Rumor Has It That The US House Passed The B-M Debt Ceiling Bill -- May 31, 2023

Locator: 44809BIZARRE.

Now ... unto the US Senate where Lindsey Graham says he will kill the bill. At least that's what the press says he said.

From one news source:

McCarthy, R-Calif., touted the bill’s spending cuts even though it fell short of conservatives’ original aim of slashing spending by roughly $150 billion from this year to the next.

$35 trillion deficit and the GOP is willing to put the US into default over $150 billion. 

Okay. 

I see who the adults in the room are. AMIRITE?

LOL.

Just think if we could just cut spending by $150 billion this year -- what that would mean for all of us.

Activity In Killdeer -- June 1, 2023

Locator: 44808B.  

On the way to looking for something, we came across a very, very active section in Killdeer oil field.

Homesteaders Gap Oil Field

Locator: 44809B.  

See this note.

NDIC has approved new name for Squaw Gap oil field. Now Homesteaders Gap oil field. The Bismarck Tribune today, behind a paywall.

Already updated at wiki.

A point of interest:

A local independent telephone exchange was inaugurated on December 15, 1971, with an NBC broadcast of a first phone call from Squaw Gap to U.S. Secretary of Agriculture Earl Butz in Washington D.C

The community was one of the last to obtain landline telephone service in the continental United States. (Iowa Hill, California lost its service in the 1960s, but regained it in 2010.)

Monthly Utility Bill -- May 31, 2023

Locator: 44807ELEC.  

Our only utility bill, this is it. Only electricity; no natural gas. The company says  it's 100% wind whhich I highly doubt.  We made no attempt to conserve electricity last month.

Monthly utility bill:

No New Permits; MRO Reports Four Completed DUCs -- May 31, 2023

Locator: 44806B.  

Synthetic natural gas plant:

• another Biden-win / Inflation Reduction Act, link here;
• TotalEnergies: one of Europe's biggest oil and gas firms
• a blow to the European Union's ambitions to lead in green energy technologies;
• of course, the MAGA Republicans will give Biden no credit for the IRA
• the synthetic natural gas would be made from "renewable" hydrogen and CO2; it gets tedious;
  
• preliminary only; $2 billion project;
• 100,000 to 200,000 metric tons of e-NG / year
• also reported in The [London] Telegraph;
• if the site for the project was announced, I missed it

Weekly EIA petroleum data will be reported tomorrow: one day "late," due to Memorial Day observance on Monday.

**************************************
Back to the Bakken

Active rigs: 35.

WTI: $68.09.

Natural gas: $2.266.

No new permits.

Four producing wells (DUCs) reported as completed:

• 38793, 1,213, MRO, Rowe 14-21H, Dunn County,
• 38794, 2,803, MRO, Erling 24-21TFH, Dunn County,
• 38795, 4,976, MRO, Ravin 24-21H, Dunn County,
• 38796, 3,416, MRO, Valborg 34-21TFH, Dunn County,