Schlumberger: top oilfield service provider; raises earnings outlook.
- reported higher-than-expected profits
- calling it a multi-year cycle; some are calling this a super-cycle
Dividend announcement: shocker -- Blackstone reduces dividend. Full look here.
WTI: $94.70.
Natural gas: $8.30
Active rigs: 42 or thereabouts.
No new permits.
Twelve permits renewed:
- XTO (6): three Harley Federal permits; three Edwards Trust Federal permits, all in McKenzie County;
- Zavanna (5): five King Charles permits in Williams County
- Whiting: one Double Eagle permit in Mountrail County
Five permits canceled:
- Oasis: three Dahl permits in McKenzie County; two Borden Federal permits in Williams County
Two producing wells (DUCs) reported as completed:
- 36674, 1,428, Grayson Miill, Lucy Hanson 15-22 2H, see screenshot below.
- 38295, 1,158, Rolf Federal 11-17HSL,
Screenshot of #36674:
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