Ten Wells Coming Off The Confidential List -- Another Boom? -- August 20, 2019

ND vs Norge: link sent to me by a reader from Norway -- link here, data points:

• Norwegian production, June, 2019:
• oil, NGL, and condensate: 1,409,000 bpd
• crude oil: 1,067,000 bpd
• NGL: 315,000 bpd 
• condensate: 28,000 bpd
• a decrease of 184,000 bpd compared to May 
• natural gas sales: 9.4 billion standard cubic meters
• crude oil production in June;
• North Dakota: 1.424625 million bbls
• Norway: 1.067 million bopd
• North Dakota: 34% more oil production than Norway in the month of June, 2019

Wells coming off the confidential list today -- Tuesday, August 20, 2019: 54 for the month; 101 for the quarter:

• 35936, SI/NC, XTO, Badlands Federal 21X-13AXD, North Fork, no production data,
• 34873, IA, CLR, Ravin Federal 2-1HSL, 4 sections; Dimmick Lake, t--; cum --;
• 34792, SI/NC, WPX, Sweet Grass Woman 22-15HY, 
• 34180, IA, CLR, Ravin 12-1H2, Dimmick Lake, t--; cum --;
• 34179, IA, CLR, Ravin 11-1H, Dimmick Lake, t--; cum --;
• 34178, IA, CLR, Ravin 10-1H1, Dimmick Lake, t--; cum --;
• 34154, 990, Oasis, Nelson 5298 14-26 12BX, Banks, t3/19; cum 115K 6/19;
• 34153, 658, Oasis, Nelson 5298 14-26 11TX, Banks, t3/19; cum 68K 6/19;
• 32398, SI/NC, Slawson, Atlantis Federal 5-34-35MLH, Big Bend, no production data,
• 26802, SI/NC, XTO, Cole 44X-32G, Siverston; no production data;

Active rigs:

$55.98	8/20/2019	08/20/2018	08/20/2017	08/20/2016	08/20/2015
Active Rigs	63	58	53	32	75

Note rig count: second highest count in past five years for this date.

RBN Energy: an update on Marcellus / Utica natural gas processing and fractionation.

Natural gas production in the U.S. Northeast has been increasing steadily through the 2010s and now averages about 32 Bcf/d — 12% higher than last August and nearly double where it stood five years ago — despite the lowest regional spot gas prices since early 2016. This run-up in production volumes wouldn’t have been possible without the new gas-processing and fractionation capacity that MPLX and other midstream companies have been bringing online at a steady pace in the “wet” or NGLs-rich parts of the Marcellus and Utica shales. Today, we begin a short blog series on recently completed and planned gas-processing and fractionation projects in the nation’s largest gas-producing region, and the gas production growth they will help enable.

Maybe ND officials should visit the Marcellus / Utica to better understand how to handle growing production of natural gas.