Apparently I MIssed The Move -- Some Say Oil Soared On Venezuela Coup Attempt -- May 1, 2019

 WTI: "oil soars on Venezuela coup attempt." -- Oilprice. I guess a similar story in the US but with regard to the stock market.

WTI, pre-market, one day after the attempted coup: down 0.34% or trading about $63.69

S& P 500, implied open: up 8.5 points.

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Back to the Bakken

Wells coming off the confidential list today -- Wednesday, May 1, 2019: 5 wells for the month; 100 wells for the quarter

• 35010, SI/NC, Hess Bakken Investments II, LLC, CA-Ferguson Smith-LE-155-95-3031H-1, Capa no production data;
• 34875, dry, Armstrong Operating, Undlin 17-22, target: Madison; wildcat; about two miles southeast of Grano, ND (see below);
• 34465, 787, CLR, Peterson 7-29H1, East Fork, t1/19; cum 21K 41 days;
• 34406, 838, Lime Rock, Lamey 3-30-31H-143-96L, Fayette, t11/18; cum 59K 2/19;
• 30540, SI/NC, Slawson Exploration Company, Inc., Jeriyote 8-5-32MLH, Big Bend, no production data,

Grano is a city in Renville County, North Dakota, United States.

The population was seven at the 2010 Census, tying Bergen as the second least populous incorporated place in North Dakota (Ruso was the least populous). Grano was founded in 1905 along the Soo Line Railroad branch line running east from Kenmare across the northern portion of North Dakota. Several unconfirmed explanations exist regarding how the town got its name.

The CLR Peterson wells are temporarily tracked here.

Early production numbers for wells coming off the confidential list this week. If not production listed, it means that no production was posted at that time or it was so low to be inconsequential.

Active rigs:

$63.69	5/1/2019	05/01/2018	05/01/2017	05/01/2016	05/01/2015
Active Rigs	64	61	49	29	86

RBN Energy: more US LNG export projects moving toward FID.

The cascade of LNG export project news continues. In the past week, yet another “second-wave” U.S. LNG export project — NextDecade’s Rio Grande LNG — cleared FERC’s environmental review process. That follows news of three other projects that received their environmental approvals this month; plus two other projects — Tellurian’s Driftwood LNG and Sempra’s Port Arthur LNG — got final FERC authorization to construct their facilities, should they make the financial commitment to proceed; and, finally, plans for a brand new export terminal, Venture Global’s Delta LNG, were unveiled. All in all, there are more than 20 announced projects totaling 235 MMtpa (~35 Bcf/d) that are looking to catch the second wave of U.S. LNG exports in the next decade. The timing of their regulatory approvals and final investment decisions will determine, in part, when this next wave — or shall we say tsunami — of export demand will materialize. Today, we wrap up our second-wave LNG project update series with a look at the progress made by some of the remaining projects that we’re tracking.