A Musical Interlude -- If You're Coming To San Francisco -- January 14, 2025

Locator: 44683MUSIC.

I read a lot of books but not as many as I should. But I read a lot of books. The classics, I often read more than once, or at least portions, more than once.

I'm de-cluttering the apartment and the Bat Cave tonight.

Right now, this is what I am working on:

In the background, one of my favorite videos, link here, wow, the number of times I drove this highway:

I need to re-read Hunter S. Thompson's Hell's Angels. 

Speaking of that book, here it is, directly behind me:

But then YouTube played this, link here. I saw this movie growing up in Williston. I remember Jerry Lewis but not Stella Stevens. LOL. I also remember Mr Ceglowski and balancing chemistry equations, some of the best days of my life.

Is that enough, or should I post a few more? Let's see where YouTube takes me.

Of course, it takes me to Del Shannon. Link here.

Six New Permits -- January 14, 2025

Locator: 44682B.

Hamburgers: I have not had a hamburger at Whataburger since well before Covid. I had my first Whataburger in perhaps five years last night here in north Texas. Incredibly disappointed. Not at all how I remember Whataburgers. Service was awesome but the hamburger was awful. 

Politics: amazing how fast -- good, bad, indifferent -- that President is getting things done in his last 21 business days. Why can't presidents always work this fast. It will be interesting if Trump works this fast in his first 21 business days.

Intel (INTC): will separate its "VC arm, INTEL Capital, as a separate entity with a new name; stand-alone operations to begin in 2H25.

Apple - TSMC: Apple is getting close to verifying the processors made at TSM's Arizona fab. Many said it couldn't be done this fast (or ever, in some cases).  

Nonsense: SEC suing Elon Musk over his purchase of Twitter. 

Not nonsense: Elon Musk launched another 21 Starlink satellites this week. What did the SEC do last week? 

Not nonsense: if you want to destroy the US military, support Trump's nominee. What a sad joke. 

A reminder: the CEO of Nvidia and the CEO of AMD are cousins. 

Electricity: EIA says electricity demand will grow fastest in the industrial sector as new semiconductor and battery manufacturing operations come on line. Electricity demand in the commercial sector will grow by 2% in both 2025 and 2026 -- LDCs.

Also new:  Plano-based JCPenney and SPARC Group merged to launch Catalyst Brands, according to a news release. Plano, Texas. 

Jargon: what's it called when websites require age verification? Answer: age-gating. 

The Atlantic will be The Atlantic Monthly again. 

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Back to the Bakken

Energy deal in the Bakken announced: link here. Kinder Morgan Inc (KMI) / Hiland Partners Holdings LLC to acquire Outrigger Energy II LLC in North Dakota; $640 million. Outrigger has been mentioned numerous times on the blog. Includes a natural gas processing plant near Williston. 

WTI: $77.91.

Active rigs: 33.

Six new permits, #41511 - #41516, inclusive:

• Operators: Enerplus (4); EOG (2)
• Fields: Eagle Nest (Dunn); Parshall (Mountrail)
• Comments:
• EOG has permits for two Wayzetta wells, NWSW 9-153-90, 
• to be sited 1993 / 2030 FSL and 764 / 779 FWL;
• Enerplus has permits for four Eagle Nest wells: MHA Bibiscus, MHA Lilac, MHA Nettle, and, MHA Holly; 
• to be sited 302 / 306 FSL and 2005 / 2110 FEL.

Two permits renewed:

• BR: Mary Swanson and Rader Dodge, the former in Bear Den, McKenzie County; and, the latter in Camel Butte, also in McKenzie County.

One permit canceled:

• 36852, XTO, Abby Federal 24X-7AXD, Dunn County.

Taco Tuesday -- January 14, 2025

Locator: 44681B.

Washington Post: if this is accurate -- from almost 23 million to less than 3 million daily users (readers?) at the beginning of the Biden presidency until the election last fall. The paper lost $100 million last year -- a single year loss of $100 million. 

Blue Origin: yesterday's launch scrubbed. Link here.

California fires:

• Mandeville Canyon area: mandatory evacuation
  
• Sunset up to Encino Reservoir
• from Mandeville Canyon to "the 405"
• some areas, the firemen have had to evacuate
  

Major DEI hire resigns after four years. Story covered elsewhere.

China oil demand, link here: 

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Back to the Bakken

WTI: $77.53. Dropping.

New wells:

• Wednesday, January 15, 2025: 23 for the month, 23 for the quarter, 23 for the year, 
• 40205, conf, Koda Resources, Stout 1402-2BH,
• 40099, conf, Silver Hill Energy Operating, LLC, Morgen Federal 158-93-17-20-1MBH,
• Tunesday, January 14, 2025: 21 for the month, 21 for the quarter, 21 for the year,
• None.

RBN Energy: developing crude oil production forecasts in a world that's constantly changing.

In just a few days, President-elect Trump will return to office, determined to fulfill his many campaign promises, including his high-profile commitment to ease the regulatory burden on oil and gas producers so they can “drill, baby, drill.” Significantly ramping up production would likely bring down consumer prices for gasoline, diesel and other fuels — a noble goal — but it would also be at odds with the conservative, financially disciplined strategies that now guide many oil majors and oil-focused E&Ps. With the prospects for “drill, baby, drill” uncertain at best, and the correlations between oil prices, rig counts and production volumes less reliable than they used to be, how can we develop a production forecast? In today’s RBN blog, we explain what we do — oh, and we share our forecast with you, for free!