Waiting For IPs For Ten Wells Coming Off Confidential List -- February 20, 2019

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Title : Waiting For IPs For Ten Wells Coming Off Confidential List -- February 20, 2019
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Waiting For IPs For Ten Wells Coming Off Confidential List -- February 20, 2019

Wells coming off the confidential list --

Wednesday, February 20, 2019: 86 wells for the month; 189 wells for the quarter
34978, conf, Hunt, Halliday 146-93-12-1H-4, 
34513, conf, Nine Point Energy, Fritz 150-101-32-29-8H,
33850, conf, Oasis, Berry 5493 41-7 6B, 
33094, conf, CLR, Sakakawea Federal 14-19H,

Tuesday, February 19, 2019: 82 wells for the month; 185 wells for the quarter
32173, conf, Hess, CA-Anderson Smith-155-96-2635H-6, 
32163, conf, Hess, CA-Anderson Smith-155-96-2635H-5, 
30536, conf, Slawson, Wolf 1 SLH, 
30138, conf, CLR, Pletan 7-18H, 
28956, conf, Hess, EN-Jeffrey-15509402215H-9, 
28955, conf, Hess, EN-Jeffrey-155-94-2215H-8, 

Active rigs:

$56.04 2/20/2019 02/20/2018 02/20/2017 02/20/2016 02/20/2015
Active Rigs 66 56 40 38 127

RBN Energy: will Mariner East setbacks impact LPG exports and pricing?
Energy Transfer’s Mariner East pipeline system was supposed to help resolve a growing problem for producers in the “wet” Marcellus and Utica plays — namely, the need to transport increasing volumes of LPG out of the Northeast, especially during the warmer months, when in-region demand for LPG is low. The pipeline system also was meant to spur LPG and ethane exports out of Energy Transfer’s Marcus Hook marine terminal near Philadelphia. So how are things going? Well, the now five-year-old, 70-Mb/d Mariner East 1 pipeline, designed to transport ethane and propane, has been offline ever since a sinkhole exposed a part of the pipe late last month. The 275-Mb/d Mariner East 2 pipe is finally in operation and enabling a lot more LPG to move to Marcus Hook, but for now it can only run at about 60% of its capacity. And last Friday, a key Pennsylvania regulator suspended its review of outstanding water permit applications for the remaining piece of ME-2 and the parallel 250-Mb/d ME-2 Expansion project, and threw into doubt how long it might take to finish the Mariner East system and ramp it up to full capacity. Today, we begin a series on recent Mariner East developments and explain how, despite the mixed bag of Mariner East news in recent weeks, the situation is not as bad as it may seem.


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