Waiting For Initial Production Data For 8 Wells -- January 29, 2020

Active rigs:

$53.78	1/29/2020	01/29/2019	01/29/2018	01/29/2017	01/29/2016
Active Rigs	54	64	57	38	45

Wells coming off confidential list today: 
Wednesday, January 29, 2020: 99 for the month; 99 for the quarter, 99 for the year:

• 36467, drl, WPX, Skunk Creek 23-14HT, Mandaree,
• 36025, 45 (no typo), Whiting, White 43-33-2TFH, Sanish, 4 sections, t--; cum --;
• 35851, drl, XTO, FBIR Stephen 21X-19E, Heart Butte,
• 35850, drl, XTO, FBIR Stephen 21X-19B, Heart Butte,
• 32110, 2,993, CLR, Boulder Federal 9-4H1, Banks, t9/19; cum 109 11/19; a 44K month;

Tuesday, January 28, 2020: 94 for the month; 94 for the quarter, 94 for the year:

• 36466, drl, WPX, Skunk Creek 23-14HD, Mandaree, 
• 35886, 452, Liberty Resources Management, Morgen 158-93-20-17-2TFH, East Tioga, t8/19; cum 50K 11/19;
• 35619, 638, Whiting, Fladeland 44-9-3H, Sanish, t8/19; cum 74K 11/19;

RBN Energy: assessing midstream company performance after a decade of record investment.  Archived. I've been alluding to this over the past few weeks, one example. From the linked RBN Energy blog:

After a decade in which unprecedented upstream production growth triggered massive investment in infrastructure to get crude oil, natural gas and NGLs to market, 2020 is a major inflection point for the U.S. midstream industry.

The good news is that after peaking at a whopping $37 billion in 2019, midstream capital expenditures are forecast to steeply decline over the next few years as the lion’s share of the infrastructure needed to gather, transport, process, and store current and expected hydrocarbon volumes has already been built or is nearing completion. And, despite continued cutbacks in capex by exploration and production companies, output is still forecast to rise in 2020, which should boost earnings growth for the midstream sector. But all midstream companies aren’t alike, and the prospects for individual entities vary widely because of the specific basins and hubs where they’ve decided to build, acquire, expand or divest. Today, we analyze the headwinds and tailwinds these companies will experience, and how their decisions over the past few years will help determine their prospects..