Week 3: January 16, 2022 -- January 22, 2022

Commentary: link here.

Top story of the week:

• Biden is still president.
• Shoot-out at Haystack Butte: CLR vs BR. 
• NFL playoffs: Dallas Cowboys failed to show.
  

Top international non-energy story:

• Everything points to a "soft" takeover of Ukraine by Russia by Valentine's Day.

Top international energy story:

• Global crude oil spare capacity a myth.

Top national non-energy story:

• US equity markets plummet. Full crypto collapse underway.
  
• Gasoline demand plummets.
  
• Teddy Roosevelt statue moved from NYC to North Dakota. Represented systemic racism.
• Covid-19 keeps "seasonal flu" at bay. 
• Intel to build largest chip factory in the world; $20-billion-facility in Ohio.
  

Top national energy story:

• ISO NE burning record amounts of oil to keep the lights on. And, here. And, here.
• WTI hit $88.
• Operators fracking drilled wells as quickly as possible.
• Bumper year of natural gas commitments.
• Federal judge rules against ND federal lease sales.

Top North Dakota non-energy story:

Top North Dakota energy story:

• NDIC IT might be getting back to normal. And, here.

Geoff Simon's top North Dakota energy stories:

• Quick connects.

Operators:

• Evolution Petroleum enters the Williston Basin;
• Samson Oil & Gas Bakken assets up for sale;
• BR wants to unitize Haystack Butte;
• Ranking of Bakken producers;

Operations:

• CLR has completed the eleven-well Gordon Federal pad in Haystack Butte;
• BR active in Haystack Butte.
• Ovintiv well with 55x jump in production.

Wells:

• An old 2008 MRO well with a 54X jump in production;
• The incredibly XTO Johnson Trust wells.
• 17858: how many lives does this well have?
• CLR with a huge Harms Federal well.

Fracking:

Halo:

• Halo effect in neighboring wells -- Slawson Stallion.

DUCs:

• Bakken DUCs about half their historical high.

Pipelines:

Bakken economy:'

Commentary:

• Twenty years from now, they're going to say "we under-estimated the Bakken."
• Is $100-oil just the beginning?"
• MS says "yes" to $100-oil.
• Spare capacity is a myth.