Friday, January 31, 2020

WTI Down To $51.56 As US Declares Coronavirus Public Health Crisis -- January 31, 2020

Active rigs: 

$51.561/31/202001/31/201901/31/201801/31/201701/31/2016
Active Rigs5465594045

Only one new permit, #37359:
  • Operator: Whiting
  • Field: Pronghorn
  • Comments:
    • Whiting has a permit for another Helling well in Pronghorn oil field, section 19-150-101; doesn't show up in today's daily activity report, but it shows up as a new permit among the scout tickets;
No permits canceled.

Seven SWD permits renewed, rare to see this many SWD permits in one report:
  • Oasis (3): two SWD wells in Williams County; one in McKenzie County
  • Petro Harvester: two SWD wells in Burke County
  • Lime Rock: one SWD well in Burke County
  • EOG: one SWD in Mountrail County
No producing wells (DUCs) reported as completed.

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