Four Wells Coming Off The Confidential List Today -- September 26, 2019

IM-SO 2020: this is quite incredible. All that talk about no/low-sulfur fuel for ocean-going tankers; no one prepared. Solution found, and just in time: ships will simply burn unrefined sweet crude oil. Problem solved. Bloomberg has the story. Gonna drive faux environmentalists bonkers. Gotta love it. Winners:

• Kraken, off the UK coast
• west Africa
• Australia
• Brazil, not mentioned in the Bloomberg article, but see graphic below

"Types" of crude oil, see these posts:

• starting point
• great graphic, from RBN Energy

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Back to the Bakken

Four wells coming off the confidential list today -- Thursday, September 26, 2019: 68 for the month; 200 for the quarter:
35897, conf,  Slawson, Slasher Federal 5-27-22TFH, 
35552, conf,  Hess, SC-Barney-154-98-1819H-7, 
35551, conf,  Hess, SC-Barney-154-98-1819H-6,
34909, conf, Nine Point Energy, Eckert Foundation 152-102-22-15-7H, 

Active rigs:

$56.43	9/26/2019	09/26/2018	09/26/2017	09/26/2016	09/26/2015
Active Rigs	59	66	59	34	71

RBN Energy: Delaware Basin producers, midstreamers scramble to add crude gathering pipelines. Archived.

There already are indications that newly available takeaway-pipeline capacity out of the Permian Basin is goosing crude oil production growth there. Flows on those new pipes — Plains All American’s Cactus II and the EPIC system — are ramping up, crude exports are setting new records, and the end of big price discounts for oil at Midland versus Cushing and the Gulf Coast are giving Permian producers an economic incentive to produce more. And more takeaway capacity is on the way, including the 900-Mb/d Gray Oak Pipeline, which is slated to come online in the fourth quarter. Fast-rising production is putting new pressure on producers and their midstream partners to build and expand crude gathering systems and shuttle pipelines — especially in the Permian’s Delaware Basin, which has a lot less gathering pipe in the ground than the Midland Basin and which is poised for phenomenal production growth the next few months and years. Today, we discuss highlights from our second Drill Down Report on Permian gathering systems, this one focusing on developments in the fast-growing Delaware Basin in West Texas and southeastern New Mexico.