Wednesday, June 26, 2019

Ten New Permits; WTI Closes At $59.12 -- June 26, 2019

Active rigs:

$59.126/26/201906/26/201806/26/201706/26/201606/26/2015
Active Rigs6264593075

Ten new permits:
  • Operators: Hess (6); WPX (4)
  • Fields: Beaver Lodge (Williams); Heart Butte (Dunn County)
  • Comments:
    • Hess has permits for a six-well Ramberg pad in section 6-155-95; Beaver Lodge oil field
    • WPX has permits for a four-well Nighthawk pad in section 34-149-92; Heart Butte oil field
Five permits renewed:
  • XTO (4): four Ruby State Federal permits in McKenzie County
  • Petro-Hunt: a USA permit in McKenzie County 
Three producing wells (DUCs) reported as completed:
  • 35298, 4,634, WPX, Minot Grady 26-35HD, Squaw Creek, t6/19; cum --;
  • 35300, 3,793, WPX, Minot Grady 26-35HC, Squaw Creek, t6/19; cum --;
  • 19742, apparently still being discussed whether well worth "keeping"; reminder: NDIC sundry forms lag real world events;
    • 19742, 189, Condor 1-36-25H, Winter Butte, Bakken, t1/12; cum 31K 4/19;
    • 19742, 2, Condor 1-36-2H, Winter Butte, Madison t4/19; cum --;

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