Wow, wow, wow! My biggest disappointment this weekend -- missing the Chicagoland NASCAR race yesterday. Even if you don't like NASCAR, watch the last 3 minutes of this race from yesterday: https://www.foxsports.com/nascar/video/1268093507798.
Best thing all weekend: three hours in the pool on Saturday with Sophia; and then four hours in the pool on Sunday with Sophia. 101 degrees yesterday.
Reminder: if you have time for only article on the Bakken this week, this is the one to read. Re-posting. This is the third time I've linked it. Lots of data hidden in that article. Remember this name Renee Jean.
Saudi's June production at / near all-time high. Link here. Take it with a grain of salt. We'll know more in six months. Saudi always increases production in the summer due to their own increased domestic demand.
Four supertankers stranded: BP has four supertankers with 8 million bbls of crude oil waiting off the coast of China with no buyers. Previously linked. Better story here.
Strike: another potential curtailment in crude oil production. Union set to strike North Sea production next month. Total. My hunch: they have a month to sort this out.
Activist agenda? No way, Jose. Now that Trump is going to get his second Supreme Court nomination, US senators don't want an activist judge. LOL. Kagan. Sotomayor. RBG. Give me a break.
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Back to the Bakken
One well came off the confidential list over the weekend:
- 33552, 1,063, Liberty Resources, Albertson 158-93-27-34-2TFH, Enget Lake, on jet pump, 26 stages; 9.1million lbs, all large white, t1/18; cum 93K 5/18;
Active rigs:
| $73.71→ | 7/2/2018 | 07/02/2017 | 07/02/2016 | 07/02/2015 | 07/02/2014 |
|---|---|---|---|---|---|
| Active Rigs | 67 | 58 | 30 | 75 | 190 |
RBN Energy: Mont Belvieu fractionation capacity and assets: ONEOK and GCF, Part 4.
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