BR Reports Completing A DUC -- Note The Halo Effect -- January 7, 2026

Locator: 49834BRDUC. 

From today's daily activity report:

One producing well (a DUC) reported as completed:

• 37665, 2,649, BR, Kellog Rach 1B MBH, McKenzie County; huge well;

Full production profile: 40,459 bbls over 16 days extrapolates to 75,860 bbls over 30 days.

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2025	30	18552	18532	13144	71838	71212	544
BAKKEN	10-2025	31	17359	17389	11473	63014	62452	520
BAKKEN	9-2025	29	19395	19369	12617	62123	61509	584
BAKKEN	8-2025	28	17673	17670	16571	54465	53907	530
BAKKEN	7-2025	20	16549	16467	15304	47014	46500	492
BAKKEN	6-2025	0	0	145	0	0	0	0
BAKKEN	5-2025	16	40459	40314	4496	123301	122032	1210
BAKKEN	4-2025	0	0	0	0	0	0	0
BAKKEN	3-2025	0	0	0	6654	0	0	0

 Well of interest to the west:

• 29169, 905, CLR, Kellogg Ranch Federal 3-32H, Elidah, t9/15; cum 604K 11/25; look at the recent production, paying attention to the jump in production, 4/25 after being offline just prior:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2025	30	10473	10462	14852	40668	40263	0
BAKKEN	10-2025	31	10987	10944	14667	36863	36466	0
BAKKEN	9-2025	30	13873	13694	18374	45139	44734	0
BAKKEN	8-2025	31	18015	18273	21395	55761	55342	0
BAKKEN	7-2025	31	20299	20179	29933	63124	62705	0
BAKKEN	6-2025	30	15831	15743	44384	47290	46885	0
BAKKEN	5-2025	28	4631	4546	33204	10880	10536	0
BAKKEN	4-2025	30	12482	12548	18518	34559	34154	0
BAKKEN	3-2025	18	8256	7900	15458	22090	21853	0
BAKKEN	2-2025	0	0	0	0	0	0	0
BAKKEN	1-2025	15	955	1489	1499	4147	3988	0
BAKKEN	12-2024	31	2691	2419	2827	10981	10562	0
BAKKEN	11-2024	30	2884	2703	3630	10030	9625	0
BAKKEN	10-2024	31	2963	2906	3799	8139	7721	0
BAKKEN	9-2024	22	2308	2136	4515	5779	5495	0

Six New Permits -- January 7, 2026

Locator: 49833B. 

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Back to the Bakken

WTI:

Active rigs: 24. Record recent low.

Six new permits, #42616 - #42622, inclusive:

• Operator: Phoenix Operating (4); KODA Resources (2):
• Fields: Ranch Creek (McKenzie County); and, Daneville (Divide County)
• Comments:
• KODA Resources has permits for two Ale wells, SWSE 15-161-103, 
• to be sited 406 FSL and 1154 / 1189 FWL;
• Phoenix Operating has permits for four Mary wells, NWNE 25-14-99, 
• to be sited 298 FNL and 2263 / 2323 FEL. 

Six permits renewed:

• Whiting (4): four Jefferson Federal permits, Foreman Butte (McKenzie County);
• Slawson (2): two Magnum wells, Baker oil field (McKenzie County;

One producing well (a DUC) reported as completed:

• 37665, 2,649, BR, Kellog Ranch 1B MBH, McKenzie County; huge well; note the halo effect of a neighboring well to the west.

Upwards of 300 wells changing hands: from Zavanna, LLC, to Zavanna Energy Operating. Background noise.

Zavanna: website -- 

Seven wells transferred from Slawson to Enerplus: one Bonanza permit/well (#19572) and six Magnum permits/wells (#22247, #22249, #22731, #40318, #40395, and #40396). 

Micron -- Megafab -- New York -- Update -- January 7, 2026

Locator: 49832MICRON.

I really get a kick out of this. Six months ago CNBC started raising two issues with regard to AI and the sixth (fourth) industrial revolution:

• where will the power come from? And,
• the risk of circular financing.

CAT answered the first question. Link here. Is CAT now the biggest a/c engine manufacturer? 

Circular financing seems to be a concern that never evolved.

Today we lean that Micro is about to break ground on its $100 billion New York megafab on January 16, 2026.

Link here. Also, Shay here.

I really don't get it. Is Shay Boloor going to break out as this year's best investor?

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The Worst Is Over

Link here. 

CAT: The Number One (#1) Dow Ticker For Calendar Year 2025 -- January 7, 2026

 Locator: 49831CAT.

I am not tuning into CNBC  for now. I am limiting myself to ten minutes a day, the first ten minutes of the 0800 hour with Cramer. Life has all of a sudden gotten really, really better. I'm blogging from the Bat Cave.  

AI prompt: has CAT become the largest natural gas turbine manufacturer in the world?

AI tries so hard to be politically correct. LOL.

Okay, let me ask it a different way, for the average retail mom-and-pop retail investor, what's the best way to play the natural gas turbine phenomenon? Here we go, LOL:

AI must drive Shay nuts.

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If I Had All The Money In The World

I would be back in Yorkshire, 2004.

Link here. 

CPB, NPR, PBS -- January 7, 2026

Locator: 49830PBS.

AI prompt: Prior to their most recent announcement didn't The Corporation for Public Broadcasting say that it did not neet government funding to survive?

GM, F Sales, Calendar Year 2025, And 4Q25 -- Posted January 7, 2026

Locator: 49829AUTOSALES.

EVs sales slowing, link here? 

Link here: Ford.  

 

Link here: GM. 

 

How would you summarize GM and Ford's EV sales for calendar year 2025:

 

Wind Energy Storage Facility Apparently Approved -- But We're Not There Yet -- January 7, 2026

Locator: 49828NDENERGY.

The Bismarck Tribune has this story behind a paywall: North Dakota regulators on Wednesday approved the state's first energy storage facility. where will that storage facility be?

Google Gemini, no paywall:

• Key data points:

• key developer: NextEra Energy
• purpose: to store excess energy from nearby wind farms
• 140 megawatts; Bis-Man for four hours 
• ND's first energy storage facility
• Emmons County, 20 miles NE of Linto
• second facility planned
• Burke County, 10 miles south of Columbus 

How much energy could be stored, link here:

It would store up to 140 megawatts of power from a nearby wind farm in times of increased demand. As an example, that much power could keep the Bis-Man area and the Mandan refinery running up to four hours, according to the Public Service Commission.

How much would the Linton project cost: $180 million. 

 

Thank You Judge -- Cutting Off One's Nose To Spite One's Face -- January 7, 2026

Locator: 49827SAYONARA.

I do not know if this was Judge Boasberg.

Link here. 

The contract was over ten years old. Wow.

Just Checking To See Relationship Between US And Greenland -- January 7, 2026

Locator: 49826GREENLAND.

The NYT reports the story a little bit differently. Link here. 

 

Just Checking To See Who Has Responsibility For Protecting US Citizens In Minneapolis, MN -- January 7, 2026

Locator: 49825ICE.

 

Drones, Robots, And Autonomous Driving Vehicles -- They're Here -- January 7, 2026

Locator: 49824DRONES.
Locator: 49824WALMART.

Updates

January 10, 2026, from ChatGPT:

Walmart partners with specialized drone delivery companies that design, operate, and supply the aircraft and logistics technology. The major partners in its drone delivery program include:

🚁 Key Drone Providers Working With Walmart

1. Wing (Alphabet/Google’s drone unit)

Alphabet’s drone delivery business — formerly part of Google X — provides the aircraft and drone delivery service for many Walmart locations, especially in the Dallas–Fort Worth area and newly expanded cities like Houston, Atlanta, Orlando, and Charlotte. 

2. Zipline

Zipline is another provider whose fixed-wing drones have been used in Walmart pilots. Zipline designs and operates its own delivery aircraft and has been approved for Beyond Visual Line of Sight (BVLOS) flights, allowing broader service reach. 

3. (Earlier Partners – Phase-Out) DroneUp and Flytrex

Walmart previously worked with DroneUp (a delivery services provider; note it does not manufacture the drones itself). 

Flytrex has also been part of earlier retail and food deliveries in some markets (though not currently highlighted as a primary vendor in recent expansions).

In short: the drones delivering your Walmart orders are made and operated by Wing and Zipline, with prior pilots involving DroneUp and Flytrex.

Original Post  

Walmart Supercenter, Bedford / Euless, Texas. North Texas, Ft Worth suburb. 

Videos:

• link 1;

• link 2;

• link 3.

Thank You, Mr Trump -- Gasoline Is Now Below $2 In North Texas -- January 7, 2026

Locator: 49823GASOLINE.

Our local Walmart. North Texas. DFW suburb. 

My Favorite Chart -- Last Data Point For Calendar Year -- January 7, 2026

Locator: 49822MMF.

Link here. 

$7.73 trillion.

 ******************************
Gone Fishing

I took Sophia and her friend fishing yesterday where they met other kids their age fishing.

Sophia had a great day; we lost count of the fish she had caught after her fifth fish. 

Bait: nightcrawlers clearly the best bait.

Link here. 

Wednesday, January 7, 2026

Locator: 49821B.

Weather: holy mackerel, the weather is gorgeous here in north Texas, DFW. Clear, calm, and high will be 76°F. Right now, early morning? Light jacket at most. 

DOW, S&P: hit record highs. Again.

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Back to the Bakken

WTI: $56.66.

New wells reporting:

• Friday, January 9, 2026: 13 for the month, 13 for the quarter, 13 for the year,
• None.
• Thursday, January 8, 2026: 13 for the month, 13 for the quarter, 13 for the year, 
• None.
• Wednesday, January 7, 2026: 13 for the month, 13 for the quarter, 13 for the year,
• 40970, conf, Devon Energy, Costanza 24-13 7TFH, 

RBN Energy: Venezuela's oil industry could be poised for a rebound, but it will take time. Link here. Archived.

Venezuela took center stage over the weekend when U.S. forces removed President Nicolás Maduro from power, triggering a flood of speculation and market commentary about the country’s vast oil reserves and the potential for reviving its now-moribund upstream and refining sectors. Of course, there is a lot of uncertainty about how this might play out, but one thing seems clear: The upheaval could impact everything from crude oil flows and price differentials to refining slates and export economics. In today’s RBN blog, we’ll take a deep dive into the outlook for Venezuela’s oil and refined product sectors in the short, middle and long term.