Jobless claims: link here.
- prior: 222K
- forecast: 220K
- actual report: 216K
- new claims down 6,000
- Occasional-Cortex: "We only have twelve years."
- Beto: "We only have ten years."
- Trudeau: "There is no more time; now it's an emergency. But first, let's build that pipeline.
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Back to the Bakken
Wells coming off the confidential list today -- Thursday, June 20, 2019: 68 for the month; 257 for the quarter;
- 35186, 3,900, Hess, EN-Sorenson A-LW-154-94-0211H-1, Alkali Creek, t5/19; cum --;
- 35185, 3,912, Hess, EN-Sorenson A-154-94-0211H-9, Alkali Creek, t5/19; cum --;
$55.82 | 6/20/2019 | 06/20/2018 | 06/20/2017 | 06/20/2016 | 06/20/2015 |
---|---|---|---|---|---|
Active Rigs | 63 | 62 | 56 | 29 | 77 |
RBN Energy: the challenging economics for crude export terminals, part 2.
Crude oil exports out of the U.S. are the topic du jour these days. At the heart of the discussion are the who, what, where and when of how the export capacity will be developed. Who is going to build the next crude oil export terminal, what type will it be (offshore or onshore), where are they going to put it (Corpus Christi, Houston, Louisiana — the list goes on), and when will that new capacity be available? Everyone seems to have a different answer, and for good reason. Crude oil export terminals aren’t easy to develop, any way you look at them. Today, we examine the financial and logistical hurdles that export terminals must clear in order to reach a final investment decision, and what those obstacles mean for what kind of terminal gets built, where it gets built, who builds it and how soon.
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