Three Wells Coming Off The Confidential List Today -- Tuesday, February 12, 2019

Wells coming off the confidential list today -- Tuesday, February 12, 2019: 46 wells for the month; 149 wells for the quarter

• 34671, drl, Hess, GO-Bergstrom 156-98-2833H-2, Wheelock, no production data,
• 33103, n/d, CLR, Sakakawea Federal 11-19H1, Elm Tree, t--; cum --;
• 29403, n/d, Oasis, Seattle Federal 5200 42-35 7B, Camp, t--; cum--;

Active rigs:

$53.69	2/12/2019	02/12/2018	02/12/2017	02/12/2016	02/12/2015
Active Rigs	63	58	36	41	137

RBN Energy: Golden Pass FID heats up race for US LNG exports. Pretty cool. We've been following the Golden Pass export terminal pretty closely on the blog.

The dam has broken on the “second wave” of U.S. LNG export projects. ExxonMobil and Qatar Petroleum last week announced a final investment decision on their joint venture liquefaction and export project — called Golden Pass Products — at the brownfield site of the Golden Pass LNG terminal on the Texas side of the Sabine-Neches Waterway. That’s a skipping stone’s throw from Cheniere Energy’s Sabine Pass LNG and Sempra Energy’s Cameron LNG terminals on the Louisiana side of the Gulf of Mexico outlet, as well as a number of other second-wave contenders. With construction slated to begin late next month, the Golden Pass project expects to become operational and begin taking feedgas by 2024. Today, we provide an update on Golden Pass, its potential feedgas needs and how it will be supplied.

2019 is set to be a pivotal year for U.S. LNG exports. Not only is it looking to be a watershed period for liquefaction capacity additions from the first wave of export projects that are already under construction and due online over the next couple of years but it’s also likely to be a milestone year for the second wave of North American export projects as they race toward FIDs. We are tracking 24 of these mostly pre-FID projects, 18 of them along the coastlines of the contiguous U.S.