Five New Permits In The Bakken -- July 16, 2019

WTI: slumps. Tension in the Mideast dries up; Barry is a non-story.

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Active rigs:

$58.02	7/16/2019	07/16/2018	07/16/2017	07/16/2016	07/16/2015
Active Rigs	56	69	58	29	74

Six new permits: #36738 - #36743, inclusive:

• Operators: XTO (3), Lime Rock (2), Iron Oil Operating
• Fields: North Fork (McKenzie), Fayette (Dunn), Ellsworth (McKenzie)
• Comments:
• XTO has permits for a 3-well Edwards Trust pad in section 19-149-97, North Fork oil field; 
• Lime Rock Resources III-A has permits for a 2-well Reube Schneider pad in section 27-143-96, Fayette oil field
• Iron Ore has a permit for an Ellsworth permit in lot 3 / section 3-148-101, Ellsworth oil field;

Five producing wells (DUCs) reported as completed:

• 35463, 602, Whiting, Urban 44-11-6H, East Fork, t6/19; cum --;
• 35458, 1,051, Whiting, Urban 44-11-3TFH, East Fork, t6/19; cum --;
• 31563, 1,137, Slawson, Submariner Federal 5-23-20TFH, Big Bend, t6/19; cum --;
• 31562, 2,514, Slawson, Submariner Federal 3-23-20H, Big Bend, t6/19; cum --;
• 31561, 2,175, Slawson Submariner Federal 6-23-20TFH, Big Bend, t6/19; cum 7K over 9 days;

Nine permits renewed:

• Hess (4): four LK-Quilliam permits in Dunn County
• XTO (3): three Harley Federal permits in McKenzie County
• Resource Energy: one Curtis permit in Divide County
• Whiting: one Wright permit in McKenzie County