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Nice for former WPX shareholders:
DVN: was up 4.45% today before the close. Held that gain after hours.
Comment: folks may not recall but there was an article not too long ago that said shale operators were going to have a ton of cash to give away. If I can find it, I will link it. Later: here it is. It's an old story. Not sure if it still has relevance.
GS: bullish on energy, ZeroHedge via Oilprice, link here.
Et tu, WB:
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Back to the Bakken
Active rigs:
| $60.05 | 2/16/2021 | 02/16/2020 | 02/16/2019 | 02/16/2018 | 02/16/2017 |
|---|---|---|---|---|---|
| Active Rigs | 15 | 56 | 64 | 56 | 39 |
No new permits.
One permit renewed:
- Resource Energy CanAm: a Bettle permit in Divide County
Twenty-two permits canceled:
- EOG (19): eleven Burke permits in Mountrail County; five Austin permits in Mountrail County; one Parshall, one Sidoia, one Van Hook permit, all in Mountrail County:
- White Butte Oil Operations (2): two Jore Federal permits in McKenzie County;
- Slawson: one Wolverine Federal permit in McKenzie County
