Whiting Reports One Well Today -- November 20, 2020

Active rigs:

$41.65	11/20/2020	11/20/2019	11/20/2018	11/20/2017	11/20/2016
Active Rigs	15	55	62	56	39

One well coming off the confidential list today -- Friday, November 20, 2020: 23 for the month; 47 for the quarter, 712 for the year

• 35711, drl/A, Whiting, Renbarger 24-34-1H, Grinnell, t--; cum 38K 34 days; fracked, 3/27/20 - 4/7/20; 5.98 million gallons of water; 87% water by mass;
  

RBN Energy: proposed rail line could transport oil sands crude to Alaska and beyond.

For most of the past few years, crude oil producers in Alberta have dealt with pipeline constraints that often forced them to sell their crude at steep discounts. While the constraints eased somewhat earlier this year as producers reduced their output due to cratering oil demand and oil prices, production more recently has been rebounding, resulting in the return of takeaway concerns. The big hope is that long-planned pipeline projects like the Trans Mountain Expansion (TMX) and Keystone XL will finally be built and commissioned, but they still face legal and regulatory hurdles before being completed. Lately, a different option has gained momentum focusing on a proposed rail line linking Alaska to the immense oil sands region of northern Alberta, potentially creating another corridor for the export of oil sands crude. Today, we describe recent developments in a bold plan to build a rail line from Alberta, across northern Canada, and into Alaska.

Living in Alaska or northern Canada may offer the advantage of being closer to Santa Claus, but it has the clear disadvantage of being remote and isolated. Rugged terrain and bitter cold conditions for a good portion of the year make the transportation of goods even more challenging in such regions (unless you have flying reindeer and a sleigh). For these reasons, an intercontinental railway connecting Canada to Alaska has been kicked around since the late 1960s as a means to foster economic development by transporting the mineral and energy resources Western Canada and the north have to offer.