Winter Is Coming; Into The Fourth Quarter Capex; Active Rigs Down To 39 -- November 8, 2022

Recession? Not in north Texas:

• had to run a few errands this afternoon; parking lots at malls, big-box stores, completely full;
• Costco: sold out of new Apple iPads
• Apple Store: limited supply of new iPads; older versions completely sold out
• Target parking lots full
• long drive-through lines at Starbucks
  

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Back to the Bakken

No DUCs: I just updated the wells that came off the confidential list during the month of July, 2022, the first month of the last (3rd) quarter; except for a small handful, all wells were completed; a handful of DUCs. Link here.

Active rigs: 39.

WTI: $88.91; down 3%; down $2.88 after API reports big build;

Natural gas: $6.138

Five new permits, #39391 - #39395, inclusive:

• Operator: Crescent Point Energy
• Field: Church (Williams) (3); Winner (Williams ) (2);
• Comments (the five wells will all be on one pad):
• Crescent Point Energy has permits for three Matilda May wells, SWSE 20-158-100; 
• to be sited 350 FSL and between 1850 FEL and 1950 FEL; and,
• Crescent Point Energy has permitsfor two Ruby wells, SWSE 20-158-100; 
• to be sided 350 FSL and between 1875 FEL and 1925 FEL; 

One producing well (a DUC) reported as completed:

• 38727, 795, Slawson, Sauger Federal 4-22H, Big Bend,
  
• Sauger wells are tracked here, but that post needs to be updated.