Eight Wells Coming Off The Confidential List -- December 14, 2020

Director's Cut scheduled to be released later this afternoon.

Active rigs:

$47.27	12/14/2020	12/14/2019	12/14/2018	12/14/2017	12/14/2016
Active Rigs	15	53	67	52	40

Eight wells coming off the confidential list:

The A. Johnson wells are tracked here. 

19741: jump in production.

Monday, December 14, 2020: 22 for the month; 78 for the quarter, 743 for the year

• 35730, drl/A, Oasis, A. Johnson 5397 42-33 6T, Banks, t--; cum 65K 10/20; a 24K month;
• 35729, drl/A, Oasis, A. Johnson 5397 42-33 7B, Banks, t--; cum 147K 10/20; a 51K month;
• 35618, drl/A, Oasis, A. Johnson 5397 43-33 8T, Banks, t--; cum 96K 10/20; a 28K month;
• 35614, drl/A, Oasis, A. Johnson 5397 43-33 10B, Banks, t--; cum 88K 10/20; a 28K month;

Sunday, December 13, 2020: 18 for the month; 74 for the quarter, 739 for the year

• 36685, drl/A, Hess, BL-Iverson C-155-96-2314H-6, Beaver Lodge, t--; cum 138K 10/20; a 33K month;
• 35617, drl/A, Oasis, A. Johnson 5397 43-33 9B, Banks, t--; cum 111K 10/20; a 33K month;

Saturday, December 12, 2020: 16 for the month; 72 for the quarter, 737 for the year

• 35591, SI/A, Oasis, Bobby 5502 42-11 4B, Squires, t--; cum 61K 10/20; a 17K month;
• 35590, SI/A, Oasis, Bobby 5502 42-11 5B, Squires, t--; cum 48K 10/20; an 18K month;

RBN Energy: financial results, bankruptcy filings, and mergers separate E&P winners, losers.

Wafting through the late autumn air in November, along with the sharp scent of burning leaves and the cinnamon-tinged aroma of pumpkin pie, was a moderate whiff of optimism for the energy industry’s long-beleaguered exploration and production sector. Equity prices in general were buoyed by news on the efficacy of the COVID-19 vaccines and the prospects of imminent approval that could finally bring the pandemic under control and improve industry fundamentals. E&P stocks, which also benefited from a rebound in third-quarter earnings, recorded the largest monthly gain in history: a 32% rise in the S&P E&P Index. However, their share prices were still down 69% from the 2019 highs and 45% from end-of-last-year levels as oil and gas producers still face a long road to return to “normal.” Today, we analyze the third-quarter earnings of the 40 major E&P companies we track and review the major impacts on the sector since the onset of the pandemic.