WTI Holds Above $78; Petro-Hunt With One New Permit; Two DUCs Reported As Completed -- January 10, 2022

Reminder: college football championship game, 7:00 p.m. CT tonight. ESPN?

Headline: "Kuwait's oil wealth fund looks to be entirely ESG compliant." LOL. 

Apple's Air Tags: police warning on Apple's AirTags on CNBC's Shepard Smith tonight. This is quite a story. It will be interesting to see/hear if Shepard Smith reports the "kicker" on this story. One can easily prevent the problem. There's only one catch.

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Back to the Bakken

Active rigs:

$78.44	1/10/2022	01/10/2020	01/10/2019	01/10/2018	01/10/2017
Active Rigs	32	55	66	53	36

NDIC says 34 active rigs but that includes a rig drilling a salt water disposal well and a rig drilling a well related to carbon capture, the Milton Flemmer 1 well.

One new permit, #38737.

• Operator: Petro-Hunt;
• Field: Little Knife (Dunn)
• Comments: Petro-Hunt has a permit for a Hartman well in SWSE 35-145-97; 
• to be sited 400 FSL and 1616 FEL.

Two producing wells (DUCs) reported as completed:

• 37405, 1,680, CLR, Gale 12-32H, Cedar Coulee, t--; minimal production;
• 37857, 2,616, MRO, Morgan USA 21-5TFH, Reunion Bay, first production, 9/21; t--; cum 92K 11/21; see this post.