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

Active rigs:

$65.19↓	1/25/2018	01/25/2017	01/25/2016	01/25/2015	01/25/2014
Active Rigs	56	38	48	157	187

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;