Locator: 44307B.
API weekly data:
- if corroborated by EIA data tomorrow, Katie, bar the doors! [Later: EIA data corroborated but price remained unchanged.]
- link here;
Ford: outsold by GM. Link here. At the blog.
Texas power: nearly 1.1 GW of new capacity starts up in Texas power market in March, 2023. S&P Global.
- includes 199-MW gas plant near Houston
- Brotman Power Station in Brazoria County
- WattBridge Energy building six 60.5 MW gas turbines at the Brotman site
- totaling 363 MW and an estimated cost of $350 million
- about $1 million / MW
- interconnection queue loses 2.2 GW
- another 855.2 MW of solar neared commercial operation
- battery storage surging: see article for details
Breathlessly reported by media: California grid needs $9.3 billion in upgrades for shift to renewable energy;
- OMG
- $10 billion
- but then we learn, that's over 10 years; link here;
- "they" never report the denominator;
- $10 billion over 10 years = $1 billion / year;
- California annual budget:
- 2023 - 2024
- $296.9 billion
- $1 billion / $296.9 billion = 0.33%
- $10 billion / $296.9 = 3.4%
- $1 billion per capita: $1 billion / 40 million = $25 / person
- but much of that dollar requirement would come from federal government; bonds.
- a lot of the upgrades would benefit all energy infrastructure, not just renewable energy.
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Back to the Bakken
Active rigs: 45.
WTI: $81.12.
Natural gas: $2.104.
One new permits, #39788:
- Operator: Liberty Resources
- Field: Gros Ventre (Burke)
- Comments:
- Liberty Resources has a permit to drill an Oliver E well, NWNE 20-159-93;
- to be sited 335 FNL and 1786 FEL
Eight producing wells (DUCs) reported as completed:
- 38742, 1,448, Ovintiv, Sorenson Federal 153-96-9-4-10H,
- 35932, 2,368, XTO, Hovet Federal 31X-29G,
- 38811, 480, Crescent Point Energy, CPEUSC DeFrance 3-12-1-158N-100W-MBH,
- 39263, 1,807, Grayson Mill, Field 18-19F 5H,
- 36999, 976, CLR, LCU Reckitt Federal 8-22H,
- 37000, 1,148, CLR, LCU Reckitt Federal 7-22H1,
- 37001, 921, CLR, LCU Reckitt Federal 6-22H,
- 37002, 490, CLR, LCU Reckitt Federal 5-22H1,
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