Best thread ever. Wow, it took them a long time to come around to what we've been saying for quite some time. Like the past ten years.
And from that thread, from Bloomberg, rigs don't matter (don't take that out of context):
And, more:
We've also said this for years, link here:
And that $72 for Saudi Arabia is low-balling it. Some years ago, it was $100.
************************************************
Back to the Bakken
Active rigs:
$91.76 | 2/17/2022 | 02/17/2021 | 02/17/2020 | 02/17/2019 | 02/17/2018 |
---|---|---|---|---|---|
Active Rigs | 33 | 15 | 56 | 64 | 56 |
No new permits.
Five producing wells (DUCs) reported as completed:
- 37242, 3,567, MRO, Denny 11-3TFH,
- 37156, 4,122, MRO, Lowry 44-9TFH,
- 38189, 1,102, CLR, Tallahassee FIU 8-21HSL,
- 38396, 1,330, CLR, Dvirnak 10-7HSL1,
- 38320, 995, CLR, Dvirnak 11-7H,
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.