Friday, November 22, 2019

Three New Permits -- November 22, 2019

CRC: down another 6.7% today. The Dow was up about 109 points. Perhaps CRC can be followed as a proxy for the future of oil in California.

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Back to the Bakken

Active rigs:

$57.9711/22/201911/22/201811/22/201711/22/201611/22/2015
Active Rigs5762543665

Three new permits, #37211 - #37213, inconclusive:
  • Operator: Hess
  • Field: Tioga (Mountrail)
  • Comments:
    • Hess has permits for a 3-well TI-Nelson pad in section 30-157-94, Tioga oil field;
One permit canceled:
  • Oasis: a Fraser Federal permit in Williams County

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