Joelund ng reports "From the Bakken" 2020/21
2 responses | 0 likes
Started by metmike - May 2, 2021, 5:25 p.m.

Here are Joe's recent reports, going back a year+ for a comparison. 


Updated November 19, 2021

                Re: From the Bakken...31 Rigs running and I have 1            

                                                        By joelund - Nov. 19, 2021, 11:11 a.m.           

 https://www.marketforum.com/forum/topic/77992/#78055


                From the Bakken....29 Rigs running and I have 1            

                                     By joelund - Oct. 30, 2021, 3:43 p.m.            

https://www.marketforum.com/forum/topic/76792/#76859


                Re: From the Bakken .... 27 Rigs and I have 1            

                   By joelund - Sept. 21, 2021, 8:06 a.m.            

https://www.marketforum.com/forum/topic/75144/#75195


                Re: From the Bakken. 23 Rigs running and I have 1            

                            By joelund - Aug. 24, 2021, 11:47 a.m.            

https://www.marketforum.com/forum/topic/73381/#74138


                Re: From the Bakken. 23 Rigs running and I have 1            

                            By joelund - July 26, 2021, 8:57 a.m

https://www.marketforum.com/forum/topic/72658/#72703

                      

                                   By joelund - June 17, 2021, 2:31 p.m.            

            20 Rigs running and I have 1

https://www.marketforum.com/forum/topic/70798/#71177


                By joelund - May 21, 2021, 11:49 a.m.            

            Jump in Rig count. 20 Rigs running and I have 1.

https://www.marketforum.com/forum/topic/69687/#69752


                Re: From the Bakken            

                            By joelund - April 30, 2021, 12:15 p.m.          

  15 Rigs running and I have 1.

            https://www.marketforum.com/forum/topic/68653/#68764

                           


                Re: From the Bakken            

                                         By joelund - Feb. 13, 2021, 12:09 p.m.            

            15 Rigs running and I have 1

https://www.marketforum.com/forum/topic/65479/#65581


                From the Bakken            

                                            By joelund - Jan. 19, 2021, 3:35 p.m.            

                          11 Rigs running and I have 1.

https://www.marketforum.com/forum/topic/63970/#64446


                Re: From the Bakken            

                            By joelund - Dec. 15, 2020, 2:44 p.m.            

            15 Rigs running and I have 2.

https://www.marketforum.com/forum/topic/62430/


                Re: Re: NG 11/27/20+ From the Bakken            

                            By joelund - Nov. 27, 2020, 3:10 p.m.            

                                        14 Rigs running and I have 2.

https://www.marketforum.com/forum/topic/61857/


                From the Bakken            

                          By joelund - Oct. 19, 2020, 2:25 p.m.            

            16 Rigs operating and I have 1

https://www.marketforum.com/forum/topic/60064/#60195


                Re: From the Bakken 08 15 2020            

                                            By joelund - Sept. 15, 2020, 3:56 p.m.            

            12 Rigs running and I have one.

https://www.marketforum.com/forum/topic/58950/#59166

             

   Re: NG 8/19/20 From the Bakken           

                By joelund - Aug. 19, 2020, 10:02 a.m.            

            12 Rigs running and I have 1.

https://www.marketforum.com/forum/topic/57846/


                Re: From the Bakken 07 17 2020            

                            By joelund - July 17, 2020, 1:27 p.m.            

            11 Rigs running and I have 1.

https://www.marketforum.com/forum/topic/55738/#56168


                By joelund - June 11, 2020, 3:37 p.m.            

            12 Rigs running an increase of 1 and I have one.

https://www.marketforum.com/forum/topic/53667/#53686


                From the Bakken            

                            By joelund - June 3, 2020, 8:04 a.m.            

11 Rigs active and I have 1

https://www.marketforum.com/forum/topic/52753/#53241


 From the Bakken 05/24            

                          By joelund - May 24, 2020, 8:28 a.m.            

            14 Rigs active and i am down to 1.

https://www.marketforum.com/forum/topic/51564/#52720


                Re: Re: Sharp oil price pullback unlikely            

                            By joelund - May 15, 2020, 8:51 a.m.            

                       From the Bakken:

14 rigs operating in the Bakken, I'm down to 1.

Estimated 60% of Bakken production shut in.

https://www.marketforum.com/forum/topic/52179/#52197


                Re: Re: Re: Re: NG for May            

                                        By joelund - May 5, 2020, 10:54 a.m.            

            Screen shot of Whiting bankruptcy court filing. Negative cash flow for May projected at $80+M. Illustrates previous point that significant LOE in the Shale continues in spite of shut ins.

At 25 active Rigs in the Bakken and I have three. Expect 0 by the end of may. Hope I can find a ride back to Denver.

https://www.marketforum.com/forum/topic/51564/#51681


 Re: From the Bakken            

                                          By joelund - April 30, 2020, 11:12 a.m.          

Since I just caught a break...thought I would give you the Bakken perspective to help answer some of your question. Down to 31 Rigs in the Bakken and I have 4 of them. My TX relief never showed. Local rig count dropping by about 5 a week.

https://www.marketforum.com/forum/topic/51564/

Comments
By metmike - July 28, 2021, 6:30 p.m.
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Updated July 28, 2021

Looks like the rig count went up another 3.

Reacting to increasing prices?

By metmike - Oct. 30, 2021, 8:30 p.m.
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Notice that the rig count in the Bakken is almost back to where it was in April 2020, just after COVID hit.

29 now vs 31 back then but how much higher was it at the start of 2020?