Friday, June 29, 2018

Seven New Permits; Iron Ore Operating With Two New Permits; No DUCs Reported As Completed; WTI Closes At $74.15 -- June 29, 2019 -- Last Business Day In 1H18

WTI: it's hard to believe WTI was below $45 a year ago, from ycharts --


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Daily Activity Report

Active rigs:

$74.156/29/201806/29/201706/29/201606/29/201506/29/2014
Active Rigs67593077191

Seven new permits:
  • Operators: Oasis (5); Iron Ore (2)
  • Fields: Camp (McKenzie); Ellsworth (McKenzie);  Little Tank (McKenzie)
  • Comments: Oasis has permits for two pads, both Slagle pads, in same section, section 12-151-101; Iron Ore has a total of about two dozen wells/permits in North Dakota; all of them are active oil and gas wells except for these two new permits and one salt water disposal well;
Eight permits renewed:
  • Crescent Point Energy: four CPEUSC Berner permits and four CPEUSC Nelson permits, all on one pad, SWSE 19-157-99
No DUCs reported as completed.

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