Thursday, June 25, 2020

Whiting With Two New Lacey Permits In Sanish Oil Field -- June 25, 2020

Dead cow: Vaca Muerta is no long economical. Link here.
As the global oil market began to fall apart earlier this year, fracking activity in Argentina’s Vaca Muerta came to a complete halt, with the number of fracking stages (a common measure of drilling activity in Argentina) falling from 430 in March to zero in April. See also S&P Global Platts.
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Back to the Bakken
 
Active rigs:


$38.726/25/202006/25/201906/25/201806/25/201706/25/2016
Active Rigs1062655830

Two new permits, #37668 - #37669, inclusive --
  • Operator: Whiting
  • Field: Sanish (Mountrail)
  • Comments:
    • Whiting has permits for two more Lacey wells in SWSW 3-152-92, both 300' FWL and about 850' from FSL

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