CLR With Four More Carson Peak/Morris Permits -- Huge Crude Oil Draw -- API Estimate -- July 14, 2020

RBG hospitalized -- posted 4:28 p.m. CDT, July 14, 2020.

From June 3, 2020:

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Back to the Bakken

Weekly crude oil inventory, API estimate:

• forecast: a draw of 2.275 million bbls
• actual: a huge draw of 8.322 million bbls
• EPI data will be released tomorrow
• OPEC basket: $43.38

Active rigs:

$40.44	7/14/2020	07/14/2019	07/14/2018	07/14/2017	07/14/2016
Active Rigs	11	56	67	58	29

Four new permits, #37713 - #37716, inclusive:

• Operator: CLR
• Field: Oakdale (Dunn County)
• Comments: 
• CLR has permits for a four-well Morris / Carson Peak pad in SESE 26-147-96, Oakdale, field, see below:
• This is in addition to the four Morris / Carson Peak permits that expired and were just renewed by CLR this past week;
• I count 25 Morris / Carson Peak permits now

Twenty-three permits renewed (the seven consecutive business day in which 20 or more permits were renewed):

• BR (7): one Sanmuri permit,  four Muri permits, two Remington permits, all in McKenzie County;
• EOG (7): seven Burke permits in Mountrail County;
• Equinor (6): three Larsen permits and three Lucy Hanson permits, all in Williams County
• Enerplus (3): one Ridley, one Loggerhead, and one Aldabra permit, all in McKenzie County;

The new permits:

• 37713, conf, CLR, Morris 12-26H1, Oakdale, SESE 26-147-96, 505' FSL 390' FEL;
• 37714, conf, CLR, Morris 13-26H, Oakdale, SESE 26-147-96, 460' FSL 390' FEL;
• 37715, conf, CLR, Carson Peak 11-35H2, Oakdale, SESE 26-147-96, 370' FSL 390' FEL;
• 37716, conf, CLR, Carson Peak 12-35H1, Oakdale, SESE 26-147-96, 325' FSL 390' FEL;

The CLR Morris / Carson Peak wells are tracked here. In section 26, Carson Peak wells run north; Morris wells runs south. This is a very strange location as far as I can tell. -- they are on confidential so I don't know anything more about them.

The graphic: