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Wednesday, July 11, 2018

WTI Plunges; No New Permits; One DUC Reported As Completed -- July 11, 2018

Active rigs:

$70.387/11/201807/11/201607/11/201507/11/201407/11/2013
Active Rigs652973190185

No new permits today.

Two permits renewed:
  • Whiting: a Tomchuk permit renewed in Stark County
  • Hunt: an Oakland permit renewed in Mountrail County
Six permits canceled:
  • Oasis: three Borden Federal permits; two Fraser Federal permits; and, one Crane Federal permit all canceled in 35/36-153-100, Williams County
One producing well (DUC) reported as completed:
  • 33694, 456, Oasis, Lie 5393 31-11 10T, Sanish, 50 stages; 10 million lbs, white (large/medium), ceramic (medium/small), t6/17; cum --
One dry hole:
  • 34038, dry, Oasis, Aagvik 5298 41-35 4T; Banks, the file report says the drilling to depth was successful and had an oil show; no explanation why dry;

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