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Monday, February 7, 2011

North Dakota Is On Track for 1,800 New Permits in Calendar Year 2011

It's really, really early in the year, but just out of curiosity, I looked at the number of  new permits by producer.

As of today, 189 new permits have been issue in North Dakota. Again, it's way too early in the calendar year to be extrapolating, but 189 new permits puts "us" on track for 1,815 new permits this year, well ahead of last year. The NDIC issued 1680 permits last year (2010).

So, who has been active with new permits?
  • WLL: 24
  • EOG: 17
  • Petro-Hunt: 11
  • Hess: 10
  • OXY: 7
  • CLR: 6 (along with many other companies with 3 - 6 new permits this year).
I have said numerous times, I am really impressed with what WLL seems to be doing. It almost looks like Whiting has two divisions in North Dakota: the north (or Sanish) division, and the south, or the Three Forks division.

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