No Wells Coming Off Confidential List Today -- October 16, 2020

OPEC basket, link here: $41.29.

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Back to the Bakken

Director's Cut to be released later today: link here. 

Active rigs:

$40.41	10/16/2020	10/16/2019	10/16/2018	10/16/2017	10/16/2016
Active Rigs	16	60	69	58	31

No wells coming off the confidential list today.

RBN Energy: crude oil export volumes hold up despite a barrage of storms. 

Last week, Hurricane Delta became the latest of a string of hurricanes and tropical storms that have assaulted the Gulf Coast this year and disrupted energy production in the Gulf of Mexico — and energy exports. A number of major storms made direct hits or glancing blows to crude export centers like Corpus Christi, Houston, Beaumont, and Louisiana, forcing marine terminals to either slow down their carrier-loading operations or shut down for a few days at a time.

That led to a yo-yoing of weekly export volumes: way down one week, way up the next. Despite the short-term dislocations, however, total export volumes since the hurricane season started on June 1 are actually up slightly from the first five months of 2020, a testament to the resilience not only of the export market but to the marine terminals themselves. Today, we discuss how hurricanes and tropical storms have been affecting export-terminal activity.