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

Active rigs:

$70.38↓↓↓↓	7/11/2018	07/11/2016	07/11/2015	07/11/2014	07/11/2013
Active Rigs	65	29	73	190	185

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;