Tuesday, April 30, 2013

Thirteen (13) New Permits -- The Williston Basin, North Dakota, USA; Petro-Hunt Cancels 22 Permits On The Reservation; One Dry Hole (A Madison)

Active rigs: 188 (steady, nice, slight increase; anything above 185 is nice to see with regard to keep roughnecks employed)

Petro-Hunt cancels twenty-two (22) permits, all in Dunn County, all on the reservation, I believe. I assume this has to do with the company recently selling some of their assets.

Thirteen (13) new permits --
  • Operators: KOG (4), BR (4), G3 Operating (3), Whiting, CLR,
  • Fields: Juno (Divide), Eagle Nest (Dunn), Corral Creek (Dunn), Truax (Williams), Sanish (Mountrail)
  • Comments: G3 continues to be active; it certainly looks like folks are going after their sweet spots now that they have figured out what they've got
The one well coming off the confidential list today was reported earlier today; see sidebar at the right.

And there was one DRY hole:
  • 21777, DRY, Petro Harvester, Lodoen 6-1HSWSW 6-162N-79W, Sergis, a Madison well, Bottineau,  this looks like simply a Madison vertical well drilled to 3,500 feet and came up empty. This well was about 50 miles north-north-east of Minot; there is still a rig-on-site farther east, a Legacy well that will be targeting the Spearfish, I assume (#25214)

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