Outrun Change

We need to learn quickly to keep up with the massive change around us so we don't get run over. We need to outrun change.

Two percent increase in North Dakota oil production in June 2019.

Photo by James Ulvog.

Oil production in the state increased 2.15% in June, growing an average of 30,004 bopd, from 1,394,648 bopd average in May (revised) to 1,424,652 in June (preliminary). That is after a lull from October 2018 through May 2019, when the average production increased a mere 648 bopd.

Before showing the production graph, a few comments about prices and rigs in operation.

Prices have declined substantially in the last couple of months:

  • Sweet crude in North Dakota
  • $48.00 March
  • $52.50 April
  • $50.50 May
  • $43.10 June

The drop, especially in June, shows up in the value of crude production:

The productivity of wells has increased over the years. The result is the count of completed wells is largely independent of the number of drilling rigs in operation.

Consider an overlay of the completed well count and the rig count:

Read more…

More tips for people planning a felony on what *not* to do.

If you are planning a felony, consider your pacemaker might testify against you. Image courtesy of Adobe Stock.

As a public service to people planning a felony (but will never read my blog) and also for entertainment of people who would never commit a felony, I have accumulated a few stories of people who really messed up their escapade by not quite thinking things through.

Extra special tip for your planning consideration:  pay attention to the impact of technology.

Previous discussions:

Here are a few more tips on how not to commit a felony, or in one situation how not to commit fraud:

 

Tip #13

This item doesn’t involve criminal charges, but it sure does fit with the theme of these posts…

Image courtesy of Adobe Stock.

Guy took some time away from basketball after college and playing pro on several teams in Europe. Wanted to join a team in Bosnia after his break.

The league requires a drug screening test. For reasons unknown, he used his girlfriend’s urine. Seems obvious to me that he wanted to hide something.

Urine test was clear for banned drugs.

However…

Read more…

Deepfake – manipulating video to create a fabricated story.

Image courtesy of Adobe Stock.

How’s this sound for another down side of technology?

Applying cutting edge technology to a video, changing the words said, altering the mouth movement to conform to the fabricated words, changing facial expressions, and thus fabricating a new video telling a story that doesn’t exist.

That is called deepfake.

Currently, the technology is at a level where a human watching a deepfake can tell it is fake. Inconsistencies in facial movement or lighting or pixelation will give away the fabrication. Several articles say the technology is advancing so fast that soon humans will not be able to detect a fake just by watching.

Special computer programs can detect the alterations.

A few articles for more background:

Read more…

Just another routine space launch and recovery of the booster. What a delight to ponder recollections of the Apollo 11 mission along with another SpaceX mission.

Falcon 9 and Dragon capsule lift off on CRS-18 mission. Credit Flickr. Courtesy of SpaceX who has placed their photos in the public domain.

Just a few days ago we celebrated the 50th anniversary of Apollo 11 landing on the moon. What an astounding accomplishment and what a joy to remember. Take a look at the grainy views of the launch and walk on the moon mentioned in immediately previous post.

Check out the SpaceX Commercial Resupply Mission yesterday, 7/25/19. CRS-18 carried about 5,000 pounds of supplies and experiments to the International Space Station. In four weeks about 3,300 pounds of cargo will be returned to earth.

The mission press release says this is the third time this Dragon capsule has flown, which is a new record for reuse.  This is the second time this particular Falcon 9 booster has flown. The booster was successfully recovered.

The announcer on the broadcast said this is the 44th successfully recovery of a booster.

Read more…

Film clips of Apollo 11 mission to the moon. 50th anniversary is today.

Behind the Black has a series of posts linking to video of the astounding first trip to the moon. Today, July 20, 1969, marks 50 years since humans set foot on the  moon. What an incredible accomplishment.

Some fun links to fun video:

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North Dakota oil production remains steady in May 2019.

Photo by James Ulvog.

Oil production in North Dakota increased slightly to average of 1,393,284 BOPD in May 2019 (preliminary), up 799 BOPD from April (revised).

Rig count has been flat, ranging from low of 61 to high of 67 during the last 12 months.

An odd factor this month is small increase in production (up 799 bopd/day, 0.06%) with increase in producing wells of 194 (+1.26%).

Lynn Helms is cited in article at Bismarck Tribune (7/16/19 –Oil Production steady in May, but transportation woes persist) suggesting this is due to old legacy wells that produce around 25 barrels a day being closed in for the winter and then brought on-line from late spring until fall.

Economic driver explaining this is the costs of plowing roads and hauling oil makes such wells uneconomical in the winter. Thus they are taken off line in the winter.

The number of inactive wells dropped by 69 in May.

The two month changes are:

  • 141 – drop in inactive wells
  • 185 – well completions
  • 337 – increase in producing well count

That leaves an increase of 11 producing wells that isn’t explained by drop in inactive wells and completions.

Here is what the average production looks like:

Read more…

North Dakota oil production expected to accelerate this year. Also two more new huge oil finds where oil wasn’t expected.

Photo by James Ulvog.

Latest guess, from someone who has a clue about such issues, on where production is going in North Dakota is somewhere around 1.5M or 1.6M barrels a day late this year or early next year.

Huge finds off coast of Guyana and in New Mexico/Texas.

Question needs to be asked again:  What Peak Oil?

 

The Million Dollar Way – 7/7/19 – ND Oil Production to Surge – Lynn Helms. Citing another source, the article says Lynn Helms, director of DMR, thinks production in North Dakota will surge later this year after gas infrastructure construction is done.

Read more…

First sentencing in college admissions scandal

Image courtesy of Adobe Stock.

A sentence has been handed down in the first of the college admission scandal cases to reach a judge. The former sailing coach at Stanford received:

  • $10,000 fine
  • 1 day in jail, already served
  • 6 months house detention
  • 2 years supervised release, i.e. probation

(Cross-posted to my other blog, Nonprofit Update.)

Prosecutors recommended 13 months in prison.

Several articles pointed out this person is the lease culpable of those lined up for sentencing. He did not receive any money directly.

If I read the articles correctly, the only student admitted as part of this scheme was not actually an athlete and has since been expelled.  No other students were admitted.

One key point of detention is an assessment of what type of crime is present.

Read more…

What is the total federal and state tax on gasoline in California?

Ever wondered what you are paying in direct taxes for that gas? Image courtesy of Adobe Stock.

State tax on gasoline in California went up again on July 1. Have you been wondering what is the federal & state tax load on a gallon of gas in the state? I was. So I calculated it.

The total excise and sales tax load levied the federal and state level is 72.5 cents a gallon, which is 23.9% on top of the cost of gas.

On July 1, CNBC reported After tax hike, gas in California is now a dollar higher than the national average.

State excise tax went up 5.6 cents for each gallon bringing total state haul to 47.3 cents.

Oh, the 2017 bill that imposed the tax hike also contained an inflation adjustment.

Read more…

Intro and update to college admissions scandal

Lots of things going on behind closed doors that have drawn the focused attention of the U.S. Attorney in Boston. Image courtesy of Adobe Stock.

The pretend-to-be-an-athlete-in-a-sport-you-have-never-even-played scandal in higher education is one of many issues I have not focused on over the last year or more.

Family issues have pulled me away from blogging. Hope to start getting caught up on the massive changes taking place around us. I’ll begin with the college admissions disaster.

(Article cross-posted from my other blog, Nonprofit Update.

Brief background:

A large number of parents were paying Mr. William “Rick” Singer to help their children get into colleges where their kids wouldn’t otherwise gain admission.

More background:

The schemes, according to a long string of articles covered in most newspapers which I won’t link, included techniques such as:

  • Creating fake profile of the student being a competitive athlete when the student had not even played the sport.
  • Paying to have another person take your SAT or ACT tests.
  • Hiring a proctor to oversee extra-testing time and then correcting answers.

Flow of cash was complicated, as expected. Most of the dollars went to a non-profit foundation set up by Mr. Singer. He then distributed portions of the money to college sports coaches, proctors, and other participants. Some of the payments went directly from the parents to the colleges.

Oh, by making those payments to a charity, the payments became tax deductible. So there is also a tax fraud angle for all the involved parents to ponder. You can easily guess someone from IRS Criminal Investigations is involved in each of the cases.

Current status:

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US hits all time record high for oil production, is now net oil exporter, and is set to surpass Saudi Arabia in export of crude & oil products.

16 reasons US has been moving towards a net exporter of energy and finally hit that point. Well visible right of center with Missouri river in background. Williston, North Dakota. Photo by James Ulvog.

The changes in energy production over recent years is astounding.

My blogging has dropped off a lot over the last year or so due to distractions. Have a huge backlog of things to discuss, such as:

  • The US is a net oil exporter
  • Oil production in US is at all time record high
  • Sometime later this year the US will be exporting more oil product than Saudia Arabia

MSN – 12/7/18 – US ends its reliance on foreign oil for the first time in 75 years – In the last week of November 2018, the US exported more oil than we imported. The US is now a net exporter. Ponder that.

Read more…

More tips for people planning a felony. Don’t do it.

This is not a wise strategy for addressing the judge who will preside over your criminal trial. Image courtesy of Adobe Stock.

Previously mentioned several tips for people planning to commit a felony. For example, don’t take your location tracking fitbit with you while you carry out a contract assassination. Why? The location data will testify you were at the scene of the crime the very instant the crime was committed.

Some more helpful tips.

Tip #10

As you are preparing your case as you represent yourself and approach your first day of trial for threatening to kill someone and ignoring a restraining order, don’t sent a written death threat to the judge who is trying your case. Reported in Williston Herald on 2/25/19: Man accused of threats sends threatening letter to judge before first day of trial.

A man facing trial for terrorizing and violating a restraining order (class C felony and class A misdemeanor) for harassing a women is representing himself at trial. During the three hours that constituted the first day of trial, he did not question any jurors, did not make an opening statement, and only asked one question of one witness with said question obviously irrelevant to his case.

In the days before trial starting, the guy sent a letter to the judge saying that the judge is now on the list of people that the defendant will kill.

Read more…

Last 12 months are best ever for oil production in North Dakota. Oh, what peak oil?

Photo by David Ulvog. Used with permission.

Record high level of oil production in the state was 1,403,844 barrels of oil per day (bopd) in January 2019. April production averaged 1,391,188 bopd (preliminary).

Before the slump in prices and drilling, the record high was 1,229.572 bopd in December 2014.

Since production bottomed out at an average of 942,322 bopd in December 2016, production has been climbing.

Production in June 2018 and every month since then has been above the December 2014 level. Even with winter weather, production has been in the neighborhood of the 1.4M bopd level for the last eight months, apart from small drop in February.

Graph of average production in the state and Bakken formation since 2008:

Read more…

Memorial Day: gratitude for those who did not return

Image courtesy of Adobe Stock.

 

To family and friends of those who did not return, I humbly say:

My deepest condolences on your loss.

From someone who appreciates the price paid for the freedom I cherish everyday, please accept my thank you on behalf of your loved one who paid the price that my family and I can live free.

“Thank you” is so little, but it is all I have to give you.

 

 

“Here rests in honored glory an American soldier known but to God” Tomb of Unknown Soldier 002 – Arlington National Cemetery – 2012 by Tim Evanson is licensed under CC BY-SA 2.0

 

 

Rosecrans National Cemetery, San Diego, California. Photo by James Ulvog.

Guessing game is open again for when oil production in North Dakota will hit 2 million barrels a day

Five reasons North Dakota is second largest oil-producing state in the U.S. Photo by James Ulvog.

First guess I’ve seen since the price slump is for the state to pass the 2 million barrels a day threshold in 2030, according to the North Dakota Pipeline Authority. Reported by Inforum on 5/4/19: Bigger than some of OPEC: North Dakota on track to reach 2 million barrels of oil per day by 2030.

For quite some time I have dialed back my focus on Bakken, so there may be other estimates or guesses out there. This is the first one I’ve noticed.

North Dakota is the second largest oil-producing state in the U.S at 1.4M barrels of oil per day (bopd). Texas continues in first place at 3.49M bopd.

If North Dakota were somehow to join OPEC, Read more…

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