Three Wells Coming Off Confidential List Today -- July 31, 2019

Wells coming off the confidential list today -- Wednesday, July 31, 2019: 49 for the month; 49 for the quarter;

• 35273, IA/2,405, CLR Carson Peak 5-35H2, 4 sections, 41 stages (modest), 11.3 million lbs (a lot), Oakdale, t6/19; cum 2K after 4 days; inactive right now;
• 34582, 309 (no typo), Enerplus, Komodo 151-94-17A-20H-TF, 41 stages (modest), 12 million lbs (a lot), Sanish, t1/19; cum 121K 5/19;
• 31470, SI/NC, Sinclair, Uran 6-15TFH, Sanish, no production data,

Active rigs:

$58.32	7/31/2019	07/31/2018	07/31/2017	07/31/2016	07/31/2015
Active Rigs	58	63	61	35	74

RBN Energy: Permian crude producers brace for a deluge of produced water. Archived.

It’s been an exciting and productive few years for Permian producers, but it’s also been a period fraught with challenges. Dealing with a mid-decade crash in crude oil prices. Struggling to improve yields from the Wolfcamp, Bone Spring and other hydrocarbon-rich formations to lower breakeven costs. Coping with major pipeline takeaway constraints — for crude and natural gas — and the resulting price discounts. Now, the challenge of produced water has come to the fore. Horizontal wells in some parts of the Permian generate six, eight, even 10 barrels of produced water per barrel of crude, and all of it needs to be either disposed of or treated. The volumes are enormous, the permitting and logistics mind-boggling, and the costs — well, you can imagine. Today, we consider the Permian’s produced-water conundrum as crude and gas production volumes ramp up. Warning!: Today’s blog is a blatant advertorial for new reports by B3 Insight on Permian produced water.

Crude oil production in the Permian now averages more than 4 MMb/d, and natural gas output tops 10 Bcf/d — extraordinary numbers. Over the next few months, new pipeline capacity (most of it from West Texas to the Gulf Coast) will reduce and then eliminate takeaway constraints that have plagued Permian producers for a year or two now, and enable production growth to accelerate. The catch is that, as production of crude (and associated gas) speeds up, so will the volumes of produced water generated.