WTI: $81.27. Surged 3.12%; up $2.46; closed at $81.27. Apparently:
- traders watched Brandon's Secretary of Energy laugh when she was asked about high gasoline prices; and,
- Saudi laughed when Brandon told "them" (OPEC+) they need to produce more oil when it is actually Brandon who is trying to minimize US imports of Canadian crude oil; and,
- traders noted that the US Congress is threatening to "sue" US oil companies for "threats to humanity."
Aaron Rodgers: liar, liar, pads on fire. Said he was immunized. Apparently not against Covid-19.
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Back to the Bakken
Active rigs:
| $81.27 | 11/5/2021 | 11/05/2020 | 11/05/2019 | 11/05/2018 | 11/05/2017 |
|---|---|---|---|---|---|
| Active Rigs | 32 | 13 | 55 | 65 | 55 |
No new permits.
Six permits renewed:
- EOG (4): four Mont permits in Williams County
- Resource Energy Can-AM: one Ranger permit in Divide County
- North Range Resources: one Placid permit in McKenzie County
Four producing wells (DUCs) reported as completed:
- 37195, 787, Slawson, Mauser Federal 6-18-17H,
- 37196, 636, Slawson, Mauser Federal 8-18-17TFH,
- 37197, 1,577, Slawson, Mauser Federa 5-18-17H
- 38191, 678, Ovintiv, Rolfsrud 152-96-29-32-14H,
The NDIC lists 32 active rigs in North Dakota. I have not reviewed the list.
