BR With Four New Permits -- February 20, 2019

API: weekly crude oil inventories -- link here. A build of 1.26 million bbls vs an expectation by analysts of a build of 3.08 million. The EIA report will be out tomorrow.


Active rigs:

$57.26	2/20/2019	02/20/2018	02/20/2017	02/20/2016	02/20/2015
Active Rigs	66	56	40	38	127

Four new permits:

• Operator: BR
• Field: Sand Creek (McKenzie)
• Comments: BR has permits for a 4-well Outlaw Gap / Gladstone Gap pad in SESE section 23-153-97 in Sand Creek;

Two permits renewed:

• Whiting: a Privratsky permit in Stark County
• Slawson: a Wolverine Federal permit in McKenzie County

Eight permits canceled:

• Slawson (6): six Osprey Federal permits, all in Mountrail County
• XTO (2): two Johnsrud permits, both in McKenzie County

Two producing wells (DUCs) reported as completed:

• 33538, 1,415, CLR, Hendrickson Federal 14-25HSL, Elm Tree, t1/19; cum --
• 35432, n/d, CLR, Syverson 4-12H, East Fork, t--; cum --;