Tuesday, September 13, 2022

Ukraine: For The Archives -- September 13, 2022

From The [London] Independent:

  • Russian commanders, with their families, are fleeing the Crimean peninsula
  • Moscow had "annexed" the Crimean peninsula in 2014;
  • Russian nationals secretly trying to sell their homes on the peninsula
  • tactical nuclear weapons in play?
  • Ukraine claims its troops are within 30 miles of Russian border

API

  • a build of 6.035 million bbls; forecast -- a draw of 200,000 bbls.
  • does one get the feeling the analysts have no idea what's going on?
    • wasn't this similar to last week: a forecast of a small build/draw and yet API reported a huge build;
  • the EIA data that is reported a day after the API data is more commonly followed by folks like me; 

From the linked article:

  • "leaving the SPR with just 434.1 million barrels"
  • "with just" as opposed to what?  At a million bopd that would last 434 days;

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Back to the Bakken

WTI: $87.64. Pretty much unchanged since yesterday.

Natural gas: $$8.397. Slowly rising again.

Four new permits, #39234 - #39237, inclusive:

  • Operator: Whiting
  • Field: Sanish (Mountrail)
  • Comments:
    • Whiting has permits for four wells -- an S-Bar Laurel, an S-Bar Brandon, an S-Bar Joanna, and an S-Bar Devon permit in NE SE 1-153-93, 
      • to be sited between  1575 FSL and 1665 FSL and 260 FEL;

One well was permitted fro recompletion:

  • 510210, Phoenix Petroleum, Tangsrud 12-1, Hayland,