Five Wells Coming Off Confidential List To Be Reported Monday -- August 21, 2016

Updates

August 23, 2016: it appears the Rainbow Project is included in the CLR sale.

Original Post

A reader asks a very interesting question, see first comment:

How do I find out if the Rainbow Project was sold by Continental resources in this last sale of 80,000 acres for $222 million.

The Rainbow Project was mentioned at the blog at this link: http://themilliondollarway.blogspot.com/2013/04/samson-oil-and-gas-to-acquire-net-1225.html.

There was also a note on the Rainbow Project at this link: http://www.oilandgas360.com/samson-oil-and-gas-limited-deal-with-slawson-exploration/.

According to Business Wire, The Rainbow Project is located in Sections 17, 18, 19 and 20 in T158N R98W.

Personal comment: if this is the area under discussion, it certainly seems like an area that CLR might sell. 

Perhaps a reader might have an answer. Unless one has "inside information" or "unique access" to the buyer or seller, my hunch is that the answer to question will be somewhat difficult to find in the short run. Within a few weeks, we should start seeing transfer of wells from CLR to another operator. 

Again, perhaps a reader has more on this. This note will also be posted at the original post in which it was reported that CLR sold 80,000 non-core assets for $222 million.

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Wells coming off confidential list to be reported Monday:

Monday, August 22, 2016

• 31364, SI/NC, Statoil, Samson 29-32 5TFH, Banks, no production data,
• 32044, 1,506, Whiting, Gullikson 44-34H, Glass Bluff, 35 stages, 6.7 million lbs; t3/16; cum 68K 6/16;

Sunday, August 21, 2016

• 31596, SI/NC, XTO, Johnson 31X-6CXD, Siverston, no production data,

Saturday, August 20, 2016

• 31365, SI/NC, Statoil, Topaz 20-17 5TFH, Banks, no production data,
• 32377, 36, Prairie Hills Oil and Gas, LLC, McCarroll 1H, Grover, a Madison well, Target Horizon: Sherwood;  320-acre spacing; W2 of section 16-162-66; t3/16; cum 2K 6/16;  drilling plan: true vertical depth, 5,021 feet; TD = 9,446 feet;  

according to dmr.nd:

The Madison Group has been divided into a number of informal, wireline log-defined intervals. In ascending order, they are the Bottineau, Tilston, Landa, Wayne, Glenburn, Mohall, Sherwood, Bluell, Coteau, Dale, Nesson, Midale, Ratcliffe, and Poplar intervals. Hendricks subdivided the Ratcliffe interval into several subintervals, the Berentson, Alexander, Flat Lake, Charles C, Lustre, and Eggebrecht.

Comments:

This is the only well/permit currently held by Prairie Hills Oil and Gas, LLC. This well is API: 33-075-01484. This company has been mentioned before on the blog and linked this oilpatchdispatch story. It looks like the company is a ND limited liability company that filed on June 2, 2015, with a registered agent in Bismarck, ND, and a principal address in Big Lake, MN. 

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32377, see below, Prairie Hills Oil and Gas, LLC, McCarroll 1H, Grover:

Date	Oil Runs	MCF Sold
5-2016	1109	0
4-2016	254	0

32044, see above, Whiting, Gullikson 44-34H, Glass Bluff:

Date	Oil Runs	MCF Sold
6-2016	10199	7938
5-2016	14997	12387
4-2016	13809	11056
3-2016	25215	18291
2-2016	3333	0

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Parting Shot

After all that talk about

• crime
• transportation
• not being ready
• swampy pools
• unsafe water
• Zika
• poor security

The only "crime" at the 2016 Rio Olympics was committed by four American swimmers, led by Ryan Lochte. Can't wait to see which companies he endorses going forward. 

NBC led off the Sunday night finals with a look back at all the talk about crime, unsafe water, and Zika, not one mentioning most of thy hype was from the major networks, including NBC and they did not mention the only real blemish on the Olympics: the US male swimmers, led by Ryan Lochte.

Time.com pretty much sums up what Speedo and Ralph Lauren probably plan to do. By the way, we now know why his hair was green, and it had nothing to do with the water. He has a history of doing this. As for me, if either Ralph Lauren or Speedo write any new contracts with Lochte, I'm boycotting both Speedo and Ralph Lauren.

Update: that didn't take long. Speedo drops Ryan Lochte's sponsorship. Reported Monday morning. 

The swimmer's sponsorships were worth a reported $1 million annually.

Lochte needs those sponsorships in order to fund his training for the 2020 Games in Tokyo. According to his website, his other sponsors include Airweave, Marriott and Ralph Lauren. Tellingly, Lochte's name and image were recently removed from Olympic endorser page on Ralph Lauren's website.

Update: Ralph Lauren joins Speedo -- dumps Lochte.

Update: Mattress supplier, Airweave, dumps Lochte. Third sponsor; joins Speedo and Ralph Lauren.

Update: this will end it -- the fourth company ends ties with Ryan. Strike four. Out.