Friday, January 29, 2021

Could An Ethane-Fired Power Plant In The Bakken Help Address An Imbalance? -- RBN Energy -- January 29, 2021

First things first: woke up early, turned on sports channel, second ad: for Robinhood -- targeting middle-age African-American women. Interesting.

Fast and furious:

  • Cash windfall: shale companies. Four words I never thought I would see in same sentence: shale companies cash windfall. Shale operators now have a problem: what to do with all that cash?
  • Saudi Arabia to cut prices to Asia: link here.
  • Saudi Arabia loves Riyadh: will invest $220 billion in that city over next 10 years. Link here.
  • Saudi Arabia in deep doo-doo: GM plans to sell only zero-emission models by 2035; link here.
  • Saudi Arabia crude oil exports to US: to be reported today.
  • GM in deep doo-doo: GM plans to sell only zero-emission models by 2035; link here.
  • GM's best selling vehicle in 2019: the Silverado; "a tradition" that it has carried on for roughly a decade;
  • GM's Silverado: "number one" with 18 - 34 year-old buyers; link here;

************************************
Back to the Bakken

Active rigs:

$53.01
1/29/202101/29/202001/29/201901/29/201801/29/2017
Active Rigs1354645738
  • CLR rigs: Gale, Rodney, both middle Bakken
  • BR rig: F Jorgenson TFH

No wells coming off the confidential list today

RBN Energy: could an ethane-fired power plant in the Bakken help address and imbalance? Excerpts hereArchived.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.