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;

• 34093, 379, Oasis, Nelson 5298 13-26 10B, 50 stages, 6.1 million lbs, Banks, t1/19; cum 105K 4/19; the Oasis Nelson wells are tracked here;
• 32893, 1,151, CLR, Colter 10-14H, 48 stages, 10.2 million lbs, Bear Creek, a 50K+/month well; t3/19; cum 105K 4/19; the Colter wells in Bear Creek are tracked here;
  

Active rigs:

$58.15	6/25/2019	06/25/2018	06/25/2017	06/25/2016	06/25/2015
Active Rigs	62	65	58	30	76

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:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2019	23	24335	24464	24359	31784	27360	4167
BAKKEN	3-2019	31	55454	55563	47677	75235	73013	1865
BAKKEN	2-2019	10	23499	23145	18734	25096	23956	1140
BAKKEN	1-2019	0	0	0	0	0	0	0
BAKKEN	12-2018	7	1807	1807	12328	2222	0	2222

34093:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2019	30	31966	32020	20674	82114	79511	2393
BAKKEN	3-2019	31	32754	32998	23637	103993	100848	3145
BAKKEN	2-2019	28	22541	22346	31592	68669	67982	491
BAKKEN	1-2019	31	16142	16091	45980	54622	42742	11663
BAKKEN	12-2018	15	1895	1770	10509	13960	0	13960