Four Wells Coming Off Confidential List Today -- May 24, 2019

Wells coming off confidential list today -- Friday, May 24, 2019:

• 35360, conf, Hunt, Halliday 146-92-19-18H-5, Werner, no production data.
• 35318, SI/NC, MRO, Gartland USA 31-16H, Reunion Bay, no production data,
• 35299, SI/NC, WPX, Minot Grady 26-35HT, Squaw Creek, no production data,
• 34905, SI/NC, Hess, SC-JCB-154-98-1720H-8, Truax, no production data,

Active rigs:

$58.54	5/24/2019	05/24/2018	05/24/2017	05/24/2016	05/24/2015
Active Rigs	64	65	49	28	82

RBN Energy: WPX and Howard Energy Partners' Permian crude gathering system, part 6.

On its surface, the development of small-diameter crude oil gathering pipeline systems in the Permian may seem like a ho-hum topic. In fact, though, these systems are at the heart of critically important strategies to ensure the reliable, low-cost flow of crude to multiple takeaway pipelines out of the basin, and thereby enhance the oil’s value and minimize financial risk.

A case in point is the 50-mile-plus, 100-Mb/d-capacity gathering system that a producer/midstreamer joint venture has been building in the Delaware Basin along the Texas/New Mexico line. Today, we continue our series on Permian gathering systems with a look at WPX Energy and Howard Energy Partners’ new pipes in New Mexico’s Eddy County and Texas’s Loving and Reeves counties.

Previously discussed:

• the recently announced Beta Crude Connector, a 100-mile-plus, 150-Mb/d gathering system that a joint venture of Concho Resources and Frontier Energy Services is developing in the Midland Basin to serve Concho and other producers
• another Midland-area system: Reliance Gathering’s 185-Mb/d pipeline network, which was originally developed to serve the affiliated producer Reliance Energy, but which has since undergone a number of expansions to serve other producers too
• the San Mateo Midstream’s crude gathering systems in the Delaware Basin — one in Eddy County, NM, and the other in Loving County, TX (the same areas we’ll be zeroing in on today) — and its plans for two new systems on the New Mexico side of the state line
• the Medallion Midstream’s fast-growing, 1,000-mile crude oil gathering/header system in the Midland (which provides access to firm shippers serving 20 producers) and its 116-mile Delaware Express gathering/shuttle system in the southern Delaware
• the approximately 200-mile Midland Basin gathering system that refiner Delek US has been developing to deliver locally produced crude to Delek’s Big Spring, TX, refinery — and others.