Hess Reports Two New Bakken Wells On Christmas Day -- 2020

 Active rigs: 

$48.23	12/25/2020	12/25/2019	12/25/2018	12/25/2017	12/25/2016
Active Rigs	13	56	69	53	41

Two wells coming off the confidential list, Christmas Day, 2020, --

Friday, December 25, 2020:

• 36682, drl/NC,  Hess, BL-Iverson C-155-96-2314H-9, 33-105-05252, Beaver Lodge, first production, 6/20; t--; cum 64K 10/20; fracked 5/15/20 - 5/21/20; 8.2 million gallons of water; 86.2% water by mass;
  
• 36531, drl/A, Hess, EN-Sorenson B-LW-155-94-3527H-2, 33-061-04499, Alkali Creek, first production, 6/20; t--; cum 81K 10/20; fracked 3/2/20- 3/11/20; 6.5 million gallons of water; 84.1% water by mass;
  

RBN Energy: Pembina follows midstream expansion spree with financial discipline. Archived.

To succeed over the long term in the music business, professional sports, or the midstream sector, you need to learn from your successes and failures, and — most important — continue adapting and evolving. For many North American midstreamers, a key to success has been a thoughtful combination of expansion and diversification, plus an affinity for financial discipline, especially when the broader energy industry is going through tough, uncertain times. A prime example of that strategy is Canadian midstreamer Pembina Pipeline Corp., which after C$14 billion in acquisitions over the last four years is instituting a more cautious approach to new investment that’s largely based on self-funding and a new, more rigorous return criteria for new projects. Today, we preview our new Spotlight report, which focuses on the risks and rewards of Pembina’s new strategy.