A reader reminded me the "914s" have been released.
This is from my "links" page:
- EIA: the "914s"; the monthlies; the most accurate production data - US Field Production of Crude Oil;
- EIA: Crude oil production, monthly, EIA-914; end-of-month release of the EIA-914
ISO NE: dinner time; link here.
- demand: moderate at 17312 MW; priced at $270 / MW
- price: 8th decile; highest decile it will ever be
- New England has run out of coal;
- oil is providing 20% of electricity;
- hydro at only 7%; expensive; goal to keep it down
- but look at this, renewables providing only 5% and of that, wind only 21%; you can do the math (1% of all electricity is coming from renewable energy; in other words, way below even weak expectations);
- absolutely fascinating
- later, one hour later -- it just got a lot worse -- pricing now spiked to $300+/MH
- what happened?
- demand jump from 17312 to 18407, a non-trivial jump
- hydro (very expensive) jumped from 7% (see above) to 10%) -- obviously the grid operators are doing what they can to prevent black outs;
- in addition, more oil being used, though no change in percentage contribution (20%)
The Concord Monitor: regularly reports on high cost of electricity / energy in New England; for example this article;
WTI: even at it's already high price, WTI surged 1.75%; up $1.50; trading solidly above $88.
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Back to the Bakken
Active rigs:
| $88.34 | 1/31/2022 | 01/31/2021 | 01/31/2020 | 01/31/2019 | 01/31/2018 |
|---|---|---|---|---|---|
| Active Rigs | 32 | 13 | 54 | 65 | 59 |
Two new permits, #38765 - #38766, inclusive:
- Operator: Murex
- Field: Midway (Mountrail County)
- Comments:
- Murex has permits for a KC-Dustin David well, and a KC-Nash Parker well, both to be sited on SWSW 9-157-95;
- they will be sited 301 FSl and between 766 FWL 796 FWL; again, as we're seeing elsewhere, the wellheads thirty feet apart
Active rigs: 33 but one is a SWD rig; did not check closely to see if any rigs listed twice;
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