Four New Permits -- March 6, 2019; Jobs Added In January, 2019, Incredible -- Revised To 300,000 From 213,000 -- And That Didn't Get The WSJ Headline -- Sad

US jobs: private sector added 183,000 jobs in February. Nice, close, but no cigar; slightly less than the 185,000 forecast. But, as usual, during the Trump administration, the real news was not given the headline -- look at his -- amazing -- January jobs added was revised from 213,000 (a good number) to 300,00 -- an incredible number. Trump: making American great. Again.

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Back to the Bakken 

Active rigs:

$56.21	3/6/2019	03/06/2018	03/06/2017	03/06/2016	03/06/2015
Active Rigs	67	60	44	35	114

Four new permits:

• Operators: Nine Point Energy (3), Whiting
• Fields: Eightmile (Williams), Glass Bluff (McKenzie)
• Comments:
• Nine Point Energy has permits for a 3-well S Missouri pad in section 4-152-103 in Eightmile oil field
• Whiting has a permit for a Martell well in section 3-151-103 in Glass Bluff oil field

Wells coming off confidential list today: pending

One permit reinstated: EOG, a Riverview permit in McKenzie County, #31809.

Four producing wells (DUCs) reported as completed:

• 34176, n/d, CLR, Ravin 8-1H2, Dimmick Lake, t--; cum --;
• 34177, n/d, CLR, Ravin 9-1H, Dimmick Lake, t--; cum --;
• 34873, n/d, CLR, Ravin Federal 2-1HSL, Dimmick Lake, t--; cum --;
• 35538, 1,833, CLR, McClintock 8-1H1, Pleasant Valley, t2/19; cum --: (#22031, the sister well, drilled back in 2012, is still off-line)

Change of operator: about 180 wells were transferred from Enduro Operating to Cobra Oil & Gas Corporation. For the most part these were old wells. There were very few in the 15XXX series and less than ten in the 2XXXX series. Wells were located throughout the state to include wells in Williams, McKenzie, Renville, Burke, Golden Valley, Divide, Billings, Bottineau counties. It looks like there were only two wells in Dunn County and one well in Ward County but it's likely I missed some. I went through the list fairly quickly.

Speaking of operator:

Operator, Jim Croce