Whiting With Two New Permits -- June 23, 2020

At least "they" didn't call it a surprise:

• consensus: an inventory build of 299,000 bbls
• reported by API: 1.749 million bbls
• EIA will report tomorrow, Wednesday, July 24, 2020

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Back to the Bakken 

Active rigs:

$39.97	6/23/2020	06/23/2019	06/23/2018	06/23/2017	06/23/2016
Active Rigs	11	64	65	58	30

Two new permits, #37662 - #37663, inclusive --

• Operator: Whiting
• Field: Sanish (Mountrail)
• Comments: 
• Whiting has permits for two Lacey wells in SWNW 1-152-92, Sanish oil field, both2126' FNL and about 400' FWL

Enerplus resurveyed:

• 36275, Salmon, SWNE 3-148-94, just a few feet different in new location;

Three producing wells (DUCs) reported as completed:

• 31908, TA/A, Equinor, Sax 25-36 XE 1H, Banks,  t--; cum 137K 4/20;
• 36664, SI/A, Petroshale, Jorgenson Federal 2MBH, Bear Den,  t--; cum 85K 4/20;
• 36665, SI/A, Petroshale, Jorgenson Federal 3MBH, Bear Den, t--; cum 65K 4/20;

After #31908 was reported, the following three wells showed a significant jump in production:

• 24372, 2,995, Equinor, Broderson 30-31 2H, Banks, t6/14; cum 299K 4/20; link here;
  
• 20531, 1,430, Equinor, Broderson 30-31 1TFH, Banks, 12/11; cum 232K 4/20; link here;
• 21792, 2,982, Equinor, Sax 25-36 1H, Banks, t7/12; cum 341K 4/20; link here;