Manic Monday -- March 24, 2025

Locator: 48358B.

March Madness: "Sweet 16" set. Begins later this week.

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

WTI: $68.84.

New wells:

• Tuesday, March 25, 2025: 66 for the month, 181 for the quarter, 181 for the year,
• 41091, conf, Ragnar Exploration, Halley 1-36H, 
• 41021, conf, CLR, Bud FIU 7-30H, 
• 40483, conf, Silver Hill Energy Operating, Tucson W 158-94-26-35-2MBH, 
• 40475, conf, Hess, GO-John-LW-156-98-0507H-1,
• 40404, conf, Phoenix Operating, Nate 27-34-3 4H
• 40329, conf, Phoenix Operating, Nate 27-34-3 3H
• Monday, March 24, 2025: 60 for the month, 175 for the quarter, 175 for the year,
• 40469, conf, Phoenix Operating, Nate 27-43-3 1H- LL, 
• 40403, conf, Phoenix Operating, Nate 27-34-3 2H, 
• 39695, conf, Hess, TI-Beauty Valley-LE-158-95-15423H-1,
• 39042, conf, Grayson Mill, Dave Arnson 5-8 4H, 
• 39041, conf, Grayson Mill, Dave Arnson 5-8 5H,
• Sunday, March 23, 2025: 55 for the month, 170 for the quarter, 170 for the year,
• 41018, conf, WGO Resources, Koon Harkins 1-26,
• 40943, conf, Murex, LA-Lily Anne 25-36H MB, 
• 39318, conf, Grayson Mill, Marilyn 31-33 2H,
• Saturday, March 22, 2025: 52 for the month, 167 for the quarter, 167 for the year,
• None.

RBN Energy: propane wholesalers tasked with balancing seasonal demand, steady production. 

More than 9 billion gallons of propane were delivered to U.S. consumer markets in 2024, primarily for residential heating and cooking. Demand is highly seasonal, which brings a unique set of challenges for buyers, especially on the wholesale side of the market, but production tends to be steadier over the course of the year. In today’s RBN blog, we show how wholesalers balance supply and demand and the critical role of the winter-to-summer ratio.