WTI Will Close Below $62 Going Into The Weekend; Thirteen New Permits -- May 3, 2019

Active rigs:

$61.88	5/3/2019	05/03/2018	05/03/2017	05/03/2016	05/03/2015
Active Rigs	64	62	50	27	86

Thirteen new permits:

• Operators: EOG (8); Zavanna (4); Freedom Energy Operating, LLC (1)
• Fields: Antelope (McKenzie); Stony Creek (Williams); Stark County
• Comments:
• EOG has permits for an 8-well Clarks Creek pad in section 7-151-94 in Clarks Creek oil field;
• Zavanna has permits for a 4-well Panther pad in section 16-155-100 in Stony Creek
• Freedom Energy has a permit for a single wildcat well in section 21-139-96; Oltmans Panther 1-16,, #36417;  NENW 21-139-96; 1275 NFL 2413 FWL;
• watch this one: Freedom Energy has a well in the same section, #36308, Oltmans Ocelot 1-21; NENW 21-139-96; 1275 FNL 2383 FWL;
• a directional/vertical well in that immediate area, #22364, Hondl 21-1, Chimney Sweep Oil & Gas, targeted the Lodgepose; was dry;

Five permits renewed:

• XTO (2): a Bud permit in Williams County and a Johnsrud permit in McKenzie County
• Whiting: a Kostelecky permit in Stark County
• Hess: a(n) HA-Nelson permit in McKenzie County
• BR: an Ole Permit in McKenzie County

One permit canceled:

• 31242, PNC, Kraken, Torino 24-13H, in Mountrail County

One producing well (DUC) reported as completed:

• 35372, 2,776, Knut Berg Trust41-28HU, Pembroke, t4/19; cum --;
• neighboring well, #21440, is off-line