Five New Permits; Four Permits Renewed; Two Producing Wells Completed -- February 27, 2018

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Title : Five New Permits; Four Permits Renewed; Two Producing Wells Completed -- February 27, 2018
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Five New Permits; Four Permits Renewed; Two Producing Wells Completed -- February 27, 2018

API, weekly crude oil inventories: a slight build of 0.933 million bbls; forecast a build of 2.7 million bbls.

Active rigs:

$63.01 2/27/2018 02/27/2017 02/27/2016 02/27/2015 02/27/2014
Active Rigs 57 41 38 119 194

Five new permits:
  • Operators: CLR (3); Whiting (2)
  • Fields: Willow Creek (Williams County); Pembroke (McKenzie County)
  • Comments:
Four permits renewed:
  • Whiting (2): a Roggenbuck permit, and a Ray permit, both in Mountrail County
  • NP Resources (2): two Ellison Creek Federal permits in Billings County
Three permits canceled:
  • Petro-Hunt: an M. Thorson permit in Burke County
  • Whiting: Roggenbuck permit in Mountrail County
  • Hess: an SC-hoving permit in Williams County
Two producing wells (DUCs) completed:
  • 29559, 19, Statoil, Heinz 18-19 6H, Patent Gate, t1/18; cum --
  • 32976, 55, BR, Dodge 3A TFH, Dimmick Lake, t1/18; cum --
Dry hole:
  • 34208, dry, Ballard Petroleum, Nelson Trust 11-20; a Madison well; Wildcat;



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