WTI Rises Despite All Odds; Number Of Active Rigs In North Dakota Advance By Two -- January 31, 2018

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Title : WTI Rises Despite All Odds; Number Of Active Rigs In North Dakota Advance By Two -- January 31, 2018
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WTI Rises Despite All Odds; Number Of Active Rigs In North Dakota Advance By Two -- January 31, 2018

In the dead of winter, this is nice to see -- active rigs in North Dakota jump by 2:

$64.85 1/31/2018 01/31/2017 01/31/2016 01/31/2015 01/31/2014
Active Rigs 59 40 45 146 191

I'm also surprised that WTI price held in there, holding above $64, and actually trending back toward $65.

Five new permits:
Operators: Kraken Operating (4); Whiting
Fields: Ellisville, Truax (Williams)
Comment:
permits canceled: pending

permits renewed: pending

producing wells (DUCs) reported as completed: pending

New permits:
34533, Whiting, Thomas Federal Truax,
34534, Kraken, Longhorn, Ellisville,
34535, Kraken, Longhorn, Ellisville,
34536, Kraken, Longhorn, Ellisville,
34537, Kraken, Longhorn, Ellisvile,


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