Wednesday, November 15, 2023

Memories -- November 15, 2023

Locator: 46063BUC-EES.

Oh, before I get started and before I forget. Announced today: Buc-ee's and Mercedes have partnered to put in EV charging stations at all Buc-ee's service stations. Apparently there are 34 Bucc-ee's in Texas and twelve across the rest of the US -- mostly between here and Nashville / Chattanooga. Bucc-ee's goal is to have EV charging stations at 31 of their 46 sites. 

Now, back to regular programming. 

No Bakken tonight.

It's a USAF night.

Yeah, I know, Top Gun was a US Navy movie. 

Combat Aircraft.

We will meet again.


Clever ideas.

Of The Ten Best Ski Resorts In North America, The Ski Resort North Of Flathead Lake Ranks #9 -- November 15, 2023

Locator: 46062SKI.

Link to The WSJ. 

For me it's #1.

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A Girl's Best Friend

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Only You


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Harvard 

Radcliffe is Harvard.

Folks whose alma mater is Harvard / Radcliffe really are something special.

Over and over and over when reading the wiki bio of someone that captures me attention, that person attended Harvard. Not MIT. Not Yale. Not Princeton. But Harvard.  It's truly amazing.

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10

Bonnie Tyler.

Random Update Of A Few EOG Liberty LR Wells In Parshall Oil Field -- November 15, 2023

Locator: 46061EOGLIBERTY.

These wells are tracked here
.

The map:

Some of the wells:

  • 19721, 1,063, EOG, Liberty LR 19-23H, Parshall, t3/11; cum 433K 9/23; jump in production; F;
  • 20255, 892, EOG, Liberty LR 15-26H, Parshall, t4/12; cum 422K 9/23;
  • 20254, 980, EOG, Liberty LR 20-26H, Parshall, t12/11; cum 393K 9/23;
  • 38325, conf, EOG, Liberty LR 56-2320H, t--; cum --;
DateOil RunsMCF Sold
9-20233719432352
8-20235357747538
  • 30595, loc, EOG, Liberty LR 30-3220H, Parshall,
  • 38329, exp, EOG, Liberty LR 62-2329H, Parshall,
  • 40297, loc, EOG, Liberty LR 75-2629H, Parshall,

EOG With Three New Permits -- November 15, 2023

Locator: 46060GASOLINEDEMAND.

Gasoline demand: link here.

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Back to the Bakken

Active rigs: 37.

WTI: $76.66.

Three new permits, #40340 - #40342, inclusive:

  • Operator: EOG
  • Field: Parshall (Mountrail)
  • Comments:
    • EOG has permits for three Liberty Long Reach (LR) wells, SENW 26-151-91, 
      • to be sited between 1781 FNL andd 1885 FNL and between 2250 FWL and 2310 FWL

The EOG Libery LR wells are tracked here, but have not been updated in a long time:

Eleven permits renewed:

  • Foundation Energy (5): five Trotter state / federal permits, Cinnamon Creek (McKenzie)
  • Hunt (3): a Palermo permit, Ross (Mountrail); two Halliday permits, Werner (Dunn)
  • BR (2): two Statte Dodge permits, Dimmick Lake (McKenzie)
  • CLR: a Ravin permit, Dimmick Lake (McKenzie)

Four producing wells (DUCs) reported as completed:

  • 39168, 917, WPX, Pennington 16-15HB,
  • 39169, 1,024, WPX, Pennington 16-15-14HZ,
  • 39452, 2,220, CLR, Edward 13-23HSL,
  • 39057, 1,393, CLR, Vance 2-14H,

Dry hole:

  • 36705, dry, Hess, BL-Ameeelia-156-95-1514H-7,

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With Regard To The New EOG Permits

The map:

Some of the wells:

  • 19721, 1,063, EOG, Liberty LR 19-23H, Parshall, t3/11; cum 433K 9/23; jump in production; F;
  • 20255, 892, EOG, Liberty LR 15-26H, Parshall, t4/12; cum 422K 9/23;
  • 20254, 980, EOG, Liberty LR 20-26H, Parshall, t12/11; cum 393K 9/23;
  • 38325, conf, EOG, Liberty LR 56-2320H, t--; cum --;
DateOil RunsMCF Sold
9-20233719432352
8-20235357747538
  • 30595, loc, EOG, Liberty LR 30-3220H, Parshall,
  • 38329, exp, EOG, Liberty LR 62-2329H, Parshall,
  • 40297, loc, EOG, Liberty LR 75-2629H, Parshall,

According To Experts -- November 15, 2023

Locator: 46059INV. 

For traders, maybe investors, according to experts -- the best time for money managers to start getting out of cash is two months before "the Fed pauses." 

If that's accurate, traders should have started getting out of cash two months ago -- LOL. Investors still have a bit of time, though if investors weren't fully invested one week ago (I'm talking to Warren Buffett and his horde of cash, earning what -- maybe 5%?), those investors certainly missed a huge two-day surge. Shoot, just putting that $150 billion into TGT a week ago would have earned Buffett 17% (about $25 billion) overnight.

Tech companies like Apple need a huge hoard of cash, or second best, access to a huge hoard of cash. If you know, you know.

Mutual funds, hedge funds, investment companies have no excuse for holding large hoards of cash. There, I've said it.

And I know I'm correct.

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Reverential

That's the word that flashed across in front of my eyes when this song came up in rotation.

I grew up on the Missouri, but never paid much attention to it. I never knew how lucky I was.

And then over the years, the Mississippi River crossed my mind many times, but I don't ever recall much about the Mississippi but I obviously came in contact with it a few times during the years. 

But now that we have a granddaughter at Vanderbilt, we have cross the Mississippi River numerous times on our cross-country trips to visit her. Each time we cross the river, it seems more magical, more sublime.

When Arianna graduates and moves on, it's very possible we will never cross the Mississippi into Tennessee again. Memories will be bittersweet.


Every time I hear this song, I will think of Arianna, Nashville, yesterday and the river. One wonders about Mark Twain and Ulysses S Grant.