Big Day For Wells Coming Off Confidential List -- January 7, 2019

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Title : Big Day For Wells Coming Off Confidential List -- January 7, 2019
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Big Day For Wells Coming Off Confidential List -- January 7, 2019

What, me worry? $123 billion of offshore projects may be green lighted this year (2019)

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Back to the Bakken

Wells coming off confidential list --

Monday, January 7, 2018:
33752, conf,  Oasis, Crane Federal 5300 34-27 9B, Willow Creek; a big well;

Sunday, January 6, 2018:
34977, conf, Hess, EN-Dobrovolny A-155-94-2413H-8, Manitou, a nice well;
34976, conf, Hess, EN-Dobrovolny A-155-94-2413H-9, Manitou, a nice well;
32799, conf, EOG, Clarks Creek 24-0706H, Clarks Creek; a huge well;
32798, conf, EOG, Clarks Creek 107-0706H, Clarks Creek; a huge well;
32797, conf, EOG, Clarks Creek 72-0706H, Clarks Creek; a huge well;
30889, conf,  Oasis, Stenberg 5199 11-9 9B, Poe, no production data;

Saturday, January 5, 2018:
34990, conf, Petroshale, Horse Camp West 2MBH, Mandaree, producing;
34975, conf, Hess, EN-Dobrovolny A-155-94-2413H-9, Manitou, producing,
33431, conf, MRO, Birds Bill USA 41-2TFH, Reunion Bay, no production data,

Active rigs:


$49.09 1/7/2019 01/07/2018 01/07/2017 01/07/2016 01/07/2015
Active Rigs 63 54 39 54 166

RBN Energy: are more US LPG export terminals needed?
Way back in 2012, the U.S. flipped from being a net LPG importer to a net exporter. Since then, exports by ship have skyrocketed, up from 0.3 MMb/d in 2013 to more than 1.1 MMb/d at year-end 2018, an astronomical compound annual growth rate (CAGR) of 30%. The vast majority of waterborne exports was out of a handful of LPG terminals along the Gulf Coast. These facilities — plus Ferndale in the Pacific Northwest and Marcus Hook near Philadelphia — so far have managed to handle the increasing flow of LPG, but with U.S. NGL production still rising, it looks like new export capacity is needed — and is on the way. All the while, imports of LPG, almost all from Canada, have remained relatively flat, averaging only 130 Mb/d in the 2013-18 period. Today, we begin a series on existing and planned LPG export capacity along the Gulf, West and East coasts — and what’s driving the build-out of these assets. 


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