Wednesday, April 15, 2020

BR With Five Permits; WTI: $20.36; OPEC Basket: $16.85 -- April 15, 2020

OPEC Basket: I don't follow "OPEC Basket" but this certainly caught my attention. From OPEC's own site:
Introduced on 16 June 2005, the "OPEC Basket" is currently made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). 
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Back to the Bakken

Active rigs:

$20.364/15/202004/15/201904/15/201804/15/201704/15/2016
Active Rigs3564615129

Five new permits, #37516 - #37520, inclusive --
  • Operator: BR
  • Field: Elidah (McKenzie)
  • Comments:
    • BR has permits for a 5-well Mazam pad in SESE section 21-152-97, Elidah oil field;
    • one producing Mazama well in that drilling unit:
      • 19690, 2,884, BR, Mazam 44-21H,  19 stages; 3 million lbs; Elidah, t7/11; cum 424K 2/20; 
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The Mazama Wells


The wells:
  • 37520, conf, BR, Mazama 2C UTFH, Elidah,
  • 37519, conf, BR, Mazama 2B MBH, Elidah,
  • 37518, conf, BR, Mazama 2A UTFH, Elidah,
  • 37517, conf, BR, Mazama 1D MBH, Elidah,
  • 37516, conf, BR, Mazama 4A, UTFH, Elidah,
  • 19690, 2,884, BR, Mazam 44-21H,  19 stages; 3 million lbs; Elidah, t7/11; cum 424K 2/20;

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