Monday, July 9, 2018

Eleven New Permits; Four Producing Wells Reported As Completed -- July 9, 2018

The Thailand cave at this site, interactive: http://fingfx.thomsonreuters.com/gfx/rngs/THAILAND-ACCIDENT-CAVE/0100711G258/index.html.

Today's market action:


************************
Back to the Bakken

Active rigs:

$74.037/9/201807/09/201707/09/201607/09/201507/09/2014
Active Rigs65562974189

WTI: although the price of WTI was essential flat today, it did rise enough to put it back over $74/bbl

Eleven new permits:
  • Operators: Abraxas (5); Oasis (5); Resource Energy
  • Fields: Pershing (McKenzie); Banks (McKenzie); Ambrose (Divide)
  • Comments: Abraxas has permits for a 5-well Lillibridge / Lilli-George pad in SESW 20-150N-96W; Oasis has permits for a 4-well Kellogg Federal pad in NWNW 30-152N-97W;
Three permits renewed:
  • Petroshale (2): two Petroshale US permits in McKenzie County
  • Texakota: a Hemsing permit in Williams County
Four producing wells (DUCs) completed:
  • 32518, 2,774, MRO, Struthers USA 41-5H, Lost Bridge, t5/18; cum 10K 5/18;
  • 33029, 228, BR, State Veeder 3B MBH, Blue Buttes, t6/18; cum --
  • 33030, 234, BR, State Veeder-Kummer 3C UTFH-ULW, Blue Buttes, t5/18; cum --
  • 33042, 8 (sic), North Range Resources, Placid 28-2V, Rough Rider, t1/18; cum --

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