Thursday, October 29, 2020

COP: Annual Report, 2019 -- Lower 48

Things are getting exciting.  There's a lot on everyone's plate.

Next week we will know if COP will continue to invest in the North Slope, Alaska. Perhaps. See this post.  

Curious.

For COP: the North Slope generated one-fourth of COP's worldwide crude production:

  • three legacy fields
  • 218K boepd in 2019

How does that compare to the Lower 48?

If I'm reading the graphic correctly, for COP, liquids from the Bakken, averaged:

  • 82,000 bbls/day

Compare with:

  • Eagle Ford: 174,000
  • Permian: 60,000 

I may be reading the graphic incorrectly.  

Concho Resources is producing about 200,000 bopd. Link here.

Of the fourteen or so active rigs in North Dakota, two of them are operated by BR. And that's all that BR needs to maintain production at current levels there. 

COP very recently announced that it was maintaining its dividend (actually increasing it by one penny). Link here for dividend history

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Earnings report for COP round-up:

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Pancake Thursday

Closer Look At BR's 2020 Permits In Section 6-149-96, Pershing Oil Field -- October 29, 2020

Burlington Resources, subsidiary of COP:

  • 2020, through October 28, 2020: BR with 92 new permits in North Dakota;
    • CY2019: BR with 91 oil and gas permits in North Dakota
  • of those 92 new permits, 29 were in Pershing oil field, most of them in the past few weeks;
  • twelve of them will be sited in section 6-149-96:

Daily Activity Report

NDIC Permit/File

BR

Name of Well

 Oil Field

S

T

R

July 29, 2020

37750

BR 

Kirklandfill 1C

Pershing

21

150

96

July 29, 2020

37751

BR

Kirklandfill 1B

Pershing

21

150

96

July 29, 2020

37752

BR

Kirklandfill 1A

Pershing

21

150

96

July 29, 2020

37753

BR

Morganfill 1C

Pershing

21

150

96

July 29, 2020

37754

BR

Morganfill 1B

Pershing

21

150

96

July 29, 2020

37755

BR

Morganfill 1A

Pershing

16

150

96

October 5, 2020

37878

BR

Rink 1-1-5MBH

Pershing

32

150

96

October 5, 2020

37879

BR

Kermit 1-8-32MBH

Pershing

32

150

96

October 5, 2020

37880

BR

Rink 2-1-5UTFH

Pershing

32

150

96

October 5, 2020

37881

BR

Kermit 1-8-32UTFH

Pershing

32

150

96

October 23, 2020

37921

BR

Parrish 2B TFH

Pershing

6

149

96

October 23, 2020

37922

BR

Boxstone 1A TFH-ULW

Pershing

6

149

96

October 23, 2020

37923

BR

Boxstone B MBH-ULW

Pershing

6

149

96

October 23, 2020

37924

BR

Boxer 2A TFH

Pershing

6

149

96

October 27, 2020

37926

BR

Boxer 2C TFH

Pershing

6

149

96

October 27, 2020

37927

BR

Parrish 2C MBH

Pershing

6

149

96

October 27, 2020

37928

BR

Boxer 2B MBH

Pershing

6

149

96

October 27, 2020

37929

BR

Parrish 3A TFH

Pershing

6

149

96

October 29, 2020

37931

BR 

Parrish 3B MBH

Pershing

6

149

96

October 29, 2020

37932

BR 

Parrish 3C TFH

Pershing

6

149

96

October 29, 2020

37933

BR 

Parrish 4A MBH

Pershing

6

149

96

October 29, 2020

37934

BR 

Boxer 3A TFH

Pershing

6

149

96

October 29, 2020

37935

BR 

Boxer 3B MBH

Pershing

6

149

96

October 29, 2020

37936

BR 

Boxer 3C TFH

Pershing

6

149

96

October 29, 2020

37937

BR 

Parrish 4B MBH

Pershing

6

149

96

October 29, 2020

37938

BR 

Parrish 4C TFH

Pershing

6

149

96

October 29, 2020

37939

BR 

Boxer 4A MBH

Pershing

6

149

96

October 29, 2020

37940

BR 

Boxer 4B TFH

Pershing

6

149

96

Graphic, section 6-149-96

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Happy Halloween

From Sophia's "TutorTime," Colleyville, TX.