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Wednesday, March 16, 2022

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
3/16/202203/16/202103/16/202003/16/201903/16/2018
Active Rigs3317576558

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;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20223025195251981519740113373672746
BAKKEN12-20212622613226391501635224334171807
BAKKEN11-20213032558325502275149275473081967
BAKKEN10-20213134315344907189051738501141624
BAKKEN9-20211228232279721798836174347041470
  • 36869, conf, CLR, LCU Truman 13-23HSL, Long Creek, first production, 12/21; t--; cum 59K 1/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20223137792378572718073458699293529
BAKKEN12-20211920630204521376140677386032074
BAKKEN11-20210000000
BAKKEN10-20210000000
BAKKEN9-20215591591944000

  • 37709, Hess, EN-Johnson, Alkali Creek:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20223025195251981519740113373672746
BAKKEN12-20212622613226391501635224334171807
BAKKEN11-20213032558325502275149275473081967
BAKKEN10-20213134315344907189051738501141624
BAKKEN9-20211228232279721798836174347041470

  • 36869: CLR, LCU Truman, Long Creek:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20223137792378572718073458699293529
BAKKEN12-20211920630204521376140677386032074
BAKKEN11-20210000000
BAKKEN10-20210000000
BAKKEN9-20215591591944000

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