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Friday, September 30, 2016

US Oil Rig Count Rises Due To Increase In Permian, Williston Basins -- IBD -- September 30, 2016

From Investor's Business Daily: US oil rig count rises again on Permian, Williston gains! Data points:
  • US oil rig count rose by seven this past week to 425
  • oil rigs have risen in the past 13 out of 14 weeks
  • most recently: Williston Basin rose by two to 30; Cana-Woodford rose by two to 35; Eagle Ford steady at 33
Active rigs:


9/30/201609/30/201509/30/201409/30/201309/30/2012
Active Rigs3368190184190

Three (3) new permits:
  • Operator: Oasis
  • Field: Siverston (McKenzie)
  • Comments:
No producing wells reported as being completed (DUCs): none.

Two permits canceled:
  • 26697, PNC, HRC, Hagbos 2-25-36H, Standahl, 
  • 29380, PNC, MRO, Tucker 44-20TFH, Bailey,
Seven permits renewed:
  • EOG (3): three Austin permits, Mountrail County
  • HRC (2): two Borrud permits, Williams County
  • Hunt: an Oakland permit, Mountrail County
  • Petro-Hunt: a Jorgenson permit, Burke County

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