Active Rigs In North Dakota Increase By One By End Of The Week -- October 18, 2019

Commentary this weekend: going through all the data posted this past week, and looking at what CLR is doing, my hunch is that the oil patch is going to look a lot different early next spring, and that Harold Hamm is preparing for that. Will discuss it over the weekend. I hope I don't lose my train of thought. LOL. 

Active rigs:

$53.78	10/18/2019	10/18/2018	10/18/2017	10/18/2016	10/18/2015
Active Rigs	61	70	55	32	67

No new permits today.

Two permits canceled:

• Newfield (2): two Obenour permits in McKenzie County

Seventeen permits renewed:

• EOG: (8)
• Oasis (4):
• CLR (4): 
• Hunt: one Oakland permit in Mountrail County

And that was all. Pretty meager except for all the permits that were renewed. But it was a busy week for NDIC, getting another spectacular Director's Cut released. Whoo-hoo!