Tuesday, May 22, 2018

Active Rigs In The Bakken Jump To 64 -- Recently The Number Was Below 60 -- May 22, 2018

Active rigs:

$72.185/22/201805/22/201705/22/201605/22/201505/22/2014
Active Rigs64512582189

No new permits reported today.

Five producing wells (DUCs) reported as completed:
  • 33633, 2,163, Hess, BB-State-151-96-3625H-6, Blue Buttes, t4/18; cum --
  • 30151, 1,851, Hess, BB-Federal A-151-95-0910H-6, Blue Buttes, t4/18; cum --
  • 33631, 2,211, Hess, BB-State-151-96-3625H-8, Blue Buttes, t4/18; cum --
  • 33541, 105, BR, Outlaw Gap 14-23TFH-A, Sand Creek, t4/18; cum --
  • 33360, 1,594, Whiting, Johnson 24-7-2TFH, Truax, t5/18; cum --

On another note, from a press release -
Baker Hughes, a GE company announced today that the BHGE Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 1, 2018 to holders of record on May 22, 2018. The dividend will be funded by a distribution of $.18 per unit from Baker Hughes, a GE company, LLC to all of its members, including GE.

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