Three DUCs Reported As Completed; Twelve Permits Renewed; None Canceled; Seven New Permits -- July 6, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Three DUCs Reported As Completed; Twelve Permits Renewed; None Canceled; Seven New Permits -- July 6, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Three DUCs Reported As Completed; Twelve Permits Renewed; None Canceled; Seven New Permits -- July 6, 2018
link : Three DUCs Reported As Completed; Twelve Permits Renewed; None Canceled; Seven New Permits -- July 6, 2018

Three DUCs Reported As Completed; Twelve Permits Renewed; None Canceled; Seven New Permits -- July 6, 2018

Weekly petroleum report, link here:

• US crude oil reserves unexpectedly rose by 1.2 million bbls (not all that much in the big scheme of things)
• gasoline production at 10.3 million bbls (marker: 10 million bbls)
• distillate fuel production at 5.5 million bbls (marker: 5 million bbls, so 5.5 is significant, and good news for the truckers)
• refineries are operating at a very high 97.1% capacity; almost flat out
• considering the data today, WTI did very well for oil bulls, rising slightly

Active rigs:

$73.80↑	7/6/2018	07/06/2017	07/06/2016	07/06/2015	07/06/2014
Active Rigs	65	57	31	76	191

Seven new permits:

• Operators: Kraken (4); CLR (2); Resource Energy Can-Am;
• Fields: Squires (Williams); Oakdale (Dunn); and, Resource has a wildcat in Divide County 
• Comments: CLR has permits for two more Oakdale wells in SWNE 26-147-96; Kraken Operating has permits for a 4-well pad in 1-154-103; and finally, as noted, Resource Energy has a wildcat north of Williston, in Divide County, in SENE 21-163-98;

Twelve permits renewed:

• EOG (4): four Burke permits in Mountrail County
• CLR (4): two Olympia permits in Williams County; and, two Charleston permits in Williams County
• Thunderbird (3): three Watson A permits in McKenzie County
• Oasis: one Kaitlin Federal permit in Mountrail County

And look at this, three completed wells (DUCs) reported as completed (the neighboring wells are still off-line):

• 32749, --, CLR, Dvirnak 8-7H, Jim Creek,
• 33221, --, CLR, Miles 7-6H, Dimmick Lake,
• 33220, --, CLR, Miles 8-6H1, Dimmick Lake

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Thus Article Three DUCs Reported As Completed; Twelve Permits Renewed; None Canceled; Seven New Permits -- July 6, 2018

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