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

Active rigs:

$44.76	2/28/2020	02/28/2019	02/28/2018	02/28/2017	02/28/2016
Active Rigs	52	67	57	41	38

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;