Whiting With Two New Permits; Active Rigs Decrease From Thirty-Four To Thirty-One -- November 29, 2021

ISO NE: late afternoon, at the 6th decile. Link here. $101 - $150; running at $125.

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Active rigs:

$69.69	11/29/2021	11/29/2020	11/29/2019	11/29/2018	11/29/2017
Active Rigs	31	14	57	66	55

Two new permits, #38681 - #38682, inclusive:

• Operator: Whiting
• Field: Parshall (Mountrail)
• Comments:
• Whiting has permits for two new LBJ wells in SWSW 14-153-91; sited 725 FSL and 415 FWL; and, 755 FSL and 415 FWL;
• Error: section 14-153-91 is in the Sanish, and Whiting already has existing LBJ sites in section 14-153-91 and they are labeled as Sanish wells on the scout tickets, not Parshall oil field. Sanish and Parshall are very, very close at that location, so it's possible I suppose, but highly doubtful. 
• see this post with graphics. 
  

Thirty-one active rigs; down from thirty-four last week.

• CLR: 8
• Hess: 3
• MRO: 3
• Oasis: 2
• Whiting: 2
• Koda: 1
• Petro-Hunt: 1
• Hunt: 1
• True Oil: 1
• Iron Oil: 1
• Sinclair: 1
• Ovintiv: 1
• Grayson Mill: 1
• Eagle Operating: 1
• Summit Carbon Solutions: 1
• Slawson: 1
• Enerplus: 1
• Crescent Point Energy: 1 -- last Friday, there were three CPEUSC rigs; today, only Nabors B21, file #38555.

So the three fewer today than Friday easily explained:

• CLR down one:
• Crescent: probably a typo on Friday and only two CPEUSC rigs, and today down from two to one. So, Crescent down two from Friday plus the one from CLR makes three; from thirty-four, results in thirty-one.