Earnings Talk -- June 22, 2023

Locator: 45019ECON.  

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Link here.

More at the link.

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The Market

Link here.

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Bull Market

Link here.

The Permian Out-Producing The Ghawar Field -- June 22, 2023

Locator: 45018WTI. 

Link here.

Did anyone in a gazillion years ever think we would see this headline? Sort of puts "peak theory" to rest once and for all. Just saying.

I think Saudi is in trouble.

The Right Kind Of Oil -- June 22, 2023

Locator: 45017OILGRADES.
Locator: 45017WTI.

Link here.

Wow, wow, wow -- we've been talking about this the past couple of days .

I've been connecting the dots over the past few days and now Bloomberg has noted it. 

More at the link.

Most recently it was Mero oil from Brazil.

Two More Biden Wins -- MAGA -- June 22, 2023

Locator: 45016B.

The IRA:  

• the inflation reduction act -- clean energy.  
• wiki.

Ford:

• link here.

Indian Solar Giant:
link here.

Legacy Fund -- Deposits -- June, 2023

Locator: 45015B.

Link here.

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Back to the Daily Report

WTI: $69.55.

Seven new permits, #39983 - #39989, inclusive:

• Operator: MRO
• Field: Murphy Creek (5); Jim Creek (2)
• Comments: 

• MRO has seven permits in Dunn County, SWSW 16-145-96 and NENW 22-145-96; 
• to be sited betwween 320 FNL and 609 FSL and between 1174 FWL and 2195 FWL;
• the following permits/wells: Rutledge; Calvin; Westrum; Sahaydak: Basham; Coan; and, McBride.

Four permits renewed:

• Enerplus (3): Loggerhead, Aldabra, and Ridley, in Antelope oil field; McKenzie County
• Petro-Hunt: a USA permit in Elm oil field, McKenzie County;

Two producing wells (DUCs) reported as completed:

• 39099, 1,364, CLR, Woodrow 7-32H,
• 39128, 59, Crescent Point Eneregy CPEUSC Claire Rose 6-31-30-159N-99W-MBH-LL,

Wells of interest:

• 18894, 870/IA, CLR, Woodrow 34X-32, t5/11; cum 208K 12/22;
• The four CLR SMouse wells in West Capa: #39284, #39285, ##9286, #39287 -- all confidential.
• the CLR Smouse well, #30652; IA; t3/16;