Mind the gap: link here.
The estimated copper shortfall by 2030 looks even worse.
AMD / XLNX acquisition: one more milestone reached.
- tea leaves: announcement that deal is closed will be early next week, maybe Monday
- 1.7234
- AMD up slightly at the close; down a bit after hour -- $145.24 --> $250 implied for XLNC
- XLNX up 0.4% at the close; up 0.25% after hours -- $225
- back of the envelope
- delta: $250 - $225 = $25 / XLNX share
- some assume, I suppose, after it's announced that the deal closes, AMD drops a big and XLNX jumps a bit
- 25/2 = 12.50
- 145.24 - 12.50 = $132.75
- 1.7234 * $132.75 = $228 / sh XLNX
- $132.75 / sh AMD
King of LNG: US to beat Qatar at its own game: link to Tsvetana Paraskova. A reader said as much just a couple of days ago. EIA forecast for el fin de 2022:
- US: 11.4 bcf/d
- Australia: 11.4 bcf/d
- Qatar: 10.3 bcf/d
WTI: continues to creep up; up 31 cents today; now at $72.36.
****************************
Back to the Bakken
Flaring targets: link here.
Active rigs:
$72.36 | 12/8/2021 | 12/08/2020 | 12/08/2019 | 12/08/2018 | 12/08/2017 |
---|---|---|---|---|---|
Active Rigs | 29 | 16 | 55 | 64 | 53 |
Four new permits, #38690 - #38693, inclusive:
- Operators: Ovintiv (Newfield) (3; Enerplus
- Fields: Westberg (McKenzie); Heart Butte (Dunn)
- Comments:
- Enerplus has a permit for a Lob well in SWSE 31-149-92;
- to be sited 829 FSL and 2084 FEL, part of the "Tennis" pad?
- Ovintive has permits for three Clear Creek Federal wells in SESW 36-152-97;
- the wells will be sited 295 FSL and between 2529 FWL and 2489 FWL;
Thirteen permits renewed;
- CLR (6): two Berlain permits in McKenzie County; two Olympia and two Charleston permits, all in Williams County
- MRO (6): all in Dunn County -- Sallie USA, OTT USA, Ellis USA, CHdester USA, Borrud USA, and Bean USA;
- BR: one Hawktail permit in Dunn County
Producing wells (DUCs) reported as completed:
- 37423, 1,263, Slawson, Tempest Federal 2-14H, Big Bend; how coincidental: I noticed the wells were starting to produce earlier to today and posted here;
- 37424, 294, Slawson, Orca Federal 3-23-26H, Big Bend, first production, 10/21; t--; cum --;
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.