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.
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