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Tuesday, October 4, 2011

Fourteen (14) New Permits -- 1 Out of 7 Wells Fracked "On Time" -- Bakken, North Dakota, USA

Daily activity report, October 4, 2011 --

Operators: OXY USA (3), Triangle, Hess (2), Cornerstone, CLR (3), Oasis, Hunt, Crescent Point, North Plains,

Fields: Ellsworth, Little Knife, Murphy Creek, Flaxton, Hanson, Oliver, Camp, Willmen, Mountrail, Corinth, and Banks.

Crescent Energy has a wildcat in Williams County. CLR has a wildcat in Williams, also.

OXY USA has permits for a two-well pad.

Seven wells came off the confidential list today. Only one was completed, and not a surprise: Whiting. Whiting and BEXP seem to be about the only ones who are getting their wells fracked within the six-month window. I remember all the comments by CEOs at the 2Q11 earnings conference calls: we'll be caught up with fracking by November. I blogged at the time that the numbers didn't add up.

Eight new wells were reported to have reached total depth and are plugged or producing (in the Bakken: they are "all" producing): Oasis reported seven of those eight wells.

Oasis, by the way, has a very good reputation in Williams County. Nine permits were renewed, one of the larger numbers of renewals I've seen in awhile.

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