- US crude oil reserves unexpectedly rose by 1.2 million bbls (not all that much in the big scheme of things)
- gasoline production at 10.3 million bbls (marker: 10 million bbls)
- distillate fuel production at 5.5 million bbls (marker: 5 million bbls, so 5.5 is significant, and good news for the truckers)
- refineries are operating at a very high 97.1% capacity; almost flat out
- considering the data today, WTI did very well for oil bulls, rising slightly
$73.80↑ | 7/6/2018 | 07/06/2017 | 07/06/2016 | 07/06/2015 | 07/06/2014 |
---|---|---|---|---|---|
Active Rigs | 65 | 57 | 31 | 76 | 191 |
Seven new permits:
- Operators: Kraken (4); CLR (2); Resource Energy Can-Am;
- Fields: Squires (Williams); Oakdale (Dunn); and, Resource has a wildcat in Divide County
- Comments: CLR has permits for two more Oakdale wells in SWNE 26-147-96; Kraken Operating has permits for a 4-well pad in 1-154-103; and finally, as noted, Resource Energy has a wildcat north of Williston, in Divide County, in SENE 21-163-98;
- EOG (4): four Burke permits in Mountrail County
- CLR (4): two Olympia permits in Williams County; and, two Charleston permits in Williams County
- Thunderbird (3): three Watson A permits in McKenzie County
- Oasis: one Kaitlin Federal permit in Mountrail County
- 32749, --, CLR, Dvirnak 8-7H, Jim Creek,
- 33221, --, CLR, Miles 7-6H, Dimmick Lake,
- 33220, --, CLR, Miles 8-6H1, Dimmick Lake
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