Ten (10) New Permits -- The Williston Basin, North Dakota, USA; OXY USA Reports A Typical OXY USA Well; Zenergy Reports A Huge Well; MRO Has A Nice Well

OXY USA reports a new well today; see below. For newbies: OXY USA wells are tracked here.   

Brent/WTI spread at 18-month low -- Oil & Gas Journal reporting:

Crude prices advanced marginally in mixed energy markets June 25 with the West Texas Intermediate-North Sea Brent spread dropping to an 18-month low of $5.94/bbl. Natural gas prices continued to fall.

“Energy traders essentially shrugged off President Barack Obama's ‘War on Carbon’ yesterday, which is not too surprising given that his speech earned lots of enthusiasm points but was a little light on impactful policy changes, carbon regulation of power plants notwithstanding,” said analysts in the Houston office of Raymond James & Associates Inc. “Instead, traders focused on US durable goods orders, which ratcheted up 3.2% in May, surpassing analyst expectations and signaling a hunky-dory domestic economy.”

Active rigs: 187 (steady)

Ten (10) new permits -- 

• Operators: QEP (4), Newfield (3), Hess (3)
• Fields: Grail (McKenzie), Hawkeye (McKenzie), Siverston (McKenzie)
• Comments: these are incredibly good locations; we are seriously into the manufacturing stage for some of these companies

Wells coming off the confidential list today were posted earlier; see sidebar at the right.

Seven (7) producing wells were completed:

• 23656, 327, XTO, Hegg 11-29SH, Siverston, t4/13; cum --
• 22544, 56, OXY USA, Kary 2-24-13H-144-97, Cabernet, t2/13; cum --
• 25314, 553, Whiting, Ness 42-31-2TFH, Sanish, t6/13; cum --
• 25152, 665, Whiting, Bentsen 13-35H, Sanish, t5/13; cum --
• 24041, 676, SM Energy, Broderson 2X-27HA, Siverston, t5/13; cum --
• 24040, 807, SM Energy, Broderson 2-27H, Siverston, t51/3; cum --
• 22889, 463, Hess, LK-Wing 146-97-2215H-7, Little Knife, 

Wells coming off the confidential list Thursday:

• 20761, 2,196, Zenergy, OMLID 18-19HTF, Elidah, t4/13; cum 21K 41/3;
• 21496, 791, Zenergy, Hanson 33-28H, Church, t5/13; cum 4K 4/13;
• 24247, drl, BR, CCU Meriwether 14-19MBH, Corral Creek, no data
• 24622, 1,448, MRO, Annie USA 11-29TFH, Reunion Bay, t2/13; cum 42K 4/13;

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20761, see above, Zenergy, OMLID 18-19HTF, Elidah:

Date	Oil Runs	MCF Sold
4-2013	17090	13871
3-2013	3825	0

 24622, see above, MRO, Annie USA 11-29TFH, Reunion Bay:

Date	Oil Runs	MCF Sold
4-2013	11046	10425
3-2013	12320	8275
2-2013	17891	0