Eight Wells Coming Off Confidential List These Next Two Days -- October 18, 2023

Locator: 45807B.

Huge day; so much blogging; mostly about earnings; all good; we'll get back to these later this morning:

• BRK -- tropical storms
• Hasbro -- Nvidia
• Stockholm -- EVs
• Airlines -- huge profits
• P&G -- beats estimates
• WTI -- surges; even so, oil companies shares hold back
• anyone check out the S&P for the year so far? 
  

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Back to the Bakken

WTI: surges; up almost 3% overnight; breaches $89; up $2.39 in pre-market

Thursday, October 19, 2023: 46 for the month; 46 for the quarter, 616 for the year
39682, conf, Crescent Point Energy, CPEUSC Farthing 4-30-31-158N-100W-MBH, Church
39329, conf, CLR, Skachenko FIU 5-31H1, Jim Creek,
39281, conf, Oasis, Osprey 5401 43-22 2B, Todd,
37450, conf, Hess, Austin 105-1929H, Parshall,
36779, conf, BR, George 1B MBH, Pershing,

Wednesday, October 18, 2023: 41 for the month; 41 for the quarter, 611 for the year
39683, conf, Cresent Point Energy, CPEUSC Clermont 4-19-18-158N-100W MBH,
39330, conf, CLR, Arthur 8-12H,
39282, conf, Oasis, Harrier 5401 43-22 6B,

RBN Energy: Petra Nova restart provides an intriguing test case for carbon-capture technology.

Second chances don’t always come around, but when they do, you’d do well to learn from your previous experiences and make the most of them. For the Petra Nova carbon-capture/enhanced-oil-recovery (EOR) project southwest of Houston, its previous three-year run largely confirmed the preconceived notions of critics as a highly touted project that fell short of expectations for a variety of economic and technical reasons. But it also enjoyed some significant successes, and now the facility has been given a second life, courtesy of a new owner and higher oil prices. In today’s RBN blog, we look at the long-awaited restart of the Petra Nova project, what its owner hopes to gain from it, and what it could mean for the carbon-capture industry.