Manic Monday -- Again -- March 10, 2025

Locator: 48486B.

X is down: has been up and down since 5:00 a.m. local time this morning. Now fully down -- I am unable to access x. Let the conspiracy theories begin. [Later: the "downdetector" gauge show the problem is getting worse, not better.]

Victor Davis Hanson: no one is ready for what comes next. Must-watch.

Victor Davis Hanson: Mexico, MeToo no more, the Left's meager pickin's. Must-watch.

GDPNow: latest estimate, 1Q25, -2.4%. Link here.

Recession: Trump refuses to r/o a recession under his watch. It takes awhile for these things to happen, and sometimes longer for them to correct. Thus, might the US be in a severe recession going into the mid-term elections? 

Most important date for investors: May 31, 2026.

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

WTI: $66.34.

New wells:

• Tuesday, March 11, 2025: 31 for the month, 147 for the quarter, 147 for the year, 
• 40446, conf, Grayson Mill, Alfred South 20-22-5H,
• 39951, conf, Hess, EN-Wefald-156-24-2413H-4,
• Monday, March 10, 2025: 29 for the month, 145 for the quarter, 145 for the year,
• 40859, conf, BR, West Ranch 4D-MBH-ULW-B,
• 40445, conf, Grayson Mill, Alfred South 20-22 4H,
• 41035, conf, BR, Phantom Ship 7C,
• 26467, conf, Grayson Mill, Scott 150-99-13-24-4H,
• 25271, conf, Grayson Mill, Holm 150-99-13-24-2H,
• 25270, conf, Grayson Mill, Holm 150-99-13-24-3H,
• Sunday, March 9, 2025: 23 for the month, 139 for the quarter, 139 for the year, 
• 40472, conf, Hess, GO-John-156-98-0508H-5,
• 26468, conf, Grayson Mill, Scott 150-99-13-24-5H,
• Saturday, March 8, 2025: 21 for the month, 137 for the quarter, 137 for the year,
• None.

RBN Energy: tech giants increasingly turning to natural gas to power data centers. 

Archived here. Lede here.

******************************
Early Production Data

The wells:

• 40472, conf, Hess, GO-John-156-98-0508H-5, Wheelock, t9/24; cum 136K 1/25; F:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2025	31	23892	23947	34516	43079	42612	467
BAKKEN	12-2024	31	28196	28095	43030	44362	43793	569
BAKKEN	11-2024	22	20337	20356	31414	27210	26819	391
BAKKEN	10-2024	28	32229	32270	29364	73435	71829	1606
BAKKEN	9-2024	20	31227	31030	46688	61978	60778	1200

• 40445, conf, Grayson Mill, Alfred South 20-22 4H, Elk, t9/24; cum 138K 1/25;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2025	24	18848	19047	42327	18337	17348	902
BAKKEN	12-2024	31	37287	37231	78098	39791	27607	12015
BAKKEN	11-2024	30	30359	30397	79937	29203	22064	7003
BAKKEN	10-2024	28	30380	30312	81407	31845	8623	23048
BAKKEN	9-2024	20	21052	20757	74669	22499	0	22389
BAKKEN	8-2024	0	0	0	0	0	0	0
BAKKEN	7-2024	0	0	0	0	0	0	0
BAKKEN	6-2024	0	0	0	0	0	0	0