Monday, January 13, 2025

A Number Of Wells Coming Off Confidential List As WTI Goes Over $78 -- Monday, January 13, 2025

Locator: 44674B.

Investing, link here:

Brilliant: Elon Musk positioning Cybertrucks throughout southern California with Starlink access for folks to charge their mobile devices / access internet. Absolutely brilliant. First responders now using those Cybertrucks.  

Wind gusts: starting tomorrow, southern California expecting 70+ mph wind gusts. Will last about 24 hours.

Childhood vaccination rates: terrifying. And sad. Link here. Can't fix stupid.

California fires: a question not being asked -- to what extent did EVs exacerbate neighborhood fires? Once those fires start, FDs can't put them out and huge amounts of water are used, generally with little success.

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Back to the Bakken

WTI: $78.23.

New wells:

  • Tuesday, January 14, 2025: 21 for the month, 21 for the quarter, 21 for the year,
    • None.
  • Monday, January 13, 2025: 21 for the month, 21 for the quarter, 21 for the year,
    • 40587, conf, Neptune Operating LLC, Simpson LW 5-8 12H,
    • 40199, conf, Grayson Mill, Hopes 30-27F 5H,
  • Sunday, January 12, 2025: 19 for the month, 19 for the quarter, 19 for the year,
    • 40588, conf, Neptune Operating LLC, Simpson LW 5-8 5H,
    • 40295, conf, BR, Kellogg Ranch 2B TFH,
  • Saturday, January 11, 2025: 17 for the month, 17 for the quarter, 17 for the year,
    • 40083, conf, Hess, EN-Halvorson-157-9-3229H-6,
    • 40565, conf, Neptune Operating LLC, Simpson 5-8 6H,

RBN Energy: Biden removes vast offshore areas from drilling, but impact is largely symbolic

With just a few days left in office, President Biden on January 6 made a final effort to shape U.S. energy policy and development by permanently banning new oil and gas drilling across more than 625 million acres of coastal waters.
Using an obscure provision of a 1953 law, the Outer Continental Land Shelf Act (OCLSA), the president signed an executive order banning future drilling in federal waters off the Eastern Seaboard, the eastern Gulf of Mexico, the West Coast and portions of the northern Bering Sea in Alaska. The ban is largely just for show, but in today’s RBN blog we’ll discuss why it might cause headaches for the “drill, baby, drill” Trump administration.

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