The Million Dollar Way (The Bakken Oil Blog)
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The Million Dollar Way is authored by Bruce Oksol who writes and shares the latest Oil related updates. The blog's sole purpose is to help the author understand Bakken and put it in context with global geopolitical events.
The Million Dollar Way (The Bakken Oil Blog)
4h ago
l
Lynn Helms to retire.
Location not yet disclosed:
McLean County natural gas continues to climb.
DAPL EIS: we may get a ruling by 2100.
Williston: a $36-million facility.
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The Million Dollar Way (The Bakken Oil Blog)
4h ago
Locator: 47112TOPSTORIES.
Top story:
Israel moves into Rafah; doesn't seem to be much coverage (or much interest)
Dow: longest "win" streak so far in 2024 continues
Top international non-energy story:
Top international energy story:
Top national non-energy story:
Top national energy story:
WTI just goes through $80 at end of day.
Focus on fracking: link here.
Top North Dakota non-energy story:
Top North Dakota energy story:
Geoff Simon's quick connects: link here.
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Market
Market at the close:
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The Million Dollar Way (The Bakken Oil Blog)
4h ago
l
Link here.
This is an interesting story.
When thinking EVs, there are three markets to watch:
China
North America (i.e., the US)
Europe
China: I have no idea what's going on over there.
I could say the same thing about Europe and North America but I think I have a better idea of what is going on in Europe and America when it comes to EVs and the charging infrastructure.
I never imagined that a French utility would be bleeding cash with its charging infrastructure at this time in the evolution of the EV rollout.
With all the other headwinds of which I'm aware, add the articl ..read more
The Million Dollar Way (The Bakken Oil Blog)
7h ago
Locator: 47174B.
Link here.
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The Million Dollar Way (The Bakken Oil Blog)
8h ago
Locator: 47173DUCS.
From a reader. Huge thanks.
Bakken
Drilled
Completed
DUC
Dec-13
--
--
603
Jan-14
174
143
634
Feb-14
214
158
690
Mar-14
216
218
688
Apr-14
220
207
701
May-14
216
208
709
Jun-14
237
225
721
Jul-14
257
243
735
Aug-14
229
207
757
Sep-14
250
232
775
Oct-14
186
243
718
Nov-14
209
202
725
Dec-14
224
194
755
Jan-15
198
193
760
Feb-15
230
151
839
Mar-15
183
170
852
Apr-15
143
127
868
May-15
1 ..read more
The Million Dollar Way (The Bakken Oil Blog)
10h ago
Locator: 47172INV.
Link here.
Data:
March, 2024: 1,229,156 bopd, down 2% from February, 2024
February, 2024: 1,252,102 bopd
ND Light Sweet (WTI):
today: $71.75 ($79.23)
March: $70.53 ($77.25)
February: $66.56 ($76.61)
Natural gas production:
March, 2024: 3,388,482, MCF/day, all-time high; up 7% from February, 2024
February, 2024: 3,365,395 MCF/day
95% capture
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Today's Daily Activity Report
WTI:
Active rigs:
new permits:
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The Million Dollar Way (The Bakken Oil Blog)
18h ago
Locator: 47171B.
Scottie Scheffler: felony arrest, booked, charges dropped -- resolved within an hour or so. Should be an interesting day in Louisville at the PGA.
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Back to the Bakken
WTI: $79.82.
Sunday, May 19, 2024: 26 for the month; 90 for the quarter, 289 for the year
38144, conf, BR, Ole 9-1-29MBH,
Saturday, May 18, 2024: 25 for the month; 89 for the quarter, 288 for the year
39878, conf, Liberty Resources, Overdorf W 158-96-1-12-2MBH,
Friday, May 17, 2024: 24 for the month; 88 for the quarter, 287 for the year
40235, conf, Empire North Dakota, Chinook 32 ..read more
The Million Dollar Way (The Bakken Oil Blog)
1d ago
l
WTI: $79.41.
Active rigs: 36.
Seven new permits, #40755 - #40761, inclusive:
Operators: Rockport Energy, Neptune Operating (3), Slawson Exploration, Hunt Oil (2)
Fields: Ranch Coulee (McKenzie); Ragged Butte (McKenzie), Big Bend (Mounrail), Thompson Lake (Burke)
Comments:
Rockport has a permit for a Chandler well, SWNE 15-146-98,
to be sited 1485 FNL and 2053 FEL;
Neptune Operating has permits for three wells, SESW 17-151-101,
to be sited 1675 FWL and between 423 FSL and 324 FSL;
Slawson has a permit for a Fish Finder well, SWSE 21-152-92,
to be sited 877 FSL a ..read more
The Million Dollar Way (The Bakken Oil Blog)
1d ago
Locator: 47169RUSSIA.
Link here.
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The Million Dollar Way (The Bakken Oil Blog)
2d ago
Locator: 47168TECH.
Tech is tracked here.
Chips, semiconductor: link here.
Home page for tech: link here.
The cloud: link here.
Streaming: link here. Streaming wars.
Spatial computing: link here.
Generative AI: link here.
Apple Silicon: link here.
Supercomputers: link here.
Data centers: link here.
Two new links for the archives.
Reuters, May 14, 2024: link here.
BusinessKorea, May 14, 2024: link here.
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