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• ☕️What Else is Brewing Monday Morning
  It’s Opening Day (again, sort of): While last week’s...
  It’s Opening Day (again, sort of): While last week’s two-game series in Tokyo between the Dodgers and Cubs officially kicked off baseball’s regular season in front of a massive audience, MLB will host a more traditional Opening Day on Thursday, when 28 teams will play in 14 games scheduled throughout the afternoon and evening. They start at 3pm ET, for anyone who wants to plan an early exit from their office.
  
  Segway recalled 220,000 scooters after 20 people were injured.
  
  Columbia University is “on the right track” to get federal funding back, according to Education Secretary Linda McMahon. Separately, the University of Maine said it was in compliance with Title IX and can continue to leverage “essential federal funds.”
  
  Second Lady Usha Vance will visit Greenland this week as part of a US delegation. Greenland’s prime minister criticized the delegation’s visit as an “aggressive” move.
  
  Pope Francis made his first public appearance since being discharged from the hospital.
  
  Sydney Sweeney will star in a movie based on a Reddit post.
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• U.S. Rig Count Posts First Gain in Three Weeks | OKLA +2
  Drilling activity showed a marginal increase for the first time in three weeks. ...
  Drilling activity showed a marginal increase for the first time in three weeks. OKLA +2 @53 Rigs | TX-1 @280 Rigs | NM Flat @102 Rigs
  
  Oilfield services firm Baker Hughes said Friday its total weekly U.S. rig count edged one rig higher to 593 rigs, down 31 rigs or 5% from 624 rigs last March.
  
  The number of rigs drilling for crude oil was down one rig to 486 rigs, 23 rigs or 5% below the 509 rigs seeking crude a year ago. The number of rigs drilling for natural gas rose by two, now at 102 rigs, but remains 10 rigs or 9% below the 112 reported last year.
  
  The Permian Basin followed Texas’ trend, falling one rig for 300 rigs at work within the region, down 15 rigs or 5% from 315 last year. Here is the Oklahoma summary rig count, by county.
  
  
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• Oxy, Looking to Cut Debt, Sells D-J Minerals to Elk for $905MM
  Elk Range Royalties purchased 250,000 net royalty acres from Occidental...
  Elk Range Royalties purchased 250,000 net royalty acres from Occidental Petroleum in the Denver-Julesburg (D-J) Basin for $905 million, the minerals and royalties company said March 21. 
  
  The deal comes as Oxy works to reduce debt after closing a blockbuster $12 billion acquisition of Permian Basin private E&P CrownRock in August 2024.
  
  The company aims to repay at least $4.5 billion in debt within 12 months of closing the CrownRock acquisition. Reports that Oxy was shopping a D-J minerals package of up to $1 billion first surfaced in February at the 2025 NAPE Summit.  
  
  According to the press release, Elk said the assets have a mix of current production, DUCs, and undeveloped upside. These assets will expand Elk Range’s presence in the D-J and align with the company’s royalty acquisition strategy. Elk Range said that Chevron Corp. and Civitas Resources Inc. are operators on the acreage.
  
  Source: Hart Energy
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• Interior to undo Biden-era curbs on Alaska development
  The Interior Department is moving to reopen millions...

  The Interior Department is moving to reopen millions of acres in Alaska for oil and natural gas leasing, including parts of the Arctic National Wildlife Refuge and National Petroleum Reserve, as well as to remove barriers to pipeline and road construction, Interior Secretary Doug Burgum announced. Alaskan officials and some indigenous nations welcomed the move, though high risks and long-term political uncertainty may limit oil industry interest.

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• Weather prediction AI could fast-track forecasts
  A breakthrough type of AI-based weather forecasting uses thousands of...
  A breakthrough type of AI-based weather forecasting uses thousands of times less computing power and predicts five days worth of outfit guidelines tens of times faster than typical models, according to research published last week by Cambridge, Microsoft, the Alan Turing Institute, and Europe’s weather service. The new model—trained on data from weather stations, satellites, ships, and planes—can go toe to toe with the US Weather Service using just a tenth of the amount of data needed by conventional forecasting systems, the researchers said. Down the line, it could be used to improve natural disaster preparations and forecast hyper-local climate conditions like regional wind speeds or heat at a much faster rate than existing custom models, which can take years for researchers to build.
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