Friday, October 21, 2022

CLR With Ten New Permits; BR Renews 22 Permits; Natural Gas Drops Below $5 -- October 21, 2022

    Quite stunning: I hope everyone is paying attention. CLR with ten new permits and BR renews 22 permits. They are anticipating the end of SPR releases, and the beginning of driving season next summer, 2023. 

    Active wells: 44.

    WTI: $85.05.

    Natural gas: $4.959.

    Eleven new permits, #39328 - #39338, inclusive:

    • Operators: CLR (10): Petro-Hunt
    • Fields: Little Knife (Dunn); Charbonneau (McKenzie)
    • Comments:
      • CLR: see this note;
      • Petro-Hunt has a permit for a Mongoose well in Charbonneau field, SESW 8-149-102; 
        • to be sited 249 FSL and 1615 FWL

    Twenty-six permits renewed:

    • BR (22):
      • eight Parrish permits, McKenzie County;
      • eight Boxer permits, McKenzie County;
      • two Rink permits, McKenzie County;
      • two Boxstone permits, McKenzie County;
      • two Kermit permits, McKenzie
    • EOG (2): two Mont permits in Williams County, section 34-155-102;
    • Iron Oil Operating (2): two Buffalo permits in McKenzie County;

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