Seven New Permits -- February 13, 2019

Today, from Goldman Sachs over at oilprice:

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.

 *********************************************

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

Nine producing wells (DUCs) reported as completed:

• 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 --;