Tuesday, October 9, 2018

WTI Moves Slightly Higher On Storm Fears -- But This, Too, Shall Pass -- October 9, 2018

Three intriguing names in one paragraph! Jared, Nikki, and the Prince. Three other names in one paragraph: Sessions, Lindsey Graham, Nikki.

API weekly crude oil inventory data: it appears that the data will be released one day later than usual due to holiday on Monday?


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Back to the Bakken

Active rigs:

$74.9610/9/201810/09/201710/09/201610/09/201510/09/2014
Active Rigs64573368192

Six new permits:
  • Operators: Oasis, Hess
  • Fields: Tyrone (Williams), Squires (Williams), Truax (Williams)
  • Comments: Oasis has permits for a new 4-well McFarland / Hendricks well in Lot 4 section 1-155-102; Hess has permits for a 2-well SC-Barney pad in SESE 7-154-98;
Three producing wells (DUCs) reported as completed:
  • 33978, n/d, BR, Rink 5-1-5 UTFH, Pershing, t--; cum --
  • 34142, n/d, Whiting, Earl 14-34-6TFH, 4 sections; Epping, t-- ; cum --
  • 33088, n/d, CLR, Sakakawea Federal 2-19H, Elm Tree, t--; cum --
Two permits canceled:
  • MRO: two DCFH permits in McKenzie County
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Moving Gravel

Earlier in the day:

 Later in the day:


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