Thursday, January 25, 2018

WTI Unable To Hold At $66; Number Of Active Rigs Dropping, Back Down To 56 -- January 25, 2018

Active rigs:
$65.191/25/201801/25/201701/25/201601/25/201501/25/2014
Active Rigs563848157187

Four new permits:
  • Operator: Kraken Operating
  • Fields: Burg, Blue Ridge (Williams County)
  • Comments:  
Eighteen wells temporarily abandoned:
  • Liberty Resources (13): all in McKenzie County
  • Resource Energy Can-AM (4): all in Divide County
  • Petro-Hunt: a Nygaard well in McKenzie County
Three producing wells (DUCs) reported as completed:
  • 29560, 116, Staoil, Heinz 18-19 4H, Patent Gate, t12/17; cum --
  • 29561, 492, Statoil, Heinz 18-19 2H, Patent Gate, t12/17; cum --
  • 32710, 352, Statoil, Patent Gate 7-6 XW 1H, Camp, t12/17; cum --
New permits:
  • 34515, Kraken Operating, Burg; SWSW 20-159-99;
  • 34516, Kraken Opertaing, Burg; SWSW 20-159-99;
  • 34517, Kraken Operating, Blue Ridge; SWSW 24-159-100;
  • 34518, Kraken Operating, Blue Ridge; SWSW 24-159-100;

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