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Wednesday, July 12, 2023

Two Wells Coming Off Confidential List Today -- Juy 12, 2023

Locator: 45092B.

Russia: this looks like the narration de jour -- I've seen various iterations across several formats --

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Back to thhe Bakken

WTI: $75.31.

Thursday, July 13, 2023: 63 for the month; 171 for the quarter, 426 for the year
37924, conf, BR, Boxer 2A TFH,

Wednesday, July 12, 2023: 62 for the month; 170 for the quarter, 425 for the year
39395, conf, Crescent Point Energy, CPEUSC Matilda May 2-29-32-158N-100W-MBH-LL,
38683, conf, Hess, GO-Ron Viall-156-98-2513H-4,

RBN Energy: mastering oil, gas, and NGL market links is key to surviving new era in energy.

The energy industry is evolving rapidly, spun forward by a wide range of forces: a pandemic and its aftershocks, tensions with China, a land war in Europe and a push to decarbonize, to name just a few. What’s emerged in the last couple of years is an industry starkly different than the one that existed before. Every link in the value chain — from the producers upstream, to midstreamers, to the refiners and exporters downstream — has had to drastically adjust their strategies and, if anything, these changes have only intensified the connectivity across the markets for crude oil, natural gas, NGLs and refined products. It has underscored the need for industry participants to see and understand those links and how they impact their businesses. There’s a lot at stake. The energy industry of the mid-2020s — yes, we’re already in the middle third of the decade! — is vastly different, and so are the challenges, as we examine in today’s RBN blog.

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