Friday, April 22, 2022

Another Cryptocurrency Data Center In North Dakota? ISO NE -- Friday Night -- April 22, 2022

North Dakota -- Cryptocurrency -- Shark Tank's Kevin O'Leary

Kevin O’Leary of Shark Tank Fame is interested in placing a $3 billion bitcoin mining operation in North Dakota, according to a media release from the North Dakota Department of Commerce.

“North Dakota has exactly what we need to build sustainable data centers,” said O’Leary, a well-known entrepreneur and a judge on TV’s Shark Tank. “In fact, I know that North Dakota is a great place to do business from my investment in PRx Performance in Fargo, which is one of the most successful companies featured on Shark Tank.”

O’Leary was joined in the visit by other representatives of the cyrptocurrency company Bitzero, including the company’s CEO, Akbar Shamji. They met with Gov. Doug Burgum, U.S. Sen. John Hoeven, Commerce representatives, Chief Information Officer Shawn Riley and other state officials.

The company anticipates having an established location set up beginning within the next three to four months.

ISO NE: Link here.

  • Friday night, 7:20 p.m. ET
  • demand: low; 12,502 MW
  • pricing: 6th decile, $110
  • marginal fuel: hydro, wind
  • mix:
    • natural gas: 49%
    • nuclear: 19%
    • hydro: 19%
    • renewables: 13%

****************************
How Mother Cows Recognize Their Calves

It's calving season here in north Texas. Actually, I think it was calving season several weeks ago, but now that the weather has improved, ranchers are letting their cattle and their calves out on the range.

Almost daily Sophia and I pass a few fields where the cattle are out and about.

The other day I pointed out to Sophia that even though the calves wander away from their moms to play with each other, at the end of the day the mothers locate their calves when they head back to the barn.

I told Sophia that I really did not know how mother cows recognize their own calves ... it was a pretty open-ended statement, not really meant to go anywhere. 

Immediately Sophia told me how mother cows recognize their own calves. The conversation, and none of this is made up.

Sophia: "You know when cattle get sold, they have a tag in their ear."

Me: "Yes.

"Well, they put that tag on when they are born. That way the mother cow knows which calf is hers."

"Oh?"

"Yes, when they go back to the barn, the mother cows just look for the calf with the correct number on the calf's tag and they know which calf is hers."

"Okay. That explains it. I did not know."

Sophia will be eight years old this summer. I think she is going to be a veterinarian specializing in cognitive abilities of large domesticated animals.

Week 16: April 17, 2022 -- April 23 , 2022

Top video of the week;

Top story of the week:

Top international non-energy story:

Top international energy story:

Top national non-energy story:

Top national energy story:

Top North Dakota non-energy story:

Top North Dakota energy story:

Geoff Simon's top North Dakota energy stories:

Energy chaser, Renée Jean:

Operators:

Operations:

Wells:

Fracking:

Natural gas:

Pipelines:

Bakken economy:

Commentary;

Biden's Climate-Friendly Military -- Anas Alhajji -- April 22, 2022

I quit following Anas Alhajji over on twitter; most of his tweets were in Arabic. It's unfortunate because he usually had good information. Someone re-tweeted this tweet from Anas:

Slight Jump In Production In A Neighboring XTo Well To Two Completed DUCs -- April 22, 2022

It looks like this well might have had a slight jump in production (halo effect) when the two DUCs below were completed. My hunch: the increased production won't last long. The well:

  • 29576, 1,184, XTO, Satter 31X-1H, Siverston, t12/15; cum 187K 2/22; recent productiona;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-202228404934724866862385340
BAKKEN1-20229114112971318166416430
BAKKEN12-202120287931133473545554000
BAKKEN11-202119275124843449406940120
BAKKEN10-202113174615012683264125840
BAKKEN9-20210020000
BAKKEN8-2021001660000
BAKKEN7-20211783088682926591948679
BAKKEN6-202130106411891254263226070

Two producing wells (DUCs) reported as completed:

  • 35047, 2,511, XTO, Johnson Trust 21X-6EXH-N, Siverston, cum 157K in about 3.5 months;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-20221915093154381031756662564650
BAKKEN1-202231328333330721242101786101292174
BAKKEN12-2021314853848389278631215341212070
BAKKEN11-2021295991859089361791340081337230
BAKKEN10-202100140000
BAKKEN9-20212182041449660966
  • 35044, 2,629, XTO, Johnson GTrust 21X-6AXD, Siverston, cum 194K in about four months;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-2022201844318599997252334521280
BAKKEN1-20222221381219891081566969654111340
BAKKEN12-20213134707346211608984412813402747
BAKKEN11-2021305859858587250621436811384284936
BAKKEN10-202126603876036429909130702130189244
BAKKEN9-20213102703256255402554

Blizzard Warning For The Weekend; XTO Reports Two Huge DUCs; CLR And Lime Rock Report Eight New Permits; Neset Consulting Has a Permit For A Wildcat In McKenzie County; Seven Permits Renewed By Enerplus -- April 22, 2022

Weather: Williston is the bull's eye for the next spring winter storm.  Blizzard warning:

  • 4:00 a.m. CT, Saturday, to 7:00 p.m. Sunday
  • this is Winter Storm Greta 2.0 

Morgan Stanley: calling for $130 oil 2Q22.

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Back to the Bakken

Weather: Williston is the bull's eye for the next spring winter storm.  Blizzard warning:

  • 4:00 a.m. CT, Saturday, to 7:00 p.m. Sunday
  • this is Winter Storm Greta 2.0 

NOG: to report 1Q22 earnings after market closes, Thursday, May 5, 2022.

Active rigs:

$102.10
4/22/202204/22/202104/22/202004/22/201904/22/2018
Active Rigs3716296259

Nine new permits, #38890 - #38898, inclusive:

  • Operators: CLR (5); Lime Rock Resources (3), Neset Consulting Service
  • Fields: Jim Creek, (Dunn County); Stanley (Mountrail County); and, wildcat, McKenzie County
  • Comments:
    • CLR has permits for five Bonney wells, 
      • to be sited in SWSW and SESE section 3-145-96; 
      • three to be sited between 489 FSL and between 353 FEL and 443 FEL; 
      • two be sited between 313 FSL and 358 FSL and 1140 FWL
    • Lime Rock Resources has permits for three Hanson B wells to be sited in NENE 18-155-97;
      • to be sited between 717 FNL and between 205 FEL and 325 FEL;
    • Neset Consulting has a permit for a wildcat, Halite 1, to be sited in SESE 30-152-100, McKenzie County; 
      • to be sited 1110 FSL and 331 FEL;

Seven oil and gas permits renewed:

  • Enerplus: a Quartet, an Opera, a Rhythm, a Hatch, a Paprika, a Chimayo, amd a Diablo, all in Dunn County;

Two producing wells (DUCs) reported as completed:

  • 35047, 2,511, XTO, Johnson Trust 21X-6EXH-N, Siverston, cum 157K in about 3.5 months;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-20221915093154381031756662564650
BAKKEN1-202231328333330721242101786101292174
BAKKEN12-2021314853848389278631215341212070
BAKKEN11-2021295991859089361791340081337230
BAKKEN10-202100140000
BAKKEN9-20212182041449660966
  • 35044, 2,629, XTO, Johnson GTrust 21X-6AXD, Siverston, cum 194K in about four months;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-2022201844318599997252334521280
BAKKEN1-20222221381219891081566969654111340
BAKKEN12-20213134707346211608984412813402747
BAKKEN11-2021305859858587250621436811384284936
BAKKEN10-202126603876036429909130702130189244
BAKKEN9-20213102703256255402554