What A Great Christmas Gift -- RBN Energy Focuses On The Bakken; Fifteen Wells Coming Off The Confidential List -- Christmas Eve, 2019

RBN Energy: how ONEOK's new Elk Creek NGL pipeline makes things better in the Bakken. Archived.

Much as production growth in the Permian required the development of new pipeline capacity to take away crude oil, natural gas and NGLs, increasing activity in the Williston Basin has spurred the need for incremental capacity to move all three of the energy commodities out of western North Dakota and eastern Montana.

For NGLs, the recent start-up of ONEOK’s Elk Creek Pipeline has been the answer to producers’ prayers — not just in the Williston Basin (home of the Bakken formation), but also in the Rockies’ Powder River and the Denver-Julesburg (D-J) basins, through which the new, 240-Mb/d pipeline passes on its way to Bushton, KS.

Elk Creek’s timing couldn’t have been better: it came online just as a number of new gas processing plants entered commercial service in the Williston Basin, and just in advance of possible BTU restrictions on the all-important Northern Border gas pipeline that may force cutbacks in ethane rejection. Today, we explain why the Elk Creek NGL Pipeline helps resolve a number of challenges Bakken producers have been facing.

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The Bakken: Active Rigs And Wells Coming Off Confidential List

Active rigs:

$60.72	12/24/2019	12/24/2018	12/24/2017	12/24/2016	12/24/2015
Active Rigs	56	69	53	41	62

Wells coming off the confidential list, Tuesday, December 24, 2019:


Tuesday, December 24, 2019: 76 for the month; 281 for the quarter:

• 35903, conf, Slawson, Orca Federal 1 SLH,
• 35570, conf, Whiting, Anderson 11-7-2TFH, 
• 35569, conf, Whiting, Anderson 11-2H, 
• 35120, conf, Oasis, Nordeng 5298 13-25 9T, 
• 34837, conf, Enerplus, Homer 149-93-33D-28H-TF,
• 34774, conf, Enerplus, Ancho 148-94-11C-2H, 

Monday, December 23, 2019: 70 for the month; 275 for the quarter:

• 36524, conf, Slawson, Challenger Federal 9-29-32H, 
• 36173, conf, XTO, Lavern 42X-14H,
• 35902, conf, Slawson, Tempest Federal 1 SLH,

Sunday, December 22, 2019: 67 for the month; 272 for the quarter:

• 36172, conf, XTO, Lavern 42X-14CXD, 
• 34838, conf, Enerplus, Hera 149-93-33D-28H,
• 30178, conf, Slawson, Diamondback 1 SLH, 

Saturday, December 21, 2019: 64 for the month; 269 for the quarter:

• 36171, conf, XTO, Lavern 42X-14BXC, 
• 35901, conf, Slawson, Slasher Federal 722-27 MLH, 
• 34746, conf, Oasis, Nordeng 5298 13-25 8B,