Six New Permits -- April 15, 2025

Locator: 48484B.

Venture Global LNG commences operations at Calcasieu Pass, link here:

US coal, link here:

Pronounced "H-twenty processors: H20, in this context, has nothing to do with water. LOL. 

Trump relaxes restrictions; will let Nvidia export to China high-end chips especially made for China but it will result in a $5.5 billion charge to Nvidia. It seems folks forgot that Trump could have banned all chips made in America from being exported to China. My advice: Nvidia would be better off concentrating on chips for the US market. This is huge (and good news) for making America great. If this is "all about" China, imagine the technology gap that is widening between the US and Europe. Remember: just yesterday, it was announced two supercomputers to be built in Texas (Houston and Dallas, which will results in 100's of thousands of jobs).

Let's get a grip here, folks:

Getting more gassy, link here, but regular readers already knew that. It's actually good news:

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Back to the Bakken

WTI: $61.33.

Active rigs: 32.

Six new permits, #41810 - #41816, inclusive:

• Operators: Devon (3); BR (2); CLR
• Fields: Wolf Bay (Dunn County); Elidah (McKenzie County); and Corinth (Williams)
• Comments:
• CLR has a permit for a Stoltenberg well, lot 4, section 4-159-97, 
• to be sited 428 FL and 269 FWL;
• BR has permits for two Rolla wells, SWW 9-151-97, 
• to be sited 1815 FNL and 563 / 531 FWL;
• Devon has permits for three Meriwether wells, NWSE 21-147-92, 
• to be sited 2288 FSL and 1751 / 1811 FEL.

• A seventh permit, #41814, a SWD well, McKenzie Energy Partners, Big Little Knife SWD, Jim Creek, Dunn County.