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Thursday, November 1, 2018

WTI Drops Almost 2%; Drops Below $66 -- November 1, 2018

Active rigs:

$63.5511/1/201811/01/201711/01/201611/01/201511/01/2014
Active Rigs68533470193

Seven new permits:
  • Operators: Oasis (6); CLR
  • Fields: Banks (McKenzie); Elm Tree (McKenzie)
  • Comments: Oasis has permits for a 6-well Joplin pad in section 32-153-97; CLR has a single new permit in Elm Tree oil field
One permit renewed:
  • Enerplus: a Hall permit in McKenzie County
Eighteen permits canceled:
  • Enerplus (9): one Schwinn permit; one Huffy permit; one Beans permit; one Terrier permit; one Log House; one Carp permit; one Round House permit; one Curve permit; and one Deuce permit, all in Dunn County; 
  • XTO (5): three Tobacco Garden permits and two Arlene Federal permits, all in McKenzie County
  • Resource Energy Can-Am (4): a Kenyon permit; a Curly permit; an Armstrong permit, and, a Border Ranch permit, all in Divide County 
Three producing wells (DUCs) reported as completed:
  • 33738, 2,024, Hess, BB-Federal B-151-95-2122H-7,
  • 33736, 1,968, Hess, BB-Federal B-151-95-2122H-9,
  • 34013, 1,696, XTO, Serrahn 11X-5E,

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