Where Did All That Talk Of $100-Oil Go?

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Title : Where Did All That Talk Of $100-Oil Go?
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Where Did All That Talk Of $100-Oil Go?

Soaring production: Saudi Arabia, Russia, US all setting production records of some sort or another. And all the pundits were worried that Trump's sanctions on Iran would drive WTI / Brent to $100.  

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Back to the Bakken

Active rigs:

$62.89 11/2/2018 11/02/2017 11/02/2016 11/02/2015 11/02/2014
Active Rigs 66 55 35 69 193

Two new permits:
  • Operator: Slawson
  • Fields: Big Bend (Mountrail)
  • Comments: Slawson has permits for a 2-well Mole pad in 29-151-92;
Fourteen permits renewed:

  • EOG (7): seven Hawkeye permits, all in McKenzie County
  • BR (4): two Atlantic Express permits and two Pacific Express permits, all in Dunn County
  • MRO (2): a Kottke USA permit and a Levi USA permit, both in Dunn County
  • Newfield: one Bice permit in Dunn County
Five producing wells (DUCs) reported as completed:
  • 31581, 117, BR, CCU Audubon 2-1-27MBH, Corral Creek, t2/18; cum 92K 9/18;
  • 29068, 73, BR, CCU Boxcar 34-22TFH, Corral Creek, t3/18; cum 112K 9/18; [#17319]
  • 29067, 268, BR, CCU Boxcar 24-22MBH, Corral Creek, t2/18; cum 139K 9/18;
  • 30141, 2,076, Dvirnak 6-7H1, Jim Creek, t10/18; cum 15K after 7 days; Jim Creek borders Brooklyn on the east side; [#16716]
  • 33735, 2,033, Hess, BB-Federal B-151-95-2122H-10, Blue Buttes, t--; cum --


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