Six Permits Renewed; That Was All -- December 27, 2017

Re-balancing: API shows drawdown of 6 million bbls. I use EIA data to follow re-balancing. EIA data should be released tomorrow, unless holiday Monday delays EIA data for one day.

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Active rigs:

$54.58→	12/27/2017	12/27/2016	12/27/2015	12/27/2014	12/27/2013
Active Rigs	51	41	62	173	187

No new permits.

Six permits renewed:

• HRC (4): three Fort Berthold permits in Dunn County; and, one Storhaug permit in Williams County
• Enduro (2): two Newburg-Spearfish-Charles Unit permits, both in Bottineau County; note the permit numbers, #02302, and 02657

• 2302, 81, Enduro, Newburg-Spearfish-Charles Unit J-714, Newburg, t5/59; cum 465K 6/07; last produced in 2007, but still "A";  well status is now listed as LOC. The permit was set to expire January 10, 2018. On January 10, 2016, the operator was issued a permit for "fluid injection." A SWD well?
• 2657, 15, Enduro, Newburg-Spearfish-Charles Unit J-712, Newburg, t6/60; cum 115K 3/89; last produced 3/89; but still "A"; well status is now listed as LOC. Interestingly, the file is on confidential status