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Thursday, August 31, 2023

Two New Permits -- August 31, 2023

Locator: 45518B.  

Refining margins soaring: link here:


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Back to the Bakken

WTI: $83.58.

Two permits approved, #40171 - #40172, inclusive:

  • Operator: Morgan E&P
  • Field: Glad oil field (Billings)
  • Comments:
    • Morgan E&P has permits for an Obrigewitch well and a Baranko well, SWSE 28-142-98, 
      • to be sited 335 FSL with one at 2040 FEL and the other at 2005 FEL

One permit renewed:

  • 33867, Foundation Energy, an Audry permit, Golden Valley.

Much Less Blogging Until Late Next Week -- August 31, 2023

Locator: 45517B.

It's hard to go off the grid for even a day when I enjoy blogging so much.

But due to family commitments, I will not be blogging much until late next week.

I will blog once a day, but it could be short.

Good luck to all. 

The Bakken remains the focus of the blog, of course, but observations on investing have now taken center stage.

Sorry. Not sorry.

Computerworld: the iPhone is now the world's biggest-selling smartphone for the first time. It's about to get even bigger. Link here.

NVDA: will flirt with $500 today.

For Some Inexplicable Reason, WTI Rises Even After Hurricane Has Zero Impact -- August 31, 2023

Locator: 45516B. 

WTI: $82.25.

Sunday, September 3, 2023: 57 for the month; 259 for the quarter, 504 for the year
39665, conf, WPX, Cumulus 14-33TFH,
39296, conf, Slawson, Banshee 4-1H,
37936, conf, BR, Boxer 3C TFH,

Saturday, September 2, 2023: 54 for the month; 256 for the quarter, 501 for the year
35472, conf, Oasis, MHA 6-29-30H-150-92,

Friday, September 1, 2023: 53 for the month; 255 for the quarter, 500 for the year
37935, conf, BR, Boxer 3B MBH,

RBN Energy: is responsibly-sourced natural gas about to take center stage?

The global push to slash methane emissions from natural gas-related operations — from production wells to end-users — and certify gas as being “responsibly sourced” has been accelerating and broadening. It now seems possible that within the next two or three years the majority of gas produced in the U.S. will be certified as responsibly sourced gas, or RSG, and that large numbers of gas buyers — power generators, industrials, LNG exporters and local distribution companies (LDCs) among them — will be buying RSG, or at least moving toward doing so. Further, an RSG market is developing (a handful of trading platforms have already been launched), as are tracking systems to ensure that gas sold as RSG is fully accounted for and legit, with no double-counting or fuzziness. In today’s RBN blog, we begin an in-depth look at RSG and its emergence from a relative novelty to the cusp of wide acceptance.