Seven Wells Coming Off Confidential List -- 101 Days Of Summer: Day 9 -- June 5, 2023

Locator: 44839B.

Today, day 9:

• biking weather, scale 1 - 10: a twelve (12)
• incredibly nice morning for biking
  
• cooler this morning but going to get very hot today

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Back to the Bakken

Active rigs: 36 or thereabouts.

WTI: $73.57.

Natural gas: $2.231.

Peter Zeihan newsletter. E-mail campaign archive.

Tuesday, June 6, 2023: 12 for the month; 122 for the quarter, 377 for the year
33901, conf, Slawson, Mole 1 SLH,

Monday, June 5, 2023: 11 for the month; 121 for the quarter, 376 for the year
39244, conf, CLR, Meadowlark FIU 7-6H,
39189, conf, Ovintiv, Rolfsrud 152-96-32-29-4H,
37993, conf, Slawson, Challenger Federal 8-29-32H,

Sunday, June 4, 2023: 8 for the month; 118 for the quarter, 373 for the year
39243, conf, CLR, Meadowlark FIU 6-6HI,

Saturday, June 3, 2023: 7 for the month; 117 for the quarter, 372 for the year
39190, conf, Ovintiv, Rolfsrud 152-96-32-29-15H,
38967, conf, Hess, GO-Aslakson-156-97-2734H-6,
38629, conf, Whiting, Kannianen Federal 11-4TFHU,

RBN Energy: for wind and solar projects, permitting battles increasingly turn local, part 3.

For a lot of us, efforts to amp up the amount of power generated by renewables is largely out of sight, out of mind. We might know that an increasing share of our electricity is being produced by wind- and solar-powered generation, especially if you live in a place like California or Texas, but the impact might be largely unseen because of where many of those facilities tend to be located. That’s beginning to change, however, as renewable projects get bigger and move closer to populated areas, causing all sorts of new issues for energy developers. In today’s RBN blog, we look at the unique challenges that renewable energy projects face, the slowing pace of project development, and some changes that advocates believe could accelerate the permitting process.

Permitting for infrastructure projects is a well-known problem with many contributing factors but no easy solutions. There are obvious benefits in having interested parties and stakeholders weigh in on major proposals to build or expand energy infrastructure, and credible regulations and appropriate safeguards are essential. Still, the reality is that the permitting process for some important projects can drag on for years — such as with Mountain Valley Pipeline (MVP), the poster child for today’s permitting challenges — and prevent others from ever becoming a reality. Parts of the Fiscal Responsibility Act (FRA), the legislation that raises the U.S. debt ceiling, are intended to expedite the final approvals needed for MVP.

(The FRA was approved by the House on Wednesday, May 31, 2023, and by the Senate on Thursday, June 1, 2023, and signed into law by President Biden on Saturday.)