Wells Coming Off The Confidential List This Next Week -- April 21, 2019

Monday, April 29, 2019: 92 wells for the month; 92 wells for the quarter
34552, conf, EOG, Austin 414-2919H, Parshall, a nice well;
34551, conf, EOG, Austin 112-2919H, Parshall, a nice well;
34498, conf, EOG, Austin 85-1929H, Parshall, a nice well;
29799, conf, Zavanna, George 19-30 4H, Stockyard Creek, no production data,

Sunday, April 28, 2019: 88 wells for the month; 88 wells for the quarter
34499, conf, EOG, Austin 75-1929H, Parshall, a nice well;
34496, conf, EOG, Austin 85-1929H, Parshall, a nice well;
34464, conf, CLR, Peterson 6-29H, East Fork, a nice well;
33879, conf, Crescent Point Energy, CPEUSC David 3-29-32-157N-99W MBH, Lone Tree Lake, no production data,
35205, conf, Slawson, Stallion Federal 5 SLTFH, Big Bend, no production data,
34861, conf, MRO, Atkinson USA 31-17TFH, Reunion Bay, no production data,

Saturday, April 27, 2019: 82 wells for the month; 82 wells for the quarter
34784, conf, Nine Point Energy, Missouri 152-103-4-2-2H, Eightmile, a nice well;
35206, conf, Slawson, Stallion Federal 1 SLH, Big Bend, no production data,
34862, conf, MRO, Turkey Feet USA 41-17TFH, Reunion Bay, no production data,

Friday, April 26, 2019: 79 wells for the month; 79 wells for the quarter
34463, conf, CLR, Peterson 5-29H1, East Fork, a nice well;
34462, conf, CLR, Peterson 4-29H, East Fork, a nice well;

Thursday, April 25, 2019: 77 wells for the month; 77 wells for the quarter
34310, conf, Crescent Point Energy, CPEUSC Bennie 9-20-17-157N-99W-LL TFH, Lone Tree Lake, no production data,
35323, conf, MRO, Driftwood USA 41-17H, Reunion Bay, no production data,

Wednesday, April 24, 2019: 75 wells for the month; 75 wells for the quarter
34309, conf, Crescent Point Energy, CPEUSC David 10-29-32-157N-99W-LL TFH, Lone Tree Lake, no production data,
34214, conf, Whiting, Periot 24-20TFH, Dollar Joe, a nice well;

Tuesday, April 23, 2019: 73 wells for the month; 73 wells for the quarter
None.

Monday, April 22, 2019: 73 wells for the month; 73 wells for the quarter
34949, conf, Kraken, Jefferson 31-30 2H, Corinth, a nice well;
34948, conf, Kraken Operating, Jefferson 31-30 1TFH, Corinth, a nice well;
33875, conf, Crescent Point Energy, CPEUSC David 2-29-32-157N-99W MBH, Lone Tree Lake, no production data,

Sunday, April 21, 2019: 70 wells for the month; 70 wells for the quarter
33876, conf, Crescent Point Energy, CPEUSC Bennie 5-20-17-157N-99W TFH, Lone Tree Lake, no production data,
34785, conf, Nine Point Energy, Missouri 152-103-4-2-3H, Eigthmile, a nice well;
34461, conf, CLR, Peterson 3-29H1, East Fork, a nice well;

Saturday, April 20, 2019: 67 wells for the month; 67 wells for the quarter
34295, conf, Petro-Hunt, USA 154-95-36D_35-3H, Charlson, no production data,
33877, conf, Crescent Point Energy, CPEUSC David 6-29-32-157N-99W TFH, Lone Tree Lake, no production data,
27666, conf, Whiting, Periot 44-20HU, Dollar Joe, a very nice well;

Friday, April 19, 2019: 64 wells for the month; 64 wells for the quarter
34460, conf, CLR, Peterson 2-29HSL, East Fork, producing, a nice well;
33878, conf, Crescent Point Energy, CPEUSC Bennie-2-20-17-157N-99W MBH, Lone Tree Lake, no production data,

Update On Washington State CBR -- April 21, 2019

Updates

April 21, 2019: From  The Daily Caller, last summer:

More than 56 percent of the crude oil received by California refineries were extracted in foreign countries, according to California Energy Commission data.

California, once the third-largest oil state, is now more reliant than ever on foreign oil. The biggest share of California’s oil imports come from Saudi Arabia, which makes up 29 percent of foreign crude flowing into the state.

More than 70 percent of foreign oil imports to the state come from OPEC members, including Iraq, Kuwait and Ecuador.

California’s share of oil coming from foreign sources has ballooned since the late 1990s. Decades of state policies restricting drilling played a role, as did declining production in Alaska.

Original Post

This story was hard for me to follow. I think I understand the update but I will let readers reach their own conclusion and I won't provide any comment.

Regarding Washington state's stance on Bakken CBR, Platts is reporting that the state legislature has passed the bill and it now awaits the governor's signature. He has five days to sign it. From statescape, for Washington state:

The governor must sign or veto legislation within 5 days of transmittal (excluding Sunday), or it becomes law without his/her signature. Bills transmitted within the last 5 days of the session must be acted upon by the governor within 20 days of adjournment (excluding Sunday). 

The Washington state Bakken CBR bill as it currently stands:

• original bill passed but with one significant change
• awaiting governor's action
• new standards: vapor pressure from a CBR tanker must be less than 9 psi
• NDIC's Lynn Helms said Bakken oil would not/could not meet that standard
• Washington State legislature said the standard (9 psi) would only be triggered if Bakken CBR exceeded 10% volume increase over calendar year 2018 (by refinery; five refineries in Washington state)

From the linked article:

"Refiners who currently import crude by rail only have to comply with the vapor pressure standard if their total annual crude by rail imports increase by more than 10% over the 2018 baseline," Washington State Representative Joe Fitzgibbon, a Democrat who introduced the change to the original bill, said in a statement through a spokesman Monday.

On Friday, Lynn Helms, North Dakota's top oil and gas regulator, said operators would not be able to condition Bakken crude to below that 9 psi level without removing valuable product, including butane, from the crude stream.

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California Refinery Inputs

Previously posted, but it might behoove Washington State to look to the California experience. This is not rocket science.

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 California Blue

California Blue, Roy Orbison

Week 16: April 14, 2019 -- April 20, 2019

Top international energy story: largest cross-border natural gas pipeline, by volume, to be operational early this summer

Top international non-energy story: Notre Dame burns.

Close second: six months after the fact, weather "scientists" upgrade Hurricane Michael to a category 5 hurricane ... just in time for Earth Day, 2019.

Top national energy stories:

• Chevron to buy Anadarko; and, here;
• US sets all-time energy consumption record in 2018
• It's still all about the Permian; US to set new production record; 
• Price of gasoline in California spikes; refinery runs well below the 5-year average
• Top ten highest average gasoline prices by city in USA: all California cities

Top national non-energy story: American economy:

• Record low unemployment -- not seen in 50 years; and, here; 
• US retail surged in March

Natural gas:

• largest cross-border natural gas pipeline to be operational early summer; 
• update on three LNG export terminals
• Haynesville sets allt-time natural gas production record
• US shale gas swamps market  
• Kinder Morgan may build third natural gas Permian pipeline

Pricing

• Argus announces two new benchmarks; and, here; 

Geoff Simon's top ND Energy stories:

• Roosevelt Library closer to reality
• What to do with  Legacy Fund assets comes to impasse in legislature
• Poor space signed into law
• Williston school issues -- not enough space for surging enrollment
• Davis Refinery now fully permitted
• Spring weight restrictions in place
• ND grid operators concerned about stability of electric grid due to renewables
• Washington State set to limit Bakken CBR 
• DAPL was targeted by Russian social media campaigns

Operations

• In the Bakken, most wells coming off confidential list, going to DUC status
• record number of Bakken wells off-line?
• Bruin monster wells updated 

Fracking

• Water is not a problem in the Bakken

EOR

• Poor space

Bakken economy

• Airport on schedule to open October 10, 2019

New Williston Airport -- April 12, 2019 -- Update

On schedule for an October 10, 2019, opening:

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Craziness At The New York Times

The New York Times reports the population of North America to be in the billions. 

Link here. 

E&P -- Market Cap -- April 20, 2019

Time to take a look at market cap for some E & P companies (rounded):

• XOM: $345 billion
• CVX: $230 billion 
• COP: $75 billion
• EOG: $60 billion
• OXY: $50 billion
• APC: $30 billion)
• CLR: $20 billion 
• APA: $15 billion
• WLL: $2.5 billion
• JAG: $2 billion 
• OAS: $2 billion
• NOG: $1 billion (non-operator)

Disclaimer: there are likely to be factual and/or typographical errors on this page. If this is important to you, go to the source.

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Featured Music This Week: Chris Isaak

I've been in a Chris Isaak mood all week. That mood may continue for another week.

You Owe Me Some Kind Of Love, Chris Isaak

First song on his 1986 album. 

The lyrics, typical Chris Isaak.

The music caught my attention:

• the riff reminds me of something I've heard in a David Lynch movie, it seems (actually Twin Peaks comes to mind)
• the bass

The producer of that album:

Erik Jacobsen (born May 19, 1940) is an American record producer, song publisher and artist manager. He is best known for his work in the 1960s with Tim Hardin, The Lovin' Spoonful, The Charlatans, Sopwith Camel, and later with Norman Greenbaum and Chris Isaak. Though semi-retired, Jacobsen continues to manage many of his published songs and masters for various uses.