Locator: 52128B.
Streaming: simply gets better and better and better.
- Hulu + Amazon Prime + YouTube (traditional, short clips) with some à la carte channels
- the à la carte channels I don't watch; my wife watches these channels
- some are free; some are subscription (I don't know anything about these channels)
- tonight, watching Hitchcock's Dial M For Murder on TCM for the millionth time
- available through Hulu
- about the only major network we don't get: Paramount;
- occasionally I consider subscribing, but not yet.
AI: simply gets better and better and better.
- first time ever I created a "QR code" de novo using AI
- not only did I create the "QR code," I learned how the process works
- able to follow score of tonight's NFL game without spending inordinate time looking for score
- found Veterans Day schedule for Sophia's middle school later this week with one click
- getting full education on estate taxes, probate, community property state (Texas)
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Back to the Bakken
WTI: $85.87 last night. This morning? $84.96.
New wells reporting:
- Friday, November 13, 2026: 32 for the month, 98 for the quarter, 597 for the year,
- None.
- Thursday, November 12, 2026: 32 for the month, 98 for the quarter, 597 for the year,
- None.
- Wednesday, November 11, 2026: 32 for the month, 98 for the quarter, 597 for the year,
- 41910, conf, Devon Energy, Owan Trust North 29-28-27F 3H,
- Tuesday, November 10, 2026 31 for the month, 97 for the quarter, 596 for the year,
- None.
RBN Energy:
RBN Energy: Qatar’s deals for U.S.-sourced LNG broaden its global market reach. Link here. Archived.
Qatar has long been a heavyweight in LNG production, but its ambitions now extend well beyond supplying cargoes from its own shores. With new deals in place to purchase U.S.-sourced LNG, a growing shipping fleet and access to European import terminals, state-owned QatarEnergy is assembling the pieces to become the world’s largest LNG trader. That could shake up a market where established portfolio players and independent traders already face mounting competition. In today’s RBN blog, we’ll look at Qatar’s evolving strategy, why U.S. LNG figures so prominently in its plans, and what its expanding role could mean for the global battle for market share.
QatarEnergy announced October 22 that it had reached sales and purchase agreements (SPAs) with a pair of Cheniere Energy subsidiaries (Sabine Pass Liquefaction and Corpus Christi Liquefaction) for a total of 4 million tons per annum (MMtpa; 0.5 Bcf/d) of LNG, sold FOB (free-on-board), from the early 2030s to 2054. The company followed that up October 29 with a 3-MMtpa (0.4 Bcf/d) deal with Woodside Energy from the latter’s Louisiana LNG project (currently under construction), which will supply LNG on FOB terms for 20 years starting in 2030. The volumes will supplement QatarEnergy’s 12.4 MMtpa (1.6 Bcf/d) of FOB LNG supply from Golden Pass LNG, a project in which it holds a 70% stake. The agreements make QatarEnergy the largest purchaser of U.S. LNG, and the trade press reports that further deals are under discussion with other U.S. Gulf producers. The deals mark a major development in Qatar’s LNG marketing strategy and support the emirate’s stated ambitions to become the world’s largest LNG trader.
Historically, Qatar (green bar in Figure 1 below) has vied with Australia (blue bar) and, more recently, the U.S. (red bar) to be the world’s largest LNG producer (see We Three Kings), surrendering its crown to the U.S. in 2023. The emirate has 77 MMtpa (10.2 Bcf/d) of design LNG capacity and plans to expand it to 142 MMtpa (18.8 Bcf/d) by the end of the decade via expansions of the North Field, situated offshore Qatar, and construction of additional trains at Ras Laffan Industrial City, although project delays have increased uncertainty around the 2030 target. (North Field East has been delayed and North Field West has not reached FID). This, plus the volumes purchased in the U.S., will likely amount to about 161.4 MMtpa (21.4 Bcf/d), or roughly 22% to 25% of the projected global market by 2032.
