Oasis Is Back! Five New Permits For Oasis -- Welcome Back, Oasis -- June 1, 2021

Brent: $70.65 

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Back to the Bakken

Active rigs, look at that, 67% more rigs than a year ago (by the way, the number of active rigs is less important than the number of operators with active rigs -- maybe a discussion for a later date):

$67.72	6/1/2021	06/01/2020	06/01/2019	06/01/2018	06/01/2017
Active Rigs	20	12	64	60	48

Five new permits, #38333 - #38337, inclusive:

• Operator: Oasis
• Field: Siverston (McKenzie)
• Comments:
• Oasis has permits for five Soto 5097 wells in lot 3 section 3-150-97;
• the wells will be sited between 436' and 346' FNL and 1942' and 2039' FWL

Three permits renewed:

• Petro Harvester: an FLX3 permit, a PTL4 permit, and an LIG2 permits, all in Burke County;

 Welcome back!