No New Permits -- July 22, 2022

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: