Pages

Friday, September 4, 2020

WTI Drops Below The All-Important $40-Support Level; Five DUCs Reported As Completed -- September 4, 2020

We'll get to the daily activity report soon enough, but first -- TCM tonight: The T.A.M.I. Show. One word: wow. So many firsts. It was filmed October 28 and 29, 1964, at the Santa Monica Civic Center -- I often think Santa Monica could have become a "bigger city" than it did had the "city fathers" figured out what they had. But I digress. The best segments were put together to make a film which was released December 29, 1964. 

Santa Monica was the terminus of US Route 66

And then -- thank goodness for the remote control -- the complete re-airing of today's first round of the PGA's FedEx Tour Championship.

A little soup for dinner and I'm all set. 

Daily activity report .... coming up. 

Labor Day gasoline prices the lowest in 16 years.  

WTI breaks below $40, dropping almost 4%. More than just Saudi Arabia may be in deep doo-doo.

Brent: closing at $42.66, traded down 3.2%.

******************************
The Daily Activity Report

Active rigs:

$39.77
9/4/202009/04/201909/04/201809/04/201709/04/2016
Active Rigs961625633

No new permits.

Six permits renewed:

  • Crescent Point Energy: three CPEUSC Austin and three CPEUSC Narcisse permits, all in Williams County;

Three Oasis Bobby wells were reported as plugged or producing (#35591, #35592, and, #35593).

Five producing wells (DUCs) reported as completed:

  • 32382, SI/A, CLR, Antelope Federal 9-23H1, Elm Tree, no production;
  • 35144, SI/A, CLR, Durant 3-12HSL1, East Fork, no production;
  • 35146, SI/A, CLR, Durant 5-12H1, East Fork, no production;
  • 35148, SI/A, CLR, Durant 12H1, East Fork, no production;
  • 36690, SI/A, Petro Harvester Operating, FTH1 27-34 161-92 B, Foothills, t--; cum 126K 7/20;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20203114253149632540418547144104137
BAKKEN6-2020301440614307249811385279575895
BAKKEN5-20203115892156072865314069120462023
BAKKEN4-2020301622815900332091301283784634
BAKKEN3-2020311961619504457891445470457409
BAKKEN2-2020271478514606372421438510014285
BAKKEN1-20203114499145344017019358308916269
BAKKEN12-201931160061570510213120477020477
BAKKEN11-2019105390221523760376

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.