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Title : Four New Permits -- February 6, 2019
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Four New Permits -- February 6, 2019

Saudi: at $54, Saudi Arabia is not going to "make it." Some years ago, they needed $100-oil, settled for $80-oil. Most recently they have set their budget based on $80-oil and will be lucky to maintain $60-oil 

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Back to the Bakken

 
Active rigs:

$53.97	2/6/2019	02/06/2018	02/06/2017	02/06/2016	02/06/2015
Active Rigs	62	58	40	42	137

Four new permits:

• Operator: Oasis
• Field: Baker (McKenzie)
• Comment: Oasis has permits for a 4-well Foley Federal permit in Baker oil field, in section 13-153-101;

permits renewed: pending

permits canceled: pending

producing wells (DUCs) reported as completed: pending

http://bit.ly/2dZyQXu

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