Friday, September 28, 2018

Bike ride into Starbucks: the day was rated a 10. Rating starts at 10 and then, in half-point increments, points are taken for precipitation/humidity; wind; temperature. Got in before sunrise. 60 degrees! Perfect biking weather as long as there is no wind -- and there was none. 

Starbucks: busier than ever this Friday morning. 

Northeast gas to Florida: most interesting story; part 2, see below; tie this story with the Algonquin story yesterday.

California gasoline: headed for $4/gallon. Gasoline tax increase went into effect; Governor Moonbeam prefers Saudi / OPEC oil rather than less expensive WTI.

Crude oil "monthlies": pending.

The Ryder Cup: wow! huge! US: 3 ---- EUR: 1

• the US needs 14 points to retain the Cup
• the EUR needs 14.5 points to capture the Cup
• in first round, EUR's Molinari/Fleetwood trounch US' Woods and Reed

Letter to Senator Heitkamp mailed.

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Back to the Bakken

Two wells coming off confidential list today: -- Friday, September 28, 2018 

• 34167, SI/NC, Hess, SC-Hoving-154-98-1003H-2, Truax, no production data, 
• 34609, 1,985, Newfield, Orvis State 150-99-21-16-5H, South Tobacco Garden, 62 stages; 7.2 million bbls, t7/18; cum 46K one month;

Date	Oil Runs	MCF Sold
7-2018	46061	50187

Active rigs:

$72.12😖	9/28/2018	09/28/2017	09/28/2016	09/28/2015	09/28/2014
Active Rigs	65	58	32	70	190

RBN Energy: northeast gas pulled south to Florida power plants and Sabal Trail, part 2.

Florida’s electric utilities are turning to natural gas-fired power and renewables for all their incremental generation needs and as replacements for the older coal units they’ve been retiring. The state’s big bet on natural gas has been spurring the development of new pipelines. And, because of big shifts in where gas is being produced and where it’s flowing, the Sunshine State will soon be receiving an increasing share of its gas needs from the Marcellus region. Today, we discuss the slew of new gas-fired power plants that have come online, the additional plants planned, and gas flows on Sabal Trail, the first new gas mainline into the state in almost two decades.

With more than a year of Sabal Trail operational history in the books and Florida’s seasonal weather as hot and humid as modern man and woman can bear, we decided it was time for an update. Florida is a leading generator of electricity — second only to Texas, in fact — and in recent years its electric utilities have been particularly aggressive in their shift from coal (and nuclear) generation to gas.

That spurred the development of the 1.1-Bcf/d Sabal Trail Pipeline, which runs more than 500 miles from an interconnect with Williams’s Transcontinental Gas Pipeline (Transco) in west-central Alabama to the Orlando-area gas hub (black dot in. A related pipeline called Florida Southeast Connection delivers gas from that hub into South Florida. Sabal Trail — in service since May 2017 — increased to three the number of gas mainlines serving the state, the other two being the 3.1-Bcf/d Florida Gas Transmission and the 1.3-Bcf/d Gulfstream Natural Gas System.