Back To The Bakken -- WTI Back Up Above $76 -- June 7, 2024

Locator: 48077B.

Were you one of them? If not, most likely your second million was added to your portfolio. Link here. That intergenerational wealth transfer is going to be incredible. But look at that. Not just a dozen or a hundred or a thousand, but 600,000!

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Back to the Bakken

WTI: $76.06.

Sunday, June 9, 2024: 59 for the month; 123 for the quarter, 322 for the year
39676, conf, Petro-Hunt, Burian 144-98-14B-23-2H,

Saturday, June 8, 2024: 58 for the month; 122 for the quarter, 321 for the year
38055, conf, Oasis, Wood Federal 5498 12-25 2BX,

Friday, June 7, 2024: 57 for the month; 121 for the quarter, 320 for the year
39388, conf, BR, Watchman Peak 1-18-11 MBH,
38056, conf, Oasis, Wood 5498 12-25 3B, 

RBN Energy: understanding the lingo is key to mastering the natural gas value chain.

To closely analyze the natural gas market is to be constantly bombarded with vast amounts of information — weather forecasts, pipeline flows, LNG feedgas, power demand and storage — that is frequently updated, impacting both spot and future prices. But before you can get into the deeper analysis, you’ve got to understand the natural gas value chain and its terminology. In today’s RBN blog, we’ll explain the various terms used to describe natural gas as it moves from wellhead to consumer.