Thirty-Five Active Rigs; Fifteen Permits Renewed; One Permit Canceled; No New Permits -- WTI Near $80; Nabors B05 Drilling The Milton Flemmer -- January 6, 2022

We have the answer. See this post for background.  See also this post. And this one. Also here. Summit Carbon Solutions here.

• 38594, conf, Summit Carbon Solutions, LLC, Milton Flemmer 1, NWNE 35-141-88; Mercer County; no scout ticket; NDIC doesn't have the scout ticket on this well;

Active rigs:

$79.58	1/6/2022	01/06/2021	01/06/2020	01/06/2019	01/06/2018
Active Rigs	34	11	56	63	54

No new permits.

Fifteen permits renewed:

• BR (6): four Stafford permits; a Manchester permit, and a Mary Swanson permit, all in McKenzie County;
• MRO (5): a Storedale, a Mathia, a Coan, a State Willard and a State Loland permit, all in Dunn County;
• Oasis (4): three Foley Federal permits and one Achilles permit, all in McKenzie County;

One permit canceled:

• 37422, Slawson, Tempest Federal 4014H, Mountrail County;

Two producing wells (DUCs) reported as completed:

• 37882, 50, CPEUSC Burgess 4-14-23-158N-100W-MBH,Winner, no production data,
  
• 37363, 1,685, Kraken, Hokanson 1-12 2H, Lone Tree Lake, no production data,
  

Devon Dividend History

Link here.  

Shale

Corporate presentations: GS Energy Conference presentations. 

Hess: announces a "meaningful" dividend growth this year (2022) as it start to prioritize returning capital to shareholders over business investments. January 6, 2022. 

PXD: dividend now running at 11% annual return. January 6, 2022. Looks like 9x growth in 2022, corporate presentation, slide 6.

EOG: dividend history. Link here. January 6, 2022.

DVN: dividend history. Link here. January 6, 2022.

DWAC: Up 9 Points Today; Trading At $59 -- January 6, 2022

Another one I missed. LOL. Up 20%. Today. On the one-year anniversary.

Oil:

• 2019: I was too heavily invested in oil and pipelines.
• 2022: I am way too under-invested in oil and pipelines.
• I should have added more. LOL. 
  

Energy Dependent --> Energy Independent --> Energy Dominant -- January 6, 2022

Updates

July 1, 2022: US recoverable oil increases as global recoverable oil decreases. 

Original Post 

I get a kick out of pundits back to arguing whether the US is energy-independent or energy-dependent.

That train has left the station. 

The US is now energy dominant. 

I was not the first to say that -- others are starting to say that -- but that view is corroborated by the graphic at this link. 

Holy mackerel. When I went to tag this, I had forgotten I already had the tag: "US_Energy_Dominance." 

The first post with that tag was posted December 10, 2019.

One might want to google US energy dominance, putting it in quotes. You might be surprised at the first hit on google.

But look at this. From Bloomberg, only one month ago, "US to become 'Energy Dominant' on global price jump, Bank of America" -- December 1, 2021. 

From Summer, 2020, edition of International Economy, Today: Dominance Denied. How America's pursuit of energy domination destroyed the oil industry. 

Perhaps better said: how America's pursuit of energy domination destroyed Big Oil allowing Small Oil to takeover.