OPEC Basket Pricing Below $15/Bbl -- April 21, 2020

OPEC Basket, link here:



MRO CEO: wants US state regulators to "stand down"; let the "market" handle this "crisis," link at Dallas Morning News. MRO is a "major" operator in the Bakken, as well as the Permian.

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Back to the Bakken

Note: in a long note like this there may be typographical and content errors; if this is important to you, go to the source.

Active rigs:

$13.02	4/21/2020	04/21/2019	04/21/2018	04/21/2017	04/21/2016
Active Rigs	30	63	59	49	29

Two new permits, #37528 - #3729, inclusive -- these two permits were posted yesterday at the blog based on data from scout tickets -

• Operator: Crescent Point Energy
• Field: Dublin (Williams)
• Comments:
• Crescent Point Energy has permits for four Pancake wells according to the daily activity report, but the scout tickets spell these wells as "Pankake" wells; SESE/SWSE 31-158-99; Dublin oil field; 

Nine wells approved for confidential status:

• Whiting (7): seven Wold Federal wells in McKenzie County;
• Hess (2): one TI-Ives well, and one TI-Blestrud well, both in Mountrail County

Wells with name changes:

• 17864, Slawson, from Jughead to Jughead Federal
• 27892, CLR, from Jersey to Jersey FIU
• 30259, Hess, from ....0706H-1 to ... 0705H-1
• 36122, Slawson, from MLH to TFH
• 36126, Slawson, from MLH to TFH
• 36672, Equinor, from TFH to H
• 36676, Equinor, from TFH to H
• 37291, CLR, from 19H to 19H1
• 37292, CLR, from 19H1 to 19H
• 37368, Petro-Hunt, from 159-95 to 159-94
• 37370, Petro-Hunt, from 159-95 to 159-94
• 37372, Petro-Hunt, from 159-95 to 159-94

Four permits renewed:

• Bruin: one Ann H. Thome permit in Williams Count; two Diamond permits in McKenzie County; and, one Forest USA permit, also in McKenzie County

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Crawfish Season 2020

Crawfish dinner #2.