Whoo-Hoo! The Enerplus Turtle Pad Wells Come Off The Confidential List Today -- March 4, 2020

Active rigs:

$47.86	3/4/2020	03/04/2019	03/04/2018	03/04/2017	03/04/2016
Active Rigs	50	68	59	45	35

Wells coming off the confidential list today -- 

Wednesday, March 4, 2020: 5 for the month; 176 for the quarter, 176 for the year:

• 35099, 710, Oasis, Kellogg Federal 5297 12-30 7B, Banks, t9/19; bcum 141K 1/10;
• 35068, 1,306, Enerplus, Terrapin 152-94-33D-28H, Antelope-Sanish, t9/19; cum 139K 12/19;
• 35067, 326, Enerplus, Box 152-94-33D-28H-TF2, Antelope-Sanish, t9/19; cum 118K 12/19;
• 35066, 372, Enerplus, Painted 152-94-33D-28H, Antelope-Sanish, t9/19; cum 155K 12/19;  

Enerplus Turtle pad: tracked here.

The Oasis Kellogg Federal wells: tracked here. 

RBN Energy: new infrastructure in Texas is driving flow and price changes in the state's gulf coast gas markets, part 2.

Given that Permian natural gas prices are once again hovering under $0.50/MMBtu, Texas’s other gas markets get little attention these days. That doesn’t mean that major shifts in the Lone Star State’s natural gas supply and demand markets aren’t occurring outside of West Texas, however. In fact, it’s quite the contrary, particularly when it comes to the Houston Ship Channel gas market. There, major changes — new gas pipelines, pipeline reversals and new LNG trains — continue to influence flows and prices. Today, we provide an update on the latest in gas infrastructure changes along the Texas coast and their potential impacts on the region’s supply and demand balance.

RBN Eergy: Augustus crude pipeline advances Lotus Midstream's broader Permian plan.

The new, large-diameter crude oil pipelines coming online between the Permian Basin and the Gulf Coast grab all the headlines.

They wouldn’t be nearly as valuable to producers, however, if it weren’t for a number of other, smaller projects being developed in West Texas to transport large volumes of crude from major gathering systems and storage hubs to these new takeaway pipelines.

A case in point is Lotus Midstream’s recently unveiled Augustus Pipeline project, which will use a combination of new and existing pipe to initially transport up to 150 Mb/d of West Texas Intermediate (WTI), West Texas Light (WTL) and West Texas Sour (WTS) from Midland to Crane. When Augustus starts flowing late this year, crude delivered to the Crane hub could flow into the Longhorn Pipeline to Houston, or maybe the EPIC Crude or Gray Oak pipelines to Corpus Christi. Today, we discuss Lotus’s planned Midland-to-Crane project, and its significance for Midland Basin producers and the pipe’s owner/developer.