Wednesday, June 21, 2023

Texas Is Doing Just Fine -- Thank You For Your Concern -- Longest Day Of The Year -- Summer Officially Begins -- June 21, 2022

Locator: 45006TX.
Locator: 45006ERCOT.

Plenty of reserves today.

Wind: more than forecast.

Also, not quite as hot.

Also, Texans are starting to acclimated to summer (again). Happens every year.



 We appreciate all the thoughts and prayers from the good folks being served by ISO NE. 

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Islands In The Stream

Link here.

Written by Barry Gibb. Song "given" to Kenny Rogers. After hearing Kenny Rogers sing the song, Barry said, "We need Dolly Parton." 

True story. The question: what made Barry think a duet was needed? And Dolly Parton? How did he think of her? Genius. Absolutely genius.

Chips -- June 21, 2023

Locator: 45005CHIPS. 

This is why one keeps a rolling 30-year horizon.

Link here.

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Qualcomm

First time I've seen a "positive" story on QCOM in a long time. Many story lines in this article.

Link here.

End Of The Trail? Not Yet -- Crypto -- Williston, ND -- June 21, 2023

Locator: 45004ND. 

Link here.

Texas Oil -- Adds A Record Number Of Jobs In May, 2023

Locator: 45003TEXAS. 

Link here

Cushing Storage -- Hits Two-Year Peak -- June 21, 2023

Locator: 45002WTI. 

And yet gasoline is still running over $3.00 / gallon here in north Texas. Time for an investigation?

Link here

Remember a few years ago when "Cushing" was full and "everyone' worried that "we' would run out of places to store crude oil.

No one seems worried this time? 

DUCs -- The Bakken -- June 21, 2023

Locator: 45001DUCS. 

DUCs: the Bakken. Supplied by a reader, thank you. 

Years ago: rule of thumb, 800 DUCs in the Bakken. 

Now, 500 DUCs in the Bakken.

Month-Yr

Bakken


Drilled

Completed

DUC

Dec-13

--

--

603

Jan-14

174

143

634

Feb-14

214

158

690

Mar-14

216

218

688

Apr-14

220

207

701

May-14

216

208

709

Jun-14

237

225

721

Jul-14

257

243

735

Aug-14

229

207

757

Sep-14

250

232

775

Oct-14

186

243

718

Nov-14

209

202

725

Dec-14

224

194

755

Jan-15

197

193

759

Feb-15

230

151

838

Mar-15

182

170

850

Apr-15

142

127

865

May-15

124

139

850

Jun-15

110

135

825

Jul-15

102

124

803

Aug-15

111

101

813

Sep-15

99

92

820

Oct-15

118

84

854

Nov-15

100

89

865

Dec-15

98

78

885

Jan-16

71

80

876

Feb-16

61

41

896

Mar-16

68

45

919

Apr-16

43

39

923

May-16

46

59

910

Jun-16

42

54

898

Jul-16

45

56

887

Aug-16

53

82

858

Sep-16

49

66

841

Oct-16

59

85

815

Nov-16

61

86

790

Dec-16

53

49

794

Jan-17

62

52

804

Feb-17

51

58

797

Mar-17

78

71

804

Apr-17

78

104

778

May-17

94

82

790

Jun-17

76

105

761

Jul-17

95

103

753

Aug-17

99

110

742

Sep-17

98

97

743

Oct-17

104

110

737

Nov-17

93

86

744

Dec-17

77

65

756

Jan-18

107

72

791

Feb-18

74

74

791

Mar-18

95

90

796

Apr-18

109

110

795

May-18

124

131

788

Jun-18

108

118

778

Jul-18

134

155

757

Aug-18

108

138

727

Sep-18

108

122

713

Oct-18

120

118

715

Nov-18

110

99

726

Dec-18

108

70

764

Jan-19

120

71

813

Feb-19

108

56

865

Mar-19

111

110

866

Apr-19

118

112

872

May-19

127

127

872

Jun-19

118

149

841

Jul-19

122

122

841

Aug-19

122

144

819

Sep-19

110

88

841

Oct-19

116

108

849

Nov-19

96

88

857

Dec-19

94

86

865

Jan-20

99

98

866

Feb-20

94

100

860

Mar-20

94

108

846

Apr-20

69

33

882

May-20

33

14

901

Jun-20

18

11

908

Jul-20

18

22

904

Aug-20

19

27

896

Sep-20

18

51

863

Oct-20

19

41

841

Nov-20

20

31

830

Dec-20

20

51

799

Jan-21

20

41

778

Feb-21

19

24

773

Mar-21

25

45

753

Apr-21

27

47

733

May-21

29

62

700

Jun-21

31

33

698

Jul-21

32

62

668

Aug-21

39

69

638

Sep-21

42

79

601

Oct-21

43

78

566

Nov-21

46

62

550

Dec-21

52

50

552

Jan-22

53

34

571

Feb-22

64

44

591

Mar-22

66

68

589

Apr-22

58

39

608

May-22

75

61

622

Jun-22

75

80

617

Jul-22

75

84

608

Aug-22

76

87

597

Sep-22

78

85

590

Oct-22

77

92

575

Nov-22

79

71

583

Dec-22

80

65

598

Jan-23

80

91

587

Feb-23

80

93

574

Mar-23

80

93

561

Apr-23

79

91

549

May-23

74

84

539