A big thank you to "Rory" for providing this list of wells on the confidential list in North Dakota.
Each horizontal well represents about $7 million. This is a huge cash flow issue for these companies.
Earlier this week (week of April 20):
CONTINENTAL RESOURCES, INC. 132
XTO ENERGY INC. 87
HESS CORPORATION 71
PETRO-HUNT, L.L.C. 62
BURLINGTON RESOURCES OIL & GAS COMPANY LP 58
BRIGHAM OIL & GAS, L.P. 54
MARATHON OIL COMPANY 53
SLAWSON EXPLORATION COMPANY, INC. 45
NEWFIELD PRODUCTION COMPANY 43
EOG RESOURCES, INC. 39
DENBURY ONSHORE, LLC 35
ZENERGY, INC 34
ZAVANNA, LLC 29
ZENERGY OPERATING COMPANY, LLC 28
KODIAK OIL & GAS (USA) INC. 27
SM ENERGY COMPANY 27
WHITING OIL AND GAS CORPORATION 26
AMERICAN OIL & GAS, INC. 23
HUNT OIL COMPANY 22
NORTH PLAINS ENERGY, LLC 20
SAMSON RESOURCES COMPANY 19
FIDELITY EXPLORATION & PRODUCTION COMPANY 17
PEAK NORTH DAKOTA, LLC 17
QEP ENERGY COMPANY 17
ANSCHUTZ EXPLORATION CORPORATION 14
OXY USA INC. 14
CORNERSTONE NATURAL RESOURCES LLC 11
OASIS PETROLEUM NORTH AMERICA LLC 11
BAYTEX ENERGY USA LTD 9
ENERPLUS RESOURCES USA CORPORATION 9
HELIS OIL & GAS COMPANY, L.L.C. 9
TEXAKOTA, INC. 9
G3 OPERATING, LLC 8
LEGACY OIL & GAS ND, INC. 7
BTA OIL PRODUCERS, LLC 6
PRIMA EXPLORATION, INC. 6
SINCLAIR OIL AND GAS COMPANY 6
WARD-WILLISTON COMPANY 6
FRAM OPERATING LLC 5
MUREX PETROLEUM CORPORATION 5
SUMMIT RESOURCES, INC. 4
BALLANTYNE OIL, LLC 3
CRESCENT POINT ENERGY U.S. CORP. 3
OIL FOR AMERICA EXPLORATION, LLC 3
URSA RESOURCES GROUP LLC 3
ABRAXAS PETROLEUM CORP. 2
ARSENAL ENERGY USA INC. 2
SHD OIL & GAS, LLC 2
TRUE OIL LLC 2
WESCO OPERATING, INC. 2
AMERADA HESS CORPORATION 1
ARMSTRONG OPERATING, INC. 1
BEHM ENERGY, INC. 1
BERENERGY CORPORATION 1
CORE 54 OIL AND GAS, LLC 1
DAKOTA MINERALS, LLC 1
DAKOTA SALTS, LLC 1
FLATIRONS RESOURCES LLC 1
GADECO, LLC 1
HALEK OPERATING ND LLC 1
PETRO HARVESTER OPERATING COMPANY, LLC 1
PRIDE ENERGY, AN OKLAHOMA GENERAL PARTNERSHIP 1
REEDER OPERATING, LLC 1
RENEGADE PETROLEUM (NORTH DAKOTA) LTD. 1
RYAN EXPLORATION, INC. 1
SAGEBRUSH RESOURCES, LLC 1
SBG TIOGA FACILITY LLC 1
ZARGON OIL (ND) INC. 1
Grand Total 1164
one comment on this great list is, with a drilling plan as large as ( CLR ) Continental resources, has going, and 22 rigs working in ND,. The 22 ( or more ) wells with the Eco pad . being drilled now are also on this confidential list..
ReplyDeleteWhen Eco-Pads were first being discussed, I believe they were only looking at the cost related to the rig (less costs in movement) and time (less time between wells). I don't recall them talking about simul-fracking at the time, but that is obviously another benefit. I don't think folks were thinking about the queue for fracking. If they simul-frack, that's one more time-savings and cost-savings benefit.
ReplyDeleteCLR has stated in more than several Conference Calls a 10 % savings per well by using the eco pad. So when you have 3 or 4 rigs drilling on the Eco-pad concept , you are talking real savings in a year or 2.
ReplyDelete