WTI Close To $50; Five New Permits -- November 28, 2018

NDIC is reporting 66 active rigs, a jump from the previous 62 a couple of days ago. A reader went through the data and suggests there may be an error -- some accidental "double-counting" of a couple of rigs. 

Active rigs:

$50.22 oh-oh	11/28/2018	11/28/2017	11/28/2016	11/28/2015	11/28/2014
Active Rigs	66	55	37	64	184

Five new permits:

• Operators: Kraken Operating
• Fields: Lone Tree Lake (Williams)
• Comments: Kraken has permits for a 5-well Rixey pad in 33-157-99; sited in SESE section 33, these wells will run north, opposite and parallel to three producing well; see graphic.

Eleven permits renewed:

• CLR (5): two Charlotte permits; one each -- Akron, Chicago, and Thorvald -- all in McKenzie County except for Thorvald which is in Dunn County
• Newfield (3): three Sorenson Federal permits in McKenzie County
• Oasis: one Fraser Federal permit in Williams County
• BR: one Abercrombie permit in McKenzie County
• XTO: one Rough Federal permit in McKenzie County

Five producing wells (DUCs) reported as completed:

• 33906, 842, Petro-Hunt, USA 153-95-9A-15-1HS, Charlson, t10/18; cum --
• 34700, 552, Whiting, Liebl 31-13-2H, Alger, t9/18; cum 7K 9/18; look at #23566, Kjos 14-13H; see this post;
• 34699, 1,078, Whiting, Meiers 44-25-2H, Robinson Lake, t9/18; cum 13K 9/18;
• 34701, 898, Whiting, Stettner 14-13TFH, Alger, t9/18; cum 3K after 16 days;
• 30547, 348, BR, Merton 41-15TFH ULW, Croff, t10/18; cum --; the Merton wells are tracked here;
  

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