Three Wells Coming Off The Confidential List Today -- March 17, 2023

Happy St Patrick's Day:

TSM: safe. 

RIDE: not safe.

Playboy documentary: I don't know the background, the backers, or when it was first released. But it is fascinating. 

ONEOK: link here.

Most interesting energy story: comments on oil coming out of the Biden White House.

Tax season: link here.

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Back to the Bakken

Active rigs: 46.

Peter Zeihan newsletter.

WTI: $66.39.

Natural gas: $2.377,

Sunday, March 19, 2023: 63 for the month; 225 for the quarter, 225 for the year
39163, conf, CLR, Micahlucas 12-5H1,
38841, conf,  Neptune Operating, Heen S 152-104-5-17-2H,
37647, conf, BR, Tailgunner 2C TFH,
37569, conf, Iron Oil Operating, Antelope 3-31-30H,

Saturday, March 18, 2023: 59 for the month; 221 for the quarter, 221 for the year
39162, conf, CLR, Micahlucas 11-5H, to be tracked here?
38655, conf, Oasis, Ramirez 5196 42-32 3B, the Ramirez wells are tracked here.
37648, conf, BR, Tailgunner 2D MBH,

Friday, March 17, 2023: 56 for the month; 218 for the quarter, 218 for the year
38656, conf, Oasis, Ramirez 5196 42-32 2B, the Ramirez wells are tracked here.
38652, conf,  Oasis, Ramirez 5196 42-32 6BX, this is a section line well, the Ramirez wells are tracked here.
37649, conf, BR, Tailgunner 2E TFH,

RBN Energy: greenhouse gases and the refining industry.

Over the past couple years of energy market turbulence, pretty much everyone has come to acknowledge that the U.S. — and the rest of the world — will continue to require refineries and refined products for decades to come. It’s also likely, though, that U.S. refiners, like their European counterparts, will be required to do more to reduce the volumes of carbon dioxide (CO₂) and other greenhouse gases (GHGs) generated during the process of breaking down crude oil and other feedstocks into gasoline, diesel, jet fuel and other valuable products. And, thanks to new federal incentives, it might even make sense for refineries to capture and sequester at least some of the CO₂ they can’t help but produce. In today’s RBN blog, we begin a series on refinery CO₂ emission fundamentals, the differing policies that are applied here in the U.S. and abroad, and how those policies might ultimately influence refining competitiveness.

It will come as no surprise that the refining industry generates significant volumes of GHGs, including CO₂, from both the refining processes themselves and the fossil fuel consumption needed to power them — just consider the vast amounts of heat that need to be generated for distillation and other reactions that need to occur. It’s equally unsurprising that the refining industry — not to mention the separate-but-related transportation sector, which depends heavily on refined fuels — has been coming under increasing scrutiny regarding GHGs.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.