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Friday, May 17, 2024

News From Geoff Simon's Weekly Note -- Friday, May 17, 2024

Locator: 47113B_Archives.

Lynn Helms to retire.

 
Location not yet disclosed:

McLean County natural gas continues to climb.


DAPL EIS
: we may get a ruling by 2100.

Williston: a $36-million facility.

Week 20: May 13, 2024 -- May 19, 2024

Locator: 47112TOPSTORIES.

Top story:

  • Israel moves into Rafah; doesn't seem to be much coverage (or much interest)
  • Dow: longest "win" streak so far in 2024 continues

Top international non-energy story:

Top international energy story:

Top national non-energy story:

Top national energy story:

  • WTI just goes through $80 at end of day.

Focus on frackinglink here.

Top North Dakota non-energy story:


Top North Dakota energy story:


Geoff Simon's quick connectslink here.

*************************************
Market

Market at the close:

EV Charging Network In France -- May 17, 2024

Locator: 47175EVS.

Link here

This is an interesting story.

When thinking EVs, there are three markets to watch:

  • China
  • North America (i.e., the US)
  • Europe

China: I have no idea what's going on over there.

I could say the same thing about Europe and North America but I think I have a better idea of what is going on in Europe and America when it comes to EVs and the charging infrastructure. 

I never imagined that a French utility would be bleeding cash with its charging infrastructure at this time in the evolution of the EV rollout. 

With all the other headwinds of which I'm aware, add this article. 

This is not a good omen for acceptance of the EV. 

This seems simply amazing. I'm still trying to process what it means.

Bakken DUC Update-- May 17, 2024

Locator: 47173DUCS.

From a reader. Huge thanks.


Bakken


Drilled

Completed

DUC

Dec-13

--

--

603

Jan-14

174

143

634

Feb-14

214

158

690

Mar-14

216

218

688

Apr-14

220

207

701

May-14

216

208

709

Jun-14

237

225

721

Jul-14

257

243

735

Aug-14

229

207

757

Sep-14

250

232

775

Oct-14

186

243

718

Nov-14

209

202

725

Dec-14

224

194

755

Jan-15

198

193

760

Feb-15

230

151

839

Mar-15

183

170

852

Apr-15

143

127

868

May-15

125

139

854

Jun-15

110

135

829

Jul-15

103

124

808

Aug-15

111

101

818

Sep-15

99

92

825

Oct-15

118

84

859

Nov-15

100

89

870

Dec-15

98

78

890

Jan-16

71

80

881

Feb-16

61

41

901

Mar-16

68

45

924

Apr-16

43

39

928

May-16

47

59

916

Jun-16

42

54

904

Jul-16

45

56

893

Aug-16

53

82

864

Sep-16

49

66

847

Oct-16

59

85

821

Nov-16

61

86

796

Dec-16

53

49

800

Jan-17

62

52

810

Feb-17

51

58

803

Mar-17

78

71

810

Apr-17

78

104

784

May-17

94

82

796

Jun-17

76

105

767

Jul-17

95

103

759

Aug-17

99

110

748

Sep-17

98

97

749

Oct-17

105

110

744

Nov-17

93

86

751

Dec-17

77

65

763

Jan-18

107

72

798

Feb-18

74

74

798

Mar-18

95

90

803

Apr-18

109

110

802

May-18

125

131

796

Jun-18

108

118

786

Jul-18

134

155

765

Aug-18

108

138

735

Sep-18

108

122

721

Oct-18

121

118

724

Nov-18

110

99

735

Dec-18

108

70

773

Jan-19

121

71

823

Feb-19

108

56

875

Mar-19

111

110

876

Apr-19

118

112

882

May-19

127

127

882

Jun-19

118

149

851

Jul-19

123

122

852

Aug-19

123

144

831

Sep-19

110

88

853

Oct-19

116

108

861

Nov-19

96

88

869

Dec-19

94

86

877

Jan-20

99

98

878

Feb-20

94

100

872

Mar-20

94

108

858

Apr-20

69

33

894

May-20

33

14

913

Jun-20

18

11

920

Jul-20

18

22

916

Aug-20

19

27

908

Sep-20

18

51

875

Oct-20

19

41

853

Nov-20

20

31

842

Dec-20

20

51

811

Jan-21

20

41

790

Feb-21

19

24

785

Mar-21

25

45

765

Apr-21

27

47

745

May-21

29

62

712

Jun-21

31

33

710

Jul-21

32

66

676

Aug-21

39

69

646

Sep-21

42

79

609

Oct-21

43

78

574

Nov-21

47

68

553

Dec-21

52

50

555

Jan-22

53

35

573

Feb-22

64

49

588

Mar-22

67

68

587

Apr-22

58

39

606

May-22

75

61

620

Jun-22

75

81

614

Jul-22

75

89

600

Aug-22

76

93

583

Sep-22

78

82

579

Oct-22

77

95

561

Nov-22

79

78

562

Dec-22

80

40

602

Jan-23

80

89

593

Feb-23

80

83

590

Mar-23

80

86

584

Apr-23

79

100

563

May-23

74

102

535

Jun-23

70

113

492

Jul-23

70

114

448

Aug-23

68

111

405

Sep-23

64

95

374

Oct-23

67

80

361

Nov-23

67

93

335

Dec-23

66

85

316

Jan-24

68

65

319

Feb-24

69

70

318

Mar-24

69

65

322

Apr-24

69

63

328