Friday, January 27, 2023

Friday End-Of-Day Report -- January 27, 2023

Egypt: currency crisis. Link here.

And some folks think JPow is being too aggressive.

Germany, 2022: oil imports rose eleven percent; crude oil import bill doubles. Link to Julianne Geiger.

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Back to the Bakken

Active rigs: 44.

WTI: $79.98.

Natural gas: $3.109

Eight new permits, #39605 - #39612, inclusive:

  • Operators: Oasis (5); Ovintiv (3)
  • Fields: Alger (Mountrail); Cottonwood (Mountrail); Sandrocks (McKenzie)
  • Comments:
    • Oasis has permits for three Jammer wells and two Heron wells, SWSE 32-157-92; 
      • the Heron wells to be sited 2035 FEL with one 400 FSL and the otheer 445 FSL; 
      • the three Jammer wells bo be sited 1995 FEL and at 695 FSL, 740 FSL, and 785 FSL;
    • Ovintiv has permits for three Barracuda wells, SWSE 35-151-100, 
      • to be sited 939 FSL and between 2208 FEL and 2168 FEL:

Three permits canceled:

  • Lime Rock Resources: three State Dvorak permits in Dunn County, Manning oil field

Six producing wells (DUCs) reported as completed:

  • 35412, 150, Crescent Point Energy, CPEUSC Austin 3-17-20-158N-99W-MBH,
  • 38240, 2,971, Ovintiv, Kramer 150-97-18-19-1HLW,
  • 38241, 2,470, Ovintiv, Kramer 150-97-18-19-12H,
  • 38242, 1,707, Ovintiv, Kramer 150-97-18-19-2H,
  • 38243, 1,405, Ovintiv, Kramer 150-97-18-19-13H,
  • 38792, 968, Ovintiv, White Butte 146-98-34-27-1H,

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