65 Active Rigs In North Dakota; Rimrock With Eight New Permits; WTI Holds Above $63 -- May 1, 2019

WTI: despite staggering increase in US crude oil inventories, WTI holds above $63 

Active rigs:

$63.62	5/1/2019	05/01/2018	05/01/2017	05/01/2016	05/01/2015
Active Rigs	65	61	49	29	86

Eight new permits:

• Operator: Rimrock Oil & Gas Williston, LLC
• Field: Mandaree (Dunn County)
• Comments: Rimrock has permits for an 8-well Skunk Creek / Two Shields Butte in section 24-149-93, Mandaree oil field

One producing well (DUCs) reported as completed:

• 35373, 2,437, Whiting, Knut Berg Trust 41-28H, Pembroke, no production data;