Despite Huge Build, WTI Finishes Higher; Active Rigs At 60 In North Dakota -- October 17, 2019

Active rigs:

$53.93	10/17/2019	10/17/2018	10/17/2017	10/17/2016	10/17/2015
Active Rigs	60	70	58	32	67

Two new permits, #37096 - #37097, inclusive:

• Operator: Hess
• Field: Cherry Creek (McKenzie County)
• Comments:
• Hess has permits for a 2-well BW-Spring Creek pad in section 13-149-99, Cherry Creek;
• Cherry Creek oil field is a 12-section rectangular oil field in the middle of McKenzie County

One permit canceled:

• Bruin: a Berg permit in Williams County

Eight producing wells (DUCs) reported as completed:

• 35351, 1,124, Hess, RS-State D-155-92-0203H-3, Alger, t9/19; cum --; #17792 off line;
• 35350, 783, Hess, RS-State D-155-92-0203H-4, Alger, t9/19; cum --;
• 35349, 1,018, Hess, RS-State D-155-92-0203H-5, Alger, t9/19; cum --;
• 34904, 1,469, Hess,  SC-JCB-154-98-1720H-7, Truax, t9/19; cum --;
• 14787, 10 (no typo) -- a Madison well, Cobra oil & Gas Corp, Pederso 5, NWNE 18-158-95, Williams County, was a Duperow well drilled in 1998; cum 113K for the Duperow; now a Madison well;
• 35981, 523, Sinclair, Uran 8-15H, Sanish, t8/19; cum 7K over 11 days;
• 35982, 934, Sinclair, Uran 7-15H, Sanish, t8/19; cum 7K over 7 days;
• 31470, 602, Sinclair, Uran 6-15TFH, Sanish, t8/19; cum 12K over 11 days; #17898 off line;