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Wednesday, November 29, 2023

Eight Wells Coming Off Confidential List These Next Two Days -- The Bakken Keeps On Rollin' -- November 29, 2023

Locator: 46200B. 

Comments: some really, really good comments by Josh Brown yesterday regarding rate cuts, another rate increase. Really, really good comments.

Chattajack 2023: this deserves a stand-alone post; maybe later.

Travel: we spent upwards of 15 years in Europe; it was awesome. Articles like this make me want to return to Europe. But, it won't happen. Sad. Link here.

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Back to the Bakken

WTI: $75.88.

Wednesday, November 29, 2023: 144 for the month; 144 for the quarter, 714 for the year
39174, conf, Liberty Resources, Sylvia N 158-93-16-14-4MBHX,
39172, conf, Liberty Resources, Alton N Federal 158-93-16-14-2MBHX,
39171, conf, Liberty Resources, Alton N 158-93-16-14-1MBHX,
37110, conf, BR, Carlsbad 4A UTFH,

Tuesday, November 28, 2023: 140 for the month; 140 for the quarter, 710 for the year
39820, conf, Crescent Point Energy, CPEUSC Matilda May 6A-29-32-158N-1000W-MBH-LL,
39814, conf, CLR, North Tarentaise Federal 10-18H2,
39145, conf, Enerplus, LK Bice 147-96-6-31-2H,
37109, conf, BR, Carlsbad 3D MBH,

RBN Energy: For Florida, a proposed "rolling pipeline" for refined products.

Florida is entirely dependent on others for the vast amounts of refined products it consumes — every gallon of gasoline, diesel and jet fuel that’s pumped into cars, SUVs, trucks, locomotives and airplanes in the Sunshine State needs to be either shipped or trucked in. Now, a midstream company is planning a project that would enable large volumes of refined products to be railed into Florida by unit trains to three new storage and distribution terminals — and eventually several more. In today’s RBN blog, we discuss the plan. 

Florida is the third-largest state in the U.S. by population after California and Texas, with more than 22 million residents, the vast majority of whom depend on gasoline or diesel to get around. On average, Floridians drive a collective 650 million miles a day, or enough to get Elon Musk to the moon and back more than 1,300 times. And speaking of hurtling through space, Florida is #2 — behind only California — in its consumption of jet fuel, a fact that will come as no surprise to anyone who has flown into or out of Orlando or Miami.

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