Nine New Permits; Six Permits Canceled -- November 2, 2017

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Title : Nine New Permits; Six Permits Canceled -- November 2, 2017
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Nine New Permits; Six Permits Canceled -- November 2, 2017

Wow, that didn't take long. WTI jumps to $54 and the number of active rigs in North Dakota jumps from 51 to 55. LOL:

$54.81 11/2/2017 11/02/2016 11/02/2015 11/02/2014 11/02/2013
Active Rigs 55 35 69 193 181

Nine new permits:
  • Operators: Crescent Point Energy (6); Oasis (3)
  • Fields: Marmon (Williams); Willow Creek (Williams)
  • Comments: Cresent Point has permits for a 6-well Elena/Lloyd pad in SWSW 22-157-100; Oasis has permits for a 3-well Borden Federal pad in NESE 36-153-100
Three permits renewed:
  • Marathon (2): two DCFH USA permits, McKenzie County
  • Enerplus: one Hall permit in McKenzie County
Six permits canceled:
  • EOG (4): four West Clark permits in McKenzie County (hmm, not good news)
  • Oasis (2): two Dawson permits in Mountrail County



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