Wednesday, August 7, 2019

Enerplus And WPX Each With Three New Permits -- August 7, 2019

Oil plunges another 5%: WTI at $51.09, after falling 4.74%, falling $2.54 to $51.09.


Active rigs:

$51.098/7/201908/07/201808/07/201708/07/201608/07/2015
Active Rigs6066593473

Six new permits, #36819 - #36824, inclusive:
  • Operators: WPX (3): Enerplus (3)
  • Fields: Squaw Creek, McGregory Buttes
  • Comments: 
    • WPX has permits for a 3-well Omaha Woman pad in section 25-149-95, Squaw Creek;
    • Enerplus has permits for 3-well "Musical" pad in section 18-148-93, McGregory Buttes;
One permit canceled:
  • XTO: a Teddy Federal permit in Dunn County
Six permits renewed:
  • EOG (3): two Burke permits, in Mountrail County; a Wayzetta permit in Mountrail County, also
  • Petro-Hunt: two Noonan Federal permits in McKenzie County
  • North Range Resources: a Placid permit in McKenzie County
  • Denbury Onshore: a CHSU ML24 permit in Bowman County
Nine producing wells (DUCs) reported as completed:
  • 35319, 5,922, MRO, Sears USA 21-16TFH, Reunion Bay, t6/19; cum 72K in 29 days;
  • 35320, 7,811, MRO, Reyes USA 21-16H, Reunion Bay, t6/19; cum 82K in 30 days;
  • 35318, 5,615, MRO, Gartland USA 31-16H, Reunion Bay, t6/19; cum 68K in 25 days;
  • 35321, 3,448, MRO, Flynn USA 21-16TFH, Reunion Bay, t6/19; cum 44K in 29 days;
  • 30029, 3,969, Hess, BB-Federal-151-95-0817H-4, Blue Buttes, t6/19; 40K in 24 days;
  • 30027, 3,957, Hess, BB-Federal-151-95-0817H-6, Blue Buttes, t6/19; 51K in 29 days;
  • 30028, 3,724, Hess, BB-Federal-151-95-0817H-5, Blue Buttes, t6/19; 23K in 25 days;
  • 30030, 3,609, Hess, BB-Federal-151-95-0817H-3, Blue Buttes, t6/19; 22K in 17 days;
  • 30031, 3,189, Hess, BB-Federal-151-95-0817H-2, Blue Buttes, t6/19; 27K in 215 days;
Note: record IPs are tracked at this post.

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