Wednesday, September 5, 2012

Daily Activity Report for Tuesday, September 4, 2012

Ten (10) new permits:

  • Operators: XTO (5), Whiting (2), OXY (2), CLR
  • Fields:  Murphy Creek (Dunn), Sanish (Mountrail), Heart Butte (Dunn), New Home (Williams)

It looks like XTO has permits for a 5-well pad in Heart Butte.

Wells coming off confidential list were reported earlier.

In addition, one producing well was completed:

  • 22338, 2,425, KOG, Thomas 154-98-15-33-28-1H3, Truax
Random thought: someone suggested this the other day. XTO and KOG are operating in North Dakota very, very close to each other. I cannot think that XTO is not looking at KOG acreage; and ...

... some years ago, someone told me everyone/every thing has a price. 

Actually, go to the Heart Butte link and look at the 2012 permits that have been posted so far: QEP, XTO, WPX.  And that's where KOG has some of its best wells. QEP, WPX, KOG, and XTO. Wow, what a neighborhood. 

2 comments:

  1. Hi Bruce I am resending this in case first one didnt go through maybe you can tell me what this means

    Proper spacing for the development of the Cabernet-Bakken Pool, Dunn
    County, ND, redefine the field limits, and enact such special field rules as
    may be necessary. Burlington Resources Oil & Gas Co. LP; Continental
    Resources, Inc.; OXY USA Inc.; Slawson Exploration Co., Inc. Thanks Bruce

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  2. You would have to listen to the case itself to get the specifics, but this is how I interpret these type of cases.

    The first part is easy: "proper spacing." If a well is drilled where spacing has not been set, then the operator comes to the NDIC with a recommendation for spacing of the well based on results of the well. In the Bakken, it's now generally going to be 1280-acre spacing. Since they are talking about "development" of the field (in a field which should already have spacing delineated), it's possible they are going to request different spacing for infill wells. For mineral rights owners, this is important.

    "Redefine field limits and enact such special field rules as may be necessary": I assume they are talking about such things as setback rules (set back from the section lines).

    For the mineral owners (and the operators) these are important requests/changes. Since I don't own any minerals, I haven't followed these cases. The folks over at the Bakken Shale Discussion Group might have more information; the "Mineral Rights" tab at the top of the blog will take you to discussion groups where these issues might be followed.

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