Check out this video on how to stay creative:
A few more ideas:
30 – Read political, economic, and social opinions from people with a different worldview – Twitter is a superb for this.
31 – Read a book by an author you haven’t looked at before. I just did this and got an amazingly depressing view of post-reconstruction America while finding I enjoy someone whose work I’ve not read before.
32 – Write a blog. You will be amazed how much it stretches you.
Next post: there are times when we shouldn’t be creative.
Here is an updated graph of monthly production in the state, for the Bakken fields and whole state.
Can you pick out the winter months just by looking at the graph?
There were 18 days in February with temps 5 degrees lower than the usual frigid, 4 days with high wind that stopped completions, and production stopped on over a hundred wells because a gas processing plant was off-line for upgrades. With all that, production grew 16,224 bopd to 951,350 bopd.
That is off the high of 973,280 in November.
For more info, check out Amy Dalrymple’s report: Helms says curtailing oil production necessary to reduce flaring. Additional news there is planned rules for the state will place a limit on flaring, which will slightly hold back production.
The Economist has a suggestion on how to reverse the current situation where some college degrees aren’t worth the time and effort: Making college cost less.
A few points from the lead article:
Thirty years ago there one college bureaucrat for two academic staff. Now the ratio is one support staff to one academic.
The tech revolution is working its way into academia, but the progress is very slow.
Forecast from Wood Mackenzie, as announced in Oil & Gas Financial Journal: Bakken Drilling and Completion Capex to Top $15B in 2014.
Highest 30 day Initial Production rates are above 1,000 bopd in the Nesson Anticline.
EURs are highest in the Fort Berthold subplay at 700,000 barrels.
Cool graph in the Wall Street Journal article Consumers Weigh in on AT&T’s Move to Cut Landlines shows the steadily increasing number of households that have dropped a landline and only use cell phones.
My estimates from reading the graph show this portion of US households don’t use a landline:
Last September, I mentioned About one-fourth of households rely on cellphones instead of landlines. So, 28% last fall, 39% now.
Article describes a town in Alabama where AT&T wants to drop landline service completely.
Russell Gold, a reporter with the Wall Street Journal has a new book out, The Boom, which discusses the amazing changes in the energy world due to hydraulic fracturing.
The WSJ has a great excerpt from his book in the 4/8 paper edition. You can find the online edition at A Look Inside America’s Fracking Boom.
You can find the book at Amazon here.
The excerpt is superb, by the way.
Book was released today. I already have my copy on my e-reader. Also have a lot of other books on my to-read list, so may be a while before I have any comment on it.
A few years ago, I would have had a 500 word post on each of the following articles from Million Dollar Way. Now I’m to the point where I get the knowledge quicker and only want to summarize in a few sentences. The news in these two posts is huge: First, the horrid Bakken decline rate might not be as big a deal as previously thought. Second, the drilling rate of 2,500 new wells a year is probably sustainable.
The declining relevance of the decline rate
Here are a few data points on the cost of building various kinds of facilities to generate power. Accumulated for future reference.
3/27 – Bismarck Tribune – North Dakota regulators approve peaking station turbines – Read more…
There’s an old line from the newspaper era: Don’t pick a fight with someone who buys ink by the barrel. If you do, tomorrow you will see 10,000 printed copies of the next step of the argument.
The internet equivalent is:
Don’t pick a fight with someone who buys pixels by the terabyte.
Today’s addendum is: especially when said person routinely prints 13,700 copies of tweets.
(Cross post from my other blog, Nonprofit Update.)
Francine McKenna got a threatening email from a guy who had a role in a failed company. You can read all about it: Benjamin Wey Sent Me A Threatening Email About AgFeed.
The company, AgFeed, is the recipient of litigation, a target of SEC investigation, and the subject of many news reports. Mr. Wey didn’t like Ms. McKenna’s coverage and threatened her with some sort of harm. I can’t quite tell what the harm will be (opinion), but there will be something. Read more…
Here’s a few quick notes on interesting news that I won’t cover in a separate post.
3/25 – Alberta Oil Magazine – Here We Go Again – The second wave of the horizontal revolution is on its way – Read more…
Sergeant Chip Saunders’ World War II exploits were chronicled in a 1960s television series, Combat!!, a reality show decades ahead of its time. The documentary series is available at Amazon here and here. A generation of youth grew up following tales of his experiences. Many of his peers found reward in hearing of his journey across Europe.
After he withdrew from public life for a season, this blogger is pleased to report that Sgt. Saunders is still at work, doing a little double dipping to increase his pension when he eventually retires.
Where is he now?
He keeps a low profile, but is currently a supervisor in the Richmond Federal Reserve Bank. I was able to track him down after a recent PR piece from the Richmond Fed unintentionally gave me a hint of his location. I can now confirm that formerly Sgt. Saunders is now a Lieutenant supervising a Quick Reaction Force in the Richmond Fed’s Law Enforcement Unit.
He continues to use a trusty, battle-proven .45 caliber automatic rifle as his personal weapon as he again leads a squad protecting American national resources.
Tracking down the WWII hero
Here’s the clue followed to track down Lt. Saunders: Vintage Thompson Machine Gun. The Richmond Fed has two of the trustworthy Thompsons in the Law Enforcement Unit’s inventory.
The Ivanpah solar facility will need to increase the amount of natural gas burned in order to keep the facility running efficiently. Using an extra 601 million cubic feet of gas each year will not have any significant environmental impact.
Chris Clarke reports on the plant owner’s request on 3/27: Ivanpah Solar Plant Owners Want To Burn a Lot More Natural Gas. The application is found here. Most of the application is over my head, but I was able understand much of it.
To keep each of the three powerplants running requires having a gas-powered turbine running 4.5 hours a day. This is to help warm up the water and maintain production as the sun goes down.
Here is my eleventh list of good stuff on our surveillance society that I’d like talk about but only have time to recommend with a paragraph. One new perspective is maybe we should fully embrace the surveillance society and push the boundaries out further. Hmm.