Monday, May 13, 2019

Only Three Wells Coming Off Confidential List Over The Weekend, Monday -- May 13, 2019

Mideast refiners: scrambling to find crude oil to replace that lost from Iran and Venezuela. Link here

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Back to the Bakken

Wells coming off the confidential list this weekend, Monday --

Monday, May 13, 2019: 38 wells for the month; 132 wells for the quarter
  • 35302, SI/NC, Hess, BL-Domy-156-95-2932H-6, Beaver Lodge;
Sunday, May 12, 2019: 37 wells for the month; 131 wells for the quarter
  • 34550, 389, EOG, Austin 411-2919H, 36 stages; 9 million lbs, Parshall, t11/18; cum 35K 3/19; not as good a well as one would expect by EOG in the Parshall;
Saturday, May 11, 2019: 36 wells for the month; 131 wells for the quarter
  • 35303, SI/NC, Hess, BL-Domy-156-95-2932H-7, Beaver Lodge;
Active rigs:

$62.345/13/201905/13/201805/13/201705/13/201605/13/2015
Active Rigs6660512783

RBN Energy: crude oil and NGL export challenges at the Port of Houston.
The Houston Ship Channel (HSC) is one of the busiest shipping lanes in the U.S. Each year, thousands of vessels utilize the waterway, importing and exporting goods ranging from pharmaceutical products to what the Census Bureau classifies as “Leather Art; Saddlery Etc.; Handbags Etc.; Gut Art”. More to the point of today’s blog: over 10 million tons of energy products move through the channel each month. But as ships grow ever larger, the ports and canals that service them must also adapt to be able to handle their increased dimensions. The Houston Ship Channel now finds itself in a situation where it must adapt to meet increasing market demands. Today, we continue our series on the issues facing some Texas ports and the measures being taken to help alleviate them.

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