Twelve Wells Might Come Off The Confidential List Today -- Inshallah -- November 18, 2019

Wells coming off the confidential list today -- but we probably won't see results until later this week -- lots going on in Bismarck this week --

Monday, November 18, 2019: 61 for the month; 156 for the quarter:

• 35605, 1,308, Whiting, Sylte 24-10-2H, Tyrone, t6/19; cum 65K 9/19;

Sunday, November 17, 2019: 60 for the month; 155 for the quarter:

• 36039, SI/NC, WPX, White Owl 32-29HY, Eagle Nest, no production data,
• 35835, 852, Kraken, Richard 19-20 1TFH, Sanish, t6/19; cum 95K 9/19;
• 35576, 2,018, CLR, Carus 9-28H, Cedar Coulee, t7/19; cum 99K 9/19;
• 34722, 565, Oasis, Mildred Nelson 5298 12-25E 7T, Elidah, t5/19; cum 132K 9/19;

Saturday, November 16, 2019: 56 for the month; 151 for the quarter:

• 36030, SI/NC, RimRock, Skunk Creek 12-10-11-9H3B, South Fork, no production data,
• 35575, 1,397, CLR, Carus 8-28H1, Cedar Coulee, t8/19; cum 79K 9/19;
• 34884, SI/NC, Hess, AN-Norby-152-94-0409H-2, Antelope,, no production data,

Friday, November 15, 2019: 53 for the month; 148 for the quarter:

• 36040, SI/NC, WPX, White Owl 32-29HC, Eagle Nest, no production data,
• 36031, SI/NC, RimRock, Skunk Creek 12-10-11-16H, South Fork, no production data,
• 34883, SI/NC, Hess, AN-Norby-152-94-0409H-3, Antelope, no production data,
• 29923, 1,411, Oasis, O M Erickson 5501 44-7 7B, Missouri Ridge, t5/19; cum 97K 9/19;

Active rigs:

$57.21	11/18/2019	11/18/2018	11/18/2017	11/18/2016	11/18/2015
Active Rigs	56	63	56	38	65

RBN Energy: US gulf coast refiners adjust to the Venezuela sanctions.

In February 2019, the U.S. Treasury Department announced new sanctions on Petróleos de Venezuela SA (PDVSA), the national oil company of Venezuela, which halted imports of Venezuelan crude oil into the U.S. Since then, refineries that relied on Venezuelan crude have had to backfill their import requirement with alternative sources of oil. This adjustment has had ramifications not only on the refiners that processed Venezuelan crude, but also on the entire U.S. Gulf Coast crude oil market. Today, we discuss the quality adjustments made to the U.S. crude oil die