Friday, December 21, 2012

Ten (10) New Permits Issued Yesterday -- The Williston Basin

I don't recall listing these new permits issued yesterday, so a day late. Sorry.

Here they are, ten (10) new permits
  • Operators: SM Energy (3), OXY USA (2), KOG (2), MRO, Whiting, Enduro Operating
  • Fields: Sanish (Mountrail), McGregory Buttes (Dunn), Truax (Williams), Mouse River Park (Renville), Manning (Dunn), Siverston (McKenzie)
  • Comments: KOG has two more permits in Truax oil field which is turning out to be a huge field for KOG. Mouse River Park is a Madison oil field; it is very, very active right now with several wells on confidential status and two Enduro Operating rigs operating in this relatively small field.
Mouse River Park has a high well density supporting about a dozen wells in each section. How good are these wells? Three non-random selected examples:
  • 4388, 200, Murex, Schmitz A 2, Mouse River Park, t3/68; cum 289K 10/12;  
  • 4416, 28, Murex, Brekhus A 1, Mouse River Park, t5/68; cum 182K 10/12; 
  • 4563, 196, Murex, Clarence M Ness 1, Mouse River Park, t11/68; cum 287K 10/12;

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