Dockets and Permits

Permits on yesterday's daily activity report:

• Hess to drill three wells on one pad, Mountrail County, Big Butte oil field
• Wesco has another permit, Golden Valley, Bicentennial

Dockets for July have been posted by NDIC: July 28 and 29

• I will summarize the dockets but it will take awhile since I am traveling
• It's another big month: 21 pages on July 28 and 13 pages on July 29

Producers

• Again, the NDIC reported no new producers yesterday
• Is it just me, or does there seem to be a disconnect between all the drilling and NDIC reporting results?

For newbies, the blurb above about Hess drilling three wells on one pad is not news. Many producers have been doing this for the past year or so, but it is of interest to some folks. One thing that may be new is that more and more of the spacing is 2560 acre. Historically, 640-acre spacing was the rule, then it went to 1280. In fact, it's my understanding that producers no longer need permission to convert from 640-acre spacing to 1280-acre spacing. They do need permission to create 2560-acre spaced units.