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Saturday, February 19, 2022

Permian Natural Gas Production Hits New Record -- February 19, 2022

Link here.

  • 14.34 Bcf/d on February 18, 2022
    • highest level recorded, going back to 2012 when data started
    • will put February on the path to strongest month for Permian gas production on record
    • prior to this: only four time Permian gas had hit 14 Bcf/d
    • coincides with rising rig count; now at 308 for the week ended February 16, 2022
      • three rigs higher than previous week; 50% higher than same week one year ago
  • = 2.4 million boepd -- needs to be fact-checked
  • pricing
    • Waha hub: $3.96
    • Transwestern, Permian Basin: $3.875
    • Henry hub: $4.60

So, another nice round number to remember: Permian natural gas -- 14.

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Girls' Soccer
New Rankings: Texas and National

Olivia's high school soccer team is ranked, link here:

  • national: #76
  • Texas: #11 (outranks almost all schools in north Texas)

Scholars:

  • Olivia's high school has seven National Merit scholars; cross-town rival: eleven National Merit scholars.
  • Elinor Holland, William Holland, Justin Lan, Aurora Tong, Thomas Tran, Jennifer Yan, Michael Yu. 
    • four men, three women
    • two northern European; four Chinese

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Meanwhile in Portland


Judah

My Favorite Graph -- February 19, 2022

Link here. Money market fund monitor.


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Gasoline Demand

Link here.


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Is Anyone Paying Attention?


Ukraine: Russia's breadbasket.
Belarus: fertilizer

War in Ukraine:
fertilizer markets roiled by Belarus potash force majeure: link here.

Another Canadian Pipeline Dead -- Killed By Trudeau This Time, Not Biden -- February 19, 2022

Buffett smiling all the way to the bank. American producers: whoo-hoo!

Link here.

This "evens the playing field." 

Week 7: February 13, 2022 -- February 19, 2022

Top story of the week:

  • Joe Biden is still president.
  • Naivete of folks on twitter with regard to the Ukraine.

Top international non-energy story:

  • Ukraine, or Lebensraum, as the Germans call it.
  • Canada: police state.

Top international energy story:

Top national non-energy story:

Top national energy story:

Top North Dakota non-energy story:

Top North Dakota energy story:

Geoff Simon's top North Dakota energy stories:

Operators:

Operations:

Wells:

Fracking:

Pipelines:

Bakken economy:

Commentary:

Saturday - February 19, 2022

Reminder: investor page here

Dividends:

  • Walmart announced a one-cent increase in its quarterly dividend.
  • Diamondback Energy expected to announce an increase in its dividend from 50 cents to 55 cents.