Thursday, March 19, 2020

WTI Recovers A Bit; North Dakota Rig Count Drops To 52 -- March 19, 2020

Active rigs:

$25.913/19/202003/19/201903/19/201803/19/201703/19/2016
Active Rigs5266584732

Five new permits, #37457 - #37461, inclusive --
  • Operator: Petro-Hunt
  • Field: Phelps Bay (McKenzie)
  • Comments:
    • Petro-Hunt has permits for a five-well USA pad in section 24-153-95, Phelps Bay; the pad is sited in section 24, Charlson oil field, but it appears the horizontals will run north into sections 13/12, in Phelps Bay (add these five to another three March 20, 2020).
SWD:
  • 37456, SWD, CLR, LCU Asgard SWD, Long Creek, not sure if NDIC has changed their numbering system or if this was originally permitted as an oil & gas well; it's on confidential so will have to wait to find out;

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