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Friday, April 26, 2019

NIne New Permits In The Bakken -- April 26, 2019

Active rigs:

$63.30*4/26/201904/26/201804/26/201704/26/201604/26/2015
Active Rigs6463482684

*WTI drops $3/bbl after President Trump calls Prince Salman about opening the spigots to keep the price of gasoline down this summer.

Nine new permits:
  • Operators: Whiting (6); CLR (3)
  • Fields:Sanish (Mountrail County); Jim Creek (Dunn County)
  • Comments:
    • Whiting has permits for a 3-well Ogden pad in section 3-154-92, Sanish oil field,
    • Whiting has permits for a 2-well Ogden pad in lot 4/section3-154-92, one in Sanish oil field, the section line well in Alger oil field;
    • Whiting has a permit for a single Stenseth Trust well in lot 4/section 5-152-91, Sanish oil field
    • CLR has permits for a 3-well Nadia pad in Lot 3/section 18-146-96, Jim Creek oil field

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