Locator: 49887B.
Venezuela oil: it's pretty clear that Venezuela won't be a major oil exporter in the near future. Link here.
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Back to the Bakken
WTI: $65.21.
Active rigs: 27.
Four new permits, #42676 - #42679, inclusive:
- Operators: Phoenix Operating (3); Silver Hill Energy
- Fields: Noonan (Divide County); Big Meadow (Williams County)
- Comments:
- Silver Hill has a permit for an Iverson E well, NWNE 15-158-96; to be sited 374 FNL and 1706 FEL;
- Phoenix Operating has permits for three Noonan wells, SWSE 28-162-95, to be sited 825 FSL and 2010 / 2100 FEL.
