Thursday, February 28, 2019

Making America Great -- The Rocky Mountain Midstream Build-Out -- RBN Energy -- February 28, 2019

Wells coming off the confidential list today -- Thursday, February 28, 2019: 117 wells for the month; 220 wells for the quarter
  • 33238, SI/NC, Hess, AN-Dinwoodie-153-94-2833H-8, Antelope, no production data,
  • 32720, 2,086, EOG, Austin 43-1113H, Van Hook, middle Bakken, 53 stages, 11 million lbs, t8/18; cum 81K 12/18;
  • 32719, 1,868, EOG, Austin 46-1113H, middle Bakken, Parshall, 45 stages; 9.3 million lbs, t9/18; cum 61K 12/18;
  • 32718, 1,667, EOG, Austin 465-1113H, middle Bakken, Parshall, 45 stages; 9.5 million lbs, t9/18; cum 122K 12/18;
  • 30762, SI/NC, Slawson, Hunter 3-8-17H, Big Ben, no production data,
Active rigs:

$57.112/28/201902/28/201802/28/201702/28/201602/28/2015
Active Rigs67574138119

RBN Energy: a midstream build-out frenzy in the D-J and Powder River. Archived.
The U.S. midstream sector has been on a development binge the past few years, mostly in an effort to catch up — and then keep up — with production growth in the Shale Era’s two premier plays: the Marcellus/Utica in the Northeast and the Permian Basin in West Texas and southeastern New Mexico. What’s sometimes overlooked, however, is that significant numbers of new pipelines, processing plants and other key assets are being built in smaller, lower-profile production areas. The Niobrara’s Denver-Julesburg and Powder River basins are cases in point. Exploration and production activity in the D-J in particular has been soaring, and the resulting gains in crude oil, natural gas and NGL output has been stressing the region’s hydrocarbon-related infrastructure, thus spurring the development of new processing plants and pipelines. Also, interest in the Powder has been renewed — production there has been rebounding after crude-production ups and downs and gas-production declines through the 2010s. Today, we discuss highlights from RBN’s new Drill Down Report on the Niobrara production region.

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