API, US weekly crude oil reserves, link here or here: US crude oil reserves are down another 4.5 million bbls (after being down 9.22 million bbls the previous weeks. Price of WTI surges? Nope, WTI actually decreases slightly on this news.
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Daily Activity Report
Active rigs:
$73.90→ | 7/4/2018 | 07/04/2017 | 07/04/2016 | 07/04/2015 | 07/04/2014 |
---|---|---|---|---|---|
Active Rigs | 66 | 57 | 30 | 76 | 191 |
Five new permits (July 3, 2018):
- Operator: Hess
- Field: Antelope (McKenzie)
- Comments: Hess has permits for a 5-well AN-Bohmbach pad in SESW 22-153-94
- BR had seven Cleetwood permits in Elidah oil field go PNC.
- the other two wells, a Petro-Hunt well and an MRO well were reported yesterday
- SHD Oil (7): a Zeta, Poseidon, Narcissus, Cheetah, Demeter, Delta, and Epsilon permit were each renewed in McLean County
- CLR (4): four Steele Federal permits were renewed in McKenzie County
- BR (2): two Patton permits were renewed in McKenzie County
- Seven permits were canceled:
- BR, as noted above, canceled seven Cleetwood permits in McKenzie County
- 30148, 463, Hess, BB-Federal A-151-95-0910H-3, Blue Buttes, t5/18; cum --
- 33731, 1,631, Hess, EN-VP and R-154-94-2536H-11, Alkali Creek, t5/18; cum --
- 33732, 2,078, EN-VP and R-154-94-2536H-12, Alkali Creek, t5/18; cum --
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