Friday, November 4, 2022

Natural Gas Up Over Seven Percent; WTI Up Over Five Percent; BR With Eight New Permits -- November 4, 2022

Seasonal flu: the CDC data is fascinating. I will report it later, late tonight or tomorrow.

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Back to the Bakken

Active rigs: 40.

WTI: up 5.04%; up $4.44; closed at $92.61.

Natural gas: up 7.11%; up $0.425; closed at $6.40.

Eight new permits, #39381 - #39388, inclusive:

  • Operator: BR
  • Field: Westberg (McKenzie)
  • Comments:
    • BR has permits for four Devils Backbone wells and four Watchman Peak wells, all on the same pad in NENW 14-152-97;
      • the DB wells will be sited at 320 FNL and 2405 FWL and 2501 FWL;
      • the WP wells will be sited 320 FNL and between 2277 FWL and 2373 FWL

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