Dj basin oil differentials
Differential Outlook U.S. Gulf Coast Crude Oil Production Basins and Logistics Corridors 8 Rocky Mountain Region. DJ Basin condensate is primarily sourced from the Wattenberg core where API ranges from 50 to 56° and current focus remains on liquid rich production. North of the Wattenberg core a locus of horizontal activity surrounds a Commodity price differentials to benchmark pricing for 2017 were oil less $2.75 per barrel versus WTI; and natural gas less $0.27 per Mcf compared to NWPL. The DJ Basin oil price differential averaged $2.40 per barrel. The NGL price averaged approximately 39% of the WTI price per barrel. DJ Basin oil price differentials averaged $2.21 per barrel during the third quarter of 2016, a 54% improvement from the second quarter of 2016 average of $4.82 per barrel and a 70% decrease from the third quarter of 2015 average of $7.43 per barrel. The Company's oil pricing continues to benefit from having no firm takeaway capacity commitments The Company’s assets and development activities consist of contiguous acreage positions located primarily in the DJ Basin of Colorado where the Company has a focused portfolio consisting of key assets in the Northeast Wattenberg and Hereford Fields. continuous focus on cost improvement, and low oil differentials has translated into peer The Company’s realized Bakken crude oil price differential below WTI is projected to be US$5.00 per barrel in 2020. Growing basin production in the Bakken, combined with a narrower Brent-WTI crude oil price spread, led to wider Bakken oil price differentials in the fourth quarter of 2019 and these pricing levels are expected to continue in 2020. The Niobrara Formation of the Denver Basin is an unconventional oil and gas drilling target composed of alternating chalk and marl units. These units act as the source, seal and trap for hydrocarbons generated in the total organic-carbon-rich marl beds of the Niobrara. Eastern Great Basin, Eastern Oregon and Washington, Alaskan North Slope, Alaska's Cook Inlet, Ventura Basin, and Williston Basin: EIA's oil and gas field Boundary Generation Scripts: The following Word® (.doc) files provide and describe three script codes conceived, developed, and implemented by EIA to (a) automatically and efficiently
The DJ Basin continues to face both regulatory and midstream challenges. it's no surprise that the Waha differential to Henry Hub has widened in 2018. In fact In 2017, DJ Basin oil production growth was second only to that of the Permian.
13 Dec 2018 PRICE DIFFERENTIALS FOR CDN LT/HEAVY CRUDE Definition: The relative quantities of petroleum products produced by a refinery, also been increasing reliance on trucking to ship crude to refineries in Colorado or 15 Jan 2019 Capacity. ▫ ~550 miles of 20” Crude oil pipeline from the DJ Basin to. Cushing, OK 31, 2019 ($64.56-$59.63), further adjusted for Differentials. While the Niobrara/Codell play in the Denver-Julesburg Basin is the headliner among Rocky Those wells averaged 42 percent oil, 37 percent natural gas and 21 percent natural gas That makes for the best Codell, which is the differential. 8 Dec 2016 Despite a 70% reduction in capital spending from 2014 to 2016, oil and the Niobrara shale in the DJ Basin, where new-well oil production per rig are increasing investment at current prices because oil differentials in the 2016 & 2017 production and proved reserves include legacy NE Wattenberg oil weighting, continuous focus on cost improvement, and low oil differentials has 24 Jun 2016 Synergy's DJ Basin Acreage Position is ~121,300 Net Acres. DJ Basin Assumed differentials: oil = $9.00 / gas = $0.25. (1). Well Cost 28 Jul 2018 When Colorado's oil and gas industry scraped bottom two years ago, companies were asked what they were doing to survive and to prepare for
24 Jun 2016 Synergy's DJ Basin Acreage Position is ~121,300 Net Acres. DJ Basin Assumed differentials: oil = $9.00 / gas = $0.25. (1). Well Cost
Commodity price differentials to benchmark pricing for 2017 were oil less $2.75 per barrel versus WTI; and natural gas less $0.27 per Mcf compared to NWPL. The DJ Basin oil price differential averaged $2.40 per barrel. The NGL price averaged approximately 39% of the WTI price per barrel. DJ Basin oil price differentials averaged $2.21 per barrel during the third quarter of 2016, a 54% improvement from the second quarter of 2016 average of $4.82 per barrel and a 70% decrease from the third quarter of 2015 average of $7.43 per barrel. The Company's oil pricing continues to benefit from having no firm takeaway capacity commitments The Company’s assets and development activities consist of contiguous acreage positions located primarily in the DJ Basin of Colorado where the Company has a focused portfolio consisting of key assets in the Northeast Wattenberg and Hereford Fields. continuous focus on cost improvement, and low oil differentials has translated into peer The Company’s realized Bakken crude oil price differential below WTI is projected to be US$5.00 per barrel in 2020. Growing basin production in the Bakken, combined with a narrower Brent-WTI crude oil price spread, led to wider Bakken oil price differentials in the fourth quarter of 2019 and these pricing levels are expected to continue in 2020. The Niobrara Formation of the Denver Basin is an unconventional oil and gas drilling target composed of alternating chalk and marl units. These units act as the source, seal and trap for hydrocarbons generated in the total organic-carbon-rich marl beds of the Niobrara. Eastern Great Basin, Eastern Oregon and Washington, Alaskan North Slope, Alaska's Cook Inlet, Ventura Basin, and Williston Basin: EIA's oil and gas field Boundary Generation Scripts: The following Word® (.doc) files provide and describe three script codes conceived, developed, and implemented by EIA to (a) automatically and efficiently
2016 & 2017 production and proved reserves include legacy NE Wattenberg oil weighting, continuous focus on cost improvement, and low oil differentials has
A data file with pipeline maps and a list of capacities through time for existing and announced oil pipeline projects for the Permian, Eagle Ford, Williston Basin, and the DJ Basin; Access to the analysts that write the report, create and maintain the models, and interpret the market dynamics Much of the gas produced in the DJ Basin can be attributed to associated gas, or natural gas that is produced with every barrel of crude oil pumped. Much of that gas is classified as wet gas and must be stripped of the heavier hydrocarbons, such as ethane, propane and butane, before it can be sold into the consumer market. The rig count in the Niobrara Shale’s Denver-Julesburg (DJ) Basin has doubled in the past year, and crude oil production has been rebounding modestly in recent months. Most of the activity in the play is concentrated in super-hot Weld County, CO, where 23 of the DJ Basin’s 29 active rigs are set up. This is extremely important to the DJ Basin, as depressed oil prices hit the area particularly hard given the high WTI differentials caused by expensive transportation options in the area. Companies that are able to switch to pipeline-based transportation will realize a precipitous drop in their expenses, Niobrara DJ Overview: The Niobrara-DJ Basin is a crude oil and liquids rich gas play that is located in Northeast Colorado and Southeast Wyoming. Niobrara DJ Counties: CO:Adams, Arapahoe, Boulder, Broomfield, Douglas Niobrara DJ Pipelines (natural gas): Cheyenne Hub, Cheyenne Plains, CIG, PSCO, Rockies Express, Differential Outlook U.S. Gulf Coast Crude Oil Production Basins and Logistics Corridors 8 Rocky Mountain Region. DJ Basin condensate is primarily sourced from the Wattenberg core where API ranges from 50 to 56° and current focus remains on liquid rich production. North of the Wattenberg core a locus of horizontal activity surrounds a
28 Jul 2018 When Colorado's oil and gas industry scraped bottom two years ago, companies were asked what they were doing to survive and to prepare for
Crude Oil Quality Association. Denver, Colorado. June 5, 2014. EAI, Inc. (Energy Analysts International). D-J and Niobrara Activity and. Outlooks: Production 2 May 2019 Bakken/Three Forks, DJ Basin and Woodford Oil Window. EOG bases United States natural gas price differentials upon the natural gas price 13 Dec 2018 PRICE DIFFERENTIALS FOR CDN LT/HEAVY CRUDE Definition: The relative quantities of petroleum products produced by a refinery, also been increasing reliance on trucking to ship crude to refineries in Colorado or 15 Jan 2019 Capacity. ▫ ~550 miles of 20” Crude oil pipeline from the DJ Basin to. Cushing, OK 31, 2019 ($64.56-$59.63), further adjusted for Differentials.
Niobrara DJ Overview: The Niobrara-DJ Basin is a crude oil and liquids rich gas play that is located in Northeast Colorado and Southeast Wyoming. Niobrara DJ Counties: CO:Adams, Arapahoe, Boulder, Broomfield, Douglas Niobrara DJ Pipelines (natural gas): Cheyenne Hub, Cheyenne Plains, CIG, PSCO, Rockies Express, Differential Outlook U.S. Gulf Coast Crude Oil Production Basins and Logistics Corridors 8 Rocky Mountain Region. DJ Basin condensate is primarily sourced from the Wattenberg core where API ranges from 50 to 56° and current focus remains on liquid rich production. North of the Wattenberg core a locus of horizontal activity surrounds a The top third of positions in the Delaware Basin can produce oil at under $40 a barrel, and the next third at $55, said Bernadette Johnson, a managing partner with Ponderosa Advisors in Denver. Parts of the Wattenberg Field remain competitive with that, The DJ Basin has the richest petroleum history of the two, dating to an oil discovery made in Boulder County, Colo., in 1901. Today, the DJ Basin is known for the Wattenberg gas field, which is one of the largest natural gas deposits in the country. The Powder River Basin, on the other hand, The price paid to sell that same barrel of oil in Midland, Texas in the heart of the Permian Basin is $56. So, the differential between these two pricing points is approximately $9 per barrel.