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Monday, July 1, 2019

Well, That Didn't Last Long -- WTI Ended The Day Below $60; Fifteen Permits Renewed; Five DUCs Reported As Completed -- July 1, 2019

Active rigs:

$59.187/1/201907/01/201807/01/201707/01/201607/01/2015
Active Rigs6167583076

Three new permits
  • Operator: Petroshale
  • Field: Bear Den (McKenzie)
  • Comments: Petroshale has permits for a 3-well Jorgenson Federal pad in section 19-149-95, Bear Den oil field
Fifteen permits renewed:
  • SHD Oil & Gas (7): seven permits -- an Epsilon permit, a Delta permit, a Demeter permit, a Cheetah, a Narcissus permit, a Poseidon permit, and a Zeta permit, all in McLean County
  • Oasis (5): five Slagle permits in McKenzie County 
  • BR (2): two Patton permits in Dunn County
  • Whiting: one Stenehjem Federal permit in McKenzie County
One permit canceled:
  • CLR: one Burr Federal permint in Mountrail County
Five producing wells (DUCs) reported as completed:
  • 28953, 2,464, Hess, EN-Jeffrey-154-94-2215H-6, Alkali Creek, t5/19; cum 7K over six days;
  • 28952, 2,999, Hess, EN-Jeffrey-154-94-2215H-5, Alkali Creek, t5/19; cum 4K over three days;
  • 28951, 2,362, Hess, EN-Jeffrey-154-94-2215H-4, Alkali Creek, t6/19; no production data,
  • 35095, 3,807, Hess, AN-Bohmbach-153-94-2734H-6, Antelope-Sanish, t4/19; cum 52K over 43 days;
  • 33739, 2,444, Hess, BB-Federal B-151-95-2122H-6, t5/19; cum 22K over fourteen days; neighboring well, #18250, off-line; back on line for two days 5/19;

2 comments:

  1. I typed a couple "shale will grow more than you think, people" posts on Seeking Alpha and the financial markets noticed and dropped the price. Fear the shale, fear the shale.

    ReplyDelete
    Replies
    1. Pretty funny.

      The comment from the Saudi energy minister says it all. LOL.

      http://themilliondollarway.blogspot.com/2019/07/notes-from-all-over-part-1-july-1-2019.html

      Delete

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