WTI Closed Above $50 For First Time In Quite Some Time; Eighteen Permits Renewed; Four DUCs Completed -- May 19, 2017

Active rigs:

$50.53	5/19/2017	05/19/2016	05/19/2015	05/19/2014	05/19/2013
Active Rigs	51	26	82	191	189

Four new permits:

• Operator: Statoil
• Field: East Fork (Williams)
• Comment: four more wells in SW quadrant of section 23-156-100. See graphic at this post (yesterday)

Eighteen permits renewed:

• Oasis (7): seven Kjorstad permits, in Williams County, all in NENE 22-153-100
• Kaiser-Francis (7): a Parshall permit, a Pratt permit, a Banner permit, a Liberty permit, a Sikes permit, a Knife River permit, and, a Rat Lake permit, all in Mountrail County; all in section 4-153-92
• EOG (3): three Austin permits, all in Mountrail County; all in section 11-154-90
• Hess: a BW-Spring Creek permit, in McKenzie County

Hess canceled five permits:

• three SC-Mari permits and two LK-Hay Draw permits, all in WIlliams County

Four producing wells (DUCs) reported as completed:

• 30258, 393, Sinclair, Uran 4-15TFH, Sanish, t5/17; cum --; (20994, 17898)
• 30612, 461, Sinclair, Uran 5-15H, Sanish, t5/17; cum --; (16750, 22853)
• 31763, 1,489, Hess, HA-State -152-95-1621H-8, Hawkeye, t4/17; cum --
• 31764, 829, Hess, HA-State-152-95-1621H-7, Hawkeye, t5/17; cum --

******************************** 

Ah, The Dog Days Of Summer -- Yet To Come