Seven Wells Come Off Confidential List; Nothing Exciting Except For One Nice Oasis Well -- February 11, 2019

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Title : Seven Wells Come Off Confidential List; Nothing Exciting Except For One Nice Oasis Well -- February 11, 2019
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Seven Wells Come Off Confidential List; Nothing Exciting Except For One Nice Oasis Well -- February 11, 2019

Wells coming off confidential list today --
Monday, February 11, 2019: 43 wells for the month; 146 wells for the quarter
34672, drl, Hess, GO-Bergstrom 156-98-2833H-2, Wheelock, no production data,
32070, drl, XTO, Maddy Federal 24X-34D, North Fork, no production data,

Sunday, February 10, 2019: 41 wells for the month; 144 wells for the quarter
33293, 683, Liberty Resources, Waldon W 157-97-24-25-3MBH, Ray, t8/18; cum 60K 12/18;
32071, drl, XTO, Maddy Federal 24X-34AXD, North Fork, no production data,
29404, A, Oasis, Seattle Federal 5200 42-35 8B, Camp, t1/19; cum --;

Saturday, February 9, 2019: 39 wells for the month; 141 wells for the quarter
33984, 1,195, Oasis, Dawson 5494 43-12 10B, Alkali Creek, t9/18; cum 106K 12/18;
29402, drl, Oasis, Seattle Federal 5200 42-35 6B, Camp, t1/19; cum --;

WTI: killing Saudi Arabia and OPEC. 

Active rigs:

$51.63 2/11/2019 02/11/2018 02/11/2017 02/11/2016 02/11/2015
Active Rigs 63 58 36 41 137

RBN Energy: a new tolling framework for Enbridge's mainline crude system?
The recently mandated reduction in Alberta crude oil production has helped to ease takeaway constraints out of Western Canada, but only temporarily. Worse yet, it’s unclear how long it will take to add new takeaway capacity from challenged projects like the Trans Mountain Expansion Project or Keystone XL. In the midst of all this trouble and uncertainty, Enbridge is pursuing a potentially controversial plan to revamp how it allocates space — and charges for service — on its 2.8-MMb/d Mainline system, the primary conduit for heavy and light crudes from Western Canada to U.S. crude hubs and refineries. Today, we begin a series on the company’s push to shift to a system that would allocate most of the space on its multi-pipe Mainline system to shippers that sign long-term contracts.


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