Hess With Three New Permtis; Two DUCs Reported As Completed -- September 9, 2024

Locator: 48553B.

WTI: $68.78.

Active rigs: 37.

Three new permits, #41111 - #41113, inclusive:

• Operator: Hess
• Field: Beaver Lodge (Williams)
• Comments:
• Hess has permits for three BL-Ray wells, NESE 6-155-95, 
• to be sited 331 FEL and at 1855 FSL, 1822 FSL, and 1789 FSL.

Two producing wells (DUCs) reported as completed:

• 40287, 2,355, MRO, Serum 34-12H, Killdeer, t4/24; cum 124K 7/24; full production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2024	31	25023	25026	37131	21461	20523	867
BAKKEN	6-2024	30	28729	28737	40975	21513	21208	240
BAKKEN	5-2024	31	37015	37006	57837	24078	23985	20
BAKKEN	4-2024	28	32811	32738	75950	22163	20482	1602
BAKKEN	3-2024	1	0	0	61	0	0	0

• 40290, 2,398, MRO, Grayson 31-13TFH, Killdeer, t4/24; cum 124K 7/24; full production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2024	31	15622	15631	29238	13108	12536	529
BAKKEN	6-2024	30	20551	20540	43376	16131	15902	180
BAKKEN	5-2024	31	18912	18901	44218	13503	13450	12
BAKKEN	4-2024	19	13832	13801	42952	7903	7311	564

Cramer's First Hour -- September 9, 2024

Locator: 48552CRAMER.

iPhone event today!

Supercycle, link here:

Cramer's first hour: a mix of fact, factoids, opinions from various sources -- often not cited -- while listening to Cramer's first hour on CNBC. David Faber says his children won’t get the “16.” He will upgrade their phones to the “15.” Speaks volumes. More on that later. 

iPhone 16 pricing, link here: https://www.macrumors.com/2024/09/09/iphone-16-pro-999-rumor/. Expectation: $1,299; perhaps as low as $1,000. We will know in less than an hour. Apple announces prices:

Nvidia was the first story and that conversation led to energy requirements.

NVDA, link here:

Hyperscalers! Mentioned by Jim at 8:06 a.m. CDT. 

As regular readers know, I play bingo with an “AI” focus while watching Cramer’s first hour. The playing card has five columns. Instead of BINGO, the columns are headed with these letters: CHIPS. The “free space” in the middle of the card is a “Hyperscalers” space. 

Palantir: Sophia started a position in this company about a month ago. Link here. And, yes, it was on my bingo card today and Sophia started the position before it was announced that PLTR would be added to the S&P 500. Whoo-hoo. Also, see this link -- be sure to follow the thread.

Nvidia:

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Disclaimer
Briefly Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.

Manic Monday -- September 9, 2024

Locator: 48551B.

WTI: $68.25.

Tuesday, September 10, 2024: 27 for the month; 155 for the quarter, 479 for the year
40514, conf, CLR, Hartman 11-28H,
40326, conf, Petro-Hunt, State 144-98-16B-21-1H,

Monday, September 9, 2024: 25 for the month; 153 for the quarter, 477 for the year
40203, conf, Petro-Hunt, Zabolotny 144-98-9C-4-2H,

Sunday, September 8, 2024: 24 for the month; 152 for the quarter, 476 for the year
40327, conf, Petro-Hunt, State 144-98-16B-21-2H,
37578, conf, BR, Mathistad 2B MTFH,

Saturday, September 7, 2024: 22 for the month; 150 for the quarter, 474 for the year
40481, conf, CLR, Roadrunner 7-15H,
40328, conf, Petro-Hunt, State 144-98-16A-21-3H,
40149, conf, KODA Resources, Amber 1435-2BH,
40147, conf, KODA Resources, Amber 1402-3BH,

RBN Energy: natural gas flows into and out of the Agua Dulce area and what they reveal. Archived.

In just a few years’ time, the Agua Dulce Hub in South Texas has become an increasingly busy, complex and important crossroads for natural gas pipelines. Every day, more than 7.5 Bcf of gas flows through the hub’s inbound and outbound pipes, linking Permian and Eagle Ford supplies to gas demand centers along the Texas coast and in Mexico — LNG export terminals, power generators and industrial, commercial and residential customers. And if you think Agua Dulce is big now, just wait. In today’s RBN blog, we continue our in-depth look at Agua Dulce with an analysis of the growing gas volumes into and out of the hub, the pipelines handling those flows, and the key sources of incremental demand.