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Friday, December 13, 2019

Oh, So Close -- $59.97 For WTI Earlier Today -- Settles Solidly Above $59; Great News: Whiting Has Five New Permits -- December 13, 2019

Sources: NYMEX oil settles just above $60/bbl. 

Active rigs:

$59.7812/13/201912/13/201812/13/201712/13/201612/13/2015
Active Rigs5367514065

Five new permits, #37261 - #37265, inclusive:
  • Operator: Whiting
  • Field: Bully; Sanish;
  • Comments:
    • Whiting has permits for a four-well Borseth pad in Bully oil field; section 15-148-99;
    • Whiting also has a permit for a Feehan well in Sanish oil field; section 9-153-92;
    • After cancelling so many permits, nice to see Whiting some five new permits -- go Whiting!
Three permits renewed:
  • Hunt (2): two Palermo MCNIC permits in Mountrail County
  • Petro-Hunt: one Hurinenko permit in Dunn County

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