Friday, February 28, 2020

WTI Drops Below $45 On Coronavirus Demand Fears -- February 28, 2020

Active rigs:

$44.762/28/202002/28/201902/28/201802/28/201702/28/2016
Active Rigs5267574138

Two new permits, #37415 - #37416, inclusive --
  • Operators: Kraken, Oasis
  • Fields: Lone Tree Lake
    • Comments:
      Kraken has a permit for a Redfield Central well in Lone Tree Lake, NENW section 25-157-99;
    • Oasis has a permit for aWold well in the same oil field, Lone Tree Lake, according to the daily activity report, but that's clearly in error; it should be Sand Creek and that's what the scout ticket says (Sand Creek); in SWSE section 34-153-97;
One permit was renewed:
  • Whiting, an Olson permit in Williams County;
One producing well (a DUC) was reported as completed:
  • 35902, A/SI, Slawson, Tempest Federal 1 SLH, t--; cum -- ; not sure what is going on with this well; nothing in the file report; re-configuring the pad may have caused some delay;

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