Tuesday, June 25, 2019

WTI Above $58; Oasis, CLR Each Report A Nice Well -- June 25, 2019

Note: still on the road -- a cross-country trip. Blogging will be minimal. 

Wells coming off confidential list today -- Tuesday, June 25, 2019: 76 for the month; 265 for the quarter;
Active rigs:

$58.156/25/201906/25/201806/25/201706/25/201606/25/2015
Active Rigs6265583076

RBN Energy: Northeast gas takeaway capacity vs production in 2019.
The Northeast gas market has come a long way since 2013, when it first began net exporting gas supply to the rest of the U.S. The past several years were marked by dozens of pipeline expansions to relieve takeaway constraints and to balance oversupply conditions in the region; as a result, takeaway capacity is finally outpacing production growth. How much spare capacity is there now, and how long will it be before production growth hits the capacity wall again? Today, we continue our series on Northeast gas takeaway capacity vs. production, this time examining the utilization of pipes in the Northeast-to-Gulf Coast corridor.
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The Wells Coming Off Confidential List Today

32893:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN4-20192324335244642435931784273604167
BAKKEN3-20193155454555634767775235730131865
BAKKEN2-20191023499231451873425096239561140
BAKKEN1-20190000000
BAKKEN12-201871807180712328222202222

34093:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN4-20193031966320202067482114795112393
BAKKEN3-2019313275432998236371039931008483145
BAKKEN2-2019282254122346315926866967982491
BAKKEN1-201931161421609145980546224274211663
BAKKEN12-201815189517701050913960013960

2 comments:

  1. It's a pain how RBN chops up the stories and then the older parts of current one go behind a paywall. Yeah, gift horse mouth...

    ReplyDelete
    Replies
    1. You are correct. Frustrating. The entire post is left up for a day or so, I think, and then comes down.

      Delete

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