Coming off the confidential list yesteray -- Tuesday, October 22, 2019: 76 for the month; 76 for the quarter:
- 35398, SI/NC, Hess, RS-Aadnes-157-91-2829H-4, Ross, no production data,
- 35209, 1,195, Whiting, Moline 21-14-2H, Tyrone, t5/19; cum 84K 8/19;
- 34943, 1,750, Whiting, Moline 41-15-2HU, Tyrone, t5/19; cum 95K 8/19;
- 33787, drl, Crescent Point Energy, CPEUSC Elena 6-22-15-157N-100W TFH, Marmon, no production data,
- 33026, 2,362, CLR, Hereford Federa 11-17H, Elm Tree, t9/19; cum --; after initial production, immediately shut in ;
- 30645, IA, CLR, Sorenson 9-16H1, Alkali Creek, t--; cum --; produced for six days and then immediately take off line;
| $53.93 | 10/23/2019 | 10/23/2018 | 10/23/2017 | 10/23/2016 | 10/23/2015 |
|---|---|---|---|---|---|
| Active Rigs | 61 | 70 | 54 | 34 | 68 |
RBN Energy: a CBR project advances in the Uinta Basin, part 3.
To hear proponents of Uinta Basin waxy crude oil tell it, all that’s keeping the hydrocarbon-packed region in northeastern Utah from significantly increasing production in the 2020s is a better way to transport their shoe-polish-like crude to Gulf Coast refineries than trucking to existing transloading facilities. And now, they think they’ve finally found it. If all goes to plan, by early 2023 a new, 85-mile short-line railroad will be in place to move at least two 110-car unit trains of waxy crude a day from the epicenter of Uinta Basin production to interconnections with two long-haul rail lines. That would give producers significantly enhanced access to markets far beyond the five Salt Lake City-area refineries to which they now truck some 90% of their output. Today, we conclude our series on the Uinta Basin with a look at the proposed Uinta Basin Railway crude-by-rail project and what it would mean for the play’s producers, as well as for Gulf Coast refiners.
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