There Will Be Very Little Blogging This Morning -- See More Later This Afternoon -- June 26, 2018

A reminder to newbies: I post results of wells coming off the confidential list at "new wells reporting." I do this almost every day without exception (of course, the weekend data doesn't come out until Monday. The "new wells reporting" is linked at the sidebar at the right.

Today for example:

Tuesday, June 26, 2018: 170 wells for the month; 259 wells for the quarter

34190, SI/NC, Missouri River Resources, FBIR Packineau 14X-4F HTF,  Squaw Creek, no production data, 

32095, IA, CLR, Candee 7-9H, Chimney Butte, barely producing, API: 33-025-03042; fracked 3/12/17 - 3/27/17 -- 7.97 million lbs; 83.44% water; I've seldom seen this phenomenon before -- a well coming off confidential status, that has been fracked but frack report not in the file report; and the well goes immediately to IA; nothing in the well file that I could see to explain this; two other Candee wells in immediate area are great wells and are producing very, very nicely; were off line for a very short period of time while #32095 was being fracked;

This is entirely anecdotal; I have done no statistical analysis. More and more wells (as a percentage) coming off confidential list are going directly to DUC status.  And, very, very interestingly, there has been a sudden drop-off any any reports of DUCs being completed. Those numbers were always small, usually one or two every couple of days, but recently I have not seen any.

• I have a hunch why this is occurring, but not ready for prime time. Maybe I'll talk about it later. Hint: strategic planning by operators
• price of oil going forward
• refineries at 97% operating capacity