A Gaggle Of Wells Coming Off Confidential List Today; Surprise Draw In Natural Gas; Diesel About Ready To Surge; One Doesn't Need Tarot Cards To Sort This Out; Mardi Gras Coming To An End -- February 12, 2024

Locator: 46791B.

US natural gas withdrawals last week: didn't see this on my bingo card. Is this the reason? Enquiring minds want to know. If so, this is happening much more quickly than many expected. Locations of 52 US cryptocurrency mining operations, as of January 2024.

Focus on fracking: link here.

• natural gas prices at a 3​½ year low; oil production back to record high; 
• refinery utilization rate is lowest in 57 weeks;  
• refinery throughput is lowest in 56 weeks;  
• distillates production is lowest in 57 weeks.

FANG - Endeavor strategy: in one map. Link here.

DVN, CLR, and WPX: a bit of history.

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Back to the Bakken

WTI: $75.99.

Tuesday, February 13, 2024: 35 for the month; 94 for the quarter, 94 for the year
40051, conf, CLR, Harms East Federal 6-33H2,
39990, conf, CLR, Omlid 11-19HSL,

Monday, February 12, 2024: 33 for the month; 92 for the quarter, 92 for the year
40049, conf, CLR, Harms East Federal 34-33H1,
39481, conf, Oasis, Ledahl 5402 42-33 2BX,
39418, conf, Dakota Gasification Co, Coteau 5, NESE 12-145-88;
39341, conf, Enerplus, Stock 148-93-04A-09H,
38712, conf, Petro-Hunt, Terres 144-97-18A-19-2H,

Sunday, February 11, 2024: 28 for the month; 87 for the quarter, 87 for the year
40048, conf, CLR, Harms East Federal 3-33H,
40042, conf, CLR, Quale Federal 5-1H2,
39415, conf, Liberty Resources M&M W 158-93-28-33-3MBH,
39342, conf, Enerplus, Sprint 148-93-04A-09H,
38711, conf, Petro-Hunt, Terres 144-97-18A-19-3H,

Saturday, February 10, 2024: 23 for the month; 82 for the quarter, 82 for the year
40045, conf, CLR, Quale Federal 8-1H2,
40043, conf, CLR, Quale Federal 6-1H,
39416, conf, Liberty Resources M&M W 158-93-28-33-5MBH,
39414, conf, Liberty Resources M&M W 158-93-28-33-2MBH,
39413, conf, Liberty Resources M&M W 158-93-28-33-1MBH,
39344, conf, Enerplus, Pitstop 148-93-04A-09H,
39343, conf, Enerplus, Rally 148-93-04A-09H,
39114, conf, Hess, EN-Hegland-155-94-0508H-7,

RBN Energy: will there be enough gas to fill Mexico's new pipelines to the Yucatan?

Since the mid-2010s, Mexico’s Comisión Federal de Electricidad (CFE) has developed a massive fleet of natural-gas-fired combined-cycle plants and helped to underwrite the buildout of a far-reaching network of gas pipelines from South Texas and West Texas into and through much of Mexico. Now, there’s a big push to extend that network southeast through the Yucatán Peninsula to serve new power plants and industrial facilities there. The question is, with the vast majority of the pipeline capacity down Mexico’s East Coast already locked up, where will the Yucatán’s incremental gas come from? In today’s RBN blog, we discuss this potential disconnect between Mexico’s gas-related aspirations and reality.