WTI Can't Hold Above $60; Active Rig Count Goes To Seventeen -- April 12, 2021

Reminder: "Focus on Fracking" -- this week's edition, posted last night. Link here. I check it every week but sometimes I forget to post the link. Sorry. But the link is up today. 

Saudi: breakeven for Saudi next year -- $65. That would be Brent / OPEC basket, I assume.  

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Back to the Bakken

Active rigs (see below):

$59.63	4/12/2021	04/12/2020	04/12/2019	04/12/2018	04/12/2017
Active Rigs	17	36	63	59	51

Six new permits, #38253 - #38268, inclusive:

• Operator: Hess:
• Field: Alger (Mountrail County)
  
• Comments:
• Hess has permits for six EN-State B wells in SWSE 4-155-93;
• the wells will be sited 530' FSL and between 2285' and 2120' FEL
  

Eight permits renewed:

• CLR: six Breitling permits in Williams County; and two Harrisburg permits in McKenzie County;

Active rigs:

• CLR (4): Gordon Federal, Rodney, Candee, Harms
• Marathon (3): Fitterer, Hausauer, Burger USA,
• Hess (3): GO-Braaten, BL-Frisinger, EN-Rice,
• Enerplus: Lynx
• Slawson: Whirlcat Federal,
• Whiting: Lacey
• Oasis: Nikolai
• Petro-Hunt: Hurinenko
• CPEUSC: CPEUSC Sylven
• Iron Oil Operating: Madison

Rig	Operator	Well Name and Number	Current Location	County	File No	API	Start Date	** Next Location
H & P 515	PETRO-HUNT, L.L.C.	Hurinenko 144-98-2B-11-1HS	LOT1 3-144N-98W	BIL	38181	33007019250000	3/26/2021	Undetermined
H & P 456	CONTINENTAL RESOURCES, INC.	GORDON FEDERAL 2-5H1	NESE 6-148N-97W	DUN	36106	33025037130000	3/30/2021	Undetermined
NABORS x10	MARATHON OIL COMPANY	FITTERER 11-3H	LOT4 3-145N-94W	DUN	37243	33025039650000	4/8/2021	Undetermined
H & P 492	MARATHON OIL COMPANY	Hausauer 14-22TFH	SWSW 22-145N-94W	DUN	37387	33025039990000	4/2/2021	Undetermined
CYCLONE 38	CONTINENTAL RESOURCES, INC.	Rodney 14-29HSL	NENE 32-147N-96W	DUN	37408	33025040150000	4/5/2021	Undetermined
H & P 454	CONTINENTAL RESOURCES, INC.	Candee 13-9HSL	SESE 9-146N-95W	DUN	38153	33025041910000	4/6/2021	Undetermined
NABORS B13	OASIS PETROLEUM NORTH AMERICA LLC	Nikolai Federal 5297 11-6 10BX	LOT4 6-152N-97W	MCK	37624	33053094500000	3/4/2021	Undetermined
TRUE 40	ENERPLUS RESOURCES USA CORPORATION	Lynx 151-94-33C-28H	SWSE 33-151N-94W	MCK	37723	33053094910000	4/8/2021	Undetermined
NABORS B27	CONTINENTAL RESOURCES, INC.	Harms Federal 18-33H	SESW 32-153N-93W	MCK	37988	33053096100000	* MIRU	Undetermined
NOBLE 1	IRON OIL OPERATING, LLC	MADISON 2-1	SENW 2-148N-102W	MCK	90177	33053901770000	4/9/2021	Unknown
NABORS X28	HESS BAKKEN INVESTMENTS II, LLC	EN-RICE- A-155-94-0310H-4	LOT3 3-155N-94W	MTL	37332	33061046630000	4/6/2021	Undetermined
PATTERSON 808	WHITING OIL AND GAS CORPORATION	Lacey 43-2-2XH	NESE 2-152N-92W	MTL	37855	33061048240000	4/7/2021	Undetermined
UNIT 414	SLAWSON EXPLORATION COMPANY, INC.	Whirlcat Federal 5-31-19TFH	LOT3 6-151N-92W	MTL	37920	33061048330000	3/27/2021	Undetermined
H & P 259	MARATHON OIL COMPANY	BURGER USA 41-18TFH	NWNE 18-150N-92W	MTL	37999	33061048400000	4/3/2021	Undetermined
NABORS X24	HESS BAKKEN INVESTMENTS II, LLC	BL-FRISINGER- 156-95-2833H-4	NENE 28-156N-95W	WIL	37130	33105053760000	4/7/2021	Undetermined
NABORS B06	CRESCENT POINT ENERGY U.S. CORP.	CPEUSC Sylven 4-11-2-158N-100W-MBH	SESW 11-158N-100W	WIL	37883	33105055580000	4/9/2021	Undetermined
NOBLE 4	HESS BAKKEN INVESTMENTS II, LLC	GO-BRAATEN- 156-97-2833H-2	SESW 21-156N-97W	WIL	38060	33105055810000	4/12/2021	Undetermined