Locator: 48590B.
Nvidia (NVDA): up 810% in three years. Now most folks suggesting Nvidia will be a $4-trillion company; some say more, trending toward $6 trillion.
Headlines:
- Apple win: Trump administration scraps "made in the USA" tag for the Trump gold smartphone)
- why wind and solar can't meet rising energy needs: oilprice.
- Shell confirms it is not buying BP at this time: links everywhere.
- Cramer: remembers a list of billionaires that bailed on Nvidia. Was Nancy on that list? x.
- Nvidia: closes at record high yesterday and in pre-trading today, up another 1%
- One of my favorite / more incredible x contributors has lost his/her mojo: x
- JPow: is no longer data dependent; basing rate decisions on "what if's" in the future: x
- the tariff story is over, dead, inconsequential: CNBC
- Mideast making the Mideast great again; Iran is irrelevant and Israel will keep it that way; at least during the Netanyahu-Trump era: comment
- Trump getting closer to naming a "shadow" Federal Reserve chairman
*********************************
Back to the Bakken
Bakken Patok crude differential hits one-year high -- RBN Energy. Link here. Archived.
WTI: $65.10. Oil holds.
New wells:
- Friday, June 27, 2025: 58 for the month, 211 for the quarter, 425 for the year,
- 41259, conf, CLR, Putnam 2-25H,
- 40766, conf, Oasis, Olson State Federal 5399 41-9 2B,
- 40658, conf, Enerplus, Reel 149-95-36D-25H,
- 40657, conf, Enerplus, Line 149-95-36D-25H,
- Thursday, June 26, 025: 54 for the month, 207 for the quarter, 421 for the year,
- None.
RBN Energy: choice of well tubing plays a key role as horizontal laterals extend their reach.
Since its beginning in western Pennsylvania 166 years ago, the oil and gas industry has been on a relentless quest to unlock more hydrocarbons. And for years, the focus has been on drilling more productively, not just drilling more wells. The techniques that have evolved since the start of the Shale Revolution have led to rapid increases in the length of horizontal laterals, boosting initial production (IP) rates — a critical development but posing new challenges for drillers. In today’s RBN blog, we discuss why longer laterals in horizontal wells aren’t the answer in every shale play, the advantages of the two types of tubing used in those wells, and how they can help boost productivity.