Wednesday, October 28, 2015

Fourteen (14) New Permits -- October 28, 2015; EOG With A Proposal For Another 10-Well Megapad

Active rigs:

Active Rigs69191180186200

Wells coming off the confidential list Thursday:
  • 29803, SI/NC, BR, Morgan 14-21MBH, Pershing, no production data,
  • 30435, SI/NC, SM Energy, Anne 13B-19HS, Ambrose, no production data,
A Burlington Resources well was permitted for re-entry:
  • 20336, re-entry/1,162, BR, Sun Notch 43-32H, Sand Creek, McKenzie; t9/11; cum 37K 8/15;
Fourteen (14) new permits --
  • Operators: EOG (10), QEP (4)
  • Fields: Clarks Creek (McKenzie), Grail (McKenzie)
  • Comments: the QEP permits are for a 4-well pad; it looks like the EOG permits are for two neighboring pads -- one with 6 wells, one with 4 wells; close enough to be one large 10-well megapad; see this post for explanation of the graphic below which was posted earlier; all I've added in the graphic is the "new stuff" in green -- the new 10-well megapad proposed by EOG (disclaimer: I could be very, very wrong on all this. There's a lot going on and I don't always get things right the first time, and I can be wrong on even the second or third time. If this stuff is important to you, go to the source):

If a single well is equivalent to a small mom-and-pop convenience store, a 4-well pad is equivalent to the Little America Super Station on I-80 in Wyoming, and a 10-well pad is a small industrial park. A ten-well pad sitting next to another 10-well pad is ... well ... humongous.

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