Wednesday, November 28, 2018

WTI Close To $50; Five New Permits -- November 28, 2018

NDIC is reporting 66 active rigs, a jump from the previous 62 a couple of days ago. A reader went through the data and suggests there may be an error -- some accidental "double-counting" of a couple of rigs. 

Active rigs:

$50.22 oh-oh11/28/201811/28/201711/28/201611/28/201511/28/2014
Active Rigs66553764184

Five new permits:
  • Operators: Kraken Operating
  • Fields: Lone Tree Lake (Williams)
  • Comments: Kraken has permits for a 5-well Rixey pad in 33-157-99; sited in SESE section 33, these wells will run north, opposite and parallel to three producing well; see graphic.
Eleven permits renewed:
  • CLR (5): two Charlotte permits; one each -- Akron, Chicago, and Thorvald -- all in McKenzie County except for Thorvald which is in Dunn County
  • Newfield (3): three Sorenson Federal permits in McKenzie County
  • Oasis: one Fraser Federal permit in Williams County
  • BR: one Abercrombie permit in McKenzie County
  • XTO: one Rough Federal permit in McKenzie County
Five producing wells (DUCs) reported as completed:
  • 33906, 842, Petro-Hunt, USA 153-95-9A-15-1HS, Charlson, t10/18; cum --
  • 34700, 552, Whiting, Liebl 31-13-2H, Alger, t9/18; cum 7K 9/18; look at #23566, Kjos 14-13H; see this post;
  • 34699, 1,078, Whiting, Meiers 44-25-2H, Robinson Lake, t9/18; cum 13K 9/18;
  • 34701, 898, Whiting, Stettner 14-13TFH, Alger, t9/18; cum 3K after 16 days;
  • 30547, 348, BR, Merton 41-15TFH ULW, Croff, t10/18; cum --; the Merton wells are tracked here;
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    2 comments:

    1. Hey Bruce, did you ever notice that the ndic active rig count list's many duplicate and triplicate rigs in order to enhance the total?? A single rig cannot be at two locations at the same time....

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      Replies
      1. You never know. They're doing some impressive things in the Bakken.

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