Friday, November 22, 2019

Four Wells Coming Off The Confidential List Today -- Whether They Get Posted Or Not -- That's Another Story -- November 22, 2019

How not to run a country. No propane. Canada rail strike triggers emergency propane shortage in Quebec. Canada is perhaps one of the most natural-resource-rich country in the world.

Got coal? China is going to burn a lot of it.

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Back to the Bakken

Active rigs:

$58.7311/22/201911/22/201811/22/201711/22/201611/22/2015
Active Rigs5762543665

Wells coming off the confidential list today -- Friday, November 22, 2019: 76 for the month; 171 for the quarter:
  • 35908, SI/NC, WPX, Beaver 22-21HX, Squaw Creek, no production data,
  • 35259, SI/NC, Hess, BB-Olson-150-95-09H-8, Blue Buttes, no production data,
  • 31614, 20 (no typo but typical of BR), BR, Hefer 8-8-20 UTFH-ULW, Elidah, t9/19; cum --;
  • 29920, 1,377, Oasis, O M Erickson 5501 43-7 5B, Missouri Ridge, t5/19; cum 88K 9/19;
RBN Energy: are SCOOP and STACK the crude oil plays that couldn't? Archived.
Crude oil production in the Permian grew steadily through the 2010s and now tops 4.5 MMb/d — five times what it was at the start of the decade. Production in the Bakken and the Denver-Julesburg (D-J) Basin sagged when crude prices plummeted in 2014-15, but both regions chugged their way back, with output setting new records every month or two in 2018-19. SCOOP and STACK are another story. Only a year or two ago, many producers and others were talking up the neighboring crude-focused plays in central Oklahoma as the next big thing, maybe even a Sooner State Permian. But while SCOOP/STACK production increased through 2018, it’s been flat or falling ever since, and most producers there have been slashing their drilling activity. Today, we look at recent developments in the once-hot region.

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