100% Of Bakken Wells Coming Off Confidential List Go To DUC Status -- July 5, 2018

Three out of three:

Thursday, July 5, 2018:

• 33943, SI/NC, MRO, Sibyl USA 44-19TFH, Reunion Day, no production data, 
• 33942, SI/NC, MRO, McDonald USA 44-19H, Reunion Day, no production data,

Wednesday, July 4, 2018:

• 31347, SI/NC, Crescent Point, CPEUSC Paopao 2-35-26-158N-100W,  Dublin, no production data,

John Kemp: says we are in "severe backwardation." Oil prices projected to be lower six months from now.

WTI: essentially flat today; around $74. World "outages" offset by Saudi's promise to flood the global market with oil, according to President Trump.