CLR With Three New Permits; Enerplus Cancels Four Permits; BR Reports Another Completed DUC -- July 13, 2022

WTI; $96.30.

• having come up a bit off its low for the day, this suggests:
• recession worries were the initial reason for the price of oil dropping;
• now, the price of WTI is probably as much about the strength of the dollar as anything else
• it will be interesting to see how traders "see" Biden's trip to the mideast
  

Natural gas: $6.689

NDIC GIS map server: remains in-op.

Active rigs: 45 or thereabouts. NDIC repoorts 46 active rigs; at least one is SWD.

Three new permits, #39083 - #39085, inclusive:

• Operator: CLR
• Field: West Capa (Williams)
• Comments:
• CLR has permits for three Woodrow permits in SESW 32-155-96, 
• to be sited 365 FSL and between 1935 FWL and 2025 FWL

Four permits cancceled:

• Enerplus: four WM Brown permits, Williams County

One producing well (a DUC) reported as completed:

• BR, 0 (no typo; not unusual for BR), Outlaw Gap 34-23TFH,

Six dry holes reported:

• information pending
• obviously not "dry" in the sense that there is no oil there;
• we've discussed similar situations before
• scout tickets / file reports do not yet reflect this information;
  
• Oasis:
• 34133, dry, Borden Federal ...
• 34132, dry, Borden Federal ...
• 31654, dry, O M Erickson ...
• 35613, dry, A Johnson ....
• CLR:
• 37446, dry, Irgens Rexall ...
• 37292, dry, Irgens Rexall ...