What, me worry? $123 billion of
offshore projects
may be green lighted this year (2019).
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Back to the Bakken
Anticipation: the main purpose of the blog -- the reason I started the blog in the first place -- was to better understand the Bakken. This is going to be a huge, huge week -- we may learn a lot about the Bakken this week. See these posts:
Wells coming off confidential list --
Monday, January 7, 2018:
33752,
708, Oasis, Crane Federal 5300 34-27 9B,
50 stages; 10 million lbs, large white sand/ceramic, Willow Creek; t7/18;
cum 94K 11/18;
Sunday, January 6, 2018:
34977,
1,767, Hess, EN-Dobrovolny A-155-94-2413H-8,
60 stages; 8 million lbs large/medium sand, Manitou, t10/18;
cum 11/18;
34976,
1,600, Hess, EN-Dobrovolny A-155-94-2413H-9,
60 stages; 8.4 million lbs large/medium sand; Manitou, t10/18;
cum 30K 11/18;
32799,
1,873, EOG, Clarks Creek 24-0706H,
59 stages; 19 million lbs 100 mesh sand; Clarks Creek; t6/18;
cum 228K 11/18;
32798,
1,744, EOG, Clarks Creek 107-0706H,
57 stages; 18.5 million lbs 100 mesh sand, Clarks Creek; t7/18;
cum 175K 11/18;
32797,
conf, EOG, Clarks Creek 72-0706H, Clarks Creek; a huge well;
30889,
SI/NC, Oasis, Stenberg 5199 11-9 9B, Poe, no production data;
Saturday, January 5, 2018:
34990,
SI/NC Petroshale, Horse Camp West 2MBH, Mandaree, producing;
34975,
1,719, Hess, EN-Dobrovolny A-155-94-2413H-9,
60 stages; 8.4 million lbs large/medium sand, Manitou, t10/18;
cum 23K 11/18;
33431,
SI/NC MRO, Birds Bill USA 41-2TFH, Reunion Bay, no production data,
Active rigs:
| $49.09 | 1/7/2019 | 01/07/2018 | 01/07/2017 | 01/07/2016 | 01/07/2015 |
|---|
| Active Rigs | 63 | 54 | 39 | 54 | 166 |
RBN Energy:
are more US LPG export terminals needed?
Way back in 2012, the U.S. flipped from being a net LPG importer to a
net exporter. Since then, exports by ship have skyrocketed, up from 0.3
MMb/d in 2013 to more than 1.1 MMb/d at year-end 2018, an astronomical
compound annual growth rate (CAGR) of 30%. The vast majority of
waterborne exports was out of a handful of LPG terminals along the Gulf
Coast. These facilities — plus Ferndale in the Pacific Northwest and
Marcus Hook near Philadelphia — so far have managed to handle the
increasing flow of LPG, but with U.S. NGL production still rising, it
looks like new export capacity is needed — and is on the way. All the
while, imports of LPG, almost all from Canada, have remained relatively
flat, averaging only 130 Mb/d in the 2013-18 period. Today, we begin a
series on existing and planned LPG export capacity along the Gulf, West
and East coasts — and what’s driving the build-out of these assets.
***********************************
I Had My Camera Ready When I Showed Sophia
The Most Recent Jobs Report
The jobs report:
here,
here, and,
here.
Tag: Sophia's surprise.
