Monday, October 18, 2021

No New Permits; Enerplus Reports Two Completed DUCs -- October 18, 2021

Say what? Germany depends on Russia for its natural gas supply and Germans want more natural gas from Russia, less obstacles, but not through Nord Stream 2. The North Stream 2 pipeline cannot be approved because of the EU Gas Directive. Link here

According to Russian PM Alexander Novak additional gas supplies need talks and contracts. 
Interestingly, Novak also said there is no actual gas shortage in Europe despite lower than normal storage facility fill rates. 
This was echoed by German energy minister Peter Almeier, who said that gas storage in the country was 75 percent full and that Germany was not dependent on Russia for its gas supply.

Energy 101: two reasons European natural gas prices climbed so high. Link to Leonary Hyman & Williams Tilles.   

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Back to the Bakken

Active rigs:

$82.44
10/18/202110/18/202010/18/201910/18/201810/18/2017
Active Rigs2816617055

No new permits.

Two producing wells (DUCs) reported as completed
:

  • 36417, 1,659, Enerplus, Wm Polar 157-101-25A-36-4B,
  • 26415 1,551, Enerplus, Wm Polar 157-101-25A-36-2B,

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