Education. -- February 10, 2026

Locator: 49950EDUCATION.  

Link here.

Read the entire thread. 

 In the thread, folks taking issue with the article are missing the point. 

From AI in response to a query:

Random Update Of Some Monster Red River Wells In Southwest North Dakota -- Still Active -- February 10, 2026

Locator: 49948REDRIVER.   

Red River (includes Red River, North Red River, South Red River)

• 5209, 281, Luff Exploration, Dronene 33-20, Amor field, Red River, t11/72; cum 1.273020 million bbls 12/23; 700 bbls/month -- fairly good for such an old well; cum 1.287288 million bbls 12/25; still active after 54 years;
• ****5227, 624, Luff Exploration, Greni 33-26, State Line, t11/72; cum 1.381895 million bbls 11/23; still producing 1,000 bbls / month; cum 1.403163 million bbls 12/25; still active after 54 years;
• 15659, 301, Denbury/BR, CHSU 11D-33SH 15, t2/05; Cedar Hills field, cum 1.011060 million bbls 7/25; still producing 2,000 bbls/month; cum 1.017606 million bbls 12/25; still active.
• 15828, 673, Denbury Onshore, CHSU 13C-11SH 16, Cedar Hills, t12/05; cum 958K 1/20; cum 1.041012 million bbls 7/25; just went over 1 million bbls cumulative; now, 1.045628 million bbls 12/25; still producing 1100 bbls/ month;
• 15847, 342, Denbury Onshore, CHSU 24C-14NH 16, South Red River B, t9/05; cum 910K 1/20; cum 954K 5/22; trending toward 1 million bbls cumulative, 12/25;
• 15907, 752, Denbury Onshore, CHSU 33C-10SH 16, Cedar Hills, South Red River B, t2/06; cum 1.2966 million bbls 1/20; still producing 1,700 bbls/month; cum 1.34 million bbls 5/22; still producing 500 bbls monthly 12/25;
• 15939, 773, Denbury Onshore, CHSU 13C-10SH 16, Cedar Hills, t3/06; cum 927K 3/21; cum 943K 5/22; trending toward 1 million bbls cumulative, 12/25;
• 15940, 483, Denbury Onshore, CHSU 13C-10NH 16, Cedar Hills t4/06; cum 659K 1/20; cum 686K 5/22;
  
• 16008, 329, Denbury Onshore, CHSU 42C034NH 26, s2/06; Cedar Hills field, cum 986K 1/20; cum 1.027 million bbls 5/22;
• 16120, 383, Denbury Onshore, CHSU 13C-29SH 26, Cedar Hills, South Red River B, t6/06; cum 665K 1/20; cum 695K 5/22;
• 16122, 155, Denbury Onshore, CHUS 22C-5SH 16, Cedar Hills,  South Red River B, t6/06; cum 774K 1/20; cum 813K 5/22;
  
• 16123, 349, Denbury Onshore/BR, CHSU 22D-5NH 16, t6/06; Cedar Hills, cum 1.036929 million bbls 1/20; see this note; cum 1.075 million bbls 5/22;
  
• 16125, 199, Denbury Onshore, CHSU 11B-29SH 26, Cedar Hills, South Red River B, t8/06; cum 582K 1/20; cum 605K 5/22;
  
• 16126, 605, Denbury Onshore, CHUS 33C-5SH 15, Cedar Hills, South Red River B, t8/06; cum 853K 1/20; cum 885K 5/22;
  
• 16127, 362, Denbury Onshore, CHSU 33C-5NH 15, Cedar Hills, South Red River B, t8/06; cum 790K 1/20; cum 822K 5/22;
  
• 16149, 410, Denbury Onshore, CHUS 44D-29NH 26, Cedar Hills, South Red River B, t5/06; cum 629K 1/20; cum 648K 5/22;
  
• 16150, 316, Denbury Onshore, CHUS 44C-29SH 26, Cedar Hills, South Red River B, t5/06; cum 803K 1/20; cum 830K 5/22;
  
• 16151, 551, Denbury Onshore, CHUS 24C-29NH 26, Cedar Hills, South Red River B, t8/06; cum 670K 1/20; cum 703K 5/22;
  
• 16152, 37, Denbury Onshore, CHUS 24C-29SH 26, Cedar Hills, South Red River B, t8/06; cum 630K 1/20; cum 661K 5/22;
  
• 16155, 120, Denbury Onshore, CHUS 41D-32NH 26, Cedar Hills, South Red River B, t7/06; cum 684K 1/20; cum 713K 5/22;
  
• 16156, 231, Denbury Onshore, CHUS 41D-32SH 26, Cedar Hills, South Red River B, t5/06; cum 548K 1/20; cum 570K 5/22;
  
• 16242, 405, Denbury Onshore/BR, CHSU 11C-5NH 05, t8/06; Cedar Hills, cum 1.012623 million bbls 1/20; ccum 1.04 million bbls 5/22;
  
• 16916, 385, CLR, JWT 11-34SH, Cedar Hills, North Red River B, t4/08; cum  564K 1/20; still producing 5,000 bbls of oil per month; no decline whatsoever; cum 585K 5/22;
  
• 16699, 277, CLR, Jones 11-33NH, Cedar Hills, North Red River B, t11/07; cum 555K 1/20; cum 597K 5/22;
  
• 16820, 382, CLR, Evelyn 31-25NH, Cedar Hills, North Red River B, t5/08; cum 486K 1/20; cum 543K 5/22;
  
• 16821, 283, CLR, Sharon 44-28SH, Cedar Hills, t2/08; cum 582K 1/20; cum 657K 5/22; cum 674K 2/23;
• Several incredible CLR Red River wells in Medicine Pole Hills, southwest corner of the state; 

Tuesday, February 10, 2026

Locator: 49946B. 

Mega-transmission projects in the Bakken: 

Where is Tande, North Dakota?

 

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Back to the Bakken 

WTI: $64.34.

New wells reporting (bleak):

• Thursday, February 12, 2026: 19 for the month, 72 for the quarter, 72 for the year, 
• None.
• Wednesday, February 11, 2026: 19 for the month, 72 for the quarter, 72 for the year,
• 41240, conf, Hunt, Clearwater 157-90-13-12H-2, 
• 41239, conf, Hunt, Clearwater 157-90-13-12H-1, 
• 41005, conf, Hunt, Palermo 156-90-2-31H-2, 
• Tuesday, February 10, 2026: 16 for the month, 69 for the quarter, 69 for the year,
• None.

RBN Energy: the pipelines, tankers and trunks that move refined products to the lower half of PADD 1. Archived.

There’s a staggeringly large disconnect between the vast volumes of gasoline, diesel and jet fuel consumed within the six states in EIA’s PADD 1C subregion — Florida, Georgia, South Carolina, North Carolina, Virginia and West Virginia — and the truly paltry amounts of transportation fuels produced there. That dichotomy spurred a multi-decade buildout of what are now highly efficient pipeline, marine and trucking networks that now deliver about 1.3 MMb/d of refined products to what EIA refers to as the “Lower Atlantic” states. In today’s RBN blog, we’ll discuss these networks and explain how they keep the region running.

The half-dozen states in PADD 1C have a combined population of more than 60 million and a GDP of more than $4 trillion. That puts the Lower Atlantic region on par with the U.K. or France or Italy — in other words, a real economic powerhouse. But PADD 1C has only one small refinery within its borders, a 23-Mb/d facility at the northern tip of West Virginia’s panhandle that focuses on lubricant production and markets virtually all of its modest gasoline and diesel output very locally. That’s a roundabout way of saying that the region needs to pipe, truck, tanker or barge in more than 99.9% of the gasoline and diesel it consumes, as well as literally every drop of jet fuel. (Ergon Refining’s Newell, WV, refinery doesn't typically make any “jet,” as the refined, kerosene-based fuel is commonly referred to.)

As we said in the introduction, the volumes that need to be hauled in are significant. Florida is the #3 consumer of gasoline in the U.S., behind only California and Texas, and Georgia (#5), North Carolina (#6) and Virginia (#11) aren’t far behind. It’s a similar story for diesel, with Florida trailing only Texas and California (in that order), and as for jet fuel, Florida — a top tourist destination with a slew of busy airports — is #2, bested only by California. (Ironically, as you’ll see, Florida is the only state in PADD 1C that depends almost entirely on barged-in and trucked-in volumes of refined products — its portfolio of pipelines is very limited.)

The vast majority of the refined products consumed in the Lower Atlantic states are produced at refineries in Texas and Louisiana and piped through the spine of PADD 1C through two pipeline systems: the Colonial Pipeline and the Products (SE) Pipeline, the latter of which used to be called the Plantation Pipeline. (Note: The latest edition of our Future of Fuels report, coming out in just a few days, provides a detailed forecast for how PADD-to-PADD movements are expected to change on an annualized basis out to 2050.)

The 2.5-MMb/d Colonial Pipeline, which started operating in 1963, is a roughly 5,500-mile system whose main route (dark-blue line in Figure 1 below) runs from Houston to Linden, NJ, and has several spurs or laterals (light-blue lines) that pipe fuel to key consumption areas. The main route consists of four distinct pipeline sections: two pipes from Houston to Greensboro, NC, and two pipes from Greensboro north — one that runs to the Baltimore area and another that terminates in northern New Jersey. Since July 2025, Colonial has been owned by Brookfield Infrastructure Partners, which paid previous co-owners KKR, Koch Industries, CDPQ (Quebec’s largest pension fund), Shell Midstream, and IFM Investors $9 billion for the massive asset.

Goodnight, Y'All -- February 9, 2026

Locator: 49945NORWAY. 

Apple Gets Ready To Draw Blood -- February 9, 2026

Locator: 49945APPLE. 

Personal comment: APPL may simply be the best 30-year investment. Period. Dot. 

Apple: an n of one. 

Link here. 

From the linked article:

While competitors face increasing component coats and shrinking demand, Apple’s spring 2026 collection seemingly strikes a far more optimistic note. Apple is broadening its market, while others contract, and right now appears focused on delivering faster, better products at mid-range prices.

The company is on the cusp of introducing new Macs, tablets, and smartphones aimed directly at the market segment its competitors dominate, capitalizing on their woes by applying additional pricing pressure. All these devices will run all the artificial intelligence you want them to run, while remaining resolutely the systems that already lead in any user satisfaction survey you want to name.

What’s coming?

Most of what Apple has planned has already been discussed; those plans include the first iteration of much improved Siri and Apple Intelligence services, supported by the tactical partnership with Google Gemini. 

And also: 

• The iPhone 17e: Replacing the iPhone 16e, the $599 smartphone will carry an A19 chip along with Apple’s own networking and 5G chips. It will boast the same 6.1-in. display and 48 megapixel camera as the current model and will have MagSafe support. Given the positive reception to the base iPhone 17, the budget-friendly model should be popular as it delivers a lot of phone for the price. It’s expected to appear later this month.

•  A new entry-level iPad equipped with the A18 chip — and an M4-powered iPad Air. This brings AI to the entry-level model for the first time; both will be available as an optional 5G-capable device thanks to Apple’s own 5G chip.

• Pro Macs: Apple isn’t just about the mid-range; it’s about to apply pressure at the high-end, too, with new MacBook Pro models equipped with M5 Pro and M5 Max chips. These are expected to instantly bump Apple’s existing M5 MacBook to third place in the processor performance charts, which Apple now dominates in this price range. 

 So much more at the link.

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Disclaimer
Briefly

Briefly: 

I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.

I am inappropriately exuberant about the US economy and the US market.

I am also inappropriately exuberant about all things Apple. 

See disclaimer. This is not an investment site. 

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.

If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.

I am also inappropriately exuberant about all things Apple. 

And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.

I am also inappropriately exuberant about all things Broadcom.

Longer version here.   

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Musical Interlude

Back to black.

Link here.