Eighteen Wells Coming Off Confidential List Today -- February 28, 2025

Locator: 48437B.

Long overdue:

BRK-B: hits another 52-week high today.

Pemex: more bad news. Link here.

Skype: another Microsoft product gone.

Illegal immigration: comes to a stop.

Inflation: Goldilocks numbers.

******************************
Back to the Bakken

WTI: $69.45.

New wells:

• Sunday, March 2, 2025: 8 for the month, 124 for the quarter, 124 for the year,
• 40355, conf, Grayson Mill, Alfred South 20-22 3H,
• 39833, conf, Hess, EN-Meiers-154-93-1324H-8,
• 39832, conf, Hess, EN-Meiers-154-93-1324H-6,
• 30433, conf, BR, Manchester 2C,
• Saturday, March 1, 2025: 4 for the month, 120 for the quarter, 120 for the year,
• 40566, conf, BR, Burned Edge 2A-ULW,
• 40498, conf, Hess, EN-Weyrach A-LW-154-93-1720H-1
• 39976, conf, BR, Manchester 2B,
• 39954, conf, Hess, EN-Wefald-156-94-2413H-5,
• Friday, February 28, 2025: 71 for the month, 116 for the quarter, 116 for the year,
• 40997, conf, Murex, MK-Grace Sophia 6-7H TF,
• 40996, conf, Murex, MK-Mila Kate 6-7H MB,
• 40952, conf, Empire North Dakota, Woodpecker 29-2H,
• 40914, conf, BR, Phantom Ship 7A, 
• 40877, conf, Oasis, Barnes Federal 5202 43-11 5B,
• 40567, conf, BR, Burned Edge 1A-ULW,
• 40444, conf, Grayson Mill, Alfred South 20-22 2H,
• 40436, conf, Enerplus, Prowess 150-94-06B-18H,
• 40435, conf, Enerplus, Gallant 150-94-06A-18H,
• 40434, conf, Enerplus, Purpose 150-94-06A-18H,
• 40432, conf, Enerplus, Fearless 150-94-06A-18H-LL,
• 40368, conf, Enerplus, LK Erickson 147-97-11-2-7H,
• 40367, conf, Enerplus, LK Erickson 147-97-11-2-6H,
• 39975, conf, BR, Manchester 2A,
• 39831, conf, Hess, EN-Meiers-154-93-1324H-6,
• 25864, conf, Grayson Mill, Holm 150-98-5-8-3H
• 25863, conf, Grayson Mill, Holm 150-98-5-8-10H,
• 25862, conf, Grayson Mill, Holm 150-98-5-8-2H,

RBN Energy: logistical challenges, price tag complicate Trump's goal of refilling SPR. 

Strategic Petroleum Reserve (SPR) inventories have been climbing for more than a year, but they could go much higher if President Trump has his way, as one of his major campaign promises was to refill the SPR “to the very top,” a goal he has repeated since his return to the Oval Office. Current inventories sit just below 400 MMbbl, leaving the SPR about 320 MMbbl shy of maximum capacity. But the refilling process may not be as straightforward as one might think, as three of the four SPR storage sites have experienced construction upgrades in the last year — which means things could go slower than anticipated. In today’s RBN blog, we’ll discuss the challenges of filling up the SPR and detail four scenarios for how the process might play out.