One Well Coming Off The Confidential List -- NDIC Data Base Still Down -- August 2, 2021

WTI: down again today. In a trading range. Bulls and bears confused. 

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Back to the Bakken

Because the NDIC has been "down" since July 14, 2021, I no longer have any idea what information posted from the NDIC is current. For example, the number of active rigs ("23") has been unchanged for weeks.

Active rigs:

$71.39	8/2/2021	08/02/2020	08/02/2019	08/02/2018	08/02/2017
Active Rigs	23	12	58	63	59

wells coming off confidential list:

Monday, August 2, 2021: 1 for the month, 12 for the quarter, 192 for the year:

• 37854, conf, CLR, Carus 14-28H1, Cedar Coulee, no production data,

Sunday, August 1, 2021: 0 for the month, 11 for the quarter, 191 for the year:

• None.

Saturday, July 31, 2021: 11 for the month, 11 for the quarter, 191 for the year:

• None.

RBN Energy: assessing the energy industry's carbon-related initiatives.

In case you hadn’t noticed, there’s a big push by the government, industry, and the broader public to reduce greenhouse gas (GHG) emissions and to offset those that do occur. Given its carbon-intensive nature, the oil and gas sector is at the heart of this activity, with almost daily announcements about carbon-neutral LNG shipments, carbon-dioxide capture and sequestration projects, and other efforts. The problem is, it can be difficult sometimes to figure out what’s real and what’s not — that is, which efforts have an actual, measurable impact and which are sort of vague or fuzzy and need to be sussed out. Today, we discuss the latest round of announcements by producers, midstreamers, refiners, and others to “green up” their operations and products.

Back in the mid-1970s, Hall of Fame catcher Yogi Berra was the manager of the New York Mets and America was in the midst of a streaking fad. (Stay with us on this.) Well, there was a rain delay during a Mets spring training game in Florida and, to help pass the time, two streakers climbed over the outfield fence and sprinted across the wet grass, ending their run with belly-flops onto the tarp-covered infield. The crowd went wild; the streakers were peacefully arrested. During his nightly phone call with his wife Carmen, who was back at the Berras’ home in New Jersey, Yogi mentioned the incident, and she asked, “Were they male or female streakers?” Yogi thought a moment and answered, “I’m not sure. They had bags over their heads.”