Updates
Later, 3:27 p.m. CT: see first comment. There is an explanation for the "discrepancy."
Original Post
Apparently rigs don't matter.
- Z4 Research, active rig count down to 47 in North Dakota
- NDIC:
| $56.09 | 7/26/2019 | 07/26/2018 | 07/26/2017 | 07/26/2016 | 07/26/2015 |
|---|---|---|---|---|---|
| Active Rigs | 59 | 63 | 60 | 33 | 73 |
- Director's cuts:
It's possible NDIC is reporting "all" active rigs regardless of what they are doing; while Z4 Research is reporting only rigs targeting crude oil. Either way, no big deal. North Dakota producing near record amounts of oil on ever-decreasing number of active rigs
Seven new permits, #36790 - #36796, inclusive:
- Operators: Sinclair, Hess
- Fields: Lone Butte, Manitou
- Comments:
- Sinclair has permits for a 4-well Harris Federal pad in lot 2 / section 5-146-97, Lone Butte oil field,
- Hess has permits for a 3-well EN-Ruland pad in lot 1 / section 4-155-94, Manitou oil field
