WTI Moving Up Quickly; US Equity Marking Moving Up; BRK Hitting New 52-Week Highs Two Days In A Row; Four Wells Coming Off Confidential LIst; And It's Going To 80°F In North Texas Today -- March 16, 2022

Panic:

• renewable energy legislation held up in Congress;
• gasoline trending toward $7 / gallon in California;
• and, progressives are calling for a ban on all federal land;
• would this be bullish for oil? Asking for a friend.
  
• there goes New Mexico
• again, president Biden blaming oil companies;
  

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Back to the Bakken

Active rigs:

$98.89	3/16/2022	03/16/2021	03/16/2020	03/16/2019	03/16/2018
Active Rigs	33	17	57	65	58

Wednesday, March 16, 2022: 26 for the month, 135 for the quarter, 135 for the year; CEOs and COOs must be going nuts that frack crews couldn't be found in anticipation of $120-WTI.

• 38497, conf, CLR, Whitman FIU 10-34H, Oakdale, no production data,
  
• 38452, conf,  Slawson, Howitzer 3-25H, Big Bend, no production data,
  
• 37709, conf,  Hess, EN-Johnson A-155-94-2932H-7, Alkali Creek, first production, 9/21; t--; cum 143K 1/22;
  
• 36869, conf, CLR, LCU Truman 13-23HSL, Long Creek, first production, 12/21; t--; cum 59K 1/22;
  

RBN Energy: co-firing coal plants with ammonia to reduce CO2 emissions, part 2. Archived. And where does ammonia come from? Is ammonia used in fertilizer production?

For many, coal has become a hydrocarbon non grata in recent years, mostly due to the considerable amount of carbon dioxide (CO₂) generated when it is burned to produce electric power or heat. But what if, instead of combusting coal on its own, coal plants were co-fired by a combination of environmentally friendly versions of ammonia and the volumes of CO₂ generated were way less? And what if, through the 2030s and ’40s, the ratio of fuels used in these coal-and-ammonia-fired power plants shifted away from coal and toward ammonia, and by mid-century the plants were fueled only by “green” or “blue” ammonia, which generates little or no CO₂? It may sound too good to be true — heck, it may well turn out to be! But there is a lot of interest in the idea, especially in Japan, where coal still retains a big share of the power generation mix. In today’s RBN blog, we continue to look at the prospects for environmentally friendly hydrogen (H₂) — and ammonia, an H₂ carrier — in the power generation sector.

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Initial Production Data For Wells
Coming Off Confidential List
Yesterday/Today 

• 37709, conf,  Hess, EN-Johnson A-155-94-2932H-7, Alkali Creek, first production, 9/21; t--; cum 143K 1/22;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2022	30	25195	25198	15197	40113	37367	2746
BAKKEN	12-2021	26	22613	22639	15016	35224	33417	1807
BAKKEN	11-2021	30	32558	32550	22751	49275	47308	1967
BAKKEN	10-2021	31	34315	34490	71890	51738	50114	1624
BAKKEN	9-2021	12	28232	27972	17988	36174	34704	1470

• 36869, conf, CLR, LCU Truman 13-23HSL, Long Creek, first production, 12/21; t--; cum 59K 1/22;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2022	31	37792	37857	27180	73458	69929	3529
BAKKEN	12-2021	19	20630	20452	13761	40677	38603	2074
BAKKEN	11-2021	0	0	0	0	0	0	0
BAKKEN	10-2021	0	0	0	0	0	0	0
BAKKEN	9-2021	5	591	591	944	0	0	0

• 37709, Hess, EN-Johnson, Alkali Creek:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2022	30	25195	25198	15197	40113	37367	2746
BAKKEN	12-2021	26	22613	22639	15016	35224	33417	1807
BAKKEN	11-2021	30	32558	32550	22751	49275	47308	1967
BAKKEN	10-2021	31	34315	34490	71890	51738	50114	1624
BAKKEN	9-2021	12	28232	27972	17988	36174	34704	1470

• 36869: CLR, LCU Truman, Long Creek:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2022	31	37792	37857	27180	73458	69929	3529
BAKKEN	12-2021	19	20630	20452	13761	40677	38603	2074
BAKKEN	11-2021	0	0	0	0	0	0	0
BAKKEN	10-2021	0	0	0	0	0	0	0
BAKKEN	9-2021	5	591	591	944	0	0	0