Wells Coming Off Confidential List This Weekend, Monday -- Posted August 10, 2014

I may not post much today; I'm in the Grand Canyon area and not sure how long I will be off the net. 

Active rigs:

	8/11/2014	08/11/2013	08/11/2012	08/11/2011	08/11/2010
Active Rigs	195	184	199	192	143

RBN Energy: storage problem in Houston. 

Data below will have to wait to be updated; the wi-fi here at McDonald's is not fast enough to load anything in a reasonable amount of time. 

Monday, August 11, 2014
21374, conf, Statoil, Barstad 23-14 4TFH, Alger, no production data,
26149, conf, WPX, Alfred Old Dog 30-31HC,  Reunion Bay, producing,
26396, conf, CLR, Limousin 6-3H2, Sanish, no production data,
26449, conf, Newfield, Hovland 150-99-26-35-3H, South Tobacco Garden, producing, a nice well,
26575, conf, MRO, Cheetah USA 14-16TFH, Four Bears, producing, a huge well,
27133, conf, Hess, SC-Tom-2560-153-98-1514-2223H-1, Truax, no production data,
27153, conf, BR, Arches 34-35MBH, Keene, no production data,
27454, conf, CLR, Hartman 6-28H2, Chimney Butte, no production data,

Sunday, August 10, 2014
26148, conf, WPX, Alfred Old Dog 30-31HY, Reunion Bay, producing,
27270, conf, WPX, Glenn Fox 13-24HA, Van Hook, producing,
27294, conf, Hess, EN-Ortloff-156-94-2635H-7, Big Butte, no production data,
27556, conf, XTO, Kaye Federal 43X-4B, Lost Bridge, no production data,

Saturday, August 9, 2014
26095, conf, American Eagle, La Plata State 2-16-163-101, Colgan, producing,
26448, conf, Newfield, Hovland 150-99-26-35-2H, South Tobacco Garden, producing, albeit not much, 
26605, conf, Newfield, Hoffmann 149-98-11-2-2H, Pembroke, a big well,
27154, conf, BR, Arches 34-35TFH, Keene, no production data,
27210, conf, Legacy, Legacy Et Al Berge 16-36 2H, North Souris, a Spearfish well, producing,
27340, conf, CLR, Vachal 6-27H1, Alkali Creek, no production data,
27455, conf, CLR, Hartman 7-28H3, Chimney Butte, no production data,

The two CLR Hartman wells are increased density pilot project wells.

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As soon as I read that a new study concluded the Keystone XL will lower the price of oil by ... drum roll ... $3/bbl and that would .... drum roll ... create a huge increase in the consumption of oil, I knew the study was irrelevant and ... frankly, idiotic. The price of WTI dropped from $104 to $97 in the past few weeks (well more than $3/bbl) and the drop in price had nothing to do with pipelines.

And, just for argument's sake: dropping the price of oil is now a "bad" thing. Okay.

Be that as it may, the oil sands will be developed  and if the Americans don't want it/buy it, the Chinese will. More than enough pipeline and rail to transport Canadian oil exists or will exist over the next few years with/without the Keystone.