Four Wells Coming Off Confidential List -- January 24, 2022

ND taxable sales and purchases: 3Q21 up 12% year / year.

Winter storm Jasper. Link here.

ISO NE, link here:

• moderate demand:
• electricity price surging; 8th decile; over $200/MWh
• burning lots of oil to keep the lights on
• oil: 18% which is greater than the nuclear share, at 16%
• renewable now to record lows at 6% and wind only 25% of that
• wind's contribution this morning: 1.5%

5G: rollout. Are the planes flying today? Asking for a friend.

Ukraine: has the US sent troops yet? Asking for that same friend.

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Back to the Bakken

Active rigs:

$85.12	1/24/2022	01/24/2021	01/24/2020	01/24/2019	01/24/2018
Active Rigs	28	12	56	64	56

Tuesday, January 25, 2022: 39 for the month, 39 for the quarter, 39 for the year

• None.

Monday, January 24, 2022: 39 for the month, 39 for the quarter, 39 for the year

• 37861, conf, CLR, Clear Creek Federal 11-35H, Westberg, no production data,

Sunday, January 23, 2022: 38 for the month, 38 for the quarter, 38 for the year

• 37863, conf, CLR, Clear Creek Federal 13-35H, Westberg, no production data,
  

Saturday, January 22, 2022: 37 for the month, 37 for the quarter, 37 for the year

• 38349, conf, Hunt, Blue Ridge 159-100-6-7H 5, Green Lake, some production;
• 37864, conf, CLR, Clear Creek Federal 14-35SL2, Westberg, no production data,

RBN Energy: celebrating a decade of RBN energy blogs.

Here’s an idea. Let’s start up a new company that does energy market fundamentals linked to rock & roll songs. Do it with practical, commercial insights. Keep the quality top notch. Then give it away for free!  Sound crazy? Maybe so. But that’s how RBN Energy got started 10 years ago, and it’s worked out pretty well. Now, 2,540 blogs later and with 35,000 members receiving our morning email each day, it seems like we ought to celebrate in RBN style by telling a couple of backstories that shed light on our approach to energy markets, delving into the whole rock & roll thing, and of course divulging a few deep RBN secrets never before revealed. Until now, that is. And there’s more! You might end up receiving a free RBN 10th Anniversary Commemorative Mug. Warning: Today’s blog is a trip down memory lane for hard-core RBNers.