Some Have Active Rigs In North Dakota Down To 47 -- July 26, 2019

Updates

Later, 3:27 p.m. CT: see first comment. There is an explanation for the "discrepancy."

Original Post

Apparently rigs don't matter.

• Z4 Research, active rig count down to 47 in North Dakota

• NDIC:

$56.09	7/26/2019	07/26/2018	07/26/2017	07/26/2016	07/26/2015
Active Rigs	59	63	60	33	73

• Director's cuts:

It's possible NDIC is reporting "all" active rigs regardless of what they are doing; while Z4 Research is reporting only rigs targeting crude oil. Either way, no big deal. North Dakota producing near record amounts of oil on ever-decreasing number of active rigs 

Seven new permits, #36790 - #36796, inclusive:

• Operators: Sinclair, Hess
• Fields: Lone Butte, Manitou
• Comments: 
• Sinclair has permits for a 4-well Harris Federal pad in lot 2 / section 5-146-97, Lone Butte oil field,
• Hess has permits for a 3-well EN-Ruland pad in lot 1 / section 4-155-94, Manitou oil field

NDIC hearing dockets for August, 2019, posted today. See this link.