Thursday, December 5, 2019

Whiting Cancels Seventeen Permits -- December 5, 2019

Active rigs:

$58.3412/5/201912/05/201812/05/201712/05/201612/05/2015
Active Rigs5562533964

Five new permits:
  • Operators: CLR (3); MRO (2)
  • Fields: Banks (McKenzie); St Demetrius (Billings); Killdeer (Dunn)
  • Comments:
    • CLR has a single permit for a Xavier well in section 10-141-99; St Demetrius; and two Monroe permits for Lot 12 / section 2-152-99;
    • MRO has permits for two well Hoss/McGowan pad in section 34-146-95, Dunn County
Two permits renewed:
  • EOG: two Clarks Creek permits in McKenzie County
Whiting canceled seventeen permits:
  • in Williams County (11): Larson (2), Jackman, P Lynch (2), Schilke (3), Olson (2), P Bibler, 
  • in Stark County (6): Koppinger (2); Tomchuk; Solberg, Dietz, Wright;
  • Whiting's common stock fell 7.33% today; lost 37 cents; and, closed the day at $4.68; intra-day low of $4.60; 52-week intra-day low is $4.29;
One producing well (DUC) reported as completed:
  • 36040, 3,023, WPX, White Owl 32-29HC, Eagle Nest, t11/19; cum 10K over first 31 days;
    • neighboring, parent well, #18419 remains off line:
      • WXP, 510, Bearstail, 32-29H, t2/12; cum 329K 9/19; remains off line 10/19;

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