Few Wells Coming Off Confidential List This Week -- Six Months Ago Drilling Stopped Due To Ferocious Winter -- June 20, 2023

Locator: 44979B. 

Market: "mixed" as they say, after a three-day weekend

• Dow: down 175 points at the open; down one-half of a percent
• NASDAQ: up 2 points at the open

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Back to the Bakken

WTI: $70.45, down almost 2%.

Tuesday, June 20, 2023: 36 for the month; 144 for the quarter, 399 for the year
None.

Monday, June 19, 2023: 36 for the month; 144 for the quarter, 399 for the year
None.

Sunday, June 18, 2023: 36 for the month; 144 for the quarter, 399 for the year
39398, conf, Kraken, Wiseman 31-36-35-34 4H,
39303, conf, CLR, Meadowlark FIU 8-6H,

Saturday, June 17, 2023: 34 for the month; 142 for the quarter, 397 for the year
38633, conf, SOGC (Sinclair), Grasslands Federal 14-15-2H,

RBN Energy: US crude oil and refined products exports are driven by production growth, previously posted, due to holiday yesterday.

Consider this fact: Three of every five barrels of crude oil produced in the U.S. are exported, either as crude oil or in the form of gasoline, diesel, jet fuel or other petroleum products. Sure, large volumes of crude and products are still being imported, but the net import number is dwindling toward zero — and if you count NGLs (ethane, propane, etc.) in the liquid fuels balance, the U.S. has been a net exporter since 2020. Yes, folks, exports are now calling the shots, and the role of exports is only going to become larger over the next few years.