Two Wells Coming Off Confidential List -- No Production Data -- February 17, 2021

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Fast and furious:

• Covid-19: South Africa rolls out J&J vaccine to healthcare workers; the vaccine has not yet been approved anywhere; link here.
• Buffett: back to oil; bets billion on Chevron. Link here.
• Buffett: buys into E. W. Scripps; trims Apple holdings. Story easily found.
• Buffett: maintains 36.1 million shares DaVita, a 31.7% stake; BRK remains Da Vita's largest shareholder; link here. Boosts stake in Da Vita to 33%; link here.
• Apple: extends lead over Samsung with semiconductor purchases. Link here. 

Apple: from the link above --

Apple was easily the largest buyer of semiconductor chips in 2020. Apple spent $53.6 billion and took 11.9% of the global market share, representing 24% growth year-on-year, while Samsung was the second biggest buyer, spending $36.4 billion and taking 8.1% of the market, representing 20.4% growth year-on-year.

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Back to the Bakken

Active rigs:

$60.35	2/17/2021	02/17/2020	02/17/2019	02/17/2018	02/17/2017
Active Rigs	15	56	64	56	40

Wednesday, February 17, 2021: 13 for the month, 46 for the quarter, 46 for the year.

• 37557, loc/NC, CLR, Norway 13-5H, Fancy Buttes, first production, --; t--; cum --;
  
• 36242, loc/NC, BR, Maverick 1E MBH, Dimmick Lake, first production, --; t--; cum --;
  

RBN Energy: Extreme cold wreaks havoc with natural gas producers, power generators, and everybody in between. 

f you’re reading this, it means you’ve got access to power and internet. Count yourself among the fortunate today. Rolling blackouts and brownouts across the middle of the country and in Texas, have disrupted businesses and lives. It’s been particularly brutal in the Lone Star State. Electricity and natural gas are commodities that are so basic to our way of living that it’s easy to take for granted the efforts designed to make them reliable, available, and affordable. But, boy, does it make things difficult when they don’t show up as anticipated. In today’s blog, we discuss the factors behind the supply disruptions that are wreaking havoc in these commodity markets.