$49.10 | 5/26/2017 | 05/26/2016 | 05/26/2015 | 05/26/2014 | 05/26/2013 |
---|---|---|---|---|---|
Active Rigs | 50 | 29 | 84 | 191 | 186 |
RBN Energy: regional sand mines for fracking starting to pick up in Texas.
- drilling longer laterals, 10,000-15,000 feet or even longer
- using more frac sand per linear foot of lateral: 1,500 pounds of sand per linear foot has become typical, and completions with 2,000 pounds and even 3,000 pounds of sand per linear foot are becoming more common
I don't capture them all but I try to remember to update the list of high-intensity fracks in the Bakken at at this post.
Gasoline prices:
Gasoline prices heading into Memorial Day weekend average $2.40 per gallon (gal) nationally, up from last year's price of $2.30/gal.
Despite the year-over-year increase, 2017 marks the second-lowest price ahead of the Memorial Day weekend since 2009, when the national average price of retail regular gasoline was $2.31/gal.
Relatively low crude oil spot prices, weaker year-over-year gasoline demand, and high gasoline inventories have contributed to relatively low gasoline prices. --- EIA
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.