The Market Ane Energy Page, T+319 -- December 6, 2017

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Title : The Market Ane Energy Page, T+319 -- December 6, 2017
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The Market Ane Energy Page, T+319 -- December 6, 2017

Boom: analysts expect several large-cap US stocks to rise at least 25% in 2018.

Boom: trucking companies boost big-rig orders on rising shipping demand -- WSJ. That's the same story I'm hearing from my son-in-law who works for a large specialty big-rig trucking manufacturing company on the west coast. Trucking fleets are adding capacity for long-haul routes in anticipation of an industry boom in 2018.
Trucking fleets ordered 32,900 Class 8 trucks, the kind used on long-haul routes, in November. That was up about 70% from a year earlier. The last two months were also the strongest since the start of 2015.
Boom: UPS, overwhelmed by online orders, warns of delivery delays -- WSJ

Boom: global earnings hit a record high, giving market rally momentum -- WSJ. Earnings per share hit new high, underscoring broad economic recovery.

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The Bakken Today

Wells coming off the confidential list today (North Dakota), Wednesday, December 6, 2017: 30 for the month; 140 for the quarter
  • 33415, SI/NC, MRO, June USA 31-2H, Antelope, no production data,
  • 32612, 1,179, HRC, Fort Berthold 148-94-35D-26-13H, McGregory Buttes, Three Forks, 34 sstages; 5.1 million lbs; t7/17; cum 85K 10/17;
  • 32611, 1,482, HRC, Fort Berthold 148-94-35D-26-12H, McGregory Buttes, 33 stages; 5 million lbs, t7/17; cum 106K 10/17;
  • 32608, 1,196, HRC, Fort Berthold 148-94-35D-26-11H, McGregory Buttes, 4 sections, 34 stages; 5.1 million lbs, t7/17; bcum 103K 10/17;
  • 31835, 1,582, Whiting, Evitt 34-12TFH, Truax, Three Forks, t6/17; cum 112K 10/17;
  • 30169, 1,155, Oasis, Cook 5300 41-12 11T, Willow Creek, Three Forks, 50 stages; 19 million lbs,, with ceramic, large; t6/17; cum 63K 10/17;
  • 28701, 480, Oasis, Cook Federal  5300 41-12 10BX, Willow Creek, 4 sections, 50 stages; 20.1 million lbs; large sand; small ceramic, t6/17; cum  109K 10/17;
  • 27352, 268, Oasis, Cook 5300 12-13 7T, Willow Creek, Three Forks, 50 stages; 6 million lbs, large, small, some resin coated, t6/17; cum 65K 10/17;


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