Six Wells From Confidential List To Be Reported Today -- WTI Slides Again -- It's Monday -- Happy Birthday, Steve Martin -- August 14, 2023

Locator: 45454B.

WTI: $82.29. What did you expect? It's Monday. Down almost a buck.

Tuesday, August 15, 2023: 25 for the month; 227 for the quarter, 482 for the year
37878, conf, BR, Rink 1-1-5MBH,

Monday, August 14, 2023: 24 for the month; 226 for the quarter, 481 for the year
38945, conf, Hess, BW-Rolfson-151-98-2116H-12, 

Sunday, August 13, 2023: 23 for the month; 225 for the quarter, 480 for the year
39571, conf, Challenger Point Energy, Jacobsen 11-6, 
39491, conf, Kraken, Ricky-Lee LE 18-7-6- 11H, 
38905, conf, Enerplus, MC-Kudrna 144-95-10-3-4HH,

Saturday, August 12, 2023: 20 for the month; 222 for the quarter, 477 for the yea
39492, conf, Kraken, Anseth LW 20-29-32-12H, 
39454, conf, CLR, Edward 2-23HSL1, 

RBN Energy: E&Ps grapple with replacing oil and gas reserves in challenging times.

One of the major shocks of the pandemic was walking into supermarkets to see vast stretches of bare shelves where, for decades, stacks of toilet paper, diapers, infant formula, cooking oil, and even white flour used to magically repopulate overnight. The fix turned out to be relatively easy: Get people back to work and work out the kinks in delivery networks. (Now our only concern is how expensive everything is!) Rebuilding inventories in the oil and gas industry, in contrast, is an ever-present concern, longer-term in nature and more complicated, involving a wide range of variables and uncertainties. In today’s RBN blog, we examine the challenges that exploration and production (E&P) companies face in their efforts to more efficiently and cost effectively replace their oil and gas reserves — and we highlight some early warnings signs of potential future inventory issues.