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Wednesday, June 22, 2022

"Damn The Torpedoes, Full Speed Ahead" -- CLR With Six New Permits -- June 22, 2022

NDIC GIS map: no update

WTI: $104.

  • there are only two explanations for the sudden drop in the price of oil;
  • we'll come back to this later;

Active rigs: 42 or thereabouts; certainly not more;

Six new permits, #39043 - #39048, inclusive:

  • Operator: CLR
  • Field: Jim Creek (Dunn)
  • Comments:
    • CLR has permits for six Kelling wells in SESW 4-145-96; 
      • to be sited 500 FSL and between 2412 FWL and 2187 FWL, 

Five permits renewed / reinstated:

  • Whiting (2): two Pennington permits, Mountrail
  • RimRock (2): a Chokecherry permit and a Prairie Rose permit, both in Dunn County
  • MRO: a Juliet permit in Dunn County

Five permits canceled:

  • Oasis (4): four MHA permits, all in Mountrail County
  • CLR: a Chloe permit in Williams County

Three producing wells (DUCs) reported as completed, without the NDIC GIS map, not much can be said:

  • 38293, 1,626, CLR, Springfield 11-8HSL, Brooklyn, minimal production, 
  • 38296, 1,473, CLR, Rolf Federal 10-17H1, Brooklyn, minimal production,
  • 38297, 1,667, CLR, Rolf Federal 9-17H, Brooklyn, minimal production, 

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