Tomorrow, from Goldman Sachs: $20 WTI is more likely than $60 WTI. On the other hand, Saudi Arabia tried destroying US shale back in 2014. We saw how that worked out. Might as well try "shock and awe" OPEC cuts. But I will believe it when I see it.
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Back to the Bakken
Active rigs:
$54.00 | 2/13/2019 | 02/13/2018 | 02/13/2017 | 02/13/2016 | 02/13/2015 |
---|---|---|---|---|---|
Active Rigs | 64 | 58 | 36 | 41 | 137 |
Seven new permits:
- Operators: Hess (6), Lime Rock
- Fields: Blue Buttes (McKenzie), Murphy Creek (Dunn)
- Comments: Hess has permits for a 6-well BB-Federal A-LS pad in section 16-151-95 in Blue Buttes oil field
- 34000, 2,001, Hess, SC-1WX-152-99-0809H-2, Banks, t1/19; cum --;
- 34084, 2,441, Equinor, Sjol 5-8f, 5H, Williston, t1/19; cum --;
- 25955, 690, Equinor, Mark 4-9F, 6TFH, Williston, t1/19; cum --;
- 32292, 2,387, Equinor, Mark 4-9F 7H, Williston, t1/19; cum --;
- 34085, 1,328, Equinor, Sjol 5-8F, 6TFH, Williston, t1/19; cum--;
- 35106, 699, Kraken Operating, Goodman LW 36-25 2H, Squires, t1/19; cum --;
- 35105, 735, Kraken Operating, Goodman 36-25 3H, Squires, t1/19; cum --;
- 35104, 785, Kraken Operating, Goodman 36-25 4H, Squires, t1/19; cum --;
- 32293, 237, Equinor, Mark 4-9F, 8TFH, Williston, t1/19; cum --;
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