Wednesday, June 29, 2022

Enerplus With Four New Permits; Seven Permits Renewed -- June 29, 2022

Wimbledon stunner:

  • Harmony Tan, world ranking about 151, defeats Serena Williams in first round
  • say what?

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Back to the Bakken

NDIC GIS map still not available. Goal was to have map up by June 24, 2022. 

WTI: after hitting $112, fell back to $110 at the close.

  • more and more talk of $200-oil
  • Biden administration already in panic; talking about another 45-million-bbl release from the SPR;

Active rigs: 44

Four new permits, #39058 - #39061, inclusive:

  • Operator: Enerplus
  • Field: Little Knife (Dunn County)
  • Comments:
    • Enerplus has permits for four Olson wells in SWSW 34-147-97; 
      • to be sited between 492 FSL and 529 FSL and between 424 FWL and 515 FWL

Seven permits renewed / reinstated:

  • XTO (4): four Twin State Federal permits in McKenzie County
  • Sinclair (3): three Lizzie Rae permits, also in McKenzie County

Temporarily abandoned:

  • Oasis: eight wells -- four Helix wells, two Ruud wells, and two Helling Trust Federal wells, all in the prolific Mountrail County;
  • Cobra: a JV-P SSU well in Divide County
  • Citation Oil: a Tank well in McKenzie County

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