Reminder for Newbies: Wells Coming Off the Confidential List -- "New Wells Reporting" -- The Bakken, North Dakota, USA

Link here.

When wells come off the confidential list, the NDIC releases the data. That data is what is posted on the "New Wells Reporting." The NDIC has apparently changed its language slightly: recently that portion of the daily activity report has been changed from "released from confidential status" to "released from tight hole status." For most of us the change in language makes very little difference.

Even if the IP is not reported at the end of six months, the well file and the production numbers (if any) are available at the end of the "confidential period" unless the company is granted another period of "tight hole" status which I have seen very, very rarely, and it did not occur immediately after the six month period. I noted it when the NDIC report said, "back on tight hole status" or something to that effect.

Due to the fracking backlog, a number of wells will not report an IP but are placed on DRL status while waiting to be completed.

When those wells are completed, the NDIC provides an update. I go back on an irregularly irregular basis and update the DRL data to the IP.

Occasionally I will add to the "new wells reporting," information that is released by a driller in a quarterly report or a press release, although I am doing that less frequently.