Locator: 49821B.
Weather: holy mackerel, the weather is gorgeous here in north Texas, DFW. Clear, calm, and high will be 76°F. Right now, early morning? Light jacket at most.
DOW, S&P: hit record highs. Again.
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Back to the Bakken
WTI: $56.66.
New wells reporting:
- Friday, January 9, 2026: 13 for the month, 13 for the quarter, 13 for the year,
- None.
- Thursday, January 8, 2026: 13 for the month, 13 for the quarter, 13 for the year,
- None.
- Wednesday, January 7, 2026: 13 for the month, 13 for the quarter, 13 for the year,
- 40970, conf, Devon Energy, Costanza 24-13 7TFH,
RBN Energy: Venezuela's oil industry could be poised for a rebound, but it will take time. Link here. Archived.
Venezuela took center stage over the weekend when U.S. forces removed President Nicolás Maduro from power, triggering a flood of speculation and market commentary about the country’s vast oil reserves and the potential for reviving its now-moribund upstream and refining sectors. Of course, there is a lot of uncertainty about how this might play out, but one thing seems clear: The upheaval could impact everything from crude oil flows and price differentials to refining slates and export economics. In today’s RBN blog, we’ll take a deep dive into the outlook for Venezuela’s oil and refined product sectors in the short, middle and long term.
