Friday, June 7, 2019

Three Wells Coming Off Confidential List Today -- Friday, June 7, 2019 -- National Donut Day

Austin Chalk: large-scale seismic survey to be undertaken. See this post for graphics.
CGG and Fairfield Geotechnologies are teaming up to conduct a large-scale, multi-client seismic survey of the Austin Chalk formation in South Central Louisiana, CGG reported Thursday.

Under their recently signed cooperation agreement to conduct a 578-square-mile wide-azimuth survey called “Bayou Boeuf,” CGG and Fairfield plan to image the Austin Chalk in portions of Avoyelles, Evangeline, Rapides and St. Landry parishes. In a written statement emailed to Rigzone, CGG added that permitting is nearly complete and acquisition is expected to start in September of this year.

“The Austin Chalk is a prospective play that has been gaining interest among operators in the industry,” stated Dechun Lin, executive vice president of CGG’s Multi-Client and New Ventures unit. “The aim of our Bayou Boeuf survey is to provide a better understanding of the geology in the area, unlocking its potential.”

A February 2018 map produced by the Louisiana Department of Natural Resources shows various oil and gas fields within the Austin Chalk.
Back to the Bakken

Williston "enplanements" up almost 20%, year-over-year: Sloulin Field International Airport --
Sloulin Field International Airport posted a 19.9% increase in total revenue passengers for May 2019 as compared to May 2018. Total available seats increased by 19.0% while load factors increased by 0.4%. Year to date, the Airport is up 18.1% in total revenue passengers and down 1.4% in load factor, while seeing an increase of 19.2% total seats.
Wells coming off the confidential list today -- Friday, June 7, 2019: 19 for the month; 208 for the quarter;
  • 35573, SI/NC, Newfield, Goliath 150-98-5-8-5H, Siverston, producing at a 1,000 bopd, but on the SI/NC list; neighboring wells, #18641 and #18741 both offline;
  • 34768, 1,395, CLR, Helena 8-7HSL1, Three Forks 1, 57 stages; 8 million lbs; Brooklyn, producing very nicely; t3/19; cum 59K 41/19; see this note;
  • 30029, SI/NC, Hess, BB-Federal 151-95-0817H-4, Blue Buttes, no production data,
Active rigs:

Active Rigs6560522682

RBN Energy: Keyera, SemCAMS greenlight a new Montney condensate/NGL pipeline. The Montney is tracked here.
Keyera Corp. and SemCAMS Midstream, two major midstream players in Western Canada, in mid-May announced they are proceeding with the construction of their joint-venture project — a new NGL and condensate pipeline system out of the liquids-rich Montney and Duvernay plays of Alberta. The planned Key Access Pipeline System would provide the first direct competition for the transportation of NGLs and condensate out of these producing regions, currently dominated by Pembina Pipeline Co. Any and all transportation options for the movement of condensate and other NGLs out of the Montney and surrounding plays will likely be welcomed by Western Canadian natural gas producers, who are looking to capitalize on oil-sands producers’ growing demand for homegrown sources of condensate for use as diluent in bitumen transportation. Today, we provide key details about the project and how it fits into the region’s existing condensate/NGLs market.
Increases in liquids-rich natural gas production from the Montney, Duvernay and other plays have helped to lift Western Canada’s natural gas production fortunes in the past few years. We recently started examining this gas production recovery trend with the opener of our Get Me Out of Here series. The rise in the production of associated liquids, such as condensate, has begun to test the ability to move it all downstream for further processing. The task of getting liquids out of the Montney and Duvernay for a number of years has been handled by Pembina Pipeline Co.’s Peace Pipeline. Back in August 2018, SemsCAMS announced it was working with Plains Midstream Canada, a subsidiary of Plains All American, on a pipeline proposal to move condensate on what was dubbed the Montney to Market liquids pipeline. That plan now has been replaced by the KAPS project, which is now proceeding to development. (The reason for the switch by SemCAMS to working with Keyera is unclear).

No comments:

Post a Comment