Friday Close: $74.05: No New Permits; Three DUCs Reported As Completed -- June 25, 2021

But not the Keystone XL: nineteen US oil and gas pipelines moving to completion this year. Link to Charles Kennedy. 

• this year, 2021
• crude oil projects: 12
• hydrocarbon gas liquids projects: 6
• new pipelines: 10
• expansions/extensions of existing pipelines: 7
• conversions: 2
• the year before, 2020: 
  
• crude oil projects: 11
• hydrocarbon gas liquids projects: 24
• new pipelines: 11
• expansions/extensions of existing pipelines: 11
• 2014, record year
• 35 projects
• 2019:
• 30 projects
  

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Back to the Bakken

Active rigs:

$74.05	6/25/2021	06/25/2020	06/25/2019	06/25/2018	06/25/2017
Active Rigs	20	10	62	65	58

No new permits but two Bruin FB Belford wells approved for confidential status.

One permit renewed:

• XTO: a Ruby State Federal permit in McKenzie County.

Three producing wells (DUCs) reported as completed:

• 36471, drl/A, Slawson, Periscope Federal 2-10-11-12H, Big Bend, no production data,
• 37535, loc/A, CLR, Kennedy 15-31HSL, Dimmick Lake, minimal production,
• 37056, drl/A, CLR, Angus Federa 11-9H2, Elm Tree, minimal production,