Monday, February 9, 2026

The Bakken -- February 9, 2026

Locator: 49938B.

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Back to the Bakken

WTI: $63.85.

New wells reporting:

  • Tuesday, February 10, 2026: 16 for the month, 69 for the quarter, 69 for the year,
    • None.
  • Monday, February 9, 2026: 16 for the month, 69 for the quarter, 69 for the year,
    • 41815, conf, BR, Rolla 6B,
    • 41354, conf, Hess, GO-Dustin Brose-156-98-2932H-3,
  • Sunday, February 8, 2026: 14 for the month, 67 for the quarter, 67 for the year,
    • 41335, conf, Hess, BW-Stoveland-149-1003H-4,
  • Saturday, February 7, 2026: 13 for the month, 66 for the quarter, 66 for the year,
    • None.

RBN Energy: the sunshine state is a heavyweight in natural gas consumption. Link here. Archived.

Florida is the nation’s fourth-largest consumer of natural gas, but unlike the three states ahead of it — Texas, Louisiana and California — the Sunshine State produces virtually no gas of its own. And get this: Florida’s gas consumption has tripled over the past 25 years, mostly due to the development of nearly 30 gigawatts (GW) of new gas-fired power plants. That buildout spurred the expansion of existing gas pipelines and the construction of new ones. In today’s RBN blog, we examine Florida’s remarkable growth and whether additional pipeline capacity might be needed.

This is an awesome time of year to go to Florida, so long as you’re OK with alligators, long lines at Walt Disney World and $38 hamburgers. Hurricane season is long past, the weather is balmy, and February is one of the driest months, so the odds are good that your round of golf or afternoon at the beach won’t be marred by a nasty thunderstorm. If you haven’t visited in a few years, you’ll be amazed at how crowded it is. The state is now home to more than 24 million (up from 16 million in 2000), and during the winter months “snowbirds” from up north swell the population by a million or so and shorter-term tourists add another half-a-mil, mostly in Orlando and along the coasts.

All that growth — and the shift away from coal-fired generation to other sources — has helped to transform Florida’s energy profile, especially gas. Back in 2000, the state’s natural gas consumption averaged just under 1.5 Bcf/d; by 2024-25, usage had 3X’ed to more than 4.6 Bcf/d. Gas consumption there is heavily weighted toward power generation. As shown in Figure 1 below, an astonishing 87% (blue bar segments) is now used to fuel gas-fired combined-cycle and combustion-turbine units the state’s electric utilities have been building with abandon, mostly to keep pace with the double-headed monster of population growth and air-conditioning demand. The rest is split between industrial use (orange bar segments; 8%) and residential/commercial (res/comm; green bar segments; 5%).