: I was surprised to see Germany mentioned in the lede; I would have expected England.

Dithering: Brandon's SecEnergy laughs when asked about the high price of gasoline. She says she does not understand why $80-oil does not incentivize oil companies to drill for oil. This is one of the reasons, though minor, but it highlights how the Brandon administration will do what it takes to hurt the domestic oil sector. The sword of Damocles.

OPEC: why some folks think OPEC is not increasing production quotas. Link here.

Strikes: not looking good for John Deere and Kellogg employees. Time to get with the program.  The John Deere strike began on October 14, 2021. The Kellogg strike has gone on even longer; it began October 5, 2021. This speaks volumes about the stories we aren't being told about supply chain shortages and the labor market.

Notes From All Over -- Let's See The Graphics -- November 9, 2021

Here's the headline and the link: Covid-19 hospitalizations rising in parts of California, a potentially ominous sign. What regions specifically? The Inland Empire and the Central Valley. 

First question? Rate of immunizations. As expected. Provides the reason for increasing hospitalizations in these regions. We saw the same thing in Colorado. 

Graphs here. Move along, nothing to see here. 

Apple, Inc. Wow. Alex Gorsky, CEO of JNJ has just joined the Apple board of directors. Think about it.