Nine (9) New Permits -- The Williston Basin, North Dakota, USA

Daily activity report, June 19, 2012--

• Operators: Hess (3), Fidelity (2), Enerplus (2), CLR (2)
• Fields: Antelope (McKenzie), Spotted Horn (McKenzie), Dutch Henry Butte (Stark), East Fork (Williams), Truax (Williams), Dickinson (Stark)

Fidelity has two permits in the Whiting Pronghorn Prospect area (Dutch Henry Butte) and the very interesting Dickinson field, southwest North Dakota.

Wells released from "tight hole" status:

• 21317, 880, Fidelity, Laci 21-28-27H, Sanish, t3/12; cum 51K 4/12;4-section (2560-acre) spacing
• 21324, 720, Denbury Onshore, Olson 34-19SWH Arnegard field, t3/12; cum 7K 4/12;
• 21710, drl, BEXP, Rich 30-31 1H, Todd, s12/11;
• 21872, 526, CLR, Bondevik 1-14H, Wildrose, t4/12; cum 12K 4/12;
• 21939, 370, G3 Operating, Pasternak 1-32-29H, Climax, t3/12; cum 5K 4/12;

We'll see later how accurate this is.

It will be interesting to see where the horizontal for the Laci well runs; the spacing unit is 2560-acres, sections 27, 28, 21, and 22, where there are already 7 other wells, all 640-acre spacing, I believe.

Production for Laci, 21317:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2012	30	19481	19291	2817	5	5	0
BAKKEN	3-2012	31	25190	25119	4156	2818	2818	0
BAKKEN	2-2012	7	5991	5386	1444	604	0	604

It was always my impression that BEXP got their wells completed by the date the wells came off the confidential list, but it seems the new normal is for BEPX wells to go to DRL status, although they are not there very long.