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Thursday, August 29, 2024

Five New Permits; One DUC Reported As Completed; And, Four Permits Canceled -- August 29, 2024

Locator: 48492B.

Weekly EIA petroleum report, link here:

  • in storage: 4% below the five-year average;
  • refiners: 93.3%
  • jet fuel delivered: up 2.6% compared y/y

Gasoline demand, link here:

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Back to the Bakken

WTI: $75.75.

Active rigs: 41.

Five new permits, #41080 - #41084, inclusive:

  • Operators: Oasis (4); Zavanna
  • Fields: Arnegard (McKenzie); Brooklyn (Williams)
  • Comments:
    • Oasis has permits for four Sapphire wells, lot 2, section 31-150-100, 
      • to be sited 2414 FNL with one at 455 FWL, 488 FWL, 554 FWL, and 587 FWL
    • Zavanna has a permit for a Midas well, SESE 36-155-99; 
      • to be sited 410 FSL and 915 FEL.

Four permits canceled:

  • XTO: four Kenneth permits, NWNW 17-154-96, Williams County;

One producing well (a DUC) reported as completed:

  • 33903, 195, Slawson, Mole 2-20H, Mountrail County;

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