WTI Holds; CLR Reports A Nice Well In Its Long Creek Unit -- June 10, 2022

NBA: fourth game tonight. Boston Celtics lead the series, 2 - 1. Story line: Steph Curry's ankle. 

**********************************
Back to the Bakken

Far Side: link here.

WTI: $121.50. Was as high as $122.10 overnight; CPI data released this a.m.

Active rigs: 40 or thereabouts.

Friday, June 10, 2022: 16 for the month, 153 for the quarter, 313 for the year

• 38643, conf, Ballard Petroleum Holdings, Smalls 31-8, wildcat, NWNE 8-159-81; no production data,
  
• 38478, conf, WPX, Hall 14-15HZ, McGregory Buttes, no production data,
  
• 36866, conf, CLR, LCU Truman 10-23H1, Long Creek, first production, 12/21; t--; cum 130K 4/22;
  

RBN Energy: Yosemite Clean Energy's "Stump to Pump" plans rest on local partnerships. A really slow news day or I'm missing something.

California faces a broad set of challenges when it comes to reducing wildfires, which have been increasingly frequent and intense over the last decade — impacting the lives of those dealing with the threat, not to mention effects on the economy and environment. Separately, the state has been working to reduce transportation-related pollution and incentivize the development and use of a wide array of alternative fuels. Yosemite Clean Energy (YCE), which announced plans for its first plant site in late 2021, has an approach it says will not only make the state a cleaner and safer place but also foster the development of new transportation fuels. In today’s RBN blog, we look at YCE’s plans to turn wood waste into renewable fuels, how its unique “Stump to Pump” approach relies on partnerships with local communities, and the green hydrogen and renewable natural gas it plans to produce at sites across California.  

In a previous blog that examined ways to turn California’s biomass problem into an energy solution, the state had more than 60 biomass-fueled power plants operating as recently as the 1990s, but there are only about 30 direct-combustion plants running today, according to the California Energy Commission. The biomass sector has been hurt over the past decade by a combination of low natural gas prices, expiring power purchase agreements (PPAs), and the greatly expanded use of less-expensive wind and solar, as well as concerns about emissions from the traditional method of burning biomass.

  **********************************
Original Permit

Original permit:

• #38643 - BALLARD PETROLEUM HOLDINGS, LLC, SMALLS 31-8, NW NE, 08-159N-81W, BOTTINEAU County, 660’ FNL AND 1980’ FEL, CONFIDENTIAL, WILDCAT, 1511’ GROUND, API – 33-009-02476

 **********************************
Initial Production

The well:

• 36866, conf, CLR, LCU Truman 10-23H1, Long Creek, first production, 12/21; t--; cum 130K 4/22;
  

Date	Oil Runs	MCF Sold
4-2022	11610	36817
3-2022	18150	37301
2-2022	27809	50144
1-2022	43581	77516
12-2021	27577	40493