Friday, September 24, 2021

Active Rigs In North Dakota -- Anticipation -- September 24, 2021

From a reader, the following will be added to the post were I now follow active rigs in North Dakota

September 24, 2021: a reader provided additional information that can be added to previously posted information -- with these additions, one could argue that the number of active rigs in North Dakota might trend toward 40 in early 2022; drillers drill throughout the year in North Dakota, but due to severe winters, some of this could be delayed to 2Q22. Fracking really slows down in the first quarter due to weather. 

  • Crescent Point has B21 running now. 
  • Oasis has picked up B26 from Liberty. 
  • Hess: rumors that it will be picking up X25 in beginning of 22; 
  • Greyson Mill will start a drilling program in 22 (rumor from reader, "I have heard...". 
  • Whiting to add 1,
  • Ovintiv possibly add 1, 
  • Iron Oil and Gas add 1,
  • Koda Resources to add 1 rig for a 4-hole pad,
  • Continental to add 1 more,,
  • Sinclair to add 1 rig for a single well. 
  • Reader "wouldn’t be surprised if the operators that add continue extending contract term length as oil prices stay above $65." 
I "predicted" CLR, Whiting might add a rig; that CPEUSC would have a rig (apparently they do). I forgot about Koda Resources and Iron Oil and Gas. I actually thought about Iron Oil and Gas last night -- this is nice to see.

4 comments:

  1. Kraken operating ? I'd sure like to figure out what they have planned for the rainbow township Bruce ?

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    Replies
    1. I track the "Rainbow" here: http://themilliondollarway.blogspot.com/2018/10/the-rainbow-oil-field.html.

      With the NDIC not updating scout tickets, the GIS map server, etc., it's hard to anticipate or even follow events in the Bakken.

      Having said that, I don't recall much in the way of the "Rainbow" with regard to new "Rainbow" cases in the "hearing dockets" in the past year or so, and nothing in the daily activity reports with regard to new permits.

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  2. Replies
    1. Don't thank me. I need to "thank you." You are providing more information on active rigs than NDIC right now. I am convinced readers really, really appreciate this.

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