Locator: 44894LEGO.
Became available yesterday.
Friday, June 9, 2023
Week 23: June 5, 2023 -- June 11, 2023
Locator: 44893B.
Top story:
- Former President criminally indicted; first in history.
Top international non-energy story:
- Russian-Ukraine war continues.
- Critical dam hit.
Top international energy story:
- Saudi frustrated with price of oil. Says US could pay "huge price."
Top national non-energy story:
- "Movement": continues to target Bud, Target;
- Walmart, Chick-fil-A appear "safe”
- Investing: officially a bull market now
- Generative AI all the rage
- One step closer to universal EV charger; huge disruptor
- Tesla, Ford, GM partner
Top national energy story:
- WTI holds at $70
Top North Dakota non-energy story:
Top North Dakota energy story:
Geoff Simon's top North Dakota energy stories:
Bakken economy:
Commentary:
Back To The Bakken -- Daily Report And Dashboards -- Most Comprehensive Free Bakken Blog Still On The Net -- June 9, 2023
Locator: 44892B.
EIA dashboards:
- EIA pdf, Bakken: https://www.eia.gov/petroleum/drilling/pdf/bakken.pdf
- EIA, pdf, Permian: https://www.eia.gov/petroleum/drilling/pdf/permian.pdf
- EIA, pdf, Eagle Ford: https://www.eia.gov/petroleum/drilling/pdf/eagleford.pdf
For the third consecutive month, only the Bakken has "up" arrows and the arrows are "up" for both oil and natural gas. Compare the average Bakken well (oil and gas) with the average Permian well. For oil, 1,700 vs 1,000 and for natural gas, 2,500 vs 2,000.
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The NDIC Daily Report
Active rigs: 38.
WTI: $70.17.
Natural gas: $2.254.
Five new permits, #39964 - #39968, inclusive:
- Operator: Petroshale
- Field: Antelope (McKenzie)
- Comments:
- PetroShale has permits for five Primus wells, NWNW 17-152-94,
- to be sited 185 FNL and between 490 FWL and 610 FWL.
Seven permits renewed:
- BR (5): Muri and Sanmuri, Elidah, McKenzie;
- Hess (2): RS-State, Parshall, Mountrail
One producing well completed:
- 38797, 1,015, MRO, Skinner 21-28TFH,
CHIPS, Chips, TSM, Samsung, And Texas — June 9, 2023
Locator: 44891CHIPS.
This is definitely a must-read for those following this industry.
From the linked article:
Samsung is building a $17 billion chip fabrication plant, or fab, in Taylor, Texas, where it’s promised to start the first U.S. production of advanced chips next year.
In February, applications opened for companies like Samsung to get their cut of the $52.7 billion CHIPS and Science Act, passed by lawmakers last year with the aim of bringing chip manufacturing to the U.S. after 30 years of market share losses to Asia.
Taylor, Texas: 29 miles northeast of Austin, TX, with about the same size population as Jamestown, ND.
Again, the Biden CHIPS Act MAGA.
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