US Shale Oil Plays Should Report New Record Production This Summer -- EIA -- June 18, 2019

Drilling productivity report: released yesterday, June 17, 2019 -- EIA predicts another record-breaking production report for North Dakota for June.  

• all four shale oil plays should report an increase in new-well production per rig; the Bakken could increase from 1,409 bopd to 1,413 bopd -- the highest among the four plays -- 
• compare that 1,413 in the Bakken with only 698 in the Permian
• predicted oil production per day by region
• Permian: 4.171 million bopd
• Bakken: 1.428 million bopd
• Eagle Ford: 1.393 million bopd
• Anadarko: 561,000 bopd
• DUCs by region (May, 2019)
• Permian: almost 4,000
• Eagle Ford: 1,500
• Anadarko: 1,000
• Bakken:700 

Boeing: in dire straits. From zerohedge. 

Great writing. From Powerline. Agree completely -- even TCM is political. But that doesn't keep me from watching. The writer calls out Eddie Muller for his left-liberal perspective, but Ben Mankiewicz is even worse.

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Back to the Bakken

Wells coming off confidential list today -- Tuesday, June 18, 2019: 64 for the month; 253 for the quarter;

• 34658, SI/NC, Petro-Hunt, USA 153-95-3A-10-4H, Charlson, no production data,
• 34605, SI/NC, Slawson, Wolverine Federal 8-31-30H, Elm Tree, no production data,
• 34240, 504, Oasis, Nelson 5298 422-23 5T, Banks, t1/19; cum 82K 4/19;
• 33651, 1,429, CLR, Ransom 6-30H1, Elidah, t12/18; cum 102K 4/19;

The "parent uplift" phenomenon: next to #33651, this well:

• 19824, 1,683, BR, Ransom 44-31H, Elidah, t5/11; cum 204K 4/19;

Production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2019	30	5171	5377	3219	11112	10452	586
BAKKEN	3-2019	28	5610	5519	3579	11136	11045	21
BAKKEN	2-2019	16	2603	2552	1767	4647	4607	0
BAKKEN	1-2019	24	2703	2307	3410	3668	3608	0
BAKKEN	12-2018	30	2891	3007	5148	4837	4763	0
BAKKEN	11-2018	17	834	459	5686	1618	1576	0
BAKKEN	10-2018	0	0	0	0	0	0	0
BAKKEN	9-2018	0	0	0	0	0	0	0
BAKKEN	8-2018	0	0	0	0	0	0	0
BAKKEN	7-2018	5	72	0	338	55	42	1
BAKKEN	6-2018	0	0	0	0	0	0	0
BAKKEN	5-2018	0	0	0	0	0	0	0
BAKKEN	4-2018	1	38	236	0	15	15	0
BAKKEN	3-2018	0	0	0	0	0	0	0
BAKKEN	2-2018	1	0	0	0	15	13	0
BAKKEN	1-2018	31	961	1155	605	2230	2155	0
BAKKEN	12-2017	31	1315	1175	451	2436	2359	0

Active rigs:

$51.87	6/18/2019	06/18/2018	06/18/2017	06/18/2016	06/18/2015
Active Rigs	62	64	57	28	78

RBN Energy: more on the changes coming to Texas gulf coast, part 2.

This much seems clear: natural gas demand along Texas’s Gulf Coast will be rising sharply, as will gas supply from the Permian and other inland plays to the coast. The catch is that, like clumsy dance partners, the increases in demand — mostly from new liquefaction/LNG export terminals and Mexico-bound gas pipelines — and the incremental supply to the coast via new, large-diameter pipes from the Permian are likely to be out of sync. That shifting imbalance, in turn, may well cause volatility in Houston Ship Channel gas prices as they relate to Henry Hub. In fact, we’re already seeing signs of what’s to come. Today, we continue our look at upcoming gas infrastructure expansions and their potential impact on the greater Texas Gulf Coast gas supply-demand balance.

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Increased Atmospheric CO2 Leading To Lush Texas Foliage