Whiting, Newfield To Report Nice Wells; BR Continues To Shut-In New Wells -- April 27, 2015

Monday, April 27, 2015:

• 27660, drl, XTO, Star Federal 21X-14E, Grinnell, no production data,
• 28332, drl, CLR, Salers Federal 4-27H1, Antelope, no production data,
• 28794, drl, Abraxas, Jore Federal 2-11-5H, North Fork, no production data,
• 29110, drl, Hess, EN-Uran A-154-93-2215H-7, Robinson Lake, no production data,
• 29548, 1,990, Statoil, Field Trust 7-6 7H, Todd, t3/15; cum --
• 29582, drl, XTO, Satter 21X-1C, Siverston, no production data,

Sunday, April 26, 2015

• 25583, 2,029, Whiting, Moccasin Creed 14-33-28-2H3, Moccasin Creek, t1/15 cum 27K 2/15;
• 27528, 766, Newfield, Sand Creek State 153-96-16-11H, Sand Creek, t1/15; cum 23K 2/15;
• 29047, 1,800, Hess, BB-Belquist-150-95-1110H-12, Blue Buttes, t3/15; cum --
• 29111, drl, Hess, EN-Uran A-154-93-2215H-8, Robinson Lake, no production data,
• 29547, 127 (no typo), Statoil, Field Trust 7-6 2TFH, Todd, 30 stages; 5.5 million lbs sand/ceramic; reached KOP in 32 hours of drilling; took a long time to drill the lateral (36 days or so), several MWD failures; throughout lateral drilling various minor changes were made to their drilling targets, but opinion was that from a geologic point of view, drilling went smoothly with no issues; the majority of the lateral was said to show "poor to fair results"; no production data,
• 29583, drl, XTO, Satter 21X-1F, Siverston, no production data,

Saturday, April 25, 2015

• 24418, SI/IA, HRC, Fort Berthold 148-94-17C-08-3H, no test date,
• 27527, 1,243, Newfield, Sand Creek State 153-96-16-4H, Sand Creek, t1/15; cum 26K 2/15;
• 28788, drl, CLR, Melgaard 4-23H1, Sadler, t10/14; cum --
• 29426, SI/IA, BR, Camel Butte, Teton 5-1-3TFSH, no test date;
• 29641, drl, XTO, Brian 21X-15E, Tioga, t10/14; cum --

*****************************************

27527, see above, Newfield, Sand Creek State 153-96-16-4H, Sand Creek:

Date	Oil Runs	MCF Sold
2-2015	10484	0
1-2015	15827	23

27528, see above, Newfield, Sand Creek State 153-96-16-11H, Sand Creek:

Date	Oil Runs	MCF Sold
2-2015	9105	431
1-2015	12950	37

25583, see below, Whiting, Moccasin Creed 14-33-28-2H3, Moccasin Creek:

Date	Oil Runs	MCF Sold
2-2015	19910	0
1-2015	6636	0

 

***************************************** Active rigs:

	4/27/2015	04/27/2014	04/27/2013	04/27/2012	04/27/2011
Active Rigs	84	182	187	209	174

RBN Energy: Competition Among The US Pipelines

The major re-plumbing of the U.S. crude pipeline distribution network to get 4 MMb/d of new domestic production as well as incremental Canadian barrels delivered to refineries is getting close to completion. The price crash and an expected slow down in production will almost certainly slow the pace of infrastructure development. The result is likely to be intensified competition between rival midstream companies and industry consolidation. Today we look at the larger implications of a small pipeline project in Houston.

A couple of weeks ago (April 14, 2015) Magellan Midstream Partners L.P. (MMP) and TransCanada Corporation announced a 50/50 joint venture project to build a 9 mile 24 inch diameter pipeline connecting TransCanada’s Houston tank terminal to MMP’s East Houston Terminal. The proposed pipeline would allow crude from TransCanada’s Houston Lateral pipeline to reach MMP’s East Houston terminal. The Houston Lateral is a 130 Mb/d pipeline currently under construction from Liberty, TX to Moore Road, Houston that branches off the main 700 Mb/d TransCanada Cushing Marketlink pipeline between Cushing, OK and Nederland, TX (see the map in Figure #1). Both the Cushing Marketlink and the Houston Lateral are part of the TransCanada Gulf Coast Project – aka the southern leg of the Keystone XL pipeline (the northern section of which is still waiting for Presidential approval). The Houston Lateral is expected to be online sometime early in the second half of 2015, delivering mostly Canadian heavy crude to Houston refineries.

The MMP/TransCanada joint venture pipeline linking the Houston Lateral to MMP’s East Houston terminal has greater significance than its short 9-mile length suggests. If built it would provide a critical link in the crowded Houston area crude pipeline distribution system where large Midstream companies are battling it out for a share of the fees and tariffs from 2.3 MMBbl of crude now passing through the region. 

This is not an investment site, but today's post from RBN Energy is very, very important to those interested in any of these big four midstream companies: EPD, Enbridge, TransCanada,and Magellan Midstream Partners.

The RBN Energy post will be archived at the source.