The Million Dollar Way (The Bakken Oil Blog)

Thursday, August 29, 2019

$325,000 Per Day -- But Fails -- August 29, 2019

Halo Effect -- Bakken Style -- August 29, 2018

Reporting today:

34789, 3,051, WPX, Sweet Grass Woman 22-15HD, Spotted Horn, t7/19; cum --; (#22629 -- still too early to tell, #29445 -- huge jump in production, #34646)

Four Sweet Grass Woman wells fracked; completed; reporting.

A neighboring well:

29445, 2,441, WPX, Emma Owner 23-14HB, Spotted Horn, t3/16; cum 518K 6/19; the Emma Owner wells are tracked here; recent production --

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	6-2019	30	10816	10596	8840	15031	13406	0
BAKKEN	5-2019	31	12016	12028	9513	16246	13778	700
BAKKEN	4-2019	30	12848	12942	10308	17371	14603	926
BAKKEN	3-2019	31	14060	13995	11805	19009	14571	2452
BAKKEN	2-2019	28	11256	11321	11265	15219	11722	1862
BAKKEN	1-2019	23	9132	9036	10881	12347	3815	7125
BAKKEN	12-2018	31	18159	18187	29445	24550	6586	15551
BAKKEN	11-2018	4	1798	1727	2245	2431	1206	726
BAKKEN	10-2018	17	3045	3089	2000	4116	1886	1513
BAKKEN	9-2018	13	2009	2039	1163	2717	1562	604
BAKKEN	8-2018	31	5000	4939	2380	6760	3984	1789
BAKKEN	7-2018	31	5393	5441	2053	7292	4505	1738

Appalachian Trail -- 2,200-Mile Barrier To Pipelines -- Industry -- August 29, 2019

Link here.

Environmental groups weighed in against US Supreme Court action to free up the 600-mile, 1.5 Bcf/d Atlantic Coast Pipeline, countering assertions that an appeals court ruling left unchecked could have widespread implications for eastern US energy projects.

The natural gas project, intended to move Appalachian gas to Mid-Atlantic markets, has faced a series of legal setbacks, including a 4th US Circuit Court of Appeals decision that struck federal authorizations allowing the pipeline to cross the Appalachian National Scenic Trail and national forests.

Dominion Energy and the US Department of Justice in June asked the Supreme Court take up the case, challenging the part of the ruling that found the US Forest Service lacked authority under the Mineral Leasing Act to grant the right of way to cross the trail because the land is under exclusive authority of the National Park Service.

If the case gets to the US Supreme Court, any guesses on how RBG will vote?

Colorado Oil And Gas Industry -- Unaffected By Politics -- Governor -- August 29, 2019

Five pinocchios.

Link here.

"Regulations have no effect on gas and oil industry in Colorado. It all has to do with supply and demand." -- Governor Jared Polis, Colorado.

SRC got out of Dodge just in time.

SoCal NatGas Injections At Risk -- Platts -- August 29, 2019

The graph is a bit hard to read at this link but it appears to be a bit more interesting than usual.