Active Rigs Falling Quickly In The Bakken As Winter Sets In; Any Doubt MRO Is The Operator Of The Year 2018 -- See Today's Results -- January 4, 2019

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Title : Active Rigs Falling Quickly In The Bakken As Winter Sets In; Any Doubt MRO Is The Operator Of The Year 2018 -- See Today's Results -- January 4, 2019
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Active Rigs Falling Quickly In The Bakken As Winter Sets In; Any Doubt MRO Is The Operator Of The Year 2018 -- See Today's Results -- January 4, 2019


Most interesting item in that banner: China and US looking to end the trade war. Apple, most likely, sent shock waves through the Chinese government. The country cannot afford to have millions unemployed, especially when so many are young men. 

Active rigs:

$47.96 1/4/2019 01/04/2018 01/04/2017 01/04/2016 01/04/2015
Active Rigs 63 54 40 59 171

Nine new permits:
  • Operator: CLR
  • Fields: East Fork (Williams); Banks (McKenzie)
  • Comments: CLR has permits for a 6-well Chloe pad in 20-156-99; CLR also has permits for a 3-well Jamestown Federal pad in 17-152-99;
Two permits renewed:
  • BR: one Ole permit in McKenzie County
  • Whiting: one Whiting permit in McKenzie County
Nine producing wells (DUCs) reported as completed:
  • 34203, 3,137, Hess, BB-Chapin-151-95-0506H-7, Blue Buttes, t--; cum --;
  • 34202, 3,050, Hess, BB-Chapin-151-95-0506H-6, Blue Buttes, t12/18; cum --;
  • 34201, 3,153, Hess, BB-Chapin-151-95-0506H-5, Blue Buttes, t11/18; cum 12Kover 6 days -- are you kidding? extrapolates to 59K over 30 days;
  • 34732, 2,008, CLR, Pasadena 8X-11H1, Banks, t11/18; cum 30K over 23 days;
  • 34668, 6,640, MRO, Drake 44-16H, Jim Creek, t11/18; cum 41K over 20 days which extrapolates to 62K over 30 days;
  • 34666, 6,012, MRO, Northrop 34-16H, Jim Creek, t11/18; cum 34K over 23 days;
  • 34892, 5,851, MRO, Gloria 24-16H, Jim Creek, t10/18; cum 57K over 38 days;
  • 34667, 5,713, MRO, Veddy 44-16H, Jim Creek, t10/18; cum 90K over 38 days --
    Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare
    BAKKEN 11-2018 17 31893 31894 37587 28884 4345 22342
    BAKKEN 10-2018 21 58188 57857 86532 48359 521 43976
  • 29690, 1,745, SC-Bingeman-154-98-0904H-6, Truax, t11/18; cum 7K over 8 days;


Thus Article Active Rigs Falling Quickly In The Bakken As Winter Sets In; Any Doubt MRO Is The Operator Of The Year 2018 -- See Today's Results -- January 4, 2019

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