Locator: 50199B.
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Back to the Bakken
WTI: $92.21. Up over $4 overnight; about 6%; Iraq has closed it exporting terminals.
New wells reporting:
- Friday, March 13, 2026: 13 for the month, 119 for the quarter, 119 for the year,
- 42237, conf, BR, Sandie 2C MBH-R,
- 41821, conf, BR, Rolla 6I,
- 41603, conf, BR, Sivertson 6F,
- Thursday, March 12, 2026: 10 for the month, 116 for the quarter, 116 for the year,
- None.
RBN Energy: how coast refiners and their partners move refined products to Mexico. Link here. Archived.
Despite ongoing efforts by Mexico’s government and state-owned Pemex to boost domestic production of gasoline, diesel and jet fuel, the Mexican market still depends on imports from the U.S. for just over half of its refined product needs. And moving nearly 700 Mb/d of transportation fuels from U.S. refineries to population centers south of the border is no easy task, involving a combination of product tankers, unit trains, trucks and distribution terminals. In today’s RBN blog, we continue our look at U.S. refined product exports to Mexico.
n Part 1, we said that Mexican demand for refined products has been hovering just under 1.4 MMb/d the past couple of years and that sub-par performance by Pemex’s six legacy refineries (with a combined capacity of 1.6 MMb/d) has left the nation of more than 130 million people far short of transportation fuel self-sufficiency. A seventh Pemex refinery — the 340-Mb/d Dos Bocas facility ramping up in southeastern Mexico — slightly reduced the need for imported gasoline, diesel and jet fuel in 2025 (stacked bar to far right in Figure 1 below), but it’s a good bet that a handful of refineries along the U.S. Gulf Coast will remain critically important suppliers for years to come.
