Six Wells Come Off The Confidential List Today -- July 1, 2020

OPEC basket: link here, $38.22. Up slightly overnight.

************************************

Back to the Bakken

Active rigs:

$39.26	7/1/2020	07/01/2019	07/01/2018	07/01/2017	07/01/2016
Active Rigs	11	60	67	58	30

Wells coming off the confidential list today -- Wednesday, July 1, 2020: 6 for the month; 6 for the quarter, 451 for the year:

• 37046, drl/drl, CLR, Simmental Federal 11-16H2, Elm Tree, no production data,
• 36821, drl/drl, WPX, Omaha Woman 24-13-12HZ, Squaw Creek, no production data,
• 36787, drl/A, Kraken, Double Eagle 33-3-3TFH, Sanish, t--; cum 88K after four months;
• 36786, drl/A, Kraken Double Eagle 33-3 2H, Sanish, t--; cum 146K after four months; 48K month;
• 35728, SI/A, Oasis, Joplin 5397 41-32 2B, Banks, t--; cum 176K after four months; 50K month;
• 35727, SI/A, Oasis, Joplin 5397 41-32 3T, Banks, t--; cum 121K after four months;

RBN Energy: the pipelines that transport diluent to the oil sands, part 3.

Producers in Alberta’s oil sands have been through good times and bad times the past few years. Sure, there’s been a lot of growth in output since 2010. But they’ve also seen wildfires that forced one-third of production offline. And pipeline takeaway constraints that sent prices tumbling and spurred government-imposed production cutbacks. And lately, they’ve been struggling through a global pandemic that slashed crude-oil demand and led to further curtailments. Despite it all, producers and the province of Alberta are hopeful about an oil sands rebound, and shippers are optimistic that they can source an increasing share of the diluent they would need to transport bitumen from Western Canada. There’s good news on that front: there appears to be plenty of diluent pipeline capacity already in place between Alberta’s diluent hubs and its oil sands production areas. Today, we continue our series by exploring the major pipeline systems that distribute diluent supply to the oil sands.