Monday, May 15, 2017

Monday -- May 15, 2017

Poll: it's going to be close. Results of the poll in which we  asked whether WTI would hit $50 by Memorial Day. With only two weeks to go, and with WTI surging overnight, it's time to close the poll. The resuts, will WTI hit $50 by Memorial Day, 2017?
  • Yes: 45%
  • No: 55%
Active rigs:

Active Rigs512783191194

WTI: $49.55.

RBN Energy: series continues on takeaway capacity in the Marcellus / Utica.

Fracking solutions in the Bakken: of the 72 most recent wells that have come off the confidential list, not including any completed DUCs:
  • average number of stages: 37
  • average amount of proppant (generally sand only): 7.0 million lbs
  • compare to stories coming out of the Permian 
  • disclaimer: I know I have not captured all the wells that have come off the confidential list since I started compiling the list on March 4, 2017; some file reports have not scanned the data yet; most laterals are long laterals but EOG is still completed some short laterals; but this llittle exercise gives me an idea of what operators are doing in the Bakken with regard to fracking

No comments:

Post a Comment