Monday, March 31, 2014

New Wells Reporting - 2Q14 -- The Williston Basin, North Dakota, US

For entire list, going back to 2010, 
go to sidebar at the right, scroll down a bit, 
and click on "New Wells Reporting."

Data for 1Q14: 1Q14
Data for 4Q13: 4Q13
Data for 3Q13: 3Q13
Data for 2Q13: 2Q13
Data for 1Q13: 1Q13
Data for 4Q12: 4Q12
Data for 3Q12: 3Q12
Data for 2Q12: 2Q12
  Data for 1Q12: 1Q12   
Data for 4Q11: 4Q11 
Data for 3Q11: 3Q11 
Data for 2Q11: 2Q11 
 Data for 1Q11: 1Q11  
 Data for 2H10: 2H10  
Through 1H10: 1H10

Permit/file number, IP, operator, well name, oil field, date tested, cumulative production to date, comments.

Friday, June 27, 2014

26049, A, Enduro Operating, LDCMU 4-42, Little Deep Creek, a Madison well, EOR water injected;
26662, 872, Hess, HA-Link-152-95-3526H-3, Hawkeye, t6/14; cum 181K 11/18;
26729, 1,049, MRO, Jakob 14-35TFH, Killdeer, t4/14; cum 101K 11/18;
26851, 821, SM Energy, Bonner 9X-12HA, Poe, t6/14; cum 57K 9/14;
26859, 1,207, Hess, EN-State D-154-93-2635H-9, Robinson Lake, t8/14; cum 39K 9/14;

Thursday, June 26, 2014
25965, 1,112, CLR, Rehak Federal 4-25H, Alkali Creek, t5/14; cum 211K 11/18;
26498, 597, Hess, GN-Ringabeu-158-98-1102H-1, Rainbow, t11/14; cum 31K 2/15;
27104, 183, Petro Harvester Operating, Bratland 3-1H, Portal, a Madison well, t3/14; cum 101K 11/18;

Wednesday, June 25, 2014
25366, 382, OXY USA, State Jaeger B 5-27-34H-144-97, Cabernet, t12/13; cum 14K 4/14;
26096, 70, OXY USA, State Jaeger b 7-27-34H-144-97, Cabernet, t12/13; cum 904 bbls;
26335, 18, MRO, Powell 31-27TH, Wildcat, no production data, the second Tyler well "everyone" is waiting for; t8/14; cum 502 bbls 2/15;
26366, 143, OXY USA, Keary Kadrmas 2-32-29H-142-96, Russian Creek, t12/13; cum 11K 4/14;
26423, 1,328, Whiting/KOG, P Manning 154-99-2-2-11-15H3, Stockyard Creek, t9/14 cum 43K 2/15;
26962, 1,283, BR, Norman 11-4TFH ULW, Fancy Buttes, t8/14; cum 15K 9/14;
27021, 1,107, Hess, HA-Nelson A-152-95-3427H-6, Hawkeye, t8/14; cum 42K 9/14;
27312, 553, Slawson, Nighmaker 4-8-17TFH, Big Bend, t3/14; cum 40K 9/14;

Tuesday, June 24, 2014:
25365, 545, Lime Rock/OXY USA, State Jaeger B 4-27-34H-144-97, Cabernet, t12/13; cum 180K 12/18;
25367, 606, Lime Rock/OXY USA, State Jaeger B 6-27-34H-144-97, Cabernet, t12/13; cum 140K 12/18; just came off-line 12/18;

26190, 788, CLR, Montpelier 4-14H, Indian Hill, t6/14; cum 43K 9/14;

Monday, June 23, 2014:
23880, 1,120, Kaiser-Francis/Fidelity, Norken 17-20H, Heart River, t12/13; cum 182K 12/18;

25539, 330, Whiting, Neru 0904ERH,  Elkhorn Ranch, a Madison well, t1/14; cum 141K 12/18;
26270, 1,332, Emerald Oil, Pirate 5-2-11H,  Foreman Butte, t12/13; cum 153K 12/18;
26479, 856, CLR, Brogger 4-4H, Crazy Man Creek, middle Bakken target was 8 feet thick; background gas 500 to 600 units; "gas and oil shows were not impressive"; 30 stages; 3.4 million lbs sand/ceramic; t7/14; cum 257K 12/18;
27022, 1,279, Hess, HA-Nelson A-152-95-3427H-5, Hawkeye, t9/14; cum 209K 12/18;
27072, 1,924, BR, Norman 11-4MBH, Johnson Corn, t9/14; cum 270K 12/18;
27099, 680, Hess, EN-Johnson-155-94-2017H-4, Manitou, t7/14; cum 100K 12/18;

Sunday, June 22, 2014:
26191, 768, CLR, Montpelier 3-14H1, Indian Hill, t7/14; cum 162K 12/18;
26499, 540, Hess, GN-Avinder-158-98-1423H-1, Rainbow, t11/14; cum 116K 12/18;
26751, 213, CLR, Fedeler 1-33H,  Charlie Bob, s12/13; no IP, cum 99K 12/18;

Saturday, June 21, 2014:
26422, 2,144 Whiting/KOG, P Manning 154-99-2-2-11-15H, Stockyard Creek, t9/14; cum 192K 12/18;
26545, 1,631, Newfield, Skaar 150-99-15-22-2H, South Tobacco Garden, t3/14; cum 190K 11/18;
26562, 310, Resource Energy/American Eagle, Uncompahgre State14-36-164-101, Colgan, t4/14; cum 68K 11/18;

Friday, June 20, 2014
25723, 693, Oasis, Rivera 5892 21-30T, Enget Lake, t2/14; cum 176K 11/18;
25739, 206, Oasis, Jolly 6093 12-26T, Gros Ventre, t12/13; cum 13K 4/14;
25988, 2.045, HRC, Fort Berthold 148-94-20C-21-5H, Eagle Nest, t6/14; cum 89K 9/14;
26035, 75, Corinthian, Corinthian Skarphol 8-33 2-H, North Souris, a Spearfish well, t11/13; cum 12K 4/14;
26058, 1,449, Oasis, Montague 5601 42-34 4T, Cow Creek, t2/14; cum 15K 4/14;
26110, 724, Oasis, Montague 5501 13-3 2T, Cow Creek, upper Three Forks well 36 stages; 3.2 million lbs sand (some resin coated), t2/14; cum 5K 4/14;
26158, 3,771, Statoil, Johnson 7-6 3TFH, Banks, 35 stages; 4.5 million lbs sand/ceramic; trip gas of 4,000 units; t11/14; cum 10K 2/15
26480, 900, CLR, Brogger 5-4H1, Crazy Man Creek, t7/14; cum 43K 9/14;
27023, 1,307, Hess, HA-Nelson A-152-95-3427H-4, Hawkeye, t9/14; cum 41K 9/14;
27073, 1.042, BR, Denali 11-4TFH, Johnson Corner, t9/14; cum 10K 9/14;

Thursday, June 19, 2014
25110, 1,143, CLR, Bonney 3-3H1, Jim Creek, a Three Forks well, t6/14; cum 45K 9/14;
26693, 712, CLR, Marlene 2-3H1, Stoneview, a Three Forks B1 well, 2560-acre spacing; t6/14; cum 178K 4/18;

Wednesday, June 18, 2014
24652, 570, Lime Rock/OXY USA, Henry Kovash 3-7-6H-142-95, Manning, t12/13; cum 136K 11/18;
26021, 331, North Plains Energy, State 160-100-3-10-36-15E-1H, Smoky Butte, t5/14; cum --
26022, 439, North Plains Energy, State 160-100-4-9-36-15A-1H, Smoky Butte, t3/14; cum 26K 4/14;
26157, 3,869, Statoil, Johnston 7-6 4H, Banks, t5/15; cum --
27024, 1,074, Hess, HA-Nelson A-152-95-3427H-3, Hawkeye, t8/14; cum 1K 9/14;

Tuesday, June 17, 2014
25190, 832, CLR, Patterson Federal 3-13H, Camp, Three Forks, 30 stages; 7.8 million lbs sand/ceramic;  lateral to 18,816 feet; side-track to 20,878 feet; t5/14; cum 208K 11/18;
25318, 854, Petro-Hunt, Glovatsky 145-98-24D-13-1H, Little Knife, t4/14; cum 3K 4/14;
25989, 2,338, HRC, Fort Berthold 148-94-20C-21-4H, Eagle Nest, middle Bakken; t6/14; cum 61K 9/14;
26421, 1,830, KOG, P Manning 154-99-2-2-11-15H3A, Stockyard Creek, t9/14; cum 19K 9/14;
26546, 1,622, Newfield, Skaar 150-99-15-22-3H, South Tobacco Garden, t3/14; cum 27K 4/14;
26692, 682, CLR, Marlene 3-3H, Stoneview, middle Bakken, 2 sections; t6/14; cum 169K 4/18;

Monday, June 16, 2014
25109, 995, CLR, Bonney 4-3H, Jim Creek, t6/14; cum 53K 9/14;
25150, 759, CLR, Jerol 2-27H, Lindahl, producing, t4/14; cum 8K 4/14;
26311, 21, Whiting, BSMU 1910,  Big Stick, a Madison well, t3/14; cum 15K 11/18;
26842, 1,108, Hess, EN-Leo-154-94-2324H-3, Alkali creek, t5/14; cum 261K 11/18;

Sunday, June 15, 2014
25189, 1,246, CLR, Patterson Federal 2-13H, Camp, t5/14; cum 2K 4/14;
25553, 1,802, Zavanna, Bear Cat 33-28 2H, Williston, t9/14; cum 62K 9/14;
26156, 3,657, Statoil, Johnson 7-6 5TFH, Banks, t11/14; cum 12K 2/15;
26806, 2,574, MRO, Tollefson 41-4H, Reunion Bay, t5/14; cum --
27025, 825, Hess, HA-Nelson A-2560-152-95-3427-3328H-1, Hawkeye, t9/14 cum 19K 9/14;

Saturday, June 14, 2014
24755, 2,586, Statoil, Melissa 31-30 3TFH, East Fork, t10/14; cum 21K 2/15;
26155, 4,076, Statoil, Johnston 7-6 6H, Banks, 34 stages; 4.3 million lbs sand/ceramic, t11/4; cum 10K 2/15;

Friday, June 13, 2014
24756, 1,928, Statoil, Melissa 31-30 4H, East Fork, t10/14; cum 25K 2/15;
25108, 946, CLR, Bonney 5-3H1, Jim Creek, t6/14; cum 59K 2/15;
25394, 2,351, Oasis, Baxter 5200 11-28T, Camp, t1/14; cum 123K 4/15; choked back
25552, 616, Zavanna, Bear Cat 333-28 3TFH, Williston, t9/14; cum 167K 11/18;
25710, 556, OXY USA, State Kary 3-19-18H-144-96, Murphy Creek, t11/13; cum 45K 4/14;
25847, 2,701, Oasis, Ceynar 5200 11-28B, Murphy Creek, t12/13; cum 66K 4/14;
26383, 302, Oasis, Delia 5992 14-30H, Cottonwood, t4/14; cum 5K 4/14;
26869, 570, XTO, Cindy Blikre 41X-2D, Lindahl, t8/14; cum 47K 2/15;
27049, 1,189, CLR, Putnam 1-25H, East Fork, t3/14; cum 45K 4/14;

Thursday, June 12, 2014
24663, 377, Whiting, Zalesky 14-8PH, North Creek, t12/13; cum 13K 4/14;
25694, 838, Hess, BW-Erler 149-99-1522H-2, Cherry Creek, t6/14; cum 75K 2/15;
26357, 223, OXY USA, Dakota Meyer 1-19-18H-143-97, Crooked Creek, t12/13; cum 21K 4/14;
26574, 349, American Eagle, Tangedal 13-31-164-101, Colgan, t3/14; cum 15K 4/14;
27016, 141, Hunt, Sioux Trail 160-101-13-24H-1, Sioux Tail, t2/14; cum 10K 4/14;

Wednesday, June 11, 2014
23014, 865, CLR, Sacramento Federal 5-10H, Brooklyn, Three Forks, a max gas of 2,783t4/14; cum 16K 4/14; frack data not yet available;
26045, 2,084, BR, Capitol 14-7TFH, Westberg, t5/14; no production data,
26420, 842, CLR, Montpelier 2-14H, Indian Hill, middle Bakken, t7/14; cum 81K 2/15;
26627, 283, CLR, Mack 13-2H3, Antelope, t10/14; cum 17K 2/15;
26841, 1,080, Hess, EN-Leo-154-94-2324H-2, Alkali Creek, t6/14; cum 282K 11/18;

Tuesday, June 10, 2014
24823, 501, Petro-Hunt, Jensen 158-94-28D-21-1H, East Tioga, t4/14; cum 8K 4/14;
26870, 888, XTO, Cindy Blikre 41X-2H,  Lindahl, t8/14; cum 50K 2/15;

Monday, June 9, 2014
24757, 1,627, Statoil, Melissa 31-30 5TFH, East Fork, t10/14; cum 12K 2/15;
25354, 1,179, Whiting, Mork Trsut 21-17-5H, Pleasant Hill, t12/13; cum 39K 4/14;
25355, 2,061, Whiting, Mork Trust 21-17-4H, Pleasant Hill, t11/13; cum 36K 4/14:
25356, 2,065, Whiting, Mork Trust 21-17-3H, Pleasant Hill, t11/13; cum 49K 4/14;
25357, 2,069, Whiting, Mork Trust 21-17-2H, Pleasant Hill, t11/13; cum 49K 4/14:
25389, 887, Whiting, Kessel 41-26PH, Zenith, t12/13; t12/13; 45K 4/14;
25390, 1,117, Whiting, Kessel 21-26PH, Zenith, t12/13; cum 40K 4/14;
25391, 1,263, Whiting, Kessel 11-26PH,  Zenith, t12/13; cum56K 4/14:
25692, 726, Hess, BW-Erler 149-99-1522H-3, Cherry Creek, t6/14; cum 64K 2/15;
26728, 1,276, MRO, Walter 11-2TFH, Killdeer, t4/14; cum 8K 4/14;
26745, 717, SM Energy, Tomlinson 3-1HN, West Ambrose, t4/14; cum 75K 2/15;


Sunday, June 8, 2014
None.

Saturday, June 7, 2014
23013, 876, CLR, Sacramento Federal 4-10H, Brooklyn, t4/14; cum 16K 4/14;
26614, 36, Enduro Operating, MRPSU 29-13, Mouse River Park, a Madison well, t1/14; cum 2K 4/14;
26681, 1,844, BR, CCU North Coast 11-25TFH, Corral Creek, t5/14; cum 240K 11/18;
26871, 670, XTO, Cindy Blikre 41X-2C, Lindahl, t8/14; cum 68K 2/15;

Friday, June 6, 2014
24927, 1,760, Oasis, Wayne Zumhof Federal 5300 44-15T, Willow Creek 1st Bench Three Forks, 36 stages, 3.8 million lbs sand/ceramic, t1/14; cum 32K 4/14;
25221, 2,074, Oasis, Aspen Federal 5300 24-15B, Willow Creek, middle Bakken, 36 stages, 3.7 million labs sand/ceramic, t2/14; cum 54K 4/14; 
25393, 2,614, Oasis, Augusta 5200 11-28B,  Camp, t1/14; cum 53K 3/14;
25577, 3,134, Oasis, Ida 5200 21-28B, Camp, t1/14; cum 63K 4/14;
25689, 1,992, Oasis, Crawford 5493 44-7T, Robinson Lake, t12/13; cum 35K 4/14; 
25693, 913, Hess, BW-Johnson 149-99-1003H-2, Cherry Creek, t6/14; cum 87K 2/15;
25725, 1,468, Oasis, Jase 5892 21-30T, Enget Lake, t2/14; cum 25K 4/14;
25726, 1,450, Oasis, Mahaila 5892 21-30H, Enget Lake, t2/14; cum 32K 4/14;
25740, 810, Oasis, Fairfax 6093 12-26B, Gros Ventre, middle Bakken, 36 stages, 4.5 million lbs sand; t12/13; cum 27K 4/14;
26057, 1,593, Oasis, Montague 5602 42-34 5B, Cow Creek, t2/14; cum 17K 4/14;
26124, 1,041, Oasis, Lefty 5200 14-30 2T, Camp, t4/14; cum 13K 4/14;
26178, 1,391, Oasis, Satsuma 5693 44-35B, Alger, t4/14; cum 11K 4/14;
26179, 2,024, Oasis, Clementine 5693 44-35T, Alger, t4/14; cum 56K 2/15;
26182, 140, Oasis, Morgan 6093 12-6 1H, Gros Ventre, 1st Bench Three Forks, 36 stages; 4.3 million lbs sand; t1/14; cum 13K 41/4;
26738, A/TA, Hess, Ti-Wao-157-95-14H-1, Tioga, this is a Lodgepole well; Hess will come back to this well on/about May 7, 2014, to drill this well to TD of 13,693 feet; and then complete it with a multi-stage acid frack; the company will core the upper and the middle Lodgepole; the company will also core the upper, middle, and lower Bakken; the company will core the 1st and 2nd benches of the Three Forks, and the upper 30' of the Three Forks third bench; 640-acre spacing for a Lodgepole well; t7/14; cum35K 11/18;

Thursday, June 5, 2014
26474, 52, Corinthian, Corinthian Lindstrom 5-34-1H, Souris, a Spearfish/Madison well; t2/14; cum 8K 4/14;
26680, 2,664, BR, CCU Burner 41-26MBH, Corral Creek, t4/14; cum 7K 4/14;

Wednesday, June 4, 2014
20258, 2,399, KOG, Skunk Creek 3-24-25-13H, Mandaree, t4/14; cum 16K 4/14;
24758, 3,002, Statoil, Melissa 31-30 6H, East Fork, t10/14; cum 49K 4/15;
25075, 523, OXY USA, Charles Rand 1-6-7H-143-97, Crooked Creek, t12/13; cum 29K 4/14;
25691, 955, Hess, BW-Johnson 149-99-1003H-3, Cherry Creek, t7/14; cum 98K 4/15;
25757, 989, EOG, Wayzetta 35-1920H, Parshall, t1/14; cum 113K 4/14;
25785, 1,682, EOG, Wayzetta 36-1920H, Parshall, t1/14; cum 126K 4/14;
26271, 1,346, Emerald, Pirate 6-2-11H, Foreman Butte, t12/13; cum 42K 4/14;
26472, 1,667, Newfield, Rolfsrud State 152-96-21-16-12H, Westberg, t2/14; cum 178K 11/18;
26629, 516, CLR, Mack 12-2H2, Antelope, a Sanish pool well, t914; cum 37K 4/15;
26872, 542, XTO, Cindy Blikre 41X-2G, Lindahl, t7/14; cum 64K 4/15;
26880, 343, CLR, Lawrence 6-24H1, North Tioga, t8/14; cum 29K 4/15;

Tuesday, June 3, 2014
25677, 3,576, Statoil, Lucy Hanson 15-22 6H, Catwalk, t9/14; cum 67K 4/15;
25860, 2,716, QEP, Zorro 4-35-26BH, Grail, t1/14; cum 65K 4/14;
25861, 2,655, QEP, Zorro 3-35-26BH, Grail, t1/14; cum 233K 4/18;
25893, 203, Hunt, Writing Rock 161-101-30-31H-1, Writing Rock, t2/14; cum 46K 4/15;
26060, 2,323, QEP, Zorro 27-34-26-35LL, Grail, t1/14; cum 47K 4/14;
26537, 945, Sinclair, Martens 5-5XH, Sanish, t2/14; cum 80K 4/15;
26679, 1,776, BR, CCU Burner 41-26TFH, Corral Creek, t3/14; cum 196K 11/18;

Monday, June 2, 2014
26036, 45, Corinthian, Corinthian Skarphol 8-33 2H, North Souris, a Spearfish well, t12/13; cum 13K 4/14;
26630, 630, CLR, Mack 22-2H1, Antelope, t8/14; cum 38K 4/15;
26873, 235, Lawrence 7-24H2, North Tioga, t8/14; cum 22K 4/15;
26928, 1,363, BR, Craterlands 11-14TFH-R, Hawkeye, t3/14; cum 9K 4/14;
26979, 714, Petro-Hunt, MM Wold 160-94-31A-6-1HS, North Tioga, t4/14; cum 5K 4/14;
27071, 304, Mountain Divdie, Reistad 26-35S-1H, Fortuna, t3/14; cum 48K 4/15;

Sunday, June 1, 2014
24754, 3,004, Statoil, Melissa 31-30 2H, East Fork, t10/14; cum 54K 4/15;
24759, 2,081, Statoil, Melissa 31-30 7TFH, East Fork, t10/14; cum 29K 4/15;
25675, 2,921, Statoil, Lucy Hanson 15-22 5TFH, Catwalk, t9/14; cum 173K 11/18;
26473, 959, Newfield, Rolfsrud State 152-96-21-16-12H, Westberg, t3/14; cum 33K 4/14;
26510, 1,420, WPX, Mabel Levings 14-23HX, Mandaree, t5/14; cum 2K 4/14;
26511, 1,64, WPX, Mabel Levings 14-23HB, Mandaree, t5/14; ;cum 3K 4/14;
26569, 305, KOG, W Nystuen 159-98-15-9-4-2H3, Big Stone, t2/14; cum 9K 4/14;
26789, 1,014, Hess, BB-Belquist-150-95-1110H-3, Blue Buttes, t8/14; cum 88K 4/15;

Saturday, May 31, 2014
None

Friday, May 30, 2014
25612, 329, Nine Point Energy/Triangle, Frederick James 149-101-3-10-4TFH, Antelope Creek, t1/14; cum 143K 11/18;
26002, 549, Oasis, Kelter 7-6HTF, Eightmile, 4 sections, t3/14; cum 4K 4/14;
26401, 185, Mountain Divide, Reistad 23-14-1H, Fortuna, t3/14; cum 41K 4/15;
26631, 289, CLR, Mack 10-2H3, Antelope, Sanish pool, t8/14; cum 11K 4/15;
26650, 1,075, XTO, Jan 14X-34F, Siverston, t10/14; cum 33K 4/15;
26675, 1,684, Petro-Hunt, Burian 144-98-14A-23-1H, Little Knife, t5/14; cum 58K 4/15;
26877, 204, CLR, Lawrence 8-24H3, North Tioga, t10/14; cum 24K 4/15;

Thursday, May 29, 2014
26927, 1,323, BR, Crater Lake 11-14MBH-R, Hawkeye, t12/14; cum 59K 4/15;
23932, 538, OXY USA, Loren Hagen 1-35-26H-141-97, St Anthony, t11/13; cum 33K 4/14;
25143, 950, Enerplus, Pygmy 147-93-18B-19HTF, Moccasin Creek, t12/13; cum 68K 4/14;
25674, 3,113, Statoil, Lucy Hanson 15-22 4H, Catwalk, t8/14; cum 63K 4/15;
26322, 3,317, HRC, Fort Berthold 148-95-27B-34-8H, Eagle Nest, t4/14; cum 343K 4/18;
26513, 957, WPX, Mabel Levings 14-23HA, Mandaree, t5/14; cum --
26876, 292, CLR, Lawrence 9-24H, North Tioga, t9/14; cum 77K 4/15;

Wednesday, May 28, 2014
25142, 965, Enerplus, Horned 147-93-18B-19H, Moccasin Creek, t12/13; cum 81K 3/14;
26356, 389, Hunt, Bowline 1-3-10H, Boxcar Butte, t3/14; cum 6K 3/14;
26790, 1,145, Hess, BB-Belquist-150-95-1110H-4, Blue Buttes, t8/14; cum 105K 4/15;

Tuesday, May 27, 2014
25596, 2,706, Bruin/HRC, Fort Berthold 147-94-2B-11-5H, McGregory Buttes, t8/14; cum 363K 4/18;
25610, 189, Nine Point Energy/Triangle, Frederick James 149-101-3-10-2TFH, Antelope Creek, t12/13; cum 95K 4/18; off line for much of 3/18 and 4/18;
25611, 345, Nine Point Energy/Triangle, Frederick James 149-101-3-10-3H, Antelope Creek, t1/14; cum 169K 4/18;
25673, 3,165, Equinor/Statoil, Lucy Hanson 15-22 3TFH, Catwalk, t8/14; cum 284K 11/18;
25708, 711, OXY USA, State Kary 4-19-18H-144-96, Murphy Creek, t11/13; um 42K 3/14;
25845, 1,283, Emerald Oil, Caper 6-22-15H,  Boxcar Butte, t11/13; cum 44K 3/14;
26181, 11, Corinthian, Corinthian Brandjord 8-31 1H, Northeast Landa, a Spearfish well, t2/14; cum 170 bbls; 
26323, 3,318, Bruin/HRC, Fort Berthold 148-95-22C-15-9H, Eagle Nest, t4/14; cum 424K 11/18;
26512, 1,214, XTO, Mabel Levings 14-23HW, Mandaree, t5/14; cum 160K 10/15;
26594, 369, CLR, Luptak 1-24H1,  Ukraina, t3/13; cum 7K 3/14;
26632, 202, CLR, Mack 9-2H2, Antelope, Sanish pool, t8/14; cum 40K 10/15;
26652, 2,086, XTO, Jan 14X-34B, Siverston, t10/14; cum 105K 10/15;
26791, 1,166, Hess, BB-Bellquist-150-95-1110H-5, Blue Buttes, t9/14; cum 129K 10/15;
26875, 260, CLR, Lawrence 10-24H2, North Tioga, t10/14; cum 50K 10/15;
26891, 847, Slawson, Alamo 4-19-18TFH, Big Bend, t6/14; cum 176K 10/15;

Monday, May 26, 2014
25876, 267, Samson Resources, Bel Ari 2314-5H, Ambrose, t4/14; cum --
25930, 1,430, Whiting, Schilke 34-32-2H, Pleasant Hill, t11/13; cum 30K 31/4;
25982, 2,513, Whiting, Norgard 41-14-2H, Ellsworth, t11/13; cum 165K 4/18;
26613, 47, Enduro, MRPSU 29-24, Mouse River Park, a Madison well, t1/14; cum 2K 3/14;
27056, 1,803, Petro-Hunt, Van Hise Trsut 153-95-28D-21-2HS, Charlson, t9/14; cum 191K 10/15;

Sunday, May 25, 2014
25878, 214, Samson Resources, Comet 2635-5H, 4 sections, Ambrose, t4/14; cum --
26293, 2,769, HRC, Fort Berthold 148-94-35C-26-5H, McGregory Buttes, t8/14; cum 177K 10/15;
26296, 1,415, Whiting, schilke 14-33-2RH, Pleasant Hill, producing, re-entry wells tracked here, t11/13; cum 28 3/14;
26297, 2,272, Whiting, Schilke 14-33RH, Pleasant Hill, producing, re-entry wells tracked here, t11/13; cum 47K 3/14;
26527, 353, Hunt, Antelope 1-31-30H, Sather Lake, t3/14; cum 9K 3/14;
26651, 2,932, XTO, Jan 14X-34E, Siverston, t10/14; cum 106K 10/15;
26761, dry, Flatirons Resources, Sundbak 31-11, Torning, a Madison well,
26874, 1,130, CLR, Lawrence 11-24H1, North Tioga, t10/14; cum 84K 10/15;

Saturday, May 24, 2014

25489, 433, American Eagle, Janice 2-3-163-101, Colgan, t3/14; cum 10K 3/14;
25672, 2,044, Statoil, Larsen 3-10 5TFH, Williston, t8/14; cum 54K 10/15;
25877, 591, Samson Resources, Bel Air 2314-7H, Ambrose, 4 sections, producing, t4/14; cum --
26633, 481, CLR, Mack 8-2H, Antelope, Sanish pool, t8/14; cum 53K 10/15;
26792, 1,295, Hess, BB-Belquist-150-95-1110H-6, Blue Buttes,t9/14; cum 224K 11/18;
26892, 905, Slawson, Alamo 5-19-18TFH, Big Bend, t6/14; cum 133K 10/15;

Friday, May 23, 2014
25709, 475, OXY USA, Martin 4-30-31H-144-96, Cabernet, t11/13; cum 10K 3/14;
26141, 523, OXY USA, Walter Cook 1-9-4H-143-98, Little Knife, t11/13; cum 16K 3/14;
26805, 1,882, MRO, Renn 41-4TFH, Reunion Bay, t5/14; cum 124K 10/15;

Thursday, May 22, 2014
25671, 3,081, Statoil, Larsen 3-10 4H, Williston, t8/14; cum 79K 10/15;
25964, 349, Petro-Hunt, Syverson 156-99-30A-31-2H, East Fork, t5/14; cum 100K 10/15;
26653, 2,926, XTO, Jan 14X-34A, Siverston, t10/14; cum 131K 10/15;
26793, 1,300, Hess, BB-Belquist-150-95-1110H-7, Blue Buttes, t7/14; cum 131K 10/15;
26925, 1,687, MRO, Irene Ell 11-1H, Murphy Creek, producing, t3/14; cum 15K 3/14;
27055, 1,306, Petro-Hunt, Van Hise Trust 153-95-28D-21-1HS, Charlson, t9/14; cum 192K 10/15;

Wednesday, May 21, 2014
25599, DRY, KOG, P Scanlan 153-98-16-9-11-16H, Truax, DRY DUE TO POOR CEMENT JOB; I'm sure this location will be re-drilled
25780, 456, Fidelity, CGB 30-31H, Stanley, t12/13; cum 8K 3/14;
25781, A, Fidelity, Garfield 30-31H, Stanley, Three Forks, 60 stages; 3.9 million lbs; no test date, no IP, cum 55K 10/15;
25942, 1,064, Whiting, Johnson 34-33-2H, Pleasant Hill, t11/13; cum 80K 10/15;
26445, 1,260, CLR, Vachal 4-27H, Alkali Creek, t6/14; cum 139K 10/15;
26570, 258, KOG, Wildrose 159-98-15-10-3-3H3, Big Stone, t2/14; cum 3K 3/14;
26915, 339, Samson Resources, Bel Air 2314-8H, Ambrose, t4/14; cum 57K 10/15;

Tuesday, May 20, 2014
25239, 307, Oasis, Metz 6094 13-1H, Viking, t11/13; cum 21K 3/14;
25597, 2,750, Bruin/HRC, Fort Berthold 147-94-2B-11-4H, McGregory Buttes, t8/14; cum 385K 11/18;
25670, 2,541, Statoil, Larsen 3-10 3TFH, Williston, t8/14; cum 92K 10/15;
25903, 587, EOG, Fertile 54-20H, Parshall, one section, t12/13; cum 124K 4/18;
25929, 1,252, Petro-Hunt, Dolezal 145-97-17A-20-4H, Little Knife, t3/14; cum --
26098, 1,612, Petro-Hunt, Syverson 156-99-30B-31-4H, East Fork, t5/14; cum 152K 10/15;
26147, 1,681, WPX, Alfred Old Dog 19-18HC, Reunion Bay, t4/14; cum --
26402, 1,182, CLR, Raleigh 3-20H, Dollar Joe, t5/14; cum 135K 10/15;

Monday, May 19, 2014
23355, 58 (scout ticket), Bakken Hunter, Pacer 3427 2MBH, Ambrose, t1/14; cum 57K 4/18;
25846, 1,014, Emerald Oil, Caper 5-22-15H, Boxcar Butte, t11/13; cum 47K 3/14;
26146, 1,223, WPX, Alfred Old Dog 19-18HY, Reunion Bay, t4/14; cum 2K 3/14;
26267, 1,672, Petro-Hunt, Van Hise Trust 153-95-28D-21-6H, Charlson, t9/14; cum 426K 11/18;
26714, 74, Corinthian Exploration, Corinthian Lochner 16-33 1H, North Souris, looks like a nice Spearfish well, t12/13; cum 13K 3/14;
26916, 185,  Samson Resources, Comet 2635-8H, Ambrose, t4/14; cum 49K 10/15;

Sunday, May 18, 2014
25601, 1,461, Whiting/KOG, P Scanlan 153-98-16-9-11-16H3, Truax, t4/14; cum 86K 4/18;
26235, 2,270, QEP, Moberg 3-18BH, Grail, a huge well, t11/13; cum 91K 3/14;
26294, 2,567, Bruin/HRC, Fort Berthold 148-94-35C-26-4H, McGregory Buttes, t8/14; cum 377K 4/18;
26403, 790, CLR, Raleigh 2-20H1, Dollar Joe, t5/14; cum 103K 10/15;
26439, 2,084, BR, CCU Four Aces 14-21TFH, Corral Creek, t4/14; cum --
26727, 2,403, MRO, Herb 14-35H, Killdeer, 4 sections, t4/14; cum --

Saturday, May 17, 2014
24347, 547, Whiting, Redmond Federal 31-28PH, Fryburg, t11/13; cum 19K 3/14;
24348, 136, Whiting, Redmond Federal 1-28PH, Fryburg, t11/13; cum 10K 3/14;
26342, 2,706, Bruin/HRC, Miller 157-101-12D-1-2H, Otter, t2/14; cum 167K 11/18;
26438, 2,405, BR, CCU William 44-20MBH, Corral Creek, t4/14; cum --
26971, 1,016, Statoil, Ross-Alger 6-7-7TFH-R, Alger, t5/14; cum 43K 10/15;

Friday, May 16, 2014
25777, 2,857, Statoil, Lloyd 34-3 3H, Sandrocks, t7/14; cum 194K 4/18;
26234, 2,524, QEP, Moberg 2-18TH, Grail, one section, t11/13; cum 68K 3/14;
26378, 2,086, Whiting/KOG, P Vandeberg 154-99-1-1-12-15H3, Stockyard Creek, t4/14; cum 95K 10/15;

Thursday, May 15, 2014
25598, 2,919, HRC, Fort Berthold 147-94-2B-11-3H, McGregory Buttes, t8/14; cum 395K 11/18;
25853, 1,203, EOG, Wayzetta 34-2829H, Parshall, t12/13; cum 470K 11/18;
26266, 2,476, Petro-Hunt, Van Hise Trust 153-95-28D-21-5H, Charlson, t9/14; cum 402K 11/18;
26341, 659, HRC, Miller 157-101-12D-1-3H, Otter, t9/14; cum 85K 10/15;
26437, 2,124, BR, CCU Corral Creek 11-28TFH, Corral Creek, nt4/14; cum --
26457, 1,236, XTO, Broderson 31X-27D, Siverston, t5/14; cum 120K 10/15;
26795, 493, CLR, Snider 1-21H1, Ukraina, t3/14; cum 2K 3/14;
26878, 1,367, XTO, FBIR Guyblackhawk 24X-27H, Heart Butte, t7/14; cum 117K 10/15;

Wednesday, May 14, 2014
25037, 535, American Eagle, Lynda 15-32-164-101, Colgan, t2/14; cum 18K 3/14;
25782, 150, Fidelity, Justine 25-36H, Green River, t1/14; cum 21K 3/14;
26377, 2,198, Whiting/KOG, P Vandeberg 154-99-1-1-12-15H, Stockyard Creek, t4/14; cum 177K 4/18;
26436, 1,944, BR, CCU Powell 41-29MBH, Corral Creek, t11/4; cum 90K 10/15;
26582, 255, Whiting, Maus 21-26, Camel Hump, a Red River well, t1/14; cum 12K 3/14;
26670, 410, Cornerstone, Martinsen D-3427-6191, Little Butte, t11/14; cum 74K 10/15;
26977, 620, CLR, Ellison 1-21AH1, Stoneview, t5/14; cum 58K 10/15;

Tuesday, May 13, 2014
25663, 219, EOG, Wayzetta 37-1617H, Parshall, t12/13; cum 456K 4/18;
25776, 3,043, Statoil, Bugs 27-22 7H, Poe, t7/14; cum 127K 10/15;
26265, 2,168, Petro-Hunt, Van Hise Trust 153-95-28D-21-4H, Charlson, t9/14; cum 350K 11/18;
26376, 1,267, Whiting/KOG, P Vandeberg 154-99-1-1-12-16H3, Stockyard Creek, t5/14; cum 47K 10/15;
26713, 74, Corinthian Exploration, Corinthian Lochner 16-33 2H, North Souris, producing, very nicely, t12/13; cum 13K 3/14;
26820, 20, Enduro, RPSU 30-14, Mouse River Park, a Madison well, t12/13; cum 2K 3/14;
26879, 1,940, XTO, FBIR Guyblackhawk 24X-27A, Heart Butte, t7/14; cum 2K 6/14;

Monday, May 12, 2014
25661, 65, EOG, Wayzetta 25-1617H, Parshall, middle Bakken, 35 feet, 25 stages; 10 million lbs, t12/13; cum 305K 4/18;
26246, 500, CLR, Bildt 1-25H1, Leaf Mountain, t4/14; cum 2K 3/14;
26295, 3,569, Bruin/HRC, Fort Berthold 148-94-35C-26-3H, McGregory Buttes, t8/14; cum 402K 11/18;
26721, 1,268, CLR, Colter 6-14H2, Bear Creek, t3/14; cum 14K 3/14;
26846, 753, Hess, EN-Weyrauch-154-93-1918H-9, Robinson Lake, t7/14; cum 3K 6/14;

Sunday, May 11, 2014
25862, 1,312, Newfield, Holm 150-98-5-8-2H,  Siverston, t3/14; cum 18K 3/14;
26426, 300, Murex, Brayden Alexander 20-17H, Writing Rock, t6/14; cum 8K 6/14;

Saturday, May 10, 2014
25798, 349, CLR, Lannister 1-23H1, Leaf Mountain, no production data, 
26046, 2,485, BR, Capitol 14-7MBH, Westberg, t5/14; cum 203K 4/18;
26117, PNC, Brin/HRC, Pasternak Trust 157-100-19C-18-3H,  Marmon, 
26375, 1,960, KOG, P Vandeberg 154-99-1-1-12-16H,  Stockyard Creek, t5/14; cum 38K 6/14;
26461, 1,982, MRO, Skold 34-35TFH, Reunion Bay, t3/14; cum 221K 4/18;

Friday, May 8, 2014:
25294, 953, Hess, EN-Weyrauch 154-93-1918H-8, Robinson Lake, t7/14; cum 14K 6/14;
25863, 637, Newfield, Holm 150-98-5-8-10H, Siverston, t3/14; cum 12K 3/14;
26107, 404, Slawson, Rum Runner 1-16-9H, East Tioga, t3/14; cum 13K 3/14;
26471, 1,048, Newfield, Wisness State 152-96-21-16-11H, Westberg, t2/14; cum 23K 3/14;

Thursday, May 8, 2014:
21733, 1,118, CLR, Polk 1-33H, Banks, t3/14; cum 280K 11/18;
24669, 895, Oasis, Bud L 5501 44-21T, Missouri Ridge, t10/13; cum 20K 3/14;
25041, 3,128, QEP, Lawlar 4-5-8BH, Grail, t4/14; cum 335K 11/18;
25077, 320, Oasis, Martell 36-25HTF2, Glass Bluff, t2/14; cum 5K 3/14;
25799, 487, CLR, Vibe 1-26H1, Leaf Mountain, t5/14; cum 7K 6/14;
26090, 210, Lime Rock/OXY USA, Francis Brownell 1-16-21H-143-98, Little Knife, t11/13; cum 57K 4/18;
26344, 1,896, Statoil, Cvancara 20-17 5H, Alger, t8/14; cum 101K 10/15;
26470, 1,013, Newfield, Wisness State 152-96-21-16-1HX, Westberg, t2/14; cum 26K 3/14;

Wednesday, May 7, 2014:
25882, 969, Whiting, Miller 34-8-4H, Harding, t11/13; cum 34K 3/14;
25883, 790, Whiting, Langwald 31-17-4H, Estes, t11/3; cum 29K 3/14;
26260, 196, Hunt, Burg 161-99-19-18H-1, Musta, t1/14; cum 13K 3/14;
26724, 74, Corinthian Exploration, Corinthian Lochner 16-33 3H, North Souris, producing, looks like a good Spearfish well; t12/13; cum 13K 3/14;
Tuesday, May 6, 2014:
24653, 600, Lime Rock/OXY USA, Henry Kovash 4-7-6H-142-95, Manning, t11/13; cum 73K 4/18;
25040, 2,981, QEP, Lawlar 3-5-8TH, Grail, t4/14; cum 246K 4/18;
26118, 2,023, Bruin/HRC, Grev 157-100-30B-31-2H, Marmon, t5/14; cum 241K 11/18;
26410, 1,339, Oasis, Prairie USA 1-12H, Foreman Butte, t2/14; cum 74K 10/15;
26469, 752, Newfield, Wisness State 152-96-21-16-10H, Westberg, t2/14; cum 17K 3/14;
26509, 595, Hess, TI-Blikre-158-95-1324H-2, Tioga, t3/14; cum 20K 3/14;

Monday, May 5, 2014:
25864, 1,425, Newfield, Holm 150-98-5-8-3H, Siverston, t3/14; cum 18K 3/14;
26028, 1,142, EOG, Wayzetta 41-2117H, Parshall, t12/13; cum 783K 4/18;
26205, 1,514, Petro-Hunt, Sherven Trust 153-95-27B-3H, Charlson, t2/14; cum 36K 3/14;
26345, 1,463, Statoil, Cvancara 20-17 6TFH, Alger, t7/14; cum 52K 10/15;
26592, 387, SM Energy, Paul 3-4HS, Alexandria, t3/14; cum 26K 5/14;

Sunday, May 4, 2014:
25647, 110, EOG, Wayzetta 31-3230H, Parshall, t10/13; cum 754K 11/18;
26039, 3,002, Whiting, Johnson 31-4-2H, Pleasant Hill, t11/3; cum 196K 4/18;
26116, 1,785, HRC, Grev 157-100-30B-31-3H, Marmon, t3/14; cum 10K 3/14;
26119, 901, HRC, Pasternak Trust 157-100-19C-18-2H, Marmon, t3/14; cum 6K 3/14;
26444, 1,703, CLR, Vachal 5-27H1, Alkali Creek, t4/14; cum 182K 4/18;

Saturday, May 3, 2013:
25023, 131, Sinclair, Martens 4-4TFH, Sanish, t5/14; cum 4K 5/14;
25295, 729, Hess, EN-Weyrauch 154-93-1918H-7, Robinson Lake, t6/14; cum 16K 6/14;
26752, 337, SM Energy, Marvin 14-34HS, Alexandria, t2/14; cum 6K 3/14;

Friday, May 2, 2104
22707, 1,959, Bruin/HRC, Fort Berthold 151-94-26B-35-3H, Antelope, t4/14; cum 494K 4/18; off-lien as of 2/18;
22708, 1,776, Bruin/HRC, Fort Berthold 151-94-26B-35-2H, Antelope, t4/14; cum 294K 4/18; off-lien as of 2/18;
26346, 2,384, Statoil, Cvancara 20-17 7H, Alger, t7/14; cum 136K 10/15;
26622, A, Enduro, MRPSU 30-11, Mouse River Park, a Madison well, EOR water injection;
26691, 545, CLR, Marlene 4-3H1, Stoneview, t7/14; cum 6K 6/14;

Thursday, May 1, 2014
25403, 1,004, QEP, MHA 4-10-11H-149-91, Heart Butte, t2/14; cum 2K 2/14;
25879, 277, Samson Resources, Comet 2635-7H,  Ambrose, t4/14; cum11K 5/14;
26001, 992, Oasis, Kelter 7-6HTF2, Eightmile, no production data,
26247, 468, SM Energy, Orlynne 2-3H, West Ambrose, t4/14; cum 104K 10/15;
26600, 1,764, BR, Sequoia 24-9TFH, Hawkeye, t8/14; cum 172K 10/15;
26637, 354, Hunt, Bear Butte 1-12-1H, Bear Butte, t1/14; cum 83K 10/15;

Wednesday, April 30, 2014: 169 for the month of April
25987, 1,350, Hess, EN-Frandson-154-93-2116H-6, Robinson Lake, t4/14; cum 50K 5/14;
26259, 63, Hunt, Alexandria 161-100-23-14H-1, Alexandria, t12/13; cum 28K 3/14;
26672, 907, Hess, BW-Sharon-2560-150-100-2536-3031H-1, South Tobacco Garden, t4/14; cum 34K 5/14;
26688, 623, CLR, Schroeder 2-34H, Stoneview, t6/14; cum 6K 6/14;
26726, 351, MRO, Edwards 44-34TFH, Killdeer, t4/14; cum 5K 5/14;
 
Tuesday, April 29, 2014: 164 for the month of April
25590, 779, Whiting, Kostelecky 41-28PH, South Heart, t10/13; cum 22K 2/14;
25639, 2,362, Oasis, Feathertop 5493 43-23B, Robinson Lake, t11/13; cum 35K 2/14;
25741, 618, Oasis, Bennett 6093 12-26T, Gros Ventre, t12/13; cum 23K 2/14;
25839, 942, EOG, Austin 131-0631H, Parshall, t12/13; cum 18K 2/14;
25840, 916, EOG, Austin 34-0631H, Parshall, t12/13; cum 14K 2/14;
26214, 2,122, Petro-Hunt, USA 153-95-22C-15-3H, Charlson, t1/14; cum 34K 2/14;
26604, 434, Slawson, MacCougar 3-30-19H, Big Bend,t8/14; cum 72K 10/15;
26689, 285, CLR, Schroeder 3-34H1, Stoneview, t12/14; cum 94K 10/15;

Monday, April 28, 2014: 156 for the month of April
23889, 1,372, Slawson, MacCougar 5-30-19TFH, Big Bend, t9/14; cum 124K 10/15;
25591, 660, Whiting, Kostelecky 11-28PH, South Heart, t10/13; cum 31K 2/14;
26335, PA/18, MRO, Powell 31-27TH, wildcat, Tyler; minimal production;
26572, 881, Hess, BW-Sharon-150-100-2536H-4, Timber Creek, t4/14; cum 28K 51/4;
26656, DRY, Statoil, Ross-Alger 6-7 7TFH, Alger, truly a dry well; just not much there;
26794, PA/88, MRO, Rundle Trust 21-29TH, Moord/wildcat, Tyler formation; t4/14; cum 1K 51/4;

Sunday, April 27, 2014: 150 for the month of April
25986, 490, Hess, EN-Franson-154-93-2126H-5, Robinson Lake, t5/14; cum 10K 5/14;
26289, 1,976, MRO, Adam Ell 44-33H, Murphy Creek, t2/14; cum 8K 2/14;
26690, 348, CLR, Schroeder 4-34H, Stoneview, four sections; t11/14; cum 172K 4/18;

Saturday, April 26, 2014: 147 for the month of April
23890, 1,002, Slawson, MacCougar 2-30-19H, Big Bend, t8/14; cum 298K 11/18;
25722, 657, Petro-Hunt, MM Wold 160-94-31A-6-7H, North Tioga, t4/14; cum 24K 5/14;
26379, 765, Petro-Hunt, MM Wold 159-94-6D-13-5H, North Tioga, t2/14; cum 8K 2/14;
26571, 428, Resource Energy Can-Am/American Eagle, Taylor 16-1E-163-102, Colgan, t3/14; cum 91K 4/18;
26655, 1,652, Statoil, Ross-Alger 6-7 7TFH, Alger, t5/14; cum 3K 5/14;

Friday, April 25, 2014: 142 for the month of April
23257, 776, SM Energy, Dorothy 16-21H, Siverston, t4/14; cum 147K 10/15;
23891, 388, Slawson, MacCougar 4-30-19TFH, Big Bend, t9/14; cum 360K 11/18;
25018, 1,433, Whiting, Wright Federal 21-5H, Bully, t10/13; cum 35K 2/14;
25019, 1,680, Whiting, Wright Federal 21-5-2H, Bully, t10/13; cum 30K 2/14;
25039, 2,778, QEP, Lawlar 3-5-8BH, Grail, t4/14; cum 261K 4/18;
25669, 60, Whiting, Maus 41-21H, Camel Hump, a Red River well, t12/13; cum 3K 2/14;
25935, 201, Murex, Camille Helen 33-28H, Fortuna, t2/14; cum 2K 2/14;
26336, 10, Corinthian Exploration, Corinthian Derr 8-9 1H, Red Rock, a Spearfish well, t1/14; cum --
26599, 2,565, BR, Sequoia 14-9MBH, Hawkeye, t8/14; cum 297K 4/18;

Thursday, April 24, 2014: 133 for the month of April
25380, 1,802, XTO, Loomer 41X-3G, Tobacco Garden, t6/14; cum 2K 6/14;
25832, 160, American Eagle, Blackwatch 2-2N-163-101, Colgan, t4/14; cum 11K 5/14;
26350, 726, Hess, SC-Berner-157-99-1918H-1, Lone Tree Lake, t4/14; cum 25K 5/14;
26598, 1,923, BR, Sequoia 14-9TFH, Hawkeye, t8/14; cum ---
26616, 8 (no typo), Enduro, MRPSU 30-13, Mouse River Park, a Madison well; t12/13; cum 792 bbls last produced 6/14;

Wednesday, April 23, 2014: 128 for the month of April
25038, 2,401, QEP, Lawlar 2-5-8TH, Grail, t3/14; cum 167K 4/18;
25985, 572, Hess, EN-Frandson-154-93-2116H-5, Robinson Lake, t5/14; cum 19k 5/14;
26750, 615, SM Energy, Rick 16X-12H, Siverston, t4/14; cum 81K 10/15;

Tuesday, April 22, 2014: 125 for the month of April
25379, 1,471, XTO, Loomer 41X-3C, Tobacco Garden, t7/14; cum 252K 4/18;
25821, 2,164, BR, CCU Columbian 14-36TFH, Corral Creek, t3/14; cum 177K 4/18;

Monday, April 21, 2014: 123 for the month of April
24811, 810, Petro-Hunt, State of North Dakota 154-99-16B-2H, Stockyard Creek, t12/13; cum 44K 2/14;

Saturday: 122 for the month of April
22995, 1,160, Abraxas, Jore Federal 2-11-1H, North Fork, t6/14; cum 225K 4/18;
25010, 1,398, WPX, FBIR 13-24HD, Van Hook, t3/14; cum 328K 4/18;
25822, 1,403, BR, CCU Columbian 24-36TFH, Corral Creek, t2/14; cum 220K 4/18;
25912, 1,162, Zavanna, Bills 5-8 3TFH, Crazy Man Creek, t8/14; cum 117K 4/18;
26258, 795, CLR, Oneil 1-28H1, Stoneview, t6/14; cum 88K 4/18;

Sunday: 117 for the month of April
20257, 2,475, Rimrock/KOG, Two Shields Butte 3-24-12-3H3, Mandaree, t4/14; cum 312K 4/18;
24989, A, Kaiser-Francis/Fidelity, Allan 14-23H, Dickinson, no IP, cum 104K4/18;
24990, 1,117, Kaiser-Francis/Fidelity, Doloris 14-23H, Dickinson, t10/13; cum 118K 4/18;
25378, 380, XTO, Loomer 41X-3R, Tobacco Garden, t7/14; cum 162K 4/18;
25899, 715, Hess, SC-Bennie 157-99-2017H-1, Lone Tree Lake, t3/14; cum 180K 4/18;
25911, 468, Zavanna, Bills 32-29 4TFH, Stockyard Creek, t8/14; cum 175K 4/18;
26462, 2,224, MRO, Myers 24-35H, Reunion Bay, t3/14; cum 274K 4/18;
26720, 660, Hess, EN_State C-156-93-1615H-6, t6/14; cum 161K 4/18;

Monday: 109 for the month of April
18120, 2,966, BR, CCU Mainstreeter 14-24TFH, Corral Creek, t2/14; cum 211K 4/18;
23256, 642, Oasis/SM Energy, Arnold 16X-12H, Siverston, producing, t4/14; cum 129K 4/18;
25995, 642, Cornerstone, Anderson B-2413-6191, Clayton, t5/14; cum 113K 12/18;

Thursday, April 17, 2014: 106 for the month of April
20259, 1,579, KOG, Skunk Creek 3-24-25-14H3, Mandaree, t4/14; cum 168K 4/18;
24661, 928, Whiting, Zalesky 21-17PH, North Creek, t10/13; cum 99K 4/18;
25381, 1,872, XTO, Loomer 41X-3D, Tobacco Garden, t7/14; cum 262K 4/18;
25789, 2,495, Whiting, Lucky Lady 44-35H, Timber Creek, t10/13; cum 146K 4/18;
25790, 2,013, Whiting, Evelyn Moen 4-34H, Arnegard, t10/13;cum 143K 4/18;
25791, 2,172, Whiting, Roy Moen 44-34-2H, Arnegard, t10/13; cum 161K 4/18;
25913, 929, Zavanna, Bills 32-29 2H, Stockyard Creek, t8/14; cum 272K 4/18; off-line since 7/17 for the most part;
26573, 116, Crescent Point Energy/Corinthian Exploration, Corinthian Kornkven 1-32 1H, North Souris, a Spearfish well, t12/13; cum 30K 12/18;
26638, 426, CLR, Cecelia 1-27H1, Stoneview, t4/14; cum 124K 4/18;
26719, 77, Hess, EN-State C-156-93-1615H5, Alger, t6/14; cum 157K 4/18;

Wednesday, April 16, 2014: 96 for the month of April
22994, 1,049, Abraxas, Jore Federal 2-11-4,  North Fork, t5/14; cum 211K 12/18;
24662, 1,010, Whiting, Zalesky 11-17PH, North Creek, t10/13; cum 98K 12/18; needs to be re-fracked;
25012, 966, WPX, FBIR 13-24HC, Van Hook, t3/14; cum 287K 12/18;
26174, 1,324, Hess, SC-5WX-152-99-0310H-1, Banks,t6/14; cum 268K 12/18;

Tuesday, April 15, 2014: 92 for the month of April
25914, 1,060, Zavanna, Bills 5-8 1H, Crazy Man Creek, t8/14; cum 324K 12/18; finally some Zavanna activity in 2018;

26167, 2,044, BR, Crater Lake 21-14MBH, Hawkeye, t3/14; cum 311K 12/18;
26168, 2,520, BR, Crater Lake 31-14MBH, Hawkeye, t3/14; cum 296K 12/18;

Monday, April 14, 2014: 89 for the month of April
25006, 1,185, WPX, Olson 12-1HD, Van Hook, t2/14; cum 281K 12/18;
25641, 422, LIme Rock/OXY USA, Jake McNiece 1-34-27H-143-97,  Willmen, t9/13; cum 71K 12/18; needs to be re-fracked;
26660, 2,240, MRO, JWC 44-34H, Reunion Bay, t5/14; cum 298K 12/18;

Sunday, April 13, 2014: 86 for the month of April
22993, 790, Abraxas, Jore Federal 2-11-2H, North Fork, t6/14; cum 213K 12/18;
25406, 1,056, QEP, MHA 1-10-11H-149-91, Heart Butte, 4 sections, t3/14; cum 206K 12/18;
26169, 2,616, BR, Crater lake 41-14TFH, Hawkeye, t3/14; cum 255K 12/18;
26173, 1,066, Hess, SC-4WX-153-98-3130H-3, Banks, t5/14; cum 202K 9/18; off-line since 9/18;

26228, 1.097, Oasis/SM Energy, Wilson Federal 1X-20H, Charlson, t2/14; cum 375K 12/18;
26440, 1,368, CLR, Vachal 3-27H1, Alkali Creek, t5/14; cum 289K 12/18;
26718, 648, Hess, EN-State C-156-93-1615H-4, Alger, t5/14; cum 146K 12/18;

Saturday, April 12, 2014: 79 for the month of April
25404, 812, QEP, MHA 2-10-11H-149-91, Heart Butte, 4 sections, t2/14; cum 164K 12/18;
25405, 1,223, QEP, MHA 3-10-11H-149-91, Heart Butte, 4 sections, t2/14; cum 165K 12/18;
26371, 209, KOG, Wildrose 159-98-14-12-1-3H3, Big Stone, t2/14; cum 39K 12/18; needs to be re-fracked;
26374, 992, Oasis/SM Energy, Loraine 1X-20H, Charlson, t2/14; cum 294K 12/18;

Friday, April 11, 2014: 75 for the month of April
25758, 1,732, Whiting, Marsh 14-18PH, Dutch Henry Butte, t10/13; cum 199K 12/18;
25928, 728, Petro-Hunt, Dolezal 145-97-17A-20-4H, Little Knife, t3/14; cum 297K 12/18;
26134, 676, Petro-Hunt, Boss 154-99-17A-18-6H, Stockyard Creek, t12/13; cum 183K 12/18;
26170, 2,520, BR, Crater Lake 41-14MBH, Hawkeye, t4/14; cum 270K 12/18;
26419, 2,904, BR, Archer 14-25TFH, Charlson, t2/14; cum 523K 12/18; off line as of mid-3/18; back on line; see this post;
26698, 583, Slawson, Little Creature 1-15-14H, Stockyard Creek, t2/14; cum 171K 12/18;

Thursday, April 10, 2014: 69 for the month of April
20981, 1,048, Enerplus, Hall 5-11H, Spotted Horn, t2/14; cum 296K 12/18;
24939, 603, Lime Rock/OXY USA, Adelbert Ames 1-19-18-143-94, Murphy Creek, t10/13; cum 98K 12/18;
25654, 568, Oasis, Kate Evelyn 5501 14-3T, Cow Creek, t2/14; cum 126K 12/18;
25742, 653, Oasis, W. E. Isley 6093 12-26B, Gros Ventre, t12/13; cum 146K 12/18;
25788, 762, Hess, En-Cvancara A-155-93-3231H-6, Robinson Lake, t4/14; cum 173K 12/18;
26172, 511, Hess, SC-4WX-153-98-3130H-2, Banks, t5/14; cum 103K 12/18;

Wednesday, April 9, 2014: 63 for the month of April
20910, 447, Sinclair, Nelson 2-25H, Parshall, t12/13; cum 121K 12/18;
24763, 1,286, Enerplus, Catfish 148-93-15D-16H, South Fork, t10/13; cum 314K 12/18;
24764, 979, Enerplus, Pumpkin 148-93-14C-13H TF, South Fork, t10/13; cum 286K 12/18;
24765, 1,267, Enerplus, Tobacco 148-93-14C-13H, South Fork, t10/13; cum 307K 12/18;
26015, 2,438, MRO, Rebecca 31-26, Killdeer, t4/14; cum 249K 12/18; off line as of 11/18;

26229, 470, SM Energy, Peter 4-2H, West Ambrose, t1/14; cum 156K 12/18;
26404, 1,602, CLR, Annapolis 3-29H, Dollar Joe, t4/14; cum 224K 12/18;
26425, IA/325, Foundation Energy Management/Whiting, Lowman 44-15, Camel Hump, a Red River well, t12/13; cum 45K 4/18; off line as of 2/18;
26455, 477, XTO, Broderson 31X-27C, Siverston, t5/14; cum 280K 12/18;

Tuesday, April 8, 2014: 54 for the month of April
23541, 1,545, Enerplus, Honor 150-94-06B-18H TF, Spotted Horn, t6/14; cum 603K 12/18;
25787, 758 Hess, EN-Cvancara A-155-93-3231H-5, Robinson Lake, t4/14; cum 173K 12/18;
26092, 1,643, BR, Big Bend 21-2TFH, Camel Butte, t6/14; cum 197K 12/18;
26171, 1,299, Hess, SC-4WX-153-98-3130H-1, Banks, t5/14; cum 233K 12/18;
26334, 460, Hess, GN-Frantzick-158-97-1003H-1, New Home, t7/14; cum 84K 12/18;
26442, 665, Slawson, Bazooka 3-20H, Big Bend, t2/14; cum 225K 12/18;

Monday, April 7, 2014: 48 for the month of April
23593, 2,805, Equinor/Statoil, M. Macklin 15-22 4H, Cow Creek, t2/14; cum 281K 12/18;
24051, 623, Kraken/Fidelity, Crane Creek 43-34H, Sanish, t10/13; cum 81K 12/18;
25759, 1,112, Whiting, Marsh 44-18PH, Dutch Henry Butte, t10/13; cum 174K 12/18;
25813, 205, Corinthian Exploration, Corinthian 2-Skarphol 8-33-1-M, North Souris, a Madison well, t12/13; cum 48K 12/18;
25998, 1,608, Oasis, Kelter 7-12H3, Eightmile, 4 sections, t3/14; cum 172K 12/18;
26047, 1,683, BR, Capitol 24-7TFH, Westberg, t5/14; cum 168K 3/19;
26333, 559, Hess, GN-Margaret-158-97-1522H-1, New Home, t8/14; cum 104K 3/19;
26405, 1,109, CLR, Annapolis 2-29H1, Dollar Joe, t4/14; cum 159K 3/19;

Sunday, April 6, 2014: 40 for the month of April
23872, 505, Samson Resources, Almos Farms 0112-4TFH, Ambrose, t12/13; cum 89K 3/19;
26441, 579, Slawson, Minx 3-29H, Big Bend, t2/14; cum 203K 3/19;
26454, 1,666, XTO, Broderson 31X-27G, Siverston, t7/14; cum 215K 3/19;
26456, 3,072, XTO, Broderson 31X-27H, Siverston, t6/14; cum 212K 3/19;

Saturday, April 5, 2014: 36 for the month of April
23595, 2,871, Equinor/Statoil, M. Macklin 15-22 5H, Cow Creek, t2/14; cum 250K 3/19;
23680, 1,569, WPX, Martin Fox 20-17HC, Mandaree, t3/14; cum 362K 3/19;
25626, 1,089, CLR, Amy 2-5H1, Dutch Henry Butte, t1/14; cum 121K 3/19;
25786, 1,121, Hess, EN-Cvancara A-155-93-3231H-4, Robinson Lake, t4/14; cum 186K 3/19;
26050, 72, Resource Energy Can-Am/Samson Resources, Almos Farms 0112-5TFH, Ambrose, t4/14; cum 41K 3/19;
26091, 1,723, BR, Big Bend 21-2MBH, Camel Butte, t5/14; cum 290K 3/19; decline rate leveled off nicely, 3/19;

26332, 286, Hess, GN-McCoy-158-97-1102H-1, New Home, t7/14; cum 65K 3/19;

Friday, April 4, 2014: 29 for the month of April
23679, 1,249, WPX, Martin Fox 20-17HZ, Mandaree, t2/14; cum 300K 3/19;
23874, 217, Resource Energy Can-Am/Samson Resources, Almos Farms 0112-3TFH, Ambrose, t1/14; cum 92K 3/19;
26010, 1,478, Whiting, Curl 21-14-2H, Ellsworth, t10/13; cum 140K 3/19;
26197, 337, Resource Energy Can-Am/American Eagle, Bryce 3-2-163-102, Wildcat, t12/13; cum 130K 3/19; far northwest corner of the state,
26288, 2,046, MRO, Ell 21-1H, Murphy Creek, t2/14; cum 155K 3/19; off-line in 4/18 for less than a month; 3/19;
 
Thursday, April 3, 2014: 24 for the month of April
24373, 2,719, Statoil, Garmann 19-18 2TFH, Banks, t6/14; cum 211K 3/19;
26074, 879, Hess, BL-Iverson 155-95-1819H-2, Beaver Lodge, t5/14; cum 189K 3/19;
26331, 493, Hess, GN-Dalseng-158-97-1102H-1, New Home, t9/14; cum 78K 3/19;

Wednesday, April 2, 2014: 21 for the month of April
23678, 1,438, WPX. Martin Fox 20-17HD, Mandaree, t2/14; cum 353K 3/19;
24623, 704, Oasis, Crabapple 5200 44-29T, Camp, t12/13; cum 204K 3/19;
24707, 1,811, Oasis, Paul S 5300 13-13T, Willow Creek, t10/13; cum 198K 3/19;
24919, 660, Slawson, Jeriyote 7-5-32TFH, Big Bend, t7/14; cum 198K 3/19; sporadic production but seems to be a great well now, 3/19;

25308, 646, Oasis, Norris 5892 21-30B, Cottonwood, t10/13; cum 100K 3/19;
25578, 2,247, Oasis, Jade 5200 21-28T, Camp, 24K first month; t1/14; cum 162K 3/19;
25640, 1,863, Oasis, Mawson 5493 43-23T, Robinson Lake, t11/13; cum 183K 3/19;
25648, 1,659, Petro-Hunt/Emerald Oil, Excalibur 3-25-36H, Boxcar Butte, t11/13;cum 212K 3/19;
25649, 945, Petro-Hunt/Emerald Oil, Excalibur 4-25-36H, Boxcar Butte, t11/13; cum 132K 3/19;
25650, 1,398, Petro-Hunt/Emerald Oil, Excalibur 5-25-36H, Boxcar Butte, t10/13; cum 177K 3/19;
25828, 957, BR, Rising Sun 21-1MBH, 5NH, Clear Creek, t9/13; cum 285K 3/19;
25895, 76, Denbury, CHSU 14B-16NH 15, Cedar Hills, South Red River B, t12/13; cum 88K 3/19;
25900, 248, Oasis, Cottle 5892 21-30T, Cottonwood, t10/13; cum 120K 3/19;
26037, 1,612, Oasis, Texel Federal 5693 44-27 2T, Alger, t10/13; cum 169K 3/19;
26038, 212, Oasis, Phazer 5992 12-26T, Cottonwood, t11/13; cum 93K 3/19;
26164, 1,141, WPX, Brunsell 9-4HZ, Van Hook, t1/14; cum 313K 3/19;
26358, 2,148, XTO, Rink 13X-4E, Garden, t4/14; cum 236K 3/19; recently off-line; no jump in production but decline leveled off nicely;

Tuesday, April 1, 2014: 4 for April
24372, 2,995, Equinor/Statoil, Broderson 30-31 2H, Banks, t6/14; cum 210K 3/19; off line as of 12/18; still off line 3/19;
25646, 607, EOG, Wayzetta 30-3230H, Parshall, t11/13; cum 764K 3/19;
26073, 948, Hess, BL-Iverson 155-95-1819H-3, Beaver Lodge, t4/14; cum 179K 3/19; small jump in production, 2/19;
26359, 2,140, XTO, Rink 13X-4A, Garden, t4/14; cum 211K 12/18; recently off line; no jump in production; offline as of 1/19;

No Daily Activity Report For Monday, March 31, 2014? -- EOG Reports Another Huge Parshall Well -- EOG Tests The Well In November, Produces 91K By End Of January

Active rigs:


3/31/201403/31/201303/31/201203/31/201103/31/2010
Active Rigs195188206168103


No daily activity report posted at the NDIC website at 6:30 p.m. -- did the blizzard shut 'em down? I am not aware of any holiday; and this is not the opening day for hunting season.

Wells coming off the confidential list Tuesday, April 1, 2014:
  • 24372, 2,995, Statoil, Broderson 30-31 2H, Banks, t6/14; cum 205K 9/18;
  • 25646, 607, EOG, Wayzetta 30-3230H, Parshall, t11/13; cum 733K 9/18;2
  • 26073, 948, Hess, BL-Iverson 155-95-1819H-3, Beaver Lodge, t4/14; cum 173K 9/18;
  • 26359, 2,140 XTO, Rink 13X-4A, Garden, t4/14; cum 205K 9/18;
***********************************

25646, see below, EOG, Wayzetta 30-3230H, Parshall:

DateOil RunsMCF Sold
1-2014520072291
12-201381090
11-2013278840
10-201321350

*****************************************
Earthquake In Yellowstone Park; Strongest in 34 Years
The AP is reporting:
The U.S. Geological Survey says the magnitude-4.8 earthquake that shook northern Yellowstone National Park is the strongest there since 1980.
But the Sunday quake was still considered relatively light, and its location didn't raise concerns about the park's supervolcano, which experts say has the potential to erupt with a force about 2,000 times the size of Mount St. Helens and would have worldwide effects.
To the best of my knowledge there is no fracking inside Yellowstone Park.

*****************************************
Humdinger of a Global Warming Winter in Billings This Past Season

The Billings Gazette is reporting:
For the first time since recording began in 1934, Billings has gone over 100 inches of snow in a single season. 
Snowfall associated with a storm that began Sunday morning as rain, amounted to 1.4 inches, which brings the yearly total to 100.6 inches, said Tom Humphrey, a Meteorologist at the NWS in Billings.
Total water associated with the storm dropped .69 inches of water on Billings, he said.

Decline Rate And The Bakken

Wow, talk about perfect timing.

A reader sent me links to two articles yesterday with concerns about the decline rates associated with the Bakken. Regular readers know the concerns about declines rates; I generally won't post mainstream media stories on decline rates any more.

Just moments ago, another reader, completely out of the blue, sent me this snippet from an analyst:
Over the past couple months we have had an abundance of contact with energy industry insiders and investment professionals through the North American Petroleum Expo (aka 'NAPE') and the Raymond James Institutional Investors Conference. Both of these forums provide an environment of knowledge-sharing and group collaboration, and generally result in a high-level overview of emerging energy market themes and general industry sentiment.
In these discussions (much to the chagrin of our oil production model), there seems to be a growing misconception that, because of the high decline rates in shale plays, we are nearing a point where production collapses in a number of plays - thus making the current oil renaissance unsustainable.
So the theory goes that more and more drilling will be required to maintain or grow oil supply as production from new wells becomes increasingly unable to offset the declines from existing wells - eventually resulting in declining production. This simply is not factually correct.
Although shale wells have very high initial rates of decline, they flatten out relatively quickly; as soon as there is a solid foundation of wells that are 3-4 years old, there is a stable base of production that is not especially exposed to the high levels of decline experienced in the first couple of years that a well is on production. Needless to say, this explanation does not satisfy everybody. To demonstrate our view, we conducted a case study in which we projected Bakken oil production using current industry-reported type curves under different rig count scenarios. In this Stat, we will describe the results of our study. 
It's probably a private communication meant for subscribers only and I won't post the entire pdf or the link at this time. That much should suffice.

A month or so from now, when the report is being widely circulated to those without subscriptions, I will post the link, assuming I remember. 

As long as we are on the subject, let me add a few more points:
  • tea leaves alone should suggest this concern is ill-founded; the tea leaves? the amount of investment oil service companies like SLB, BHI, and HAL have invested in Williams County; EOG hits a 24-year high based on Eagle Ford results
  • do folks remember the recovery rate being bandied about at the beginning of the Bakken boom? 2 - 3%. Data less than a year later suggested the recovery rate was 3 - 5%; a corporate presentation about that same time suggested as much as 8% recovery; then just last week, I linked a story that suggested primary production could result in 15% recovery from the Bakken
  • decline rates are irrelevant; what matters is payback time, and EURs (if you got your entire investment back in one day, and the EUR quadrupled your investment in four months, would you care if the well went dry a year later because of a horrendous decline rate? I know I wouldn't.)
  • when the boom began in North Dakota, do you remember how many wells "they" thought would be needed to drill out the Bakken? Around 20,000. That number quickly escalated to 48,000. Some now suggest the number is north of 100,000. At 2,500 wells/year that is 40 years of drilling (three generations of roughnecks); and that's just the middle Bakken/upper Three Forks. We still have the Tyler, and several other formations to consider.
  • corporate presentations, almost across the board, show that decline rates are improving across the Bakken
  • if anything, six-month IP rates and EURs seem to be increasing in the Bakken, not decreasing
  • North Dakota is on track to issue a record number of oil and gas permits in calendar year 2014
  • geo-politically, Venezuela seems on the verge of imploding, becoming the Libya of the western hemisphere
  • Statoil is having trouble finding new reserves, a similar problem for other majors such as XOM ("Peak Oil" theorists tell us nature/God is not making any more oil)
  • I've always opined that Saudi is pumping near their capacity; the analyst on this CNBC video today said the very same thing. 
All the same arguments.

I may be completely wrong. But if I am, it's been a great ride. Life will go one.

For the well-diversified investor: if oil goes down to $25/bbl because Saudi floods the world with oil, the global economy will surge, and a well-diversified investor will do just fine.

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or think you may have read here.

As long as I've rambled this far, let's look at the statement in bold again: as soon as there is a solid foundation of wells that are 3-4 years old, there is a stable base of production that is not especially exposed to the high levels of decline experienced in the first couple of years that a well is on production. 

The Bakken boom began in 2007 in North Dakota. It did not really take off until 2009. KOG was delayed until 2010 in the reservation due to bureaucratic red tape. So, I consider 2011 the base year in the Bakken, and that seems to be born out in the data of active drilling rigs:


3/31/201403/31/201303/31/201203/31/201103/31/2010
Active Rigs194188206168103

[I would prefer to use 2012 as the base year: it's an even number, easier to remember, and all operators were staking their claims that year (based on the rig counts), even more so than 2011, but folks might consider me "gilding the lily." So for now, 2011, but I claim the right to change that to 2012 later on.]

I agree with the analyst above. Five years from the base year there will be a steady "base" rate of production:

In 2016: 4 years x 2,500 wells + existing 5,000 Bakken wells = 15,000 wells
15,000 wells x 1,000 bbls/month = 15,000,000 bbls x 12 months = 180,000,000 bbls/year

In 2016, I would be disappointed if all new wells did not produce at least 100,000 bbls the first year (that was the old standard; certainly things have improved). 2,500 new wells x 100,000 bbls the first year, add 250,000,000 bbls/year from the new wells drilled in that year.

180 + 250 = 430 million bbls/year
430 million bbls/year divided by 365 days = 1.1 million bopd

The Bentek study of some time ago predicted the Bakken would peak at 2.2 million bopd.

So, somewhere between 1.1 million and 2.2 million bopd seems to be the potential of the Bakken.

I'm sure everyone has a napkin handy and can do their own calculations. If no napkin, an envelope will suffice. Use the envelope in which your royalty check arrived. Smile.

Good luck to all.

Disclaimer: I often make simple arithmetic mistakes and my assumptions above could be way off. And they probably are. I came up with only 1.1 million bopd in 2016. Bentek came up with 2.2 million bopd in 2022) and we are already near the one million bopd mark. 

April 1, 2014: here's another "Peak Oil" article over at SeekingAlpha. Doesn't say anything that hasn't been reported before. Decline rates are a red herring and the "Red Queen" is a fact. Who cares? What does it matter.  I attended USAF Air War College between 1996 and 1998. I remember a retired USAF general who became an analyst for a think tank: he said we wouldn't see any more gasoline engines in US automobiles by 2010. LOL.

For Investors Only -- Last Day Of The First Quarter, 2014

Mid-Day Notes

Trading at new highs today: BHI, CRR, ECA, EOG, HAL. Equities surge. Oil fairly flat, slightly negative. SLB is near it's 52-week high. UNP up almost $3.00, still shy of its 52-week high.

We all knew Ms Yellen was a dove on stimulus. She says "extraordinary support" will be needed for some time. Keynesian. Market surges.

Early Morning Notes
EOG jumps to 24-year high based on Eagle Ford well results:
  • EOG Resources surges to all-time highs before pulling back, as the biggest owner of drilling leases in the Eagle Ford shale says five new wells in the formation were pumping more than 13K boe/day of crude, yielding 91%-97% oil.
  • The wells individually produced from 2,314 bbl/day to 3,071 bbl/day; the quality of the crude discovered was on par with the light oil produced in Nigeria or off the Louisiana coast.
Triangle Petroleum subsidiary, RockPile Energy Services, announces upsized credit facility :
  • RockPile Energy Services, a wholly owned subsidiary of Triangle Petroleum, announced that it has closed on a senior secured revolving credit facility in the amount of $100 million.
  • .... allows for the expansion of the Credit Facility up to an aggregate of $150 million.  The previous facility had an aggregate borrowing limit of $27.5 million.
 ****************************

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or think you may have read here. 

AT&T approves new 300 mln share repurchase authorization. Companies are often accused of timing their re-purchases "at the wrong time." My hunch is that companies don't purposely buy their shares back to incur a loss at a later date. But I could be wrong.

****************************

Apache agrees to sell western canada assets for $374 mln:
  • Co and its subsidiaries today announced an agreement to sell producing oil and gas assets in the Deep Basin area of western Alberta and British Columbia, Canada, for $374 mln.
  • Incremental to Apache's earlier $2 bln share re-purchase announcement, the company plans to use the proceeds of this transaction to buy back Apache common shares under the 30-mln-share repurchase program that was authorized by Apache's Board of Directors in 2013. 
  • Apache is selling primarily dry gas-producing properties comprising 622,600 gross acres (328,400 net acres) in the Ojay, Noel and Wapiti areas in Alberta and British Columbia. In the Wapiti area, Apache will retain 100 percent of its working interest in horizons below the Cretaceous, retaining rights to the liquids-rich Montney and other deeper horizons. During 2013, production from the fields to be sold averaged 101 mln cubic feet of natural gas and 1,500 barrels of liquid hydrocarbons per day.
 **************************** 

Global Partners beats by $0.72, misses on revs.

A Never-Ending Story: The Kashagan

Background

Over the years, much has changed with regard to the Kashagan (see original post; compare those notes with the Diplomat link, October 17, 2106. Data points:
  • consortium: Eni, Shell, XOM, Total, CNPC (China), Inpex, and Kazakhstan-state oil company
  • at the end of the 20th century, the Kashagan was the largest oil discovery in a generation
  • production had begun in late 2013 but immediately suspended due to faulty pipes
  • back on-line late 2016
  • now very cautious optimism
  • early production (late 2016 when brought back on-line): 90,000 bopd (compare with 1 million bopd from North Dakota, mostly the Bakken)
  • costs continue to be a headache
  • behind schedule; significantly over-budget
  • since contract signed in 2000, costs have surpassed $53 billion
  • below $100/bbl, the companies running the North Caspian Operating Consortium will incur losses
  • it is estimated that production costs at Kashagan exceed $50/bbl
  • despite that, the government directed that Kashagan go back on-line
  • first phase: in a couple of years, at its peak, Kashagan projected to yield 370,000 bopd; pretty puny in the big scheme of things (at $60 oil, if the full $60 was profit [and, of course it isn't] it would take almost seven years of producing at its peak of 370,000 bopd to pay off the $53 billion)
  • second phase: no timeline yet -- hope to get to 1 million bopd
  • government is anxious about the project getting through its first winter (2016 - 2017)
Updates

December 6, 2018: Kashagan -- apparently still alive and kicking.

March 24, 2018: legal issues hound Kashagan. Google Kashagan oil Moldovia.

February 19, 2018: production goals fell short again.

May 11, 2017: the EIA provides an update

October 20, 2016: analyst's note

October 15, 2016: Kashagan back on line

March 13, 2015: Rigzone is reporting --
Production from Kazakhstan's giant Kashagan oilfield is expected to resume in 2017, more than three years after being suspended due to a pipeline leak, stake holder Royal Dutch Shell said. Operations at the major field, expected to reach production of 300,000 barrels of oil equivalent, started in September 2013 and were halted a month later due to gas leaks from the sour gas pipeline.
October 1, 2014: Rigzone is reporting --
Kazakhstan expects its oil production to stay around 2013 levels until 2016, when it hopes to restart the giant Kashagan oilfield halted by an industrial accident, a senior Kazakh official said on Wednesday.
The Central Asian nation aims to produce 81.8 million tonnes (1.64 million barrels per day) of crude this year, Deputy Energy Minister Magzum Mirzagaliyev told reporters on the sidelines of an international oil and gas conference.
"Next year production is expected to be at the 2014 level," he added.
The second-largest ex-Soviet oil producer after Russia raised its oil output to 81.7 million tonnes last year from 79.2 million tonnes in 2012. A further increase in production after the 3 percent rise last year has been thwarted by delays at the giant Kashagan oilfield in the Caspian Sea.  
Original Post
 
This never-ending story really is a never-ending story.

The WSJ is reporting: the Kashagan oil development in the Caspian Sea off Kazakhstan is years late and more than $30 billion over budget.

$30 billion over budget.
Both sides are straining to understand what went wrong. They complain about an unwieldy management structure. Western oil executives say the Kazakh government has held up decisions and imposed onerous requirements for employing local workers. The Kazakhs say the companies made mistakes that included underestimating the challenge of corrosive gas, making plans that needed frequent revision and not doing the welding right.
Eni Chief Executive Paolo Scaroni said his company's relationship with the government "has been excellent" considering the years of trouble. A senior official of Kazakhstan's state-owned KazMunaiGas, or KMG, disagreed. "It's a marriage that is made in hell," he said.
The Kashagan project's travails—reconstructed from interviews with some 40 people involved in it—come at a time when relationships between Western oil companies and resource-owning governments are more important than ever. To replace what they pump, oil companies need to collaborate with state-owned companies that control 90% of the globe's remaining oil reserves, by a World Bank estimate. But governments often give foreign oil companies access only to the hardest-to-develop acreage. Kashagan's large-scale stumble shows how collaborations in these difficult fields can go sour for both sides.
Within Kazakhstan, an earlier and smaller oil project has fared better. Tengiz, about 80 miles east of Kashagan, has helped the country raise its oil production through the years to over 1.6 million barrels a day. But Tengiz didn't have several rival oil companies with equal shares jousting for position—Chevron Corp. is the dominant partner—and it is on land, not offshore.
As much as Kashagan's costs have risen, they don't necessarily mean the project can't someday be profitable, given that oil prices have also climbed sharply since it began. The costs of $50 billion or so—about $42 billion for development plus $8 billion spent toward the second, production phase—have been paid by all of the oil companies involved, including state-owned KMG. The deal gives most production to the oil companies until their development costs are recovered. 
Okay, let's put that that bit into perspective. Repeating, from the story:
As much as Kashagan's costs have risen, they don't necessarily mean the project can't someday be profitable, given that oil prices have also climbed sharply since it began.
Didn't Barron's just report, this weekend, that oil was headed sharply down over the next five years? [Posted in early 2014. In late 2014, Saudi announced its plan to maximize production in an attempt to kill US shale. Oil prices plunged. US shale did not fold. Saudi's attempt failed. By end of 2016, Saudi said they would cut production in an attempt to get the price of oil back up. By early 2018, WTI was back up to a 2-year high.]