Tuesday, November 12, 2019

Nominee For 2019 Geico Rock Award: IEA -- November 12, 2019

Nominee for Geico Rock Award, 2019, IEA, for noting that US shale will "squeeze" OPEC influence.

From twitter today:


List of current nominees for the 2019 Geico Rock Award are at this post.

Americans Not Buying EVs Due To Lack Of Choice -- Analyst Says With Straight Face -- November 12, 2019

I would not have bothered posting this story except for one line in the story.

This is the link to the story over at oilprice: "Americans aren't buying into 'the EV hype'."

This was the line that caught my eye:
Sales of electric vehicles (EVs), hybrid vehicles, and fuel cell vehicles in the United States slumped in Q3 much more than the slight decline in the overall passenger car market, due to a lack of choice on the U.S. greener car market.
Due to a lack of choice? My goodness,  how many choices does one need? It took two screenshots to get the entire list:


Thirteen Enerplus Wells Moved to "Producing Or Plugged" Status -- Still On Confidential List -- November 12, 2019

The following Enerplus wells, still confidential, are now on the "plugged or producing" list. In the Bakken, that generally means, "producing." The wells will start coming off the confidential list in December, and the last wells to come off the confidential list will be in March.

These are all Enerplus wells.

The "Greek gods" pad:
  • 34837, Homer,
  • 34839, Apollo,
  • 34940, Zeus,
  • 34841, Athena,
  • 34842, Metis,
  • 34843, Boreas,
The "tortoise" pad:
  • 35062, Leatherback,
  • 35063, Tortoise,
  • 35064, Hawksbill,
  • 35065, Map,
  • 35066, Painted,
  • 35067, Box, 
  • 35068, Terrapin,
This page will not be updated. The wells are tracked elsewhere.

Several Years Ago, Spain Was The Poster Child For Wind Energy Success -- Now, Not So Much -- Cold Weather, Low Wind -- November 12, 2019


From S&P Global Platts: highlights --
  • natural gas demand jumps to 32 million cubic meters on Monday, up 83% from first ten days in November, 2019
  • cold weather, Almaraz I offline (nuclear power plant), low wind are main drivers
  • LNG regasification volumes soar to 67 million cubic meters Monday, highest since late September, 2019
  • French natural gas flows flipped again with Spain importing over 4 million cu m Monday.
  • weather is set to get much colder with temperatures dropping 5 C below the average early week 47
  • quite cold until the end of November and probably rainy
From the "net": typically 5,800 cubic feet of natural gas are equivalent to one boe. 6,000 cubic feet = 170 cubic meters. If so, then: about 200,000 boe / 24 hours in November in Spain.

Spain, natural gas consumption, historical, through 2017 (note trend since 2014): link here. Also, here.

Spain's natural gas demand will rise 2% annually until 2023.

Greta's Chart Of The Day -- November 12, 2019

Link here.