Two More Enerplus Turtle Pad Wells Coming Off Confidential List Today -- March 5, 2020

Active rigs:

$46.88	3/5/2020	03/05/2019	03/05/2018	03/05/2017	03/05/2016
Active Rigs	50	69	61	45	35

Two wells coming off confidential list today -

Thursday, March 5, 2020: 7 for the month; 178 for the quarter, 178 for the year:

• 35064, 687, Enerplus, Hawksbill 152-94-33D-28H, 39 stages; 13.7 million lbs; Antelope-Sanish, t9/19; cum 122K 1/20;
• 35063, 1,291, Enerplus, Tortoise 152-94-33C-28H-TF1, 42 stages; 10 million lbs; Antelope-Sanish, t9/19; cum 165K 1/20;

The Enerplus Turtle pad is tracked here. 

RBN Energy: the outlook for 2020 western Canadian natural gas supplies.

Unlike most natural gas producing jurisdictions in North America facing a pullback in drilling and capital spending, producers in Western Canada appear to be doing the opposite and lining up for a year of rising production, higher average prices and additional pipeline capacity from producing basins. In short, 2020 should be a year in which supplies in the region mount a comeback after the dismal down year for supplies — and prices — that characterized 2019. A good part of that supply and pipeline capacity growth optimism has to do with a major pipeline expansion out of the Montney Basin in northeastern British Columbia that just recently entered service.

Dubbed the North Montney Mainline and operated by Canada’s largest gas pipeline company, TC Energy, this vital piece of new pipeline egress from one of the most prolific unconventional gas basins in North America is setting up Western Canadian gas supplies for recovery in 2020 and beyond. Today, we continue our series with a look at what this may portend for gas supplies this year.

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Early Look At The Two Enerplus Turtle Pad Wells 

Coming Off Confidential List Today

 35064, conf, Enerplus, Hawksbill 152-94-33D-28H, Antelope-Sanish:

Date	Oil Runs	MCF Sold
1-2020	8801	0
12-2019	12442	11596
11-2019	26911	32332
10-2019	51857	38521
9-2019	22316	7912

 35063, conf, Enerplus, Tortoise 152-94-33C-28H-TF1, Antelope-Sanish:

Date	Oil Runs	MCF Sold
1-2020	30986	0
12-2019	31268	29141
11-2019	24902	29917
10-2019	42647	31680
9-2019	34929	12384

The graphics: