Thursday, July 19, 2018

WTI Seems To Have Found A Floor -- $68 -- Kraken Operating With Five New Permits -- July 19, 2018

Active rigs:

$68.067/19/201807/19/201707/19/201607/19/201507/19/2014
Active Rigs68593073195

Nine new permits:
  • Operators: Kraken Operating (5); Zavanna (4)
  • Fields: Oliver (Williams); Stockyard Creek (Williams); Avoca (Williams)
  • Comments: Kraken Operating has permits for a 5-well Sutton/Cass Sutton pad in SWSW 34-158-98; Zavanna has permits for a 4-well George permit in NENW 19-154-99; 
Two producing wells completed (it appears these wells have been TA'd -- temporarily abandoned):
  • 30140, n/d, CLR, Dvirnak 5-7H, Jim Creek, 4 sections, t--; cum --
  • 30139, n/d, CLR, Dvirnak 4-7H2, Jim Creek, 4 sections, t-- ; cum --

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