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Back to the Bakken
WTI: $109.60
Active rigs: 44
One new permit, #39055:
- Operator: Ovintiv
- Field: Westberg (McKenzie County)
- Comment: Ovintiv has a permit for a Clear Creek Federal well in SESE 36-152-97;
- to be sided 804 FSL and 747 FEL;
Twenty-four permits renewed / reinstated:
- Rimrock (8): eight Skunk Creek permits in Dunn County
- Spotted Hawk Development (SHD) (6): each of the following permits in McLean Couonty: Poseidon, Narcissus, Zeta, Delta, Demeter, Cheetah
- Oasis (5): five Slagle permits in McKenzie County
- Kraken (3): three Sidney permits in Williams County
- Petro-Hunt: a USA permit in McKenzie County; NWNE 24-153-95;
- Enerplus: a Ridley permit in McKenzie County
The number of renewed / reinstated permits we are seeing this year confirms something I said years ago about the Bakken: a cancelled / expired permit does not mean a whole lot. Some / many / most are renewed or reinstated.
Regarding the the Texas grid holding today. I live in The Woodlands. We got some much needed rain today. It has not rained here in over a month. The temperature dropped from 100 at about 3 in the afternoon to about 85 about an hour later.
ReplyDeleteCloudy and cooler here today, also, in DFW area.
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