Friday, June 7, 2019

Six New Permits; Including A Peregrine Petroleum Permit -- June 7, 2019

Active rigs:

Active Rigs6460522682

Six new permits
  • Operators: Petro Harvester Operating Company, LLC (4); Peregrine Petroleum Partners, LTD; and, Whiting
  • Fields: Lignite/Flaxton (Burke); Covered Bridge (McKenzie), Sanish (Mountrail)
  • Comments:
    • this is the first time in a long time that we've heard from Peregrine; Peregrine has a permit for a single Larson well in section 15-146-102, Covered Bridge oil field; Peregrine has eleven permits in North Dakota;
    • Whiting has a permit for a single Fladeland well in section 26-153-91, Sanish oil field;I don't track the Fladeland wells but one can get an idea of the Fladeland wells at this post;
    • Petro Harvester has permits for a four-well Lig2 pad in section 2-162-91, in Flaxton/Lignite oil fields
Peregrine: this is the information I have on Peregrine over at "Bakken operators" --
Peregrine Petroleum Partners, LTD: website
  • acquires producing and non-producing property in the heart of the Bakken; to include 22 producing wells, March 9, 2019;
  • acquiring royalty property in Divide County, press release, March 3,  2018
  • May 6, 2016: a permit for a well in Hay Draw field, McKenize County
  • April 16, 2015: Peregrine Petroleum: has six permits in North Dakota; the previous five were back in the early 1990's; this is the first new permit in North Dakota in two decades for Peregrine:
    • 23920, Peregrine Petroleum, Covered Bridge-Bakken, establish a 1280-acre unit; 4 wells, McKenzie; Covered Bridge is a 3-section field in south central McKenzie County, far from the sweet spots in McKenzie; Peregrine did have some Bakken wells back in the 1990's; there is a huge Birdbear well in this little section that has produced almost 500,000 bbls since 1983; a stripper well now
  • March 13, 2015: Peregrine drilled five (5) Bakken wells many years ago; all very short horizontal wells in the far south-central/west McKenzie County (currently not much activity); they are all still active and producing, albeit very, very little; this is the company's first permit in North Dakota since 1993
One dry hole:
  • 35419, dry/PNC, Kraken Operating, Dragseth 9-4 2TFH, Winner, from the file report:
    • "Due to a decrease in oil price and in an effort to keep a positive cash flow, Kraken Operating, LLC, has pulled the Nabors B22 rig from our Dragseth location prior to drilling all wells to this time we plan to have the Nabors B-22 rig returning to this location by 10-16-19 to continuing drilling the remaining wells to TD."
    • the daily activity report calls this a "dry" well; in fact, the scout ticket calls it "PNC." The latter is, obviously, more correct. 
    • there are "no" dry wells in the Bakken; we've discussed this before
Six producers abandoned:
  • 03844, Hess, Beaver Lodge-Silurian
  • 18631, Hess, Blou 12 in Williams County
  • 17520, CLR, JDT 24-10SH, in Bowman County
  • 10071, Rampart Energy, Jellesed in Mountrail County
  • 12196, Hess, T. Lalim in Williams County
  • 17899, Lime Rock Resources, Stroh 11-1H, in Dunn County
One producing well (a DUC) reported as completed:
  • 35091, 3,237, Hess, AN-Bohmbach-153-94-2734H-10, Sanish, t5/19; no production data; the Bohmbach wells are some huge wells and are tracked here;

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