Biden's attack on meat packers: connecting the dots. Hillary. Biden. Max Baucus. Montana ranchers.
DAPL expansion: Buffett wins again. Back to CBR? Illinois appellate court vacates DAPL capacity expansion. Links everywhere; here's one.
Clickbait: over at MoneyWise / Yahoo!Finance -- MS has an overweight on three stocks yielding up to 9.1% -- nail them down in case inflation soars even higher --
- Microsft: 0.79%
- PG: 2.2% -- well below inflation
- a pipeline MLP: see headline above
Delta Air Lines: revenues beat; estimates must have been pretty low to begin with but that's not how the game is played, is it?
Gasoline: average costs by state, updated to January 7, 2022 -- Texas is lowest, just barely beating perennial favorite, Oklahoma. Not quite there but close to Texas, $2.50; California, $5.00.
**********************************
Back to the Bakken
Active rigs:
$82.37 | 1/13/2022 | 01/13/2021 | 01/13/2020 | 01/13/2019 | 01/13/2018 |
---|---|---|---|---|---|
Active Rigs | 32 | 11 | 54 | 67 | 55 |
Thursday, January 13, 2022: 15 for the month, 15 for the quarter, 15 for the year --
- 38395, conf, CLR, Pletan 8-18HSL, Jim Creek, no production data,
- 37337, conf, Whiting, Miller 44-10HU, Sanish, first production, 7/21; t--; cum 75K 11/21;
RBN Energy: while SCOOP/STACK oil output falls, "rich" gas signals a rebound, part 2.
Activity in Oklahoma’s SCOOP/STACK play has been picking up. In 2021, the number of active rigs there improved by about 30 — that’s a bigger gain than any U.S. hydrocarbon production basin except the Permian. On a percentage basis, the 160% year-over-year increase in the SCOOP/STACK rig count was exceeded — and just barely — by only a couple of other rich-gas regions: the Niobrara and Ohio portion of Marcellus/Utica. Is SCOOP/STACK really on the rebound and, if so, why? The answers are tied to commodity prices and the fact that the Oklahoma play offers producers both crude oil and “rich,” NGL-saturated associated gas. In today’s RBN blog, we discuss recent developments in the Sooner State’s premier production area.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.