Monday, March 20, 2023

Sempra's Port Arthur LNG Terminal Phase 1 Is A "Go" -- March 20, 2023

Sempra, Port Arthur LNG phase I: "positive" FID reached; KKR buys stake. Link here

Canada's Trans Mountain: a mountain of debt. The CEO who sold this project to PM Trudeau deserves a pay raise.


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Back to the Bakken

Active rigs: 46.

WTI: $67.64.

  • I know a lot of folks would like / think oil should be trading much higher, but, in fact, $60 - $70 is the sweet spot for the Bakken.

Natural gas: $2.240.

Two new permits, #39745 - #39746, inclusive:

  • Operator: Neptune Operating, LLC
  • Field: Squires (Willliams)
  • Comments:
    • Neptune has permits for two Shaffer wells, SESE 27-155-102, 
      • to be sited 415 FSL with one sited 1285 FEL and the other 1252 FEL.

Three permits renewed:

  • Enerplus: a Phyllite permit, a Marble permit, and a Gneiss permit, all in Moccasin Creek, NENE 17-147-93;

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