The US Department of Energy has authorized the Energia Costa Azul LNG export project in northwest Mexico to re-export US pipeline gas as LNG to countries that do not have free trade agreements with the US.
The DOE on 29 March issued two 20-year non-FTA export licenses to ECA, which is owned by Mexico City-based Infrastructure Energetica Nova, which in turn is 66.43 percent owned by San Diego-based Sempra Energy.
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Back to the Bakken
Wells coming off the confidential list today -- Wednesday, April 3, 2019: 14 wells for the month; 14 wells for the quarter
- 35499, SI/NC, RimRock Oil & Gas, MC MHA 24-10HU, Moccasin Creek, no production data,
- 35390, SI/NC, Newfield, Dahl 150-98-3-8-8HLW, Siverston, no production data,
| $62.60 | 4/3/2019 | 04/03/2018 | 04/03/2017 | 04/03/2016 | 04/03/2015 |
|---|---|---|---|---|---|
| Active Rigs | 62 | 58 | 48 | 29 | 94 |
RBN Energy: the frack sand revolution, part 3. Archived, along with parts 1 and 2.
A primary focus of E&Ps during the Shale Era has been driving down the cost of drilling and completing wells — doing so lowers producers’ break-even costs and increases their profitability. With the volumes of frac sand being used in the Permian and many other plays having grown dramatically in the past five years, a big push is on not only to minimize the cost of the sand itself, but to maximize the efficiency of sand delivery and sand management at the well site. All this has been spurring E&Ps to assume responsibility from oilfield service companies for the frac sand supply chain — anything from directly sourcing the sand to managing “last-mile” logistics. Today, we continue our series on the rapidly changing frac-sand world, this time concentrating on producers’ growing involvement in sand procurement and management.
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