Thursday, July 7, 2011

Eleven (11) New Permits -- Bakken, North Dakota, USA

Daily activity report, July 7, 2011 --

Operators: Hess (3), BEXP (2), QEP, Zenergy, Marathon, XTO, Slawson, and CLR; in addition there was another CLR permit left off a daily activity report some weeks ago

Fields: Deep Water Creek Bay, Little Knife, Assiniboine, Bailey, Heart Butte, Big Bend, Hawkeye, Ray, Indian Hill, Bull Butte, and Oliver

The two BEXP permits will be wells on the same pad, Bull Butte, Williams County.

Four wells came off the confidential list but no data provided for three of them (backlog in fracking, no doubt). The fourth:
  • 19969, 356, Newfield, Larson 159-102-29-32-1H
The number of active drilling rigs dropped to a recent low today: 166.
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2 comments:

  1. AnonymousJuly 7, 2011 at 9:29 PM

    Not Bakken

    See S-3.

    http://www.chk.com/Investors/Pages/SEC.aspx

    Sandridge did something like this in the Mississippian play in OK.

    It may become common.

    This one involves one of CHK's best plays.

    anon 1

    ReplyDelete
  2. Bruce OksolJuly 7, 2011 at 10:09 PM

    If I understand the prospectus correctly, this trust is in Oklahoma and will pay out substantially all its earnings on a quarterly basis; the trust will terminate in 2031.

    ReplyDelete

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