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• Producers shift more drilling to Texas cities
  Faced with declining well performance and a shrinking inventory of top-tier drilling locations in the...
  Faced with declining well performance and a shrinking inventory of top-tier drilling locations in the Permian Basin, Texas shale operators are increasingly filing for permits to drill within city limits, with Midland seeing a nearly twofold year-over-year jump in the number of applications received in 2022. Evercore ISI analyst James West predicts premium drilling inventory will deplete in the next four to six years, while BloombergNEF estimates productivity per lateral foot from wells drilled this year is down 8% to 13% compared to last year.
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• Denbury deepens its carbon capture push
  Denbury has announced two separate agreements to beef up its carbon capture and sequestration business...
  Denbury has announced two separate agreements to beef up its carbon capture and sequestration business along the US Gulf Coast. The agreements set the stage for the potential development of two carbon dioxide sequestration sites in southwest Louisiana and Mississippi that could hold up to 275.5 million short tons and 303 million short tons of CO2, respectively.
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• Leading energy firms get involved in hydrogen initiative
  The Open Hydrogen Initiative, a collaboration launched earlier...
  The Open Hydrogen Initiative, a collaboration launched earlier this year to provide transparent accounting of emissions from hydrogen production, has brought several new backers on board, including energy companies Duke Energy, ExxonMobil, Breakthrough Energy and EQT, as well as hydrogen advocates, academics and think-tank researchers from various institutions. Drawing on the knowledge of its members, the initiative aims to roll out a trial version of an emissions measurement tool by the fourth quarter of 2023 and demonstrate it at US hydrogen production plants.
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• ☕️What Else is Brewing Thursday Morning
  The World Cup final is set. France defeated Morocco 2–0 yesterday and will face Argentina in a battle...
  The World Cup final is set. France defeated Morocco 2–0 yesterday and will face Argentina in a battle of global soccer giants on Sunday.
  
  The US plans to restart a program to mail free at-home Covid tests to households that request them, as officials expect another winter surge.
  
  A severe storm is moving east across the US, bringing blizzards, heavy rain, and tornadoes. It’s also wreaking havoc on travel, having caused ~4,500 flight delays and hundreds of cancellations already.
  
  Stephen Boss, better known as DJ tWitch on The Ellen Show, has died at age 40.
  
  
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• SEC Charges Announced in Pump and Dump Scheme
  Social media influencers charged in a pump-and-dump scheme. Federal prosecutors and...
  Social media influencers charged in a pump-and-dump scheme. Federal prosecutors and the SEC have accused seven popular Twitter and Discord users of wielding social media to manipulate stock prices—pumping the shares and then selling off mass quantities for profit once they rose. An additional defendant, whose Twitter handle was @DipDeity, was charged with aiding and abetting the alleged fraud for hosting a podcast that featured and promoted the seven influencers as skilled traders to follow. Each influencer charged had well over 100,000 followers and, according to the SEC, the group earned about $100 million total in the scheme.
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