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BRK: Dow up over 120 points; Dow hits 29,000, all time high and BRK-B pulls back. Both AAPL and Wells Fargo are down today.
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Back to the Bakken
Active rigs:
| $58.46 | 1/14/2020 | 01/14/2019 | 01/14/2018 | 01/14/2017 | 01/14/2016 |
|---|---|---|---|---|---|
| Active Rigs | 51 | 67 | 55 | 36 | 51 |
Six wells coming off confidential list today -- Tuesday, January 14, 2020: 41 for the month; 41 for the quarter; 41 for the year:
- 36400, SI/NC, Rimrock, Two Shields Butte 3-24-12-3H, Mandaree, no production data,
- 35690, SI/NC, BR, Tailgunner 1E MBH, North Fork,
- 35503, 1,504, CLR, Weisz 5-11H1, Pleasnt Valley, t11/19; cum 27K in 24 days;
- 35117, 502, Oasis, Kellogg Federal 5297 11-30 3T, Banks, t7/19; cum 57K 11/19; 26K month;
- 35022, 361, Lime Rock, Anderson 13-24-2TFH, Alger, t7/19; cum 47K 11/19; 15K month;
- 34829, drl, Hess, HA-Nelson A-LE-152-95-3427H-1, Hawkeye,
Occidental Petroleum’s recent acquisition of Anadarko Petroleum made Oxy the #1 producer in the Denver-Julesburg (D-J) Basin and gave it a majority stake in Western Midstream Partners, which owns crude-gathering and other midstream assets in the D-J, the Permian and the Marcellus.
While Western Midstream’s gathering focus had been on helping Anadarko meet its own midstream needs, Oxy sees the partnership taking on a broader role as a provider of gathering services to third parties as well. Toward that end, Oxy and Western Midstream a few days ago announced a series of agreements designed to allow Western Midstream to operate as an independent company. Today, we continue a series on crude-related infrastructure in the D-J with a look at Western Midstream’s gathering and related assets owned in part by the basin’s largest oil, natural gas and NGL producer.
