Active Rigs Hit New Post-Boom Low: 47; No New Permits -- January 21, 2016

Active rigs:

	1/21/2016	01/21/2015	01/21/2014	01/21/2013	01/21/2012
Active Rigs	47	160	190	186	203

Wells coming off confidential list Friday:

• 30405, SI/NC, SM Energy, Alvin 4B-15HS, West Ambrose, no production data,
• 30988, SI/NC, EOG, Van Hook 74-14H, Parshall, no production data,
• 31220, SI/NC, XTO, FBIR Reese 43X-33G, Heart Butte, no production data,

No new permits.

Thirteen (13) permits renewed, all by CLR, permits for Blaine, Burr Federal wells in Mountrail County. See below.

XTO canceled six (6) permits, all on the reservation: Yellowwoof (3), Ironwoman (3).

Statoil canceled one (1) permit, a Greenstein permit in McKenzie County.

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

A Busy Section In The Bakken

Among the thirteen (13) permits that CLR renewed (see above), nine of them were Burr Federal wells in section 25-153-93, Sanish oil field. In the graphic below, one can see the activity in that section. Zooming in, the second graphic below, one can see the number of wells that will be sited on these pads:

It appears there will be 35 wells sited in this section. That does not mean all 35 wells are in the same drilling unit / same spacing unit; it simply means they are all "sited" in the same section. Part of this has to do with the fact that this section is along the river.