Commentary this weekend: going through all the data posted this past week, and looking at what CLR is doing, my hunch is that the oil patch is going to look a lot different early next spring, and that Harold Hamm is preparing for that. Will discuss it over the weekend. I hope I don't lose my train of thought. LOL.
Active rigs:
| $53.78 | 10/18/2019 | 10/18/2018 | 10/18/2017 | 10/18/2016 | 10/18/2015 |
|---|
| Active Rigs | 61 | 70 | 55 | 32 | 67 |
No new permits today.
Two permits canceled:
- Newfield (2): two Obenour permits in McKenzie County
Seventeen permits renewed:
- EOG: (8)
- Oasis (4):
- CLR (4):
- Hunt: one Oakland permit in Mountrail County
And that was all. Pretty meager except for all the permits that were renewed. But it was a busy week for NDIC, getting another spectacular Director's Cut released. Whoo-hoo!
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