UK border re-opens: link here.
It will only get better under Biden: US 2020 exports to China through November, 2020, 26% higher than in 2019.
COP: from yesterday -- announces significant oil discovery in the Norwegian Sea. This marks the fourth successful well on the Norwegian Continental Shelf in the last sixteen months. Link at SeekingAlpha. And, today, again at SeekingAlpha: this discovery highlights the strength of this company.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
***************************************
Back to the Bakken
Active rigs:
$47.89 | 12/23/2020 | 12/23/2019 | 12/23/2018 | 12/23/2017 | 12/23/2016 |
---|---|---|---|---|---|
Active Rigs | 14 | 56 | 69 | 53 | 41 |
One well coming off the confidential list today --
Wednesday, December 23, 2020:
- 37213, drl/A, Hess, TI-Nelson-LE-157-94-3031H-1, Pleasant Valley, t--; cum 91K 10/20; fracked 4/18/20 - 4/29/20; 11 million gallons of water; 89.7% water by mass; no neighboring wells of interest; initial production --
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 10-2020 31 18151 18177 18576 26685 24582 2103 BAKKEN 9-2020 30 22777 22724 37110 31560 30328 1232 BAKKEN 8-2020 27 17760 17789 30276 27385 19273 8112 BAKKEN 7-2020 31 23117 23067 37151 31375 25845 5530 BAKKEN 6-2020 8 8700 8606 13131 9396 8107 1289
RBN Energy: imports remain key to Rockies and West Coast refiners' crude slates, part 5. Archived.
PADDs 4 and 5 — the Rockies and the West Coast regions, respectively — are each outliers in the U.S. refining sector. Refineries in the Rockies, for example, are generally far smaller than those in other PADDs and, due to pipeline flows, source their crude oil from either Western Canada, the Bakken, or in-region production, including the Niobrara and Utah’s Uinta Basin. West Coast refineries, in turn, have no crude oil pipeline links with U.S. points to the east, and depend on a mix of imported crude from Canada, Latin America, and the Middle East, as well as domestic oil from California, Alaska, and rail receipts. Today, we conclude a series on region-by-region crude oil imports and refinery crude slates with a look at PADDs 4 and 5.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.