Ten (10) New Permits -- An Incredible Report -- The Bakken, North Dakota, USA

Daily activity report, January 25, 2012 --

Operators: Petro-Hunt (2), Zenergy (2), G3 Operating (2), Liberty Resources, Hess, XTO, and Zavanna

Fields: East Fork, Murphy Creek, Blue Buttes, McGregory Buttes, Foreman Butte, Painted Woods, and Rosebud

G3 has two wildcats in Williams County.

Eight wells came off the confidential list; five were fracked.

Sixteen (16) wells were reported as plugged or producing, probably one of the longest lists in quite some time.

In addition, ten (10) more wells on DRL status reported IPs. All in all, an incredible report, including:

• 20160, 2,173, BEXP, Field 18-19 3H, Williams County
• 20845, 2,151, BEXP, Art 6-7 1H, Williams County

Hess reported some nice wells, as did CLR. They will be reported elsewhere.

But this was truly an incredible report, and typical of those going forward, I think. To recap:

• 10 new permits
• 8 wells came off the confidential list
• 16 wells reported as plugged or producing
• 10 wells on DRL status now completed and reporting IPs

That is a huge amount of activity by any standards.

Oh, by the way, "we" are back to 204 active rigs in North Dakota, tying the all-time high record.