Tuesday, October 27, 2009

Bakken: NOG

NOG: General Information

NOG's policy on IPs.

Snapshot of NOG, 2012.

If this is your first visit to this site, please check out the "welcome note" in the sidebar at the right. Also, additional information about NOG can be found at "Investing: NOG."

Updates

March 1, 2017: 4Q16 and full year 2016 earnings.

January 29, 2014: operational update, 4Q13.

October 3, 2013: presentation transcript

July 8, 2013: crawling out from under the Geico rock? Where has this guy been since 2007?

April 15, 2013: 1Q13 operations update.

November, 29, 2012: corporate presentation.

April 15, 2012: operations update.

April 2, 2012: bullish sentiment on NOG, SeekingAlpha.com


December 26, 2011: operations update.

September 24, 2011: huge numbers presented by NOG, operations update, July 31, 2011.

July 26, 2011: archived investing articles on NOG up to this date

July 4, 2010: Off-topic but somehow related, I'm sure. Check out Voyager Oil and Gas on the net. Voyager's CEO is J.R. Reger -- of the Reger family connected with NOG, no doubt. Voyager and Slawson partnering in Wyoming.


May 19, 2010: Rah-rah article about Michael Reger and NOG.

December 13, 2009: NOG has partnered with Slawon on occasion. Slawson is doing some interesting things in the Van Hook / Big Bend oil fields.


November 14, 2009: Note the interesting discussion on the Hess site regarding the Hess/NOG well noted below.
This concerns the RS-Feldman 1423-1H well (noted below) with one of the best IPs ever reported by Hess in the Bakken. Hess has had lacklaster IPs: in my database I can't find one Hess IP that reached 1,000, and most are in the 200 - 500 bopd range. This well is special; its IP is about four times better than any other Hess well. Could it be due to 14-stage fracturing?
November 8, 2009: Nice discussion regarding 3rd quarter earnings press release (this link is broken; Teegue gave up).

Discusses cost of well(s) and time to completion.
October 27, 2009: Operational highlights from 3rd quarter earnings press release:
Operator / Well Name / NOG WI / IP

18182, Fidelity / Harstad 18-19H / 50 / 1,405; cum 171K 11/13; 
18211, Slawson / Minx 1-29H / 22 / 1,000 ; cum 196K 11/13;
18220, Slawson / Coyote 1-32H / 20 / 846; cum 189K 11/13;
17666, CLR / Bratlien 1-35H / 16 / 544; cum 145K 11/13;
18114, MRO / Wadholm 41-30H / 15 / 850; cum 225K 11/13;
18061, EOG / Roberta 1-16H / 13 / 725; cum 100K 11/13;
17696, HESS / RS-Feldman 1423-1H / 12 / 570; cum 203K 11/13;
18119, Slawson / Tempest 1-14H / 6 / 1,274; cum 199K 8/13;
17854, XTO / Jorgenson 41X-6 / 6 / 953; cum 105K 11/13;
18188, Slawson / Genesis 1-13H / 4 / 1,106; cum 215 11/13;
18108, EOG / Fertile 23-19H / 2 / 639; cum 191K 11/13;
18177, Conoco / Bryce 31-5H / 2 / 1,844; cum 255K 11/13;
18109, WLL / Tollefson 44-10H / 2 / 2,409; cum 513K 11/13; 
October 27, 2009: A tip of the hat to Elwood for providing this data October 27, 2009 from a NOG press release.
Someone asked how NOG was doing one year out. Here is what Elwood is reporting (this link is broken; Teegue gave up).

Permit # -- Well Name -- IP -- Cumulative oil production -- Months

17117, EN-Person 1102-H, 345, 52,492 bbls over 13 months; t9/08; cum 88K 11/13;
17167, RS-Agribank 3427H1, 234, 56,238 bbls in 15 months; t7/08; cum 111K 11/13;
17343, EN-Neset 0706H, 223, 41,363 bbls in 13 months; t9/08; cum 91K 11/13;
16845, Pathfinder 1-9H, 1,418, 179,783 bbls in 14 months; t7/08; cum 517K 11/13;
16855, Prowler 1-16H, 952, 100,840 bbls in 13 months; t8/08; cum 237K 11/13;
17135, Bonney 34-3H, 143, 65,358 bbls in 15 months; t9/08; cum 160K 11/13;
17318, Clive Pelton 34-23H, 483, 49,443 bbls in 14 months; cum 132K 11/13;
17310, Eckelberg 41-26H, 459/IA, 49,138 bbls in 15 months; t8/08; cum 117K 11/13;

These are very good wells. It will be interesting to see what the cumulative totals will be a year from now.

7 comments:

  1. Very interesting site. Many thanks. Rich

    ReplyDelete
  2. Rich,

    Thanks. This site is still under construction, so I appreciate the comments.

    Right now, "the Bakken" seems to be in a steady state -- it will be interesting to see the EOG wells that come off the confidential list early next year.

    ReplyDelete
  3. I opined (October 28, 2009) above that "the Bakken" seems to be in "steady state" at the moment. Following the results of the North Dakota state land lease on November 3, 2009 (record $ amount leased) suggests that 2010 will be a very active year. Also, every producer, it seems, has said they are increasing the number of rigs in North Dakota next year, targeting not only the Bakken but also the Three Forks Sanish.

    ReplyDelete
  4. Whahts your take on JR Regers new company ANTE4 or Voyager Oil and Gas. I know they're brothers but not much more.

    ReplyDelete
  5. Voyager Oil and Gas, with 98,000 net acres in the Bakken, is mostly in Montana which I don't follow (I just don't have enough time). Only about 6,000 net acres are in North Dakota.

    For those interested, here's their most recent press release: http://www.prnewswire.com/news-releases/ante4-inc-announces-name-change-to-voyager-oil--gas-inc-and-acquisition-of-montana-oil-and-gas-firm-91451424.html

    ReplyDelete
  6. http://thestreetsweeper.org/undersurveil...

    NOG and VOG shenanigans

    ReplyDelete
  7. The link above may be broken. If so you can pick up the story here:

    http://seekingalpha.com/article/259340-will-growth-spurt-last-for-northern-oil-and-gas?source=yahoo

    and here:

    http://www.thestreetsweeper.org/undersurveillance.html?i=1665

    I've also made this a stand-alone post so it can more easily be found.

    Since this is sent to me anonymously, I don't know if "Streetsweeper" who has shorted the stock (if I understand their disclaimer correctly) sent it to me, or someone else who may have shorted the stock.

    ReplyDelete