WTI Drops to $88 -- Another Manic Monday -- November 9, 2026

Locator: 52124B.
Locator: 52121B.

Tech:

• could NVDA plunge? Down 5% in pre-market trading. 
• could AMD benefit? Up 3.33%; up $15 in pre-market trading.

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Back to the Bakken 

Sunday night, posted at 5:30 p.m. CT.

WTI: $88.05

New wells reporting: 

• 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.
• Monday, November 9, 2026: 31 for the month, 97 for the quarter, 596 for the year, 
• 42891, conf, Zavanna Energy, Boxer 22-3 11H, 
• 41987, conf, Devon Energy, Drovdal 5-8 3H, 
• 41951, conf, Enerplus, MHA Quinoa 4893 31-14 4T, 
• Sunday, November 8, 2026: 28 for the month, 94 for the quarter, 593 for the year, 
• 42460, conf, Phoenix Operating, Haefele 34-35-36 3HF, 
• 42274, conf, Phoenix Operating, Haefele 34-35-36 5HF, 
• 42273, conf, Phoenix Operating, Haefele 34-35-36 4HF, 
• 42272, conf, Phoenix Operating, Haefele 34-35-36 2HF, 
• 42271, conf, Phoenix Operating, Haefele 34-35-36 1H, 
• 42073, conf, Hess, BW-JLP-149-101-2321H-4, 
• Saturday, November 7, 2026: 22 for the month, 88 for the quarter, 587 for the year, 
• 42443, conf, Phoenix Operating, Adrian 27-26-25 6HF-LL
• 42279, conf, Phoenix Operating, Adrian 27-26-25 5HF, 
• 42278, conf, Phoenix Operating, Adrian 27-26-25 4HF,
• 42277, conf, Phoenix Operating, Adrian 27-26-25 3HF, 
• 42276, conf, Phoenix Operating, Adrian 27-26-25 2HF,
• 42275, conf, Phoenix Operating, Adrian 27-26-25 1HF-LL
• 42171, conf, Devon Energy, Trans Am 3-2-1 3H, 
• 42156, conf, Devon Energy, Trans Am 3-2-1 4H, 
• 42155, conf, Devon Energy, Trans Am 3-2-1 2H, 
• 42146, conf, Enerplus, MHA Stickleback 4893 31-14 6B, 
• 42145, conf, Enerplus, MHA Rainbow 4893 31-14 5B, 
• 42144, conf, Enerplus, MHA Paddlefish 4893 31-14 4T,
• 42143, conf, Enerplus, MHA Perch 4893 31-14 3B, 
• 42072, conf, Hess, BW-JLP-149-101-2321H-3, 
• 41954, conf, Enerplus, MHA Sunflowers 4893 31-14 7B,
• 41953, conf, Enerplus, MHA Alfalfa 4893 31-14 6B,
• 41952, conf, Enerplus, MHA Tomatillo 4893 31-14 5B,
• 41950, conf, Enerplus, MHA Eggplant 4893 31-14 3B.

BW-JLP: 

See maps:

RBN Energy: what to expect in the New England and New York natural gas markets this winter. Link here. Archived.

If you buy, sell or burn natural gas in New England and Greater New York City, you already know the routine. A stretch of mild weather and boring prices, then a cold snap. The pipelines fill, cash prices go parabolic, power plants switch to oil and everyone points fingers at who’s to blame. In today’s RBN blog, we take a macro look at the push and pull shaping the New England and New York gas markets: two very different loads — heating and power — competing for constrained pipeline capacity, and the projects that might help.

On January 27, 2026, in the grip of Winter Storm Fern (right-hand arrow in Figure 1 below), Algonquin Citygate (blue line), the New England natural gas benchmark, reached $122.58/MMBtu and, about 200 miles to the south, Transco Zone 6 New York (green line) hit $142.72/MMBtu. Those are stupendously high prices, especially in a region that sits a few hundred miles from the lowest-cost gas basin in North America. During a 19-day cold spell from January 23 through February 10, heating customers took priority on the pipelines, so oil-fired generation in New England briefly surpassed gas-fired generation, and ISO New England’s wholesale electricity-market transactions for December through February totaled about $6 billion, the highest winter total since the markets began in 2003.