Five New Permits -- November 7, 2019

The price is right! Oilprice has it exactly right. The one metric that "matters" for electric cars -- $/KWh. That metric affects a) whether consumers buy EVS; and, b) whether manufacturers can make a reasonable profit. The metric that comes in second: range. I'm not sure we needed an article on the obvious.

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Back to the Bakken

Active rigs:

$56.92	11/7/2019	11/07/2018	11/07/2017	11/07/2016	11/07/2015
Active Rigs	54	67	54	38	64

Five new permits, #37163 - #37167, inclusive:

• Operators: Newfield (3); Whiting (2)
• Fields: Sand Creek (McKenzie); Glass Bluff (McKenzie)
• Comments:
• Newfield has permits for a 3-well PIttsburgh pad in section 3-153-96, Sand Creek oil field
• Whiting has permits for a 2-well Gullikson pad in section 31-152-103, Glass Bluff oil field

Thirteen permits renewed:

• CLR (9): two Sacramento permits, Williams County; seven Durham permits, McKenzie Coiunty
• EOG (4): four Mont permits in Williams County

Nine producing wells (DUCs) reported as completed:

• 36108, 5,396, MRO, Sarah 24-12TFH, Chimney Butte, t8/19; cum 91K in 54 days! (see this page for graphics)
  
• 36120, 3,196, MRO, Tufte 24-23TFH, Chimney Butte, t8/19; cum 64K in 47 days!
• 36118, 4,348, MRO, Brewster 24-23TFH, Chimney Butte, t8/19; cum 74K in 56 days;
• 36119, 5,068, MRO, Bugbee 24-23H, Chimney Butte, t8/19; cum 68K in 52 days!
• 36352, 3,445, MRO, Delmont 34-23H, Chimney Butte, t8/19; cum 70K in 58 days!
• 36374, 1,454, Kraken, Wallace 6-7 2H, Oliver, t10/19; cum --;
• 36632, 1,321, Kraken, Stevenson-Garner LE 31-30 1H, Oliver, t10/19; cum --; 
• 36375, 1,323, Kraken, Stevenson 31-30 5H, Oliver, t10/19; cum --;
• 35430, 570, Kraken, Knox-Ruby 16-21 LW 1H, Winner, t10/19; cum --;