Friday, March 29, 2019

Friday, March 29, 2019, T+86 -- Part 4

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WTI: solidly above $60. Now up $1.13, up almost 2%, and trading at $60.43. OPEC basket continues to struggle, up only 12 cents and barely above $67.

The market -- early trading --
  • in the past week or so, UNP has recovered everything it lost after that one crazy analyst note; open book test; it was another great opportunity to invest;
  • almost everything on my watch list is green but not remarkable
EW:


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Back to the Bakken

From an earlier post --
  • January 14, 2019: #27964, 541, XTO, Kathy 31X-15C,  Tioga, t1/15; slow to start production; production really began 7/15; cum 54K 11/18; off line 10/18 - what's going on? Update: this well is back on line. Produced 842 bbls in January, 2019, compared to 600 bbls/month prior to going off line back in September/October 2018. Last sundry form received July 14, 2017. Recent production data:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2019158426591476416726751417
BAKKEN12-20180000000
BAKKEN11-20180060000
BAKKEN10-201891231943637096330
BAKKEN9-2018305265201294259724140
BAKKEN8-2018315665931310283326480
BAKKEN7-2018315635861414304028430
BAKKEN6-2018305965591556308828970
BAKKEN5-2018316496491725344332460
 

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