Active Rigs Hold At 56; WTI Closes Above $56; Bruin With Eleven New Permits -- October 24, 2019

Active rigs:

$56.20	10/24/2019	10/24/2018	10/24/2017	10/24/2016	10/24/2015
Active Rigs	56	67	53	35	68

Eleven new permits, #37117 - #37127, inclusive:

• Operator: Bruin E&P Operating
• Field: Lone Tree Lake (Williams County); Ellisville (Williams County)
• Comments: 
• Bruin has permits for an 11-well Wm Brown pad in lot 4/section 1-157-99, Lone Tree Lake, and Ellisville

One producing well (DUC) reported as completed:

• 29297, 56, Cornerstone Natural Resources, LLC, Jepsen B-18-6190,  Northeast Foothills, t10/19; cum --; fracked 8/9/2019 - 8/10, 2018; 2 million gallons of water (very small frack); it looks like 42.8% water by mass; 34.7% sand by mass; and the rest, resin-coated proppant (but not sure if I'm reading the table correctly; bottom line, percent-wise, lots of sand vs water; and resin-coated proppant)