Tuesday, November 17, 2020

Hess Reports A Huge Well -- November 17, 2020

Active rigs:

$41.10
11/17/202011/17/201911/17/201811/17/201711/17/2016
Active Rigs1457635638

Two wells coming off confidential list today -- Tuesday, November 17 2020: 22 for the month; 46 for the quarter, 711 for the year

  • 36532, drl/A, Hess, EN-Sorenson B-LW-155-94-3526H-1, Alkali Creek, t--; cum 139K in 3.5 months; huge; initial production extrapolates to 74K over 30 days; there are a lot of Sorenson wells out there by multiple operators; this is where the Hess EN-Sorenson wells are tracked; enjoy;
  • 36510, drl/A, Hess, SC-5WX-152-99-0310H-6, Banks, t--; cum 91K over 3.5 months; a 33K month;

RBN Energy: New England gears up for another propane-dependent winter. Archived.

The leaves have already fallen off New England’s trees, the first snow has come and gone, and the six-state region is preparing for another long, cold winter — this time with no Tom Brady and little hope that their beloved Patriots will make it to the playoffs. There is at least some good news, though: record volumes of propane have been railed or shipped into New England and put in storage, which should help to ensure that the many homes and businesses that depend on the fuel for space heating will stay warm. Today, we discuss propane supply and demand in the northeastern corner of the U.S., including a look at SEA-3 Newington — New England’s largest propane storage and distribution center, which rails in the fuel from the Marcellus/Utica and Canada and imports and exports propane by ship.

New England may be a leading producer of lobsters, cranberries, and maple syrup, but it doesn’t produce a barrel of crude oil, a gallon of NGLs, or a cubic foot of natural gas — unless you count the methane generated by the region’s grass-fed, organic-as-they-can-be dairy cows. Heck, it doesn’t even have a refinery. So, to fuel its cars and trucks, power its gas- or oil-fired power plants, and heat its indoor spaces, New England needs to bring in every molecule of dinosaur-based hydrocarbons from somewhere else. The region’s natural gas needs are met primarily by pipeline and, to a much lesser degree, by imported LNG. They come in through a combination of tanker, rail, and truck, plus a couple of intra-regional pipelines that transport refined products inland from the ports of New Haven, CT, and Portland, ME.

2 comments:

  1. New England's big problem is methane. Not enough pipelines for import. I'll be watching ISO-NE for the next few days for price during demand peaks. Burning oil today to make electricity.

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    Replies
    1. Thank you. I had forgotten. It's that time of the season again. ISO-NE.

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