Locator: 46907B.
Politics: "the GOP" needs to decide now whether it's better to have Trump back in office or start working for another outcome. For Trump to get back in office there's a lot of work that needs to be done.
Back to .... oil.
Perfect timing: I was going to do an essay on this exact subject, but Tsvetana Paraskova will do a much better job. OPEC no longer in the driving seat.
The Pause: Qatar is taking advantage of Biden's US LNG export facility permitting pause. Folks ignoring the pause have no idea how fast global commerce is moving. Link here.
Chord Energy: The combined company is expected to be a premier operator in the Williston basin in North Dakota, with about 1.3 million net acres and 287,000 barrels of oil equivalent per day in production.
Chord Energy:
- to merge with Enerplus, February 21, 2024
- after merger, a premier operator in the Williston basin in North Dakota, with about 1.3 million net acres and 287,000 barrels of oil equivalent per day in production.
- CLR: last Bakken data (2021 - 2022):
- 825,000 acres; 6 rigs; #1 producer (1Q22)
- Bakken, CY2021: 169,636 bopd
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