MRO Reports Another Typical Marathon Bakken Well In Reunion Bay -- April 1, 2021

I'm still here. I replied to a reader's comment:

You can tell I'm getting more frustrated, irritated, snarky, cynical as the week goes on. This has been a horrible week for me with regard to working internet / wi-fi issues with Spectrum. 

The good news: I now have some of the best internet / wi-fi resources and at substantially lower prices. The secret: switched from Spectrum to another carrier. I love Spectrum, have been with them for years, but every ten years or so, I suppose, it's important to see if things in that part of the world has changed. LOL. I will be back to normal next week. But I love my new internet / wi-fi / new provider / and so much less expensive. 

WTI: up 3.7%; up $2.19/bbl. Trading at $61.35.

******************************
Back to the Bakken

Active rigs:

$61.35	4/1/2021	04/01/2020	04/01/2019	04/01/2018	04/01/2017
Active Rigs	13	43	65	60	50

One well coming off the confidential list -- Thursday, April 1, 2021: 1 for the month, 1 for the quarter, 82 for the year:

• 37403, A/AL, MRO, Standfest USA 42-8H, Reunion Bay, first production, t--; cum 190K 2/21; the "Standfest pad" wells are tracked here. Even the skeptics / cynics are admitting these are pretty awesome wells.
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2021	28	37394	37356	18144	67384	65089	2057
BAKKEN	1-2021	31	37512	37486	19975	47976	45692	2077
BAKKEN	12-2020	21	30168	30189	17736	36569	34745	0
BAKKEN	11-2020	11	25088	25173	19693	32424	30871	0
BAKKEN	10-2020	20	59973	59501	49539	71840	63257	5026

RBN Energy: propane inventory build imperiled by pull of exports to Asia. Why am I not worried? Should I be?

Wow, what a ride! That’s what came to mind yesterday as the 2020-21 propane season drew to its official end. But the excitement and uncertainty aren’t over, folks. Not by a long shot. Propane exports are still running sky-high; end-of-season inventories are at the low end, with a whopping 2-MMbbl withdrawal number in EIA’s stats yesterday; and a backwardated forward curve is not doing anything to encourage U.S. marketers and midstreamers to rebuild stocks.  We get it — no one wants to think about next winter yet, just as spring is really springing. But still, you’ve got to wonder, could the dynamics that have been roiling the propane market be setting us up for skinny inventories and price spikes in the 2021-22 propane season? Today, we examine the challenges facing the propane market over the next few months.

Re-posted by the NDIC: it's still wrong --