- forecast: a moderate draw of 2.033 million bbls
- actual: a draw of only 812,000 bbls
- in the big scheme of things: no change
- false precision: forecast and actual measure to the near thousand bbls
- validation: tomorrow with the EIA data
- WTI: closes over $54 -- closing at $54.08
Active rigs:
$53.27 | 6/18/2019 | 06/18/2018 | 06/18/2017 | 06/18/2016 | 06/18/2015 |
---|---|---|---|---|---|
Active Rigs | 62 | 64 | 57 | 28 | 78 |
Ten new permits:
- Operators: Hess (7); Whiting (3)
- Fields: Manitou (Mountrail County), Glass Bluff (McKenzie)
- Comments:
- Hess has permits for a seven-well EN-Anderson pad in section 7-156-94, Manitou oil field; it appears that all seven may be "section line" wells (not sure about this, but all seven have "LE" in their legal name)
- Whiting has permits for a three-well Erickson pad in section 26-152-103, Glass Bluff oil field;
- Kraken (4): a Rat Lake, a Knife River, a Sikes, and a Liberty permit, all in Mountrail County
- Slawson (2): two Nightmaker permits, Mountrail County
- RimRock: a Moccasin Creek permit in Dunn County
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