Thursday, January 15, 2026

Off The Net For Awhile -- Overwhelmed With Data Today -- Have To Take A Break -- Good Luck To All -- January 15, 2026

 l

This is what overwhelmed me -- in a positive way.

 ***********************************
Apple

Yahoo!Finance alerted me to this today:

For Amazon, this is their #1 bestseller in computers and accessories. The computer is now being sold at a 20% discount. By the way, look at the cost of memory!

Oakdale Oil Field Updated -- No New Permits In This Field Since 2022 -- Another CLR Whitman Well Goes Over One Million Bbls Oil -- Posted January 15, 2026

Locator: 49923B.

The Oakdale oil field is tracked here

Look at the production profile for this well, one of the last nine permits approved for this field, approved back in 2021, drilled back in 2022:

  • 38495, drl/A, CLR, Whitman FIU 8-34H, Oakdale, t9/22; cum 517K 11/25;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20253026792674146724800232133
BAKKEN10-20253128982885159828838272232
BAKKEN9-20253027902881165128554269637
BAKKEN8-202531454845351730335923258233
BAKKEN7-202531462245461646292732822194
BAKKEN6-2025302874287317602861027590121
BAKKEN5-202525261126851418209342011736
BAKKEN4-20253039863921181029426281977
BAKKEN3-20253142874297191730381294746
BAKKEN2-20252841004093165827441267063
BAKKEN1-202531424642732160329503203817
BAKKEN12-2024314492449520773095930209320
BAKKEN11-2024304374435522333066229606181
BAKKEN10-2024193098308013742331622571118
BAKKEN9-2024304460447420113738936242247
BAKKEN8-202431534753682495371783618220
BAKKEN7-2024315453542527703832937131190
BAKKEN6-202430555655792668348173388832
BAKKEN5-20243163746358296137286369850
BAKKEN4-20243065586567257337856369612
BAKKEN3-202431648665032526381003713747
BAKKEN2-20242974557491332037044361720
BAKKEN1-20242968916879293536703357752
BAKKEN12-20233185938582352243133422030
BAKKEN11-202330827082663304384303738395
BAKKEN10-202331104571048740374747746349171
BAKKEN9-202330112931129343105036848956281
BAKKEN8-20233112236121984796504424920061
BAKKEN7-202331136291364947875371852361174
BAKKEN6-202330161531618155165507953535434
BAKKEN5-202331205792059566065994758309492
BAKKEN4-2023302364023655724859126564311581
BAKKEN3-202331265962658977065926257860259
BAKKEN2-202328267192669768494662045330261
BAKKEN1-202331315693159794385789356335419
BAKKEN12-202231376803774899494808347643142
BAKKEN11-2022304418144178130495712356293559
BAKKEN10-20223162740626671717280920806729
BAKKEN9-2022305607155903212096334863037311
BAKKEN8-20220000000
BAKKEN7-20220000000
BAKKEN6-2022121211415173501735

 Wells of interest:

  • 17061, AB/664, CLR, Whitman 11-34H, Oakdale, t6/08; cum 587K 10/22; note halo effect:
BAKKEN10-20223114261143141238019033187922
BAKKEN9-2022303619436217258343996639770196
BAKKEN8-20221831218310871770825267236651602
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-20220000000
BAKKEN3-20220000000
BAKKEN2-20220000000
BAKKEN1-20220000000
BAKKEN12-20210000000
BAKKEN11-20210000000
BAKKEN10-20210000000
BAKKEN9-20211423655373872750
BAKKEN8-2021316565505212418220
BAKKEN7-2021265847562110346960

A million bbls of oil:

  • 20212, 482, CLR, Whitman 3-34H, Oakdale, t9/11; cum 1,174,381 bbls 11/25; note the halo effect (one of several):
BAKKEN11-2018293205032060798233651307742503
BAKKEN10-20183137074369921081339302356113272
BAKKEN9-20183036826366251433138670340104265
BAKKEN8-2018447314441237846213785786
BAKKEN7-20181676784403
BAKKEN6-2018111380000
BAKKEN5-2018004030000
BAKKEN4-20181632393127473246523760
BAKKEN3-201819548656317564317413950
BAKKEN2-20182553105088595444542610
BAKKEN1-201831105131072518698937864150
BAKKEN12-2017312190321790484124087238390
BAKKEN11-201730194521980953791966718479968
BAKKEN10-201721121501140168471354971916268
BAKKEN9-20170000000
BAKKEN8-20170000000
BAKKEN7-20170000000
BAKKEN6-20170000000
BAKKEN5-20171002000
BAKKEN4-20175380363981151140
BAKKEN3-201761573200108990

Venezuela's Oil Could Last Until 3000 -- That's 3000 AD, Not $3,000 -- January 15, 2026

Locator: 49922OIL.

Two of the biggest scams perpetuated on the American people -- and they're obviously related:

  • global warming
    • renewable energy; 
  • peak oil. 

Looking back on this -- global warming and peak oil -- China was behind this story.

  • for most of us, it was obvious decades ago;
  • for the rest, it should be obvious now. 

By the way, "Peak Oil" is tagged. Peak Oil.  

Link here.



Peak oil
? I don't think so. LOL. President Trump is to strategic thinking that Elon Musk is to manufacturing. 

Oil Production -- Lower 48 -- Y/Y -- By Basin -- Incredible Numbers Across The Board -- January 15, 2026

Locator: 49921B.

Bakken's production y/y: drops all of 54 bbls oil per day. Not only inconsequential but absolutely incredible. Link here. 

Thursday -- January 15, 2026

Locator: 49920B.

BlackRock's Larry Fink: AI -- there is no bubble. Let me repeat that, there is no bubble.  If we do not invest in the hyperscaler sector, China wins.

Venezuela: Trump is playing chess; the pundits can barely play checkers. Lessons learned from the Keystone XL.  Link here.

  • Venezuelan oil priced at a premium to competing Canadian barrels for US Gulf Coast refiners.
  • Trump got a two-fer (or more) when he took out Maduro and put Marco Rubio in charge.

AMZN becomes a miner: link here


**********************************
Back to the Bakken

Bakken's production y/y: drops all of 54 bbls oil per day. Not only inconsequential but absolutely incredible. Link here. 

WTI: $59.34.

New wells reporting:

  • Friday, January 16, 2026: 24 for the month, 24 for the quarter, 24 for the year, 
    • 41964, conf, Petro-Hunt, Lovdahl 158-94-32D-30-1HS, 
  • Thursday, January 15, 2026: 23 for the month, 23 for the quarter, 23 for the year, 
    • 41364, conf, BR, Sandie 1B MBH, 
    • 40912, conf, Hess, GO-Layton-156-97-1931H-2,  

RBN Energy: techology, LG pull gas producers into high-stakes western Haynesville. Link here. Archived

Producers venturing into the substantial natural gas reserves in the far-west part of the Haynesville Shale — south of Dallas and about 200 miles west of DeSoto Parish, LA, in the core Haynesville — were historically thwarted by extreme geological conditions and poor drilling economics, which quickly relegated the area to the back burner in the early years of the Shale Era. Now, technological advancements and bullish market conditions are once again beckoning producers to look beyond the core areas of the Haynesville. Rig activity in the Western Haynesville is the highest it’s been in 10 years and production volumes have been ticking up over the past two. In today’s RBN blog, we begin a series looking at recent activity and production scenarios for the region as it fits into the larger Gulf Coast supply-demand balance.

Before we dive into the latest dynamics of the Western Haynesville development, let’s start with some quick definitions and geography to put it in the context of the larger Haynesville. What we and the broader market commonly refer to as the Haynesville (blue-shaded area in Figure 1 below) is, of course, one of the OGs of shale development, bursting onto the scene in 2008, during the early days of the Shale Revolution. The sweet spots lie on or just off the Cotton Valley Shelf Edge (yellow-shaded area) along the northern stretch of the Texas-Louisiana border. (Please note we use generalized terms for basins and formations, which are commonplace in the industry but not necessarily the precise geological classification. As shown in Figure 1, the Haynesville is a surface area that provides access to formations such as the Austin Chalk, Cotton Valley, and other basins for development and extraction.