Locator: 51431B.
CEO of drones: from TWSJ today -- hopefully Hegseth is watching --
New Dems: eliminate ICE, defund the police, and shut-down the US Senate -- mainstream Dems not so sure.
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Back to the Bakken
WTI: $81.95. President Trump considering declaring the Strait of Hormuz an American territory and the price of WTI drops.
New wells reporting:
- Tuesday, August 18, 2026: 35 for the month, 76 for the quarter, 420 for the year,
- 41973, conf, Devon, Thunderbolt 10-12 4H,
- Monday, August 17, 2026: 34 for the month, 75 for the quarter, 419 for the year,
- 42142, conf, Slawson, Shad Rap Federal 6-2-3H,
- Sunday, August 16, 2026: 33 for the month, 74 for the quarter, 418 for the year,
- 42141, conf, Slawson, Shad Rap Federal 5-2 3H,
- 41356, conf, Whiting, Gullikson Federal 5203 42-31 2B,
- 41134, conf, Zavanna, Rennerfeldt 13-31 6H XE,
- 21005, conf, Devon, Borsheim Trust 33-28 1H,
- Saturday, August 15, 2026: 29 for the month, 70 for the quarter, 414 for the year,
- 42140, conf, Slawson, Shad Rap Federal 2-2-3H,
RBN Energy: a look at west coast LPG exports growth to date, as Asia waits for more. Link here. Archived.
AltaGas recently announced a delay to the planned startup of its 56-Mb/d Ridley Island Energy Export Facility (REEF) on the northwestern coast of British Columbia (BC) from late 2026 to March 2027. The delay means East Asian buyers of liquefied petroleum gases (LPGs; propane and butane) won’t have the benefit of increased fuel supplies from one of their nearest potential sources for the upcoming winter, so they may soon discover that, as Tom Petty once sang, “The Waiting is the Hardest Part.” Phase I of REEF is expected to be the first of several planned projects to add LPG export capacity on the BC coast over the next several years, which could result in a more than doubling of Western Canadian LPG exports to Asia. In today’s RBN blog, the first in a short series, we’ll review the three existing LPG marine export terminals on North America’s west coast and how their growth has impacted other markets for Western Canadian LPGs.
We’ll start by looking at the North American west coast’s oldest — and until 2019, its only — marine LPG export terminal, at Ferndale, WA (dark-green diamond in Figure 1 below). Built in the 1970s for seasonal LPG storage to help balance the needs of nearby refineries, the facility’s then-operator Texaco began LPG exports on a regular basis in 1989, after the Environmental Protection Agency (EPA) established limits on the emissions of volatile organic compounds (VOCs) from motor gasoline that reduced the amount of butane that could be blended with gasoline. To satisfy regulatory requirements for the Texaco merger with Chevron in 2001, Texaco’s stake in the Anacortes, WA, refinery was sold, leaving the Ferndale facility’s owner, Chevron, with no nearby refinery in Washington. Chevron sold the Ferndale terminal to Petrogas in 2014.
