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Wednesday, June 21, 2023

No New Permits; WTI At $72; Active Rigs, 41 -- June 21, 2023

Locator: 44996B.    

Ukraine: war? What war? Ukraine looks to raise $40 billion to launch a green steel industry -- oilprice.com.

API: bigger dip than expected at Cushing (US crude oil inventories). Means absolutely nothing until we see the EIA numbers tomorrow, and even those don't mean much any more with everything else going on.

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Back to the Bakken

Active rigs: 41.

WTI: $72.48.

No new permits.

Two producing wells (DUCs) reported as completed:

  • 39007, no ip test, CLR, Rhonda 10-28H1, Jim Creek,
  • 39008, no ip test, CLR, Rhonda 9-28H, Jim Creek,
Help me, Rhonda!

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