Thursday, May 24, 2018

For Once, The Headline Is Correct: Oil Prices Crashing -- WTI Trading Beow $68 -- May 25, 2018

Active rigs:

$67.88↓↓↓5/25/201805/25/201705/25/201605/25/201505/25/2014
Active Rigs65502883191

Summary Daily Activity Reports
May 24, 2018 - May 25, 2018

Twelve new permits:
  • Operators: XTO (5); Hess (4); Whiting (3);
  • Fields: Alkali Creek (Mountrail); Epping (Williams), Bear Den (McKenzie)
  • Comments:
Ten permits renewed:
  • QEP (4): four MHA permits in Dunn County
  • EOG (2): two Austin permits in McKenzie County
  • BR (2): two  Anderson Ranch permits in McKenzie County
  • Texakota (2): two H. Borstad wells in Williams County
One permit canceled:
  • 34845, Lime Rock, a Turbo permit in Dunn County
Four producing wells (DUCs) reported as completed:
  • 32840, 40 (no typo), BR, CCU Badger 1C-TFH, Corral Creek, t4/18; cum --
  • 32841, 60 (no typo), BR, CCU Badger, Corral Creek, t4/18; cum --
  • 33823, 1,778, WPX, Mandaree Sout 19-18HQL, Reunion Bay, t5/18; cum --
  • 33824, 2,434, WPX, Mandaree South 19-18HA, Reunion Bay, t5/18; cum --
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