Devon With Five New Permits -- April 14, 2025

Locator: 48476B.

WTI: $61.82.

Active rigs: 34.

Five new permits, #41805 - #41809, inclusive:

• Operator: Devon
• Field: Wolf Bay (Dunn County)
• Comments:
• Devon has permits for five Explorer wells, NWSE 21-147-92, 
• to be sited 2288 FSL and 1871 / 1991 FEL.
• it appears these wells will run west-to-east, being sited in section 21, and the spacing unit sections 19 / 20. This is under the river and there are absolutely no wells in this drilling unit
• there are four 1280-acre spacing units and eight sections altogether in this immediate area, under the river, and not one well has been drilled in any of these eight sections
• two of the closest wells in this area:
• 20115, 1,211, Oasis, MHA 3-05-08H-147-92, Heart Butte (to the north, t7/11; cum 406K 2/25;
• 20116, 2,533, Oasis, MHA 1-05-08H-147-92, Heart Butte (to the north, t7/11; cum 469K 2/25;
  

Everything's Bigger In Texas -- Now It's AI Supercomputers In Texas -- Nvidia -- April 14, 2025

Locator: 48475TEXAS.

Nvidia is working with Taiwanese electronics manufacturers Foxconn and Wistron to build two supercomputer factories in Houston and Dallas, the company announced Monday. Nvidia expects the investment to result in “hundreds of thousands of jobs,” and said that “mass production at both plants is expected to ramp up in the next 12-15 months.”

Nvidia: now, it's AI supercomputers .... drum roll ... in Texas. Link here.

The story is simply amazing:

This will be the first time that AI supercomputers, which are used to power data centers that solely process artificial intelligence, will be made completely in the U.S., Nvidia said.

The move comes after Trump administration officials said over the weekend that they are conducting a trade investigation into semiconductors. Chip and chip-enabled electronics will see new tariffs within a month or two, they said.

Nvidia said it has commissioned more than 1 million square feet of manufacturing space to build and test its Blackwell chips in Arizona and AI supercomputers in Texas.

The company is working with Foxconn, the world’s largest contract electronics maker, on a supercomputer plant in Houston and with Taiwan’s Wistron on a plant in Dallas.

Mass production at both sites is expected to increase in the next 12 to 15 months. The recent flurry of reciprocal tariffs, particularly those targeted at China, have sent tech-sector heavyweights scrambling to assess how their supply chains might be affected and shifted if the new sky-high rates aren’t adjusted downward through trade negotiations.

The only question: will the first AI supercomputer be built in a major urban center in Texas (Houston or DFW) or will it be built in the panhandle of Texas?

Blue Origin Launch Tonight -- April 14, 2025

Locator: 48474ASTRONAUTS.

Amazon preparing to deliver packages to International Space Station, no doubt.

Van Horn, Texas: link here.

Once a rest stop for mail carriers going between El Paso and San Antonio now plays host to a new kind of traveler jetting to a new frontier: space.

Corn Ranch, link here.

Corn Ranch, commonly referred to as Launch Site One (LSO), is a spaceport owned and operated by Blue Origin which is located approximately 30 miles north of the town of Van Horn, Texas, United States. The 165,000-acre plot of land was purchased by Jeff Bezos in 2004.

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The Energy Page

UK steel, coal, what a mess, link here. And the Brits did this to themselves.

EU, not to be outdone has a Russian energy problem, link here.

ICYMI: EU aims to quit Russian gas by 2027, but has no plan on how.

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The Movie Page

Wellesnet, link here.

Tag: Orson Welles.

Manic Monday -- April 14, 2025

Locator: 48473B.

WTI: $61.88

New wells

• Tuesday, April 15, 2025: 57 for the month, 57 for the quarter, 264 for the year,
• 41169, conf, CLR, Arley 7-18HSL,
• 40760, conf, Hunt Oil, Kandiyohi 159-90-6-18H-4,
• 40753, conf, CLR, Rutledge 4-11H,
• 40734, conf, Kraken Operating, Steen13-246H,
• 29268, conf, Grayson Mill, Helsingborg Federal 153-96-21-18-13HLW,
• 29115, conf, Grayson Mill, Helsingborg Federal 153-96-22-27-3H,
• 29114, conf, Grayson Mill, Helsingborg Federal 96-22-27-10H,
• 29113, conf, Grayson Mill, Helsingborg Federal 153-96-22-27-2H,
• Monday, April 14, 2025: 49 for the month, 49 for the quarter, 256 for the year,
• 41168, conf, CLR, Christiana 8-6H,
• 40976, conf, CLR, Entzel 4-14H,
• 40733, conf, Kraken Operating, Steen LE 13-24 12H,
• 30294, conf, Hunt Oil, Palermo McNic 156-90-22-23H-2,
• Sunday, April 13, 2025: 45 for the month, 45 for the quarter, 252 for the year,
• 41167, conf, CLR, Arley 6-18H1,
• 41137, conf, CLR, Shadowcat 1-31H,
• 39038, conf, Grayson Mill, Orville 4-9 4H,
• 30295, conf, Hunt Oil, Palermo McNic 156-90-22-23H-3,
• Saturday, April 12, 2025: 41 for the month, 41 for the quarter, 248 for the year,
• 41099, conf, CLR, Christiana 7-6H,
• 41028, conf, Wesco Operating, Federal 43-20,

RBN Energy: explorting the quirkiest NGL.

Natural gasoline is the most expensive natural gas liquid (NGL), accounting for more than 25% of the price-weighted NGL barrel (versus 10%-12% of the barrel by volume). It is also notoriously difficult to track, with similar products having different names and unclear demand segments. In fact, the difficulty tracking portions of demand, combined with an ongoing imbalance in crude oil supply/demand, led the Energy Information Administration (EIA) to change the way it accounted for natural gasoline demand, which made more than 200 Mb/d of production “disappear” in 2022. In today’s RBN blog, we look at natural gasoline’s primary uses and what was behind the EIA’s decision.