Monday, January 31, 2011

Twelve (12) New Permits -- North Dakota, USA

Wow, what an exciting way to end the day in the Bakken, after a heck of a lot of good news throughout the day.

Twelve (12) new permits issued in North Dakota today.

Producers: Whiting (3), Peak (2), Zavanna, EOG, Oasis, Murex, Petro-Hunt, KOG, and Samson.

Fields: Sanish, Stockyard Creek (the Zavanna permit), Antelope, Thompson Lake, Bicentennial, Glass Bluff, Clear Creek, Poe, Baukol Noonan and one wildcat.

The wildcat is Oasis #20380 in McKenzie County; it's in a pretty inactive area about 12 miles west of Alexander, and just east of the river. Although it is in a relatively inactive area now, this area just to the east was very, very active just prior to the current boom which began in 2007 in North Dakota.

In addition 13 wells came off the confidential list, which I have already posted on "New Wells Reporting - 1Q10."

By the way, I've updated the information regarding the huge (?) Sagebrush Madison well in Renville field.

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