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:

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Back to the Bakken

Active rigs:

$74.03→	7/9/2018	07/09/2017	07/09/2016	07/09/2015	07/09/2014
Active Rigs	65	56	29	74	189

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 --