"Surprise" Crude Oil Draw -- API -- October 16, 2018 -- Twelve Producing Wells (DUCs) Reported As Completed

API weekly crude oil inventory: surprise crude oil draw. Link here.  At a draw of 2.1 million bbls, that's a pretty nice draw for oil bulls.


Active rigs:

$72.26↑	10/16/2018	10/16/2017	10/16/2016	10/16/2015	10/16/2014
Active Rigs	69	58	31	67	189

Seven new permits (#35581 - #35587):

• Operators: XTO (5), Petro-Hunt, CLR
• Fields: Capa (Williams), Little Knife (Dunn), Cedar Coulee (Dunn)
• Comments: XTO has permits for a 5-well pad in NWSW 33-155-95; CLR has another permit in Cedar Coulee

Twelve producing wells (DUCs) reported as completed:

• 34447, n/d, Whiting, Rennerfeldt 41-3-5TFHU, Epping, t9/18; cum --
• 34645, 22 (no typo), Eagle Operating, Popinga 32-16, wildcat; Madison pool, north of Williston, near Canada; just west of Lake Darling oil field, north of Donnybrook; t7/18; cum --
• 34445, n/d, Whiting, Rennerfeldt 41-3-5HU, Epping, t8/18; cum --
• 32305, 932, XTO, Lund 41X-17H2, Siverston, t3/18; cum 75K 8/18; but off line last month; constrained production before that;
• 30366, n/d, CLR, Brandvik 6-25H, Corral Creek, t9/18; cum --
• 32972, 8,887 (no typo/will re-check), MRO, Lamarr USA 13-23TFH, Reunion Bay, t8/18; cum 18K in five days -- extrapolates to 107K in 30 days; see this post;
• 34644, n/d, CLR, Anderson 11X-4HSL, Crazy Man Creek, t9/18; cum --
• 32812, n/d, CLR, State Weydahl 8-36H1, Corral Creek, t9/18; cum --
• 30278, 2,706, WPX, Joseph Eagle 19-18HD, Mandaree, t6/18; cum 126K in less than 4 months;
• 30277, 2,749, WPX, Joseph Eagle 19-18HZ, Mandaree, t5/18; cum 99K in less than 3 months; now off-line;
• 31798, n/d, CLR, Mittlestadt 5-17H1, Chimney Butte, t9/18; cum --
• 31800, n/d, CLR, Mittlestadt 7-17H, Chimney Butte, t9/18; cum --