Tuesday, February 25, 2020

WTI Plunges Another 3 Percent; Now Below $50 -- February 25, 2020

Active rigs:

$49.812/25/202002/25/201902/25/201802/25/201702/25/2016
Active Rigs4966574039

Three new permits, #37411 - #3741, inclusive:
  • Operator: Whiting
  • Field: Dollar Joe (Williams)
  • Comments:
    • Whiting has permits for a 3-well Miller pad in Dollar Joe oil field, NWNE section 15-155-97;
Three permits renewed:
  • Rimrock: two Moccasin Creek permits and one Charging Eagle permit; all in Dunn County
One producing well (a DUC) reported as completed:
  • 31490, F, Petro-Hunt, USA 153-95-1A-7-3H, Charlson, t--; cum 11K after 14 days;
Sixteen wells approved for confidential status:
  • Enerplus: Cumulus, Vapor, Haze, Alto
  • Whiting: Meiers, Ogden, John William
  • Hess: Go-Hauge (2); EN-Thompason Trust (3)
  • Zavanna: Panther (4)

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