Monday, October 21, 2019

Ten Wells Coming Off The Confidential List Today, Weekend -- October 21, 2019

Ten wells coming off the confidential list today -- Monday, October 21, 2019: 70 for the month; 70 for the quarter:
  • 36324, 198, BR, CCU Burner 1A TFH, Corral Creek, t8/19; cum 3K over 5 days;
  • 33786, SI/NC, Crescent Point Energy, CPEUSC Lloyd 6-27-34-157N-100W MBH, Marmon, no production data, 
Sunday, October 20, 2019: 68 for the month; 68 for the quarter:
  • 35210, 1,512, Whiting, Moline 21-14-1TFH, Tyrone, t5/19; cum 71K 8/19;
Saturday, October 19, 2019: 67 for the month; 67 for the quarter:
  • 36019, SI/NC, WPX, Bison 27-34HX, Squaw Creek, no production data,
  • 35396, 391, Hess, RS-Aadnes-157-91-2829H-2, Ross, t9/19; cum --;
  • 34973, 1,343, CLR, Rader 5-24H1, Avoca, t7/19; cum 39K in 56 days;
  • 34944, 1,604, Whiting, Moline 44-10-1H, Tyrone, t5/19; cum 80K 8/19;
  • 33785, SI/NC, Crescent Point Energy, CPEUSC Elena 2-22-15-157N-100W MBH, Marmon, no production data,
  • 33025, IA/n/d, CLR, Hereford Federal 10-17H1, Elm Tree, producing;1,304 bbls over five days in 4/19; and then shut in;
  • 31968, SI/NC, Petro-Hunt, Klevmoen Trust 153-95-17D-7-4H, Charlson, no production data,
Active rigs:

$53.7010/21/201910/21/201810/21/201710/21/201610/21/2015
Active Rigs6271543468

RBN Energy: new crude pipeline capacity out of the Cushing hub, part 2.
Every so often, there’s talk that the crude oil hub in Cushing, OK, isn’t as important as it used to be. Don’t believe it. Want proof that Cushing is alive and well? Consider the growing list of pipeline projects into and out of the hub that have been coming online or advancing to final investment decisions, as well as the efforts to push Cushing’s storage capacity toward the 100-MMbbl mark. Midstream companies have committed to building more than 800 Mb/d of new pipeline capacity from Cushing to other hubs and to refineries, and another 1.6 MMb/d of capacity is in the pre-FID development stage. Today, we conclude a mini-series on recent developments at the Oklahoma oil hub with a look at storage expansions, new Cushing players, and outbound pipeline projects.

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