Texas Freeze: largest power generation and transmission coop in Texas filed for bankruptcy. Link here.
- Brazos Electric Power Cooperatirve
- estimated $2.1 billion in charges over seven days
- last year, 2020, it cost cooperative members less than $775 million for power for the entire year
- the ooperative on Feb. 25 told state grid operator the Electric Reliability Council of Texas that it wouldn’t pay the $2.1 billion sum, and Karnei resigned from Ercot’s board of directors, court papers show
- see more here.
Berkshire Hathaway: scorecard. See also.
Inflation: Gold is plummeting. That's not supposed to happen.
Big Oil expects Big Profits: link here.
Later, market open: Dow up almost 700 points.
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Back to the Bakken
Active rigs:
$62.31 | 3/1/2021 | 03/01/2020 | 03/01/2019 | 03/01/2018 | 03/01/2017 |
---|---|---|---|---|---|
Active Rigs | 15 | 52 | 67 | 59 | 41 |
Ten wells coming off confidential list:
Monday, March 1, 2021: 3 for the month, 59 for the quarter, 59 for the year.
- 37639, drl/drl, BR, Cherry Ice Cream 1V TFH, Haystack Butte, no production data,
- 37305, drl/NC, WPX, Crosby Chase 2-1HZ, Spotted Horn, no production data, see this post;
- 35952, A/F, Whiting, Renbarger Federal 34-33-2TFH, Banks, first production, 9/20; t--; cum 58K 12/20;
Sunday, February 28, 2021: 23 for the month, 56 for the quarter, 56 for the year.
- 37715, drl/NC, CLR, Carson Peak 11-35H2, Oakdale, no production data, sits on a 7-well pad; see this post;
- 37638, drl/drl, BR, Cherry Daquiri 1W MBH, Haystack Butte, no production data,
- 37637, drl/drl, BR, Cherry Margarita 1X TFH, Haystack Butte, no production data,
- 37636, drl/drl, BR, Cherry Claire 1Y MBH, Haystack Butte, no production data,
- 37635, drl/drl, BR, Cherry Tree 1Z TFH, Haystack Butte, no production data,
- 37304, drl/NC, WPX, Crosby Chase 2-1HIL,Spotted Horn, no production data, see this post;
- 37097, A/F, Hess, BW-Spring Creek-149-99-1201H-6, Cherry Creek, first production, 9/20; t--; cum 84K 12/20; see this four-well pad at this link;
RBN Energy: how closing DAPL would impact Bakken crude oil producers. See also.
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