Blogging Delayed -- September 18, 2018

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Blogging Delayed -- September 18, 2018

I was at Starbucks this morning at 6:00 a.m. or so, arriving by bike before sunrise. Unable to get connected to wi-fi.

Finally biked over to McDonald's -- got on to wi-fi immediately. So, I'm already behind.
Usually when I'm this far behind, it's not even worth blogging for the day.
So, we'll get started when we get started.

Very, very busy at McDonald's. Line very, very long.

Simply ordered on the kiosk and lo and behold, my order delivered to me a few minutes later.

Wells coming off the confidential list today: Tuesday, September 18, 2018
34562, conf, Abraxas, Ravin 10H, North Fork, no production data, 
34559, conf, XTO, Bobcat Federal 11X-2F2-S, Bear Creek, no production data,
33739, conf, Hess, BB-Federal B-151-95-2122H-6, Blue Buttes, no production data,
31771, conf, BR, Sanvan 8-1-29UTFH-ULW, Elidah, no production data,

Active rigs:

$69.84 9/18/2018 09/18/2017 09/18/2016 09/18/2015 09/18/2014
Active Rigs 66 56 32 67 199

RBN Energy: the crude oil hub at Cushing -- who owns what; how it's used.
The crude oil hub at Cushing, OK, has more than 90 MMbbl of tankage, 3.7 MMb/d of incoming pipeline capacity and 3.1 MMb/d of outbound pipes. That’s an impressive amount of infrastructure by any standard. The real marvel of the place, though, is the variety of important roles it plays and services it provides for a wide range of market participants — producers, midstream companies, refiners and marketers, as well as producer/marketer and refiner/marketer hybrids. To truly understand Cushing — what it does and how it works — you need to know the hub’s assets and how they fit together. Today, we continue a series on the “Pipeline Crossroads of the World” with a look at the companies that own Cushing storage capacity and how that storage is put to use.


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