Six Wells Coming Off Confidential List To End The Week -- October 3, 2024

Locator: 48468B.

Why is it so quiet in the Mideast this morning?

Pre-market:

Fisher Investments is correct. It's easy when the market is going up but ... the giddiness one sees on twitter with regard to the market is very, very concerning ...

OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable private companies in the world.

Ovintiv: marketing certain non-operated working interest assets int eh Midland Basin of Texas. Link here.

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Back to the Bakken

WTI: $71.59. Up 2.13%.

Friday, October 4, 2024: 10 for the month; 10 for the quarter, 524 for the year
40578, conf, Oasis, Iceman Federal 5601 34-04 5B,
40322, conf, Oasis, Iceman Federal 5601 34-04 4B,
38261, conf, Hess, BB-Olson-150-95-0817-5,

Thursday, October 3, 2024: 7 for the month; 7 for the quarter, 521 for the year
40622, conf, Oasis, Iceman Federal 5601 34-05 2B,
40579, conf, Oasis, Iceman Federal 5601 34-05 3B,
37823, conf, Enerplus, Sly 149-93-10B-15H,

RBN Energy: new gulf coast storage coming online, with still more capacity being planned. 

As a group, Texas, Louisiana, Mississippi and Alabama have more than 1.1 trillion cubic feet of natural gas storage capacity, most of it along — or within easy reach of — the Gulf Coast, with its long-and-growing list of LNG export terminals as well as gas-consuming industries and gas-fired power plants. That’s a good thing, but still more gas storage will be needed to help ensure there is sufficient gas in hand to meet the region’s rising — and increasingly volatile — requirements. In today’s RBN blog, we’ll continue our review of Gulf Coast storage projects with a look at plans by Trinity Gas Storage and Caliche Storage.