North Dakota Rig Count At 45 -- Will Drop More -- March 30, 2020

First things first: focus on fracking -- blog -- every Sunday night -- released -- scroll through quickly to find items of interest -- some observations --

• several long updates on the DAPL ruling 
• Whiting, CLR cost-cutting measures
• Equinor halts US shale activity -- much there of which I was unaware
• excellent discussion of US crude oil in storage

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Back to the Bakken

Active rigs:

$20.34	3/30/2020	03/30/2019	03/30/2018	03/30/2017	03/30/2016
Active Rigs	45	66	60	49	31

Reminder: wells coming off the confidential list during Bakken 4.0 and don't report an IP are tracked here.

Wells coming off the confidential list over the weekend, Monday -- Monday, March 30, 2020: 83 for the month; 254 for the quarter, 254 for the year:

• 36969, A, Slawson, Whirlwind 7-31TFH, Big Bend, t--; cum 2K over 6 days, then shut in;
• 36933, drl, Petro Harvester Operating, WOB1 33-28 163-90 C, Woburn, t--; cum 13K 1/20;
• 36667, A, Slawson, Hunter 9-17-8H, Big Bend, t--; cum 9K over 13 days;
• 36128, 591, Lime Rock Resources, State 7-25-36H-144-97L, Cabernet, see this post; t101/19; cum 82K 1/20; a 23K month;
• 33433, 1,933, EOG, Liberty LR 42-1109H, Parshall, t10/19; cum 114K 1/20; 38K month;

Sunday, March 29, 2020: 78 for the month; 249 for the quarter, 249 for the year:

• 36502, drl, WPX, Skunk Creek 1-12HW, South Fork, t--; cum 8K over 23 days;
• 35934, 583, Lime Rock Resources, Shuck 7-33-28H-144-97, Little Knife, t10/19; cum 46K 1/20;

Saturday, March 28, 2020: 76 for the month; 247 for the quarter, 247 for the year:

• 36932, drl, Petro Harvester, WOB1 04-09 162-90 C, Woburn, t--; cum 872 bbls over two montsh;
• 36503, drl, WPX, Skunk Creek 1-12HA, South Fork; see this post; t--; cum 10K over 22 days;
• 35965, 1,028, Lime Rock Resources, Karyk 7-24-13H-144-97L, Cabernet, see this post; t10/19; cum 71K 1/20;
• 34600, drl, MRO, Verne USA 24-21TFH, Reunion Bay,

RBN Energy: outlook for oil/gas/NGL supply, demand and prices -- completely blown away. I think I will simply archive this one. It's a keeper.