Historic Blizzard Hits North Dakota; No Wells Coming Off Confidential List -- April 13, 2022

NOG: reminder. Closed on acquisition of non-operated Permian Basin assets from Veritas Energy. This was back on January 31, 2022. Form 8-K/A released January 27, 2022.

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Back to the Bakken

Northwestern Production, LLC: to sell its operated working interest in North Dakota's Billings County.

Global warming: historic blizzard hits North Dakota. It almost looks like the eastern part of the state has been hurt the worst, but I really don't know.

• I-94 shut down from Billings, MT, to Jamestown, ND (pretty standard in these storms)
• I-29 shut down from Fargo, ND, to Canadian border (not often seen?)

Active rigs:

$102.30	4/13/2022	04/13/2021	04/13/2020	04/13/2019	04/13/2018
Active Rigs	0	17	36	63	60

No wells coming off the confidential list today.

RBN Energy: ExxonMobil plans to ramp up scale of carbon-capture projects, part 7.

Much like baling out a flooded basement with a spoon or shoveling the driveway in the middle of a snowstorm, carbon-capture projects to date have had minimal impact at best on the bigger goal of reducing global greenhouse gas (GHG) emissions and removing carbon dioxide (CO₂) from the atmosphere. But an ExxonMobil-led project that’s taking shape in and around Houston could soon set a new mark for the scale at which carbon-capture projects operate. The plan calls for capturing, gathering, compressing and sequestering up to 50 million metric tons per annum (MMtpa) of CO₂ by 2030, and up to twice that much by 2040 — enough to start making a real dent in Gulf Coast CO₂ emissions. In today’s RBN blog, we take a closer look at the biggest carbon-capture project currently taking shape: ExxonMobil’s proposed Houston CCS Innovation Zone.