CLR And Hess Each Report A Nice Well -- Thursday, February 10, 2022

I'm still here. Sorry for the late start blogging. 

I'm finally up. I slept in. I was up most of the night tracking military a/c on flightradar24; then, up early to take Sophia to the bus stop; and, then back home to sleep in late. 

The military a/c tracks? I will post some screenshots later. I happened to catch an incredible track. Some folks may appreciate it.

Looks like a  busy, busy, busy day. 

Quick headlines, I see:

• ten-year Treasury yield goes above 2%;
• WTI goes back over $91 again; White House is monitoring;
• quite a surge; up almost 2%; gained $1.60; trading at $91.26 
• WH says countries around the world have the capacity to increase production; Art Berman would like to see the list.
  
• inflation numbers came in about as expected; highest in forty years; White House is monitoring;
• jobless numbers coming in better than ever;
• Joe's approval rating dropping faster than mask mandates; White House is monitoring;

Beautiful, beautiful weather in north Texas, DFW area.

• will get to 79°F tomorrow, which I read as 80°F
• daughter will be on the lake paddle boarding
• me? Biking

CLR: having a nice day. UP over 3% today; up almost $2; trading at $57.35. Someday they're going to say, "we really underestimated the Bakken."

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Back to the Bakken

Active rigs:

$91.34	2/10/2022	02/10/2021	02/10/2020	02/10/2019	02/10/2018
Active Rigs	33	15	55	63	58

Thursday, February 10, 2022: 24 for the month, 79 for the quarter, 79 for the year

• 38060, conf, Hess, GO-Braaten-156-97-2833H-2, Dollar Joe, nice well; first production, 8/21; t--; cum 125K 12/21; 
• 36582, conf, CLR, Pasadena Federal 11-11H, Banks, nice well; first production, 8/21; t--; cum 97K 12/21;
  

RBN Energy: everything you need to know about CO2 and carbon capture.

Not so long ago, most folks in the energy industry hardly gave carbon dioxide (CO₂) a thought. Sure, some CO₂ was used for enhanced oil recovery (EOR) and in some production areas the natural gas coming out of the ground had to be treated to remove high levels of CO₂. But otherwise, CO₂ wasn’t on the industry’s radar. Now though, CO₂ is a front-and-center concern not just for the energy industry but for society at large as the global economy tries to decarbonize. And while renewable energy like wind and solar will be part of that decades-long effort, so will the push to capture CO₂ and permanently store it deep underground. Put simply, it’s time for producers, midstreamers, and refiners alike to gain a deeper understanding of carbon capture and sequestration, how it will affect them, and — ideally — how they can profit from it.