# Blake 34-33 1N1W Continental Resources
**URL:** https://www.mineralrightsforum.com/t/blake-34-33-1n1w-continental-resources/57817
**Category:** Garvin County, OK
**Created:** [June 19, 2020, 12:48am UTC](https://www.mineralrightsforum.com/t/blake-34-33-1n1w-continental-resources/57817 "2020-06-19T00:48:24Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@Happygrandma](https://www.mineralrightsforum.com/u/Happygrandma)
#### Post date: [June 19, 2020, 12:48am UTC](https://www.mineralrightsforum.com/t/blake-34-33-1n1w-continental-resources/57817/1 "2020-06-19T00:48:24Z")
Continental canceled permit to drill. Is this because oil can’t sell now? Will they drill in 2021? Any way of knowing? Thank you
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### Author:  [@tracy\_lenz](https://www.mineralrightsforum.com/u/tracy_lenz)
#### Post date: [June 19, 2020, 12:19pm UTC](https://www.mineralrightsforum.com/t/blake-34-33-1n1w-continental-resources/57817/2 "2020-06-19T12:19:35Z")
Every oil company is rapidly changing their capital spend plans with the new price environment, but even in a normal environment companies typically work up plans (permits, location staking, well planning, etc.) for more wells than they drill just to maintain a backup selection in case one on the rig schedule falls through. Doesn’t mean they’ll never drill it, just that immediate priorities changed and they might slide it in later.
Continental was still actively drilling in the basin last I checked but rig activity was down to only 5-6 rigs TOTAL (all companies) in the state. An easy (though often vague) place to see clues of their current strategy and drill plans is to look at the investor section of their website for presentations and press releases.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [June 19, 2020, 1:14pm UTC](https://www.mineralrightsforum.com/t/blake-34-33-1n1w-continental-resources/57817/3 "2020-06-19T13:14:56Z")
Continental just reported that they are beginning to ramp up production in July. Patience is the name of the game for now. The price of oil and gas is tied to a company’s strategy.
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### Author:  [@Happygrandma](https://www.mineralrightsforum.com/u/Happygrandma)
#### Post date: [June 20, 2020, 1:13am UTC](https://www.mineralrightsforum.com/t/blake-34-33-1n1w-continental-resources/57817/4 "2020-06-20T01:13:02Z")
Thank you for your comments!
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [September 17, 2020, 12:48am UTC](https://www.mineralrightsforum.com/t/blake-34-33-1n1w-continental-resources/57817/5 "2020-09-17T00:48:27Z")
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