Title : Fourteen New Permits; 70 Active Rigs; WTI Takes Another Hit -- October 18, 2018
link : Fourteen New Permits; 70 Active Rigs; WTI Takes Another Hit -- October 18, 2018
Fourteen New Permits; 70 Active Rigs; WTI Takes Another Hit -- October 18, 2018
WTI: takes another hit today; down almost 1.5%; down about $1.00; trading at $68.73;Active rigs:
| $68.73😟 | 10/18/2018 | 10/18/2017 | 10/18/2016 | 10/18/2015 | 10/18/2014 |
|---|---|---|---|---|---|
| Active Rigs | 70 | 55 | 32 | 67 | 190 |
Fourteen new permits (35594 - 35607):
Operators: ERF (7); Whiting (4); XTO (3)
Comments: ERF has permits for a 7-well "cloudy" pad in lot 2 section 1-148-95; XTO has permits for a 3-well Cole pad in SESE 32-150-97; and, Whiting has permits for a 4-well pad in NENW 15-156-101;
Comments, cont'd: the two wells already in that ERF drilling unit:
- 24164, 898, ERF, Nimbus 149-94-33D-28H, Eagle Nest, 29 stages; 7.4 million lbs, MB about 90 feet thick?, t4/13; cum 262K 8/18;
- 24163, 759, ERF, Cirrus 149-94-33D-28H, Eagle Nest, 28 states; 6.5 million lbs, t4/13; cum 243K 8/18;
Thus Article Fourteen New Permits; 70 Active Rigs; WTI Takes Another Hit -- October 18, 2018
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