The Oasis Peregrine Well On The South Side Of Williston Has Just Gone Over 500K Bbls Crude Oil — March 25, 2021

The well on the south side of the tracks on the south side of Williston just went off 500K bbls crude oil:

• 33130, 1,220, Oasis, Peregrine 5401 42-24H, Todd, t10/17; cum 528K 1/21;

The BR Guadalupe Well In Charlson Oil Field Has Been Updated -- March 25, 2021

Production for a very interesting well has been updated, the well:

• 17799, 457, BR, Guadalupe 11-23H, Charlson, t3/09; cum 732K 1/21;

Full production profile here.

Notes From All Over -- Early Evening Edition -- March 25, 2021

Warren Buffett wants to beat Biden to the infrastructure buildout!

Link here. Data points:

• Warren Buffett-owned company wants to add 10 gigawatts of gas;
• customers would pay for plants; Berkshire would get return (sort of like how the NFL owners do it: have the local community pay for the new arena and then reap the rewards)
• $8.3 billion plan
• building a lot of new natural gas plants

This simply reminds us again how big the fracking revolution is.

Over at social media: faux environmentalists are really faux-upset. Another said, "The green academic crowd (that have never had a real job in energy) always tell us that wind / solar are cheaper. I wonder what Buffett is seeing they don't. 

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Jobless Claims

"Damn The Torpedoes, Full Speed Ahead" -- CLR With Seven New Permits -- March 25, 2021

Seven new permits, #38218 - #38224, inclusive --

• Operator: CLR
• Field: Baker (Williams County)
• Comments:
• CLR has permits for seven Plano FIU wells, located in SENW/NENW 28-154-101;
• sited between 1349' and 1131' FNL and between 2348' and 2448' FWL;

The wells:

• 38218, conf, CLR, Plano FIU 5-28H, Baker,
  
• 38219, conf, CLR, Plano FIU 4-28H, Baker,
• 38220, conf, CLR, Plano FIU 3-28H, Baker,
• 38221, conf, CLR, Plano FIU 2-28HSL, Baker,
• 38222, conf, CLR, Plano FIU 6-28H, Baker,
• 38223, conf, CLR, Plano FIU 7-28H, Baker,
• 38224, conf, CLR, Plano FIU 8-28HSL, Baker, 

The original Plano well holding the lease by production:

• 21933, 636, CLR, Plano 1-28H, Todd (scout ticket, but it's in the Baker oil field), t3/12; cum 284K 1/21;

All Three Indices Set New Records? Not Sure If I Heard That Correctly But I Think That's Correct; CLR With Seven New Permits -- March25, 2021

Apple, link here.

Apple bought the most artificial intelligence companies from 2016 to 2020. 

From the linked article:

Over the course of the last several years, Apple has bought companies like Emotient, Turi, Glimpse, RealFace, Shazam, SensoMotoric, Silk Labs, Drive.ai, Laserlike, SpectralEdge, Voysis, XNOR.ai, and more, all with the aim of improving the AI and machine learning capabilities of its products and services.

Rigs matter OR shale operators can't hold back: after promising to focus on free cash flow, and not increase production, it looks like drillers can't hold back. At least not in the Permian. From twitter this afternoon:

US oil, rig count jumps 11 to 513, as

Permian keeps adding!

Kinda makes one wonder about the IEEFA story on free cash flow.  

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Back to the Bakken

Active rigs:

$58.51	3/25/2021	03/25/2020	03/25/2019	03/25/2018	03/25/2017
Active Rigs	14	50	68	60	49

Seven new permits, #38218 - #38224, inclusive --

• Operator: CLR
• Field: Baker (Williams County)
• Comments:
• CLR has permits for seven Plano FIU wells, located in SENW/NENW28-154-101;
• sited between 1349' and 1131' FNL and between 2348' and 2448' FWL;

Two oil and gas permits renewed:

• Enerplus: one Morgan permit in Dunn County;
• Liberty Resources: one McGinnity permit in Williams County;