Five New Permits; Three DUCs Reported As Completed; Late Evening Trading WTI Back Over $78 -- August 1, 2024

Locator: 48289B.

From oilprice today: only in their dreams -- how many times have I seen such headlines in the past fifteen years ... including all the way up to $200 .....

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Back to the Bakken

WTI: $78.34 -- late trading, Thursday night, August 1, 2024.

Active rigs: 40.

Five new permits, #40989 - #40093, inclusive:

• Operators: WPX (3); Stephens Williston (2):
• Fields: Heart Butte (Dunn County); Stanley (Mountrail)
• Comments:
• Stephens Williston has permits for two Prattsville Federal wells, SESW 7-155-90; 
• both to be sited 450 FSL with one 1859 FWL and the other 1894 FWL;
• WPX has permits for three FBIR MHA wells, NENW 18-149-92, 
• to be sited 1267 FNL/1864 FWL; 1282 FNL/1838 FWL; and, 1297 FNL / 1812 FWL

Four permits canceled:

• Whiting: four Holmberg permits, Mountrail County;

Three producing wells (DUCs) reported as completed:

• 29709, 1,678, CLR, Cuskelly7-7H1,
• 37571, 1,222, Cuskelly 6-7H,
• 40277, 0, BR, Carlsbad 1B UTFH,