- oil supertankers fetch astronomical rates, Bloomberg, March 17, 2020;
- Saudis to push oil exports to 10 million bopd, Rigzone, March 17, 2020;
- Saudi Arabia: a fight for survival, contributor over at oilprice, March 15, 2020; will be re-posted as a stand-alone post;
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Back to the Bakken
Active rigs:
| $25.08 | 3/18/2020 | 03/18/2019 | 03/18/2018 | 03/18/2017 | 03/18/2016 |
|---|---|---|---|---|---|
| Active Rigs | 56 | 65 | 58 | 47 | 32 |
Wells coming off the confidential page -- Wednesday, March 18, 2020: 41 for the month; 212 for the quarter, 212 for the year:
- 36857, drl, Resonance Exploration, Resonance Greene 15-23H, Wildcat, a Madison well; t--; cum --;
- 36301, SI/NC, BR, Renegade 34-15TFH-R, Sand Creek, t--; cum --;
- 36143, A, CLR, Uhlman Federal 10X-7H, Banks, t--; cum 72K 1/20; 70K in 1/20; see production data below;
- 35161, A, CLR, Uhlman Federal 9-7H1, Banks, t--; cum 28K 1/20;
- 34850, SI/NC, CLR, Pittsburgh 7-18H1, Banks, t--; cum 28K 1/20;
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Early Production Data For CLR Wells Reporting Today
36143, 33-053-08964: middle Bakken, 11.4 million gallons of water; 89.1% water by mass; friction reducer, 0.06068; fracked 7/25/19 - 8/7/19:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 1-2020 | 31 | 69939 | 69768 | 48960 | 95650 | 93645 | 1855 |
| BAKKEN | 12-2019 | 1 | 1930 | 1882 | 1345 | 2522 | 2475 | 10 |
| BAKKEN | 11-2019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 10-2019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 9-2019 | 4 | 439 | 439 | 1974 | 694 | 0 | 6 |
35161, 33-053-08641, first bench, Three Forks, 9 million gallons of water; 89.1% water by mass; 0.06778, friction reducer;fracked 8/17/19 - 8-27-19:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 1-2020 | 28 | 27884 | 27818 | 67753 | 47758 | 46755 | 928 |
| BAKKEN | 12-2019 | 1 | 839 | 818 | 2256 | 1478 | 1450 | 6 |
| BAKKEN | 11-2019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 10-2019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 9-2019 | 4 | 239 | 239 | 3639 | 599 | 0 | 599 |
34850, 33-053-08509, first bench, Three Forks, 9.7 million gallons of water; 89.4% water by mass, 0.05923, friction reducer; fracked, 6/3/19- 6/21/19:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 1-2020 | 31 | 26770 | 26707 | 50043 | 40135 | 39293 | 779 |
| BAKKEN | 12-2019 | 2 | 834 | 813 | 1591 | 1054 | 1035 | 4 |
| BAKKEN | 11-2019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 10-2019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 9-2019 | 4 | 435 | 435 | 2301 | 493 | 0 | 493 |