Monday, March 15, 2021

Zavanna Reports One Well Today -- March 15, 2021

#2: The US overtook Saudi Arabia as India's second biggest oil supplier in February. Reuters. Link here. Apparently overtook Russia and Saudi Arabia in 2020 supplying France.

Midland: Earthstone begins 2021 drilling program in Midland County, TX -- one rig; 2021 CAPEX of $100 million. Production guidance: 20,000 boepd. 

Bad math: on the way to looking up something else late last night, I noted this. Do you remember that YouTube video in which Brian Williams and a New York Times editor completely blew it doing simple math? That video had millions of views and I posted it a number of times on the blog.

I noted last night that YouTube had removed that video. It was taken down at my posts where I had posted it. I was able to find it again -- this one was posted March 5, 2020 -- so it was one "they" missed -- note it has only 12,000 views over the past year.

Speaks volumes about YouTube. If this one is pulled there are others that are still there and others will be re-posted, but NBC/NY Times/Brian Williams are doing what they can to pull this video. LOL. Other videos that will need to be pulled at this link.

Here's the link. Embedded:

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Back to the Bakken

Active rigs:

$64.69
3/15/202103/15/202003/15/201903/15/201803/15/2017
Active Rigs1455655746

Only one well coming off confidential list today -- Monday, March 15, 2021: 13 for the month, 69 for the quarter, 69 for the year.

  • 37036, F/A, Zavanna, Leopard 20-18 4TFH, Cow Creek, first production, 10/20; t--; cum 91K 1/21; fracked 3/7/20 - 3/17/20; 7.4 million gallons of water; 88.8% water by mass;

RBN Energy: what puts Enterprise Houston, LOOP near top of crude export ranking, part 2

The competition for barrels and the top-spot ranking among the Gulf Coast’s crude oil export terminals is like any good PGA tournament or NASCAR race, with lots of changes in who’s out in front and the ever-present possibility of a surprise — the export-market equivalent of an eagle at the last hole at the Masters or a spin-out and multicar crash on the last lap at the Daytona 500. A couple of years ago, in the first quarter of 2019, the Enterprise Hydrocarbons Terminal in Houston was at the top of the crude-exports leaderboard, followed by Energy Transfer’s Nederland Terminal and Moda Midstream’s facility in Ingleside, TX. Since then, Enterprise has ceded the #1 spot to Moda, volumes out of Nederland have slowed to a trickle, and the Louisiana Offshore Oil Port, with its unique ability to fully load Very Large Crude Carriers, has rocketed to #3. Today, we continue our series on Texas and Louisiana’s oil export facilities with a look at the Gulf Coast’s second- and third-largest terminals by export volume.

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