NDARC At 14; WTI Continues To Rise -- May 18, 2020

Active rigs:

$32.74	5/18/2020	05/18/2019	05/18/2018	05/18/2017	05/18/2016
Active Rigs	14	66	61	52	26

One new permit, #37582 --

• Operator: Rimrock Oil & Gas
• Field: Twin Buttes (Dunn County)
• Comments:
• Rimrock has a permit for a Charging Eagle well in SWSW 21-147-92, Twin Buttes oil field;

Three permits renewed:

• BR: three Patton permits in Dunn County

Four producing wells (DUCs) reported as completed:

• 34829, drl/A, Hess, HA-Nelson A-LE-152-95-3427H-1, Hawkeye, t--; cum 35K over 31 days; 17,034 bbls over 6 days extrapolates to 85,170 bbls over 30 days; see below; see also this note;
• 36505, drl/A, WPX, Blue Racer 14-11HZ, Squaw Creek, t--; cum 45K over 29 days; see below;
• 35031, SI/A, XTO, FBIR Youngbear 31X-9BXC, Heart Butte,t--; cum 52K 3/20; see below;
• 36590, drl/A, Rimrock, Skunk Creek 8-2-3-4H, South Fork, t--; cum 10K over 30 days;

Early production data for DUCs reported above:

• 36505:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2020	29	45011	44783	34565	54823	20697	29158

• 35031:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2020	31	13428	13401	31655	8529	8492	0
BAKKEN	2-2020	26	11638	11700	26794	6944	6912	0
BAKKEN	1-2020	30	12451	12346	30704	6609	3744	2819
BAKKEN	12-2019	19	13270	13030	30155	6375	5056	1292
BAKKEN	11-2019	0	0	0	0	0	0	0
BAKKEN	10-2019	0	0	834	0	0	0	0
BAKKEN	9-2019	2	834	0	1700	389	0	389
BAKKEN	5-2019	0	0	0	0	0	0	0

• 34829: 17,034 bbls over 6 days extrapolates to 85,170 bbls over 30 days --

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2020	31	35043	35329	15426	53306	23082	30224
BAKKEN	2-2020	6	17034	16326	4089	30343	1	30342