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Back to the Bakken
Active rigs:Back to the Bakken
$52.46 | 1/27/2020 | 01/27/2019 | 01/27/2018 | 01/27/2017 | 01/27/2016 |
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Active Rigs | 56 | 65 | 57 | 38 | 47 |
Wells coming off confidential list today --
Monday, January 27, 2020: 91 for the month; 91 for the quarter, 91 for the year:
- 35955, 2,119, Whiting, Cayko 21-22-3H, Dore, 8/19; cum 82K 11/19;
- 35849, drl, XTO, FBIR Stephen 21X-19F, Heart Butte,
- 35956, 1,808, Whiting, Cayko 21-22-2H, Dore, t8/19; cum 58K 11/19;
- 35563, 2,052, CLR, Gjorven 12-21HSL, Brooklyn, t9/19; cum 109K 11/19; two 45K months;
- 35459, 1,660, CLR, Weisz 4-11H, Pleasant Valley, t12/19; cum 43K 11/19;
- 36259, drl, WPX, Mandaree Warrior 14-11HS, Squaw Creek,
The rapid increase of natural gas processing capacity in the Bakken in recent months has helped to ease producers’ growing pains, clearing the way for more crude oil and associated gas to be produced there and more Bakken gas to flow into the Midwest. That good news is countered, however, by bad news for Western Canadian gas producers, whose long-standing pipeline takeaway constraints only worsen as more Bakken gas flows into the Northern Border pipeline that cuts through North Dakota on its way to Chicago and other downstream markets.
Today, we continue our series on the fight between Bakken and Western Canadian producers for space on Northern Border with a look at incremental flows into that key pipe.
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