WTI Moves Slightly Higher On Storm Fears -- But This, Too, Shall Pass -- October 9, 2018

Three intriguing names in one paragraph! Jared, Nikki, and the Prince. Three other names in one paragraph: Sessions, Lindsey Graham, Nikki.

API weekly crude oil inventory data: it appears that the data will be released one day later than usual due to holiday on Monday?

*****************************************

Back to the Bakken

Active rigs:

$74.96→	10/9/2018	10/09/2017	10/09/2016	10/09/2015	10/09/2014
Active Rigs	64	57	33	68	192

Six new permits:

• Operators: Oasis, Hess
• Fields: Tyrone (Williams), Squires (Williams), Truax (Williams)
• Comments: Oasis has permits for a new 4-well McFarland / Hendricks well in Lot 4 section 1-155-102; Hess has permits for a 2-well SC-Barney pad in SESE 7-154-98;

Three producing wells (DUCs) reported as completed:

• 33978, n/d, BR, Rink 5-1-5 UTFH, Pershing, t--; cum --
• 34142, n/d, Whiting, Earl 14-34-6TFH, 4 sections; Epping, t-- ; cum --
• 33088, n/d, CLR, Sakakawea Federal 2-19H, Elm Tree, t--; cum --

Two permits canceled:

• MRO: two DCFH permits in McKenzie County

***********************************

Moving Gravel

Earlier in the day:

 Later in the day: