WTI Holds; Rises Slightly -- November 14, 2024

Locator: 48752B.

Trump sweep: finally, "everyone" is declaring that the GOP takes the US House.

Sixth industrial revolution: link to Beth. As usual, the replies are quite helpful.

CoWoS: I'm proud of this one. Spotted this subject some weeks (months?) ago. Posted a link at the time. Now, getting a lot more press. Start here. Search "CoWoS" at X.

Kaetz: the opposition conveniently forgets Clinton's oval office and the blue dress, as well as the whole Epstein affair, which was conveniently swept aside.

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Back to the Bakken

WTI: $68.74.

Friday, November 15, 2024: 20 for the month; 80 for the quarter, 594 for the year

• 40311, conf, Hess, EN-Rice A-155-94-0310H-9,

Thursday, November 14, 2024: 19 for the month; 79 for the quarter, 593 for the year

• 40636, conf, CLR, Vandeberg 4-35H,
• 40464, conf, Enerplus, Devils Canyon 147-97-20-2H-WLL,
• 40193, conf, Hess, EN-Cvancara A-155-93-3231H-11,

The Hess En-Rice family of wells: tracked here but map needs to be updated.

RBN Energy: Coterra Energy continues shift to oil with new Permian deals. 

Just over three years ago, Cabot Oil & Gas — Coterra Energy’s corporate predecessor — was focused exclusively on producing natural gas in the Marcellus Shale. But unlike other gas-centric E&Ps like EQT Corp., Chesapeake Energy and Antero Resources, Cabot decided it was time to diversify. In October 2021, it merged with Cimarex Energy, an oil-and-gas producer in the Permian and the Anadarko, to form Coterra. Now, Coterra has doubled down on diversification with a plan to acquire oil-weighted Permian assets from privately held Franklin Mountain Energy and Avant Natural Resources for a total of $3.95 billion in cash and stock. In today’s RBN blog, we discuss the deals and why Cabot/Coterra decided to “go its own way.”