Tuesday, June 26, 2018

Six New Permits -- June 26, 2018 -- Saudi Arabia, Kuwait Halt Production In Neutral Zone Due To "Technical Difficulties"

Breaking just before close of business, from oilprice.com --


I can't wait to see what the "technical problems" really are.

*************************************
Back to the Bakken

Active rigs:

$70.686/26/201806/26/201706/26/201606/26/201506/26/2014
Active Rigs64593075192

Six new permits:
  • Operators: XTO (4); CLR (2)
  • Fields: Grinnell (McKenzie); Avoca (Williams)
  • Comments: XTO has permits for a 4-well Ruby State Federal pad in SWSE 36-154-97;
Sixteen permits renewed:
  • XTO (4): four Twin State Federal permits in McKenzie County
  • Rimrock (4): three Two Shields Butte permits and one Moccasin Creek permit, all in Dunn County
  • Whiting (3): one Kessel Federal permit(Billings); one Drew TTT permit (Mountrail); and, one Long permit (Williams)
  • Hess (2): two RS-State E permits in Mountrail County
  • Zavanna (2): two Rover permits in Williams County
  • Resource Energy Can-Am: one Bervik permit in Divide County
Again, no DUCs reported as completed. This is one of the longest stretches I've seen in the past two years with no DUCs being reported as completed.

2 comments:

  1. Anything happens in the Neutral Zone, its the Klingons fault

    ReplyDelete
    Replies
    1. That's pretty funny, the Klingons. I will have to remember that. You may see it in the blog. Thank you. LOL.

      Delete