Locator: 48646B.
I've never considered rig count the right metric to follow when it comes to shale oil production (don't take that out of context). A much better metric is the number of well completions.
From ChatGPT: how many well completions in the following years:
- 2023, full year: 1,103
- 2024, full year: 1,004
- 2025, first quarter, 267 (may be revised); annualized for full year = 1,068 wells.
Also from ChatGPT:
It’s worth noting that North Dakota’s oil production has remained steady, with the state producing an average of 1.191 million barrels per day in December 2024. The rig count stood at 37 in November 2024, and the number of wells waiting on completion decreased slightly from 334 in October to 301 in November. These figures suggest a stable drilling and completion environment as the state progresses through 2025.
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Movie Night: Cruella
Cruella. Kinky Boots on steroids.
From Amazon Prime today -- to rent: $3.99. Watched by three of us.
Incredible sound track including a cover of the Beatles' "Come Together" by Ike and Tina Turner.
Connecting dots:
- Emma Stone, Mark Strong.
- Birdman. Poor Things.
- Tinker, Tailor ....
- Kay Feenan: great review of TTSS, link here.
- she says a "romance, love film" without calling it a "romance, love film"
- Aline Brosh McKenna: The Devil Wears Prada.
- Kelly Marcel: Fifty Shades of Grey.
