Two Wells Coming Off Confidential List Today -- June 20, 2019

Circular firing squad: Biden suffers flesh wound -- Pocahontas now seen as compromise candidate to Bernie / Biden.

Jobless claims: link here.

• prior: 222K
• forecast: 220K
• actual report: 216K
• new claims down 6,000 

Global warming: now it's an emergency.

• 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 --;

Active rigs:

$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.