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there will be content and typographical errors. If anything on any of my
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my notes will be less frequent, perhaps shorter. I will not get to my
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timely manner.
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Back to the Bakken
The Far Side: link here.
WTI: $92.02.
Natural gas: $8.708.
No wells coming off confidential list.
RBN Energy: to understand the hydrocarbon value chain, start with the basics.
The energy industry — everything from oil and gas production and transportation to oil refining, gas processing and NGL fractionation — has a myriad of variables influenced by dozens of factors. It’s a value chain so vast you’d think it would be impossible to explain in simple terms. But behind it all is a well-oiled machine for developing the resources that literally fuel our modern economy. And, by understanding what happens at each link in the value chain, you can ultimately gain a clearer picture of what’s happening in energy markets. In today’s RBN blog, we kick off a series aimed at examining and explaining the oil and gas value chain, starting with the upstream world of exploration and production — what happens in production areas, the types of companies that operate in that segment, and the critical role of oil and gas reserves.
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