Four Wells Come Off The Confidential List Today -- October 29, 2019

Active rigs:

$55.08	10/29/2019	10/29/2018	10/29/2017	10/29/2016	10/29/2015
Active Rigs	59	66	53	34	69

Four wells coming off confidential list today -- Tuesday, October 29, 2019: 94 for the month; 94 for the quarter:

• 35282, 1,515, Enerplus, Blackberry 149-93-21B-22H, this well is tracked here; Mandaree, t4/19; cum 101K 8/19;(#22748 with jump in production)
• 35281, 1,401, Enerplus, Boxwood 149-93-21B-22H-TF, this well is tracked here; Mandaree, t4/19; cum 78K 8/19;
• 34923, 1,520, CLR, Collison 12-23H1, the Collison wells are tracked here; Avoca, t5/19; cum 106K 8/19;
• 29376, SI/NC, Hess, EN-Chamley-156-93-0508H-6, Baskin, no production data,

RBN Energy: an insider's look at the ins and outs of international LPG trading.

U.S. LPG export volumes have climbed to astronomical levels this year. Almost 60% of U.S. propane production, or about 1.3 MMb/d on average so far in 2019, along with a sizable volume of butane, is being shipped to overseas markets, mostly to Asia. 

As anyone who’s talked shop with an LPG trader knows, international trading of propane and butane (collectively LPGs — Liquified Petroleum Gas) is a wild, roller-coaster kind of business. But how exactly does it all work? How do the players involved acquire the volumes, cut the deals with export dock owners, arrange for shipping and sell the cargoes to buyers? And, most importantly, how do these shippers make money? Today, we begin a series on international LPG trading that looks behind the curtain and drills down into the nuances that make the difference between success and failure in this traditionally opaque world.