Locator: 44806B.
Synthetic natural gas plant:
- another Biden-win / Inflation Reduction Act, link here;
- TotalEnergies: one of Europe's biggest oil and gas firms
- a blow to the European Union's ambitions to lead in green energy technologies;
- of course, the MAGA Republicans will give Biden no credit for the IRA
- the synthetic natural gas would be made from "renewable" hydrogen and CO2; it gets tedious;
- preliminary only; $2 billion project;
- 100,000 to 200,000 metric tons of e-NG / year
- also reported in The [London] Telegraph;
- if the site for the project was announced, I missed it
Weekly EIA petroleum data will be reported tomorrow: one day "late," due to Memorial Day observance on Monday.
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Back to the Bakken
Active rigs: 35.
WTI: $68.09.
Natural gas: $2.266.
No new permits.
Four producing wells (DUCs) reported as completed:
- 38793, 1,213, MRO, Rowe 14-21H, Dunn County,
- 38794, 2,803, MRO, Erling 24-21TFH, Dunn County,
- 38795, 4,976, MRO, Ravin 24-21H, Dunn County,
- 38796, 3,416, MRO, Valborg 34-21TFH, Dunn County,
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