New CEO/CIC Temporarily Bans All New Onshore Federal Drilling --January 21, 2021

Ban on drilling: simply for the archives. We'll wait to see how New Mexico and Amerindians respond. Impact:

• Amerindians
• New Mexico public schools
  
• need for new pipelines; Keystone XL, DAPL
• operators need to write off assets? 
• Saudi Arabia celebrates; OPEC+ cheers;
  

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Back to the Bakken

Active rigs:

$53.13	1/21/2021	01/21/2020	01/21/2019	01/21/2018	01/21/2017
Active Rigs	12	53	67	58	38

Five new permits, #38083 - #38087, inclusive:

• Operator: MRO
• Field: Bailey (Dunn)
  
• Comments (see graphics and production of existing well here):
• 38083, Baisch, Lot 1 146-94, 213 FNL 627 FEL,
• 38084, Opal, Lot 1 146-94, 227 FNL 589 FEL,
• 38085, Delores, Lot 1 146-94, 242 FNL 552 FEL,
• 38086, Seidler, Lot 1 146-94, 256 FNL 514 FEL,
• 38087, Weidner, Lot 1 146-94, 271 FNL 477 FEL,

Six new permits:

• MRO (3): a Coan permit, a Storedale permit, and a Mathia permit, all in Dunn County;
• Petroharvester (2): two LIG2 permits in Burke County;
• Oasis: a Borden Federal permit in Williams County;

Slawson transferred four Jore Federal wells to White Butte Oil Operations, LLC.