Eight (8) New Permits; Active Rigs Dropping; BEXP With Some Nice Wells In Both The Three Forks and the Middle Bakken Near Williston

Bakken Operations

Active rigs: 181 (significant drop; this is a post-high low; the previous low was 182 set back in October, 2012; some time ago it was suggested that "we" would see 175 rigs)

Eight (8) new permits --

• Operators: BEXP (3), MRO (2), XTO, SM Energy, North Plains
• Fields: Smoky Butte (Divide), Wolf Bay (Dunn), Poe (McKenzie), Colgan (Divide), Briar Creek (Williams)
• Comments: --

Wells coming off the confidential list:

• 21210, 1,650, Whiting, Johnson 34-33H, McKenzie,
• 22762, 599, CLR, Jefferson 2-17H, Williams,

Producing wells completed:

• 23398, 673, Liberty Resources, Lassey 152-103-22-15-1H, Glass Bluff, t10/12; cum --
• 23510, A, Whiting, Brueni 11-28PH, Green River, t10/12; said to be flowing; no IP provided; spudded August 25, 2012; total depth of 20,000 feet on September 6, 2012 (12 days); Three Forks; Green River is part of Whiting's Pronghorn Sand prospect;
• 23149, 1,568, Whiting, Fladeland 11-1H, Sanish, 18 days to total depth; 5' flares; no frack data yet; t10/12; cum --
• 23237, 523, Whiting, Britany TTT 13-26TFH,  Sanish, t10/12; cum --
• 23236, 1,662, Whiting,  Matt TTT 13-26H, Sanish, t10/12; cum --
• 22623, 2,766, BEXP, Heen 26-35 3TFH, Todd; t10/12; cum --; 25 days to reach total depth; a long lateral; background gas approached 1,500 units; a Three Forks well;
• 22057, 2,561, BEXP, Wagenman 29-32 1H, Todd, t9/12; cum 5K 9/12;