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Tuesday, September 10, 2019

North Dakota Rig Count Back Up To 64 -- September 10, 2019

Making America great: for first time ever, most new working-age hires in the US are people of color -- Washington Post, today.  Democrat response (see comments at linked article):
  • Bernie: resist!
  • Buttigieg: change course!
  • Beto: re-set!
  • Biden: what just happened? We need to get back to "normal."
WTI: rising. 

Vitol Group sees unprecedented uncertainty.

LNG: almost half of new global small-scale liquefaction to be built in North America. Should reach 7,900 ktpa by 2023. "KTPA" = thousand tonnes per annum. We've been through this before. As recently as yesterday.

Texas: may get its first renewable diesel plant.

RBN Energy: Corpus Christi crude oil exports surge to a record.
Despite last month’s much-publicized start-up of two new crude oil pipelines from the Permian Basin to the Gulf Coast — Plains All American’s Cactus II and EPIC Crude Holding’s EPIC Pipeline — tangible evidence of how much crude is actually moving on those pipelines has been hard to come by. That’s because crude oil pipelines don’t post daily flow data, like some natural gas pipelines do, and shipper volumes are a closely held secret that often only becomes available long after the fact.
However, Cactus II and EPIC both deliver into the Corpus Christi, TX, market area, where a number of export facilities have been waiting to move Permian barrels out into the global market. We’ve been keeping a close eye on Corpus-area docks and have noticed a significant increase in export volumes over the last few days — a clear indication that Permian crude on Cactus II and EPIC has broken through to the global market. Today, we detail a recent rise in Corpus Christi oil export volumes driven by new supply from the Permian Basin.
Active rigs:

$58.509/10/201909/10/201809/10/201709/10/201609/10/2015
Active Rigs6466553770

Wells coming off the confidential list today -- Tuesday, September 10, 2019: 31 for the month; 163 for the quarter:
  • 35976, 1,311, Newfield, Sturgeon 150-99-18-19-11H, South Tobacco Garden, t7/19; cum 25K over 22 days;
  • 35953, SI/NC, RimRock, Two Shields Butte 5-7-8-8H3, Heart Butte, no producing data,
  • 35755, SI/NC, XTO, Tom State 34X-1EXH, Alkali Creek, no producing data,
  • 35517, SI/NC, Hess, EN-Perso-156-94-1102H-4, Big Butte, no producing data,
  • 32981, 76 (no typo), BR, State Dodge 2C TFH, Dimmick Lake, t5/19; cum 46K over 35 days;

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