Friday, August 14, 2020

Two Wells Coming Off The Confidential List -- August 14, 2020

North Dakota, Apple, and Covid-19: North Dakota, Wyoming, and Alabama launching exposure notification apps. Reuters.  North Dakota, Wyoming and Alabama are the latest U.S. states launching apps to warn users about potential exposure to the novel coronavirus by tracking their encounters.

Virginia last week became the first U.S. state to urge residents to download such an app using technology developed by smartphone software giants Apple Inc and Alphabet Inc’s Google.

About 316,000 people have downloaded Virginia’s app, COVIDWISE, Jeff Stover, a state health department official, told Reuters during an online event about pandemic technology hosted by the Massachusetts Institute of Technology-affiliated Responsible Data Foundation.

North Dakota launched its app, Care19 Alert, on Thursday (August 13, 2020) and Wyoming will release an app on Friday, , whose company ProudCrowd developed the apps, also said during the event.

Sturgis rally: no positive tests (yet). Link here.

Consumers need to know that commercial COVID 19 testing locations in Sturgis this week for the Sturgis Motorcycle Rally are not testing for an active COVID infection, but are testing for coronavirus antibodies.

Unlike direct COVID-19 detection tests, like the nasopharyngeal swab, that can detect acutely infected persons, an antibody test determines whether the individual being tested was previously infected and their body has built antibodies, or an immune response to the virus.

McVay said business had been slow and all who had been tested so far tested negative for antibodies. Testing costs $45.

ICYMI: Tellurian update.

Tellurian is deferring all but one pipelines associated with the first phase of its proposed Driftwood liquefied natural gas export project, the LNG producer said in an investor presentation.

Tellurian has been trying to cut costs for its Driftwood LNG production and export terminal on the west bank of the Calcasieu River, south of Lake Charles, Louisiana, in view of the depressed market conditions for natural gas amid the pandemic.

Tellurian has achieved cost reductions of 30 percent in its phase 1 planning for the project, including deferring the proposed Permian Global Access Pipeline, the Haynesville Global Access Pipeline, and the Delhi Connector Pipeline, which leaves just one pipeline to feed natural gas to the facility during phase 1.

The company will also focus on sourcing cheap natural gas for the project, which has secured all permits and is shovel ready, if Tellurian decides to move ahead with the final investment decision (FID).

OPEC basket, link here: $45.34

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Back to the Bakken

Active rigs:

$42.21
8/14/202008/14/201908/14/201808/14/201708/14/2016
Active Rigs1162585733

Two wells coming off the confidential list -- Friday, August 14, 2020: 46 for the month; 117 for the quarter, 563 for the year:

  • 36980, drl/TAI, CLR, LCU Truman 8-23H1, Long Creek, no production data,
  • 36111, drl/NC, BR, Outlaw Gap 44-23TFH, Sand Creek, no production data,

RBN Eenrgy: a propane molecule's journey to Mont Belvieu and markets beyond.

When firing up the backyard propane grill and watching that first propane molecule flash to life, most people don’t think much about what it took to get that fuel to the cylinder they picked up at the store. But that long and winding road from the production well to the tank beneath your grill is actually a fascinating tale of supply-chain logistics involving producers, midstreamers, and propane retailers. In today’s blog, we will take that interesting and sometimes mysterious trip with a molecule of propane. We will travel over 1,000 miles, moving in and out of various facilities, purifying our product and incurring various costs each step of the way. So strap on your seat belt for a selection from our greatest blog hits, in which we track a typical propane molecule’s journey from beginning to end.

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