Four Wells Coming Off Confidential List Today -- April 17, 2019

Wells coming off confidential list today -- Wednesday, April 17, 2019: 59 wells for the month; 59 wells for the quarter

• 34313, SI/NC, XTO, Arlene Federal 44X-23B, North Fork, no production data, 
• 33880, drl, Crescent Point Energy, CPEUSC Bennie 6-20-17-157N-99W TFH, Lone Tree Lake, no production data;
• 30910, 1,301, BR, Curtis 24-9 MBH, North Fork, t2/19; cum --;
• 27736, 424, Oasis, McCauley 5601 41-34 6B, Tyrone, t11/18; cum 62K 2/19;

Active rigs (to newbies, anything above 66 active rigs is a very, very bullish sign for the Bakken; below 59 would be concerning):

$64.44	4/17/2019	04/17/2018	04/17/2017	04/17/2016	04/17/2015
Active Rigs	65	59	52	29	93

RBN Energy: the frack sand revolution, part 4. Archived here.

Nowadays, the hydraulic fracturing of a typical Permian well with a 10,000-foot lateral requires about 12,500 tons of frac sand — enough sand to fill more than 500 large sand trucks. That sand needs to be at the ready — delivered, offloaded, stored, and set for blending and use. If it’s not, the well completion and the start of production would be delayed or the hydraulic fracturing process would be shut down after starting — a mortal sin in the shale world. With reliable, seamless access to frac sand at the well site being so critical, E&Ps and their pressure pumpers are understandably doing all they can to optimize their “last-mile” sand logistics. This involves everything from minimizing truck-delivery congestion to maximizing the speed at which sand is transferred from truck to storage, as well as the type of storage used. It’s all much more high-tech than you might think. Today, we conclude our series with a look at the latest in last-mile logistics, which can account for as much as one-third of the total delivered cost of sand.