CLR Reports A Huge Fancy Buttes Well; Fourteen Permits Renewed; Twelve New Permits -- January 2, 2018

Fake news from Russia. Pretty funny -- little lies from white Russia -- I'm shocked! Shocked, I say.  Link here.  

• Russia’s output averaged 11.16 million barrels a day last year
• That’s a post-Soviet high, even amid cooperation with OPEC

Active rigs:

$46.54	1/2/2019	01/02/2018	01/02/2017	01/02/2016	01/02/2015
Active Rigs	66	52	39	60	171

Twelve new permits:

• Operators: Slawson (5); WPX (4); CRL (3)
• Fields: Big Bend (Mountrail); Squaw Creek (McKenzie); Indian Hill (McKenzie)
• Comments: Slawson has permits for a 5-well Slasher/Tempest/Orca Federal pad in 15-152-92; WPX has permits for a 4-well Beaver pad in 23-149-94; and, CLR has permits just south of Williston for a 3-well Honolulu pad in 15-153-101;

Fourteen permits renewed:

• Enerplus (9): nine "water fowl" permits in 20-148-93: Mallard, Daffy, Muscovy, Canvasback, Dewey, Scrooge, Pintail, Scaup, and Widgeon
• CLR (5): four Polk Federal permits in McKenzie County and one Salem permit in Williams County

Four producing wells (DUCs) reported as completed:

• 33836, 1,145, Abraxas, Yellowstone 6H, North Fork, t7/18; cum 90K 11/18; on line for only 16 days in 11/18; #18708 -- no jump in production;
• 33835, 1,360, Abraxas, Yellowstone 5H, North Fork, t8/18; cum 132K 11/18; #18708 -- no jump in production;;
• 33727, 2,232, CLR, Norway 3-5H, Fancy Buttes, t11/18; cum 19K 11/18; only on line for about 9 days; #19380 -- nice jump in production;
• 33728, 2,127, CLR, Norway 2-5H2, Fancy Buttes, t11/18; cum 27K 11/18; 18,384 K over 6 days extrapolates to 91,920 bbls of crude oil; #19380 -- nice jump in production;