Fifteen Wells Coming Off Confidential List -- April 15, 2019

Wells coming off confidential list today and over the weekend --

Monday, April 15, 2019: 55 wells for the month; 55 wells for the quarter
34315, conf, XTO, Arlene Federal 44X-23F,
30911, conf, BR, Saddle Butte 24-9 TFH,
30860, conf, BR, Rollacleetwood 11-27MBH ULW,

Sunday, April 14, 2019: 53 wells for the month; 53 wells for the quarter
35036, conf, Liberty Resources, Double-R N 158-94-34-33-1TFH, White Earth, a nice well; 
34985, conf, XTO, Roxy 21X-6EXH, West Capa, , no production data,
34501, conf, EOG, Austin 74-1929H, Parshall, producing,
34316, conf, XTO, Arlene Federal 44X-23G, North Fork, no production data,
33688, conf, Crescent Point Energy, CPEUSC Nelson 2-19-18-157N-99W MBH, Lone Tree Lake, no production data,
32929, conf, Sinclair Oil, Sinclair State 7-36H, Robinson Lake, no production data,

Saturday, April 13, 2019: 47 wells for the month; 47 wells for the quarter
34986, conf, XTO, Roxy 21X-6AXD, West Capa, no production data,
34317, conf, XTO, Arlene Federal 44X-23D, North Fork, no production data,
33937, conf, Petro Harvester Operating, PTL2 4-16 163-92D, Portal, no production data,
33687, conf, Crescent Point Energy, CPEUSC Nelson 2-30-31-157N-99W MBH, Lone Tree Lake, no production data,
31500, conf, Petro-Hunt, USA 153-95-1B-7-7H, Charlson, no production data,
30744, conf, Oasis, McCauley 5501 14-4 8BX, Tyrone, a nice well;

Active rigs:

$63,26	4/15/2019	04/15/2018	04/15/2017	04/15/2016	04/15/2015
Active Rigs	63	61	51	29	91

RBN Energy: negative Permian prices a positive for some.

It’s said that everything is bigger and better in Texas, and when it comes to the magnitude of negative natural gas prices, the Lone Star State recently captured the crown by a wide margin. By now, you’ve probably heard that Permian spot gas prices plumbed new depths in the past couple of weeks, falling as low as $9/MMBtu below zero in intraday trading and easily setting the record for the “biggest” negative absolute price ever recorded in U.S. gas markets. Certainly, that was bad news for many of the Permian producers selling gas into the day-ahead market. But every market has its losers and winners, and negative prices were likely “better” — dare we say much better — for those buying gas in the Permian. Today, we look at some of the players that are benefitting from negative Permian natural gas prices.