Number Of Active Rigs In North Dakota Drops Below 20; Hess With One New Permit -- May 8, 2020

OPEC basket: $22.91 

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Back to the Bakken

Active rigs:

$24.74	5/8/2020	05/08/2019	05/08/2018	05/08/2017	05/08/2016
Active Rigs	19	64	60	49	27

One new permit, #37567 --

• Operator: Hess
• Field: Jim Creek (Dunn)
• Comments: 
• Hess a permit for an LK-Olson wells in SESW 29-145-96; Jim Creek oil field;

Twelve permits renewed:

• Crescent Point Energy (5): five Chase Douglas permits in Williams County;
• XTO (4): three Lawler permits in McKenzie County, and one Kenneth permit in Williams County;
• Whiting (2): one Kessel permit in Stark County, and one Kaden TTT permit in Mountrail County;
• Equinor: a Marcia permit in Williams County;

Approved for "confidential status":

• two CLR Bohmbach Federal wells;
• one CLR Hostein Federal well; and, 
• one Marshall well;

Three permits canceled:

• QEP: three MHA permits in McKenzie County

Change in target:

• Equinor is changing target from Three Forks to middle Bakken for three Pyramid wells in Williams County;