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Sunday, February 15, 2026

Pebble Beach: Scottie Scheffler -- Win Or Lose -- Still #1 -- Incredible -- February 15, 2026

Locator: 49979GOLF.

With six holes yet to play for one, five players tied at -20. 

Morikawa on the 14th hole just went to -21. 

It's Morikawa's tournament to win but Scheffler -- holy mackerel.  

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Investing

Current portfolio. Never been happier.

Helps to have a 30-year-one-day horizon. 

Most excited about Enbridge right now. Along with AAPL and several AI companies. 

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Focus On Dividends -- The Book Page -- February 15, 2026

Locator: 49978DIVIDENDS.

Focus on dividends:

  • CSCO: announces a quarterly increase, to 42 cents, payable April 22, 2026.
    • previous: 41 cents; CSCO generally increases the dividend one cent/share each year; 
  • PSX: announces a quarterly increase, $1.27, payable March 4, 2026. 
    • previous: $1.20 -- a seven-cent increase this year; beating the five-cent increase last year 

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The Book Page

  • The Code Breaker: Jenifer Doudna, Gene Editing, and the Future of the Human Race, Walter Isaacson, c. 2021.
  • A History of Israel, Third Edition, John Bright, c. 1959, 1972, 1981.
  • Genome: The Autobiography of a Species in 23 Chapters, Matt Ridley, c. 2000. 

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TexasWeather

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Initial Production Data For Wells Coming Off Confidential List This Next Week -- February 15, 2026

Locator: 49977B.

The wells: 

  • 41672, conf, Phoenix Operating, Gopher 33-34-35 5H, Noonan, 
DateOil RunsMCF Sold
12-20252365213863
11-20252223619392
10-20252389321291
9-20251053510812
8-20250450
  • 41671, conf, Phoenix Operating, Gopher 33-34-35 4H, Noonan, 
DateOil RunsMCF Sold
12-20252161315815
11-20252198218502
10-20251932814961
9-202564536515
8-20250495
  • 41670, conf, Phoenix Operating, Gopher 33-34-35 2H, Noonan, 
DateOil RunsMCF Sold
12-20252161315815
11-20252198218502
10-20251932814961
9-202564536515
8-20250495
  • 41669, conf, Phoenix Operating, Gopher 33-34-35 1H, Noonan, 
DateOil RunsMCF Sold
12-20252448314481
11-20251957217270
10-20251588915803
9-202574347638
8-20250488
  • 41571, conf, Phoenix Operating, Gopher 33-34-35 3H, Noonan, 
DateOil RunsMCF Sold
12-20252720115481
11-20252288817705
10-20252175418155
9-202569726575
8-20250547
  • 41419, conf, Hess, BL-Odegaard-156-95-1621H-10, Beaver Lodge, 
DateOil RunsMCF Sold
12-20251848232587
11-20252023631112
10-202558677467
9-20252512634443
8-202546306643
  • 41418, conf, Hess, BL-Odegaard-LW-156-95-1621H-1, Beaver Lodge, 
DateOil RunsMCF Sold
12-20251775229932
11-20251791927243
10-20251669423577
9-20253059641765
8-202561348228
  • 41417, conf, Hess, BL-Kvam-156-95-1720H-3, Beaver Lodge, 
DateOil RunsMCF Sold
12-20251419319230
11-20251201912785
10-20252141425296
9-20253251841634
8-202551404629
  • 40966, conf, XTO, HBU Sakakawea Federal 13X-35A, Hofflund, npd,
  • 40965, conf, XTO, HBU Sakakawea Federal 13X-35G, Hofflund, npd, 
  • 41819, conf, BR, Rolla 6E, Elidah, npd, 
  • 41332, conf, Hess, BW-Hagen-149-100-1522H-4, Ellsworth, 
DateOil RunsMCF Sold
12-20251207026571
11-20251167423323
10-20251987727467
9-20252706740206
8-202555708652
  • 41047, conf, Hess, BL-Kvam-156-95-1720H-2, Beaver Lodge, 
DateOil RunsMCF Sold
12-20251550319979
11-20251351520005
10-20252317332848
9-20251221916994
8-2025713311553
  • 40967, conf, XTO, HBU Sakakawea Federal 13X-35EXH, Hofflund, npd, 
  • 41457, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22-3H, Green Lake, 
DateOil RunsMCF Sold
12-2025201617297
11-20251973810285
10-2025173949698
9-20251983012537
8-202541302532
  • 41455, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22-5H, Green Lake, 
DateOil RunsMCF Sold
12-2025194266511
11-20252416512673
10-20252152211824
9-20252750816869
8-202560973341
  • 41323, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22 4H, Green Lake, 
DateOil RunsMCF Sold
12-2025178426000
11-20252394113351
10-20252118512113
9-20252853418161
8-202545892798
  • 41370, conf, Hess, EN-Hanson A-155-94-0607H-7, Manitou, 
DateOil RunsMCF Sold
12-20251557832891
11-20251830642573
10-20251932933247
9-20252348529941
8-2025121406907
  • 41241, conf, Hunt, Clearwater 157-90-13-12H-2, Manitou, 
DateOil RunsMCF Sold
12-20251557832891
11-20251830642573
10-20251932933247
9-20252348529941
8-2025121406907
  • 41153, conf, Oasis, Sedge Federal 5202 24-17 5B, Glass Bluff, 
DateOil RunsMCF Sold
12-20252018416188
11-20252356017086
10-20251994714473
9-20252018112974
8-202568404733
  • 41152, conf, Oasis, Sedge Federal 5202 24-17 4B, Glass Bluff, 
ateOil RunsMCF Sold
12-20252124316653
11-20252347916430
10-20251942813180
9-20251978512323
8-202568514330

  • 41876, conf, State 159-92-36C-24-1H, Cottonwood, npd, 
  • 41818, conf, BR, Rolla 6D, Elidah, npd, 
  • 41499, conf, Enerplus, MHA Phoeix 4894 41-34 2BU, McGregory Buttes, 
DateOil RunsMCF Sold
12-20251470411647
11-20252144119040
10-20252823424325
9-20253493429802
8-20252233618075
  • 41498, conf, Enerplus, MHA Helena 4894 41-34 1BU, McGregory Buttes, 
DateOil RunsMCF Sold
12-20251901316903
11-20252828830763
10-20253361229849
9-20252155918150
8-20251709814056
  • 41459, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22 1H, Green Lake, 
DateOil RunsMCF Sold
12-2025265369592
11-20252669815199
10-20252338112633
9-20252800316605
8-202565823745
  • 41458, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22-2H, Green Lake, 
DateOil RunsMCF Sold
12-2025221558848
11-20252111412601
10-2025172439497
9-2025157509946
8-202552412896
  • 41371, conf, Hess, EN-Hanson A-155-94-0607H-8, Manitou, 
DateOil RunsMCF Sold
12-2025889216314
11-20251095817978
10-20251259520876
9-20251688018575
8-202578313688
  • 40807, conf, Hess, BW-Hagen-149-100-1522H-5, Ellsworth, 
DateOil RunsMCF Sold
12-20251929131420
11-20251977223846
10-20251242315316
9-20252802844778
8-20251125718638
  • 41960, conf, Kraken, Charity 3-19-15 1H, Boxcar Butte, npd, 
  • 41500, conf, Enerplus, MHA Memphis 4894 41-34 3BU, McGregory Buttes, 
DateOil RunsMCF Sold
12-20252082415914
11-20252417522130
10-20253069627931
9-20252934824522
8-20251455011624
  • 41962, conf, Kraken, Charity 3-10-15 3H, Boxcar Butte, npd, 
  • 41961, conf, Kraken, Charity 3-10-15 2H, Boxcar Butte, npd, 
  • 41878, conf, Petro-Hunt, State 159-92-36D-24-3H, Cottonwood, npd, 
  • 41963, conf, Kraken, Charity 3-10-15 4H, Boxcar Butte, npd, 
  • 41333, conf, Hess, BW-Stoveland-LE-149-100-1003H-1, Ellsworth, 
DateOil RunsMCF Sold
12-20251041325995
11-20251698031170
10-20252098429377
9-20252893147503
8-20251843127511
  • 41816, conf, BR, Rolla 6C, Elidah, npd, 
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Wells Coming Off Confidential List This Next Week -- February 15, 2026

Locator: 49976B.

The wells:

Wednesday, February 25, 2026: 62 for the month, 110 for the quarter, 110 for the year,
41672, conf, Phoenix Operating, Gopher 33-34-35 5H
41671, conf, Phoenix Operating, Gopher 33-34-35 4H, 
41670, conf, Phoenix Operating, Gopher 33-34-35 2H, 
41669, conf, Phoenix Operating, Gopher 33-34-35 1H, 
41571, conf, Phoenix Operating, Gopher 33-34-35 3H, 
41419, conf, Hess, BL-Odegaard-156-95-1621H-10, 
41418, conf, Hess, BL-Odegaard-LW-156-95-1621H-1, 
41417, conf, Hess, BL-Kvam-156-95-1720H-3, 
40966, conf, XTO, HBU Sakakawea Federal 13X-35A, 
40965, conf, XTO, HBU Sakakawea Federal 13X-35G, 

Tuesday, February 24, 2026: 52 for the month, 100 for the quarter, 100 for the year, 
41819, conf, BR, Rolla 6E, 
41332, conf, Hess, BW-Hagen-149-100-1522H-4,
41047, conf, Hess, BL-Kvam-156-95-1720H-2, 
40967, conf, XTO, HBU Sakakawea Federal 13X-35EXH, 

Monday, February 23, 2026: 48 for the month, 96 for the quarter, 96 for the year,
None.

Sunday, February 22, 2026: 43 for the month, 96 for the quarter, 96 for the year,
41457, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22-3H, 
41455, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22-5H, 
41323, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22 4H, 

Saturday, February 21, 2026: 40 for the month, 93 for the quarter, 93 for the year,
41370, conf, Hess, EN-Hanson A-155-94-0607H-7, 

Friday, February 20, 2026: 39 for the month, 92 for the quarter, 92 for the year,
41241, conf, Hunt, Clearwater 157-90-13-12H-2, 
41153, conf, Oasis, Sedge Federal 5202 24-17 5B, 
41152, conf, Oasis, Sedge Federal 5202 24-17 4B, 

Thursday, February 19, 2026: 36 for the month, 89 for the quarter, 89 for the year, 
41876, conf, State 159-92-36C-24-1H, 
41818, conf, BR, Rolla 6D, 
41499, conf, Enerplus, MHA Phoenix 4894 41-34 2BU,
41498, conf, Enerplus, MHA Helena 4894 41-34 1BU, 
41459, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22 1H ,
41458, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22-2H, 
41371, conf, Hess, EN-Hanson A-155-94-0607H-8,
40807, conf, Hess, BW-Hagen-149-100-1522H-5, 

Wednesday, February 18, 2026: 28 for the month, 81 for the quarter, 81 for the year,
41960, conf, Kraken, Charity 3-19-15 1H, 
41500, conf, Enerplus, MHA Memphis 4894 41-34 3BU,

Tuesday, February 17, 2026: 26 for the month, 79 for the quarter, 79 for the year,
41962, conf, Kraken, Charity 3-10-15 3H
41961, conf, Kraken, Charity 3-10-15 2H, 
41878, conf, Petro-Hunt, State 159-92-36D-24-3H, 

Monday, February 16, 2026: 23 for the month, 76 for the quarter, 76 for the year,
41963, conf, Kraken, Charity 3-10-15 4H, 

Sunday, February 15, 2026: 22 for the month, 75 for the quarter, 75 for the year,
41333, conf, Hess, BW-Stoveland-LE-149-100-1003H-1, 

Saturday, February 14, 2026: 21 for the month, 74 for the quarter, 74 for the year,
41816, conf, BR, Rolla 6C, 

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Cheniere To Significantly Increase Production At Its Corpus Christi, TX, Facility --

Locator: 49926TEXASLNGEXPORTTERMINAL.

I remember vividly the day I posted about the number of LNG export terminals planned along the US Gulf Coast -- many years ago. A reader reminded me that just because the terminals were planned did not mean they would built.

It's been comments like that, over the years, that have made my desire to keep posting the blog. The blog will continue -- the question is whether to keep posting. Whatever. Back to the subject at hand.

Cheniere Energy (LNG) announced in February, 2026, that it has filed an application with FERC to construct a new LNG plant in Texas. The project will expand LNG production capacity. Well, duh.

  • location: Corpus Christi, Texas
  • project: the "Stage 4" expansion of its existing terminal at that location
  • will add four new liquefaction trains, two storage tanks, and a 26-mile pipeline
  • capacity: will add a million tones per annum (MTPA) 


Update: the FID for Cheniere's "Stage 3" expansion announced in 2025; construction on that project was scheduled to last through 2030; budgeted at $8 billion. That project would only add two Midscale Trains 8 and 9. 

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My Favorite Chart -- MMFs -- February 7, 2026

Locator: 49927MMFs.

Tag: money market funds MMF MMFs 

Link here. A huge amount of money was moved into MMFs when the market crashed on February 5, 2026 -- only to surge the next day with the Dow going over 50,000 for the first time ever. 


For my, my parameters:

  • unremarkable: +/- $25,000 -- increase / decrease by $25,000 uremarkable
  • take notice: +/- $25,000 to $75,000 increase / decrease
  • perhaps a stand-alone blg: +/- $100000 or more, increase or decrease

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Schwab The Company

For the past few weeks, Schwab has been in the news as doing particularly well. It's share price has gone up significantly.

One would assume this means that more money is being funneled toward Schwab accounts, for whatever reason, and assuming most folks are fairly "steady" with their deposits, one of two things or both is / are happening.

The market is doing vecry well and perhaps it's simply an appreciation the assets that are already under management by Schwab. On the other hand, the growth in cash /MMFs under management has grown significanly more (see below) suggesting that Schwab is attracting more clients. 

Look at this, Schwabs assets in management in their MMFs (link here): 

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US Crude Oil Production And Growth -- Despite Fewer Rigs; Operators Choking Back Existing Wells -- February 7, 2026

Locator: 49929CRUDEOIL.

Link here. 

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"We Need More Mac Minis" -- It's Better To Be Lucky Than Smart -- My Dad -- February 7, 2026

Locator: 49931AAPL.

Tag Apple. 

Link here. 

At the link, play the video.

The chips already come connected and don't need more memory.


 

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Again, Texas Vs New York -- February 7, 2026

Locator: 49928TEXAS.

Factoid: Texas is now on track to displace Virginia as the “large data center capital of the United States” -- that's now accepted reality.  

NIMBY: recently a number of articles have appeared about states suggesting dialing back on siting large data centers in their states for any number of reasons, but generally having to do with the grid even though the companies promoting these new sites are suggesting they will provide for their own electricity and won't affect the grid. New York, specifically:

New York state lawmakers have introduced legislation in February 2026 that would impose a three-year moratorium on the construction of new, large-scale data centers to study their impact on the environment and electricity costs. This move is part of a broader, growing trend across the United States where states are reconsidering the rapid expansion of AI-driven data centers due to concerns about energy grid strain, water usage, and rising consumer utility bills.

Now this: link here. 

In a revolution, and in this particular AI revolution -- the fourth industrial revolution -- events move quickly, and putting a moratorium on new data centers for three years seems a bit hasty, to say the least.

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iPad Demand Surges -- Apple Strengthens Its Grip On The Tablet Market -- February 8, 2026

Locator: 49934APPLE.

Tag: AAPL iPad 

Originally posted over at MacRumors, February 5, 2026. Link here. 

These numbers are amazing, and y/y growth is incredible. Much more at the link. 

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