Wells Coming Off The Confidential List Over the Weekend, Monday

Note Fidelity's  Sanish well and 4-section spacing; it's a relatively short lateral; really only one section-long lateral but with the spacing, mineral owners in four sections will share royalties.

Active rigs: 187 (nice)

Monday, March 25, 2013

• 22285, 1,329, Whiting, Buckman 44-9PH, Bell, t9/12; cum 37K 1/13;
• 22286, 1,669, Whiting, Buckman 34-9PH, Bell, t9/12; cum 56K 1/13;
• 22508, 291, Hunt, Bear Butte 1-5-8H, Bear Butte, t2/13; cum --
• 23259, drl, KOG, Grizzly 146-99-3-3-10-13H3, Ranch Creek,
• 23451, drl, WPX, Dancing Bull 16-21HC, Van Hook,
• 23573, drl, Hess, AN-Bohmbach 153-94-2734H-5, Antelope,
• 23762, 1,246, XTO, Nelson State 24X-33A, Indian Hill, t2/13; cum --

Sunday, March 24, 2013

• 22520, 1,235, SM Energy, Anderson Federal 16-15H, Croff, t12/12; cum 45K 1/13;
• 23147, 676, Fidelity, EHB 19-30-29H, Sanish, 4 sections; t9/12; cum 35K 1/13;
• 23177, 648, Enerplus, Coyote 151-94-33DH TF, Antelope, t1/13; cum 15K 1/13;
• 23373, 1,833, KOG, P State 154-97-3-16-21-14H3, Truax, t12/12; cum 21K 1/13;
• 23504, 864, American Eagle, Megan 14-12-163-101, Colgan, t12/12; cum 40K 1/13;
• 23715, drl, XTO, ND State 43X-16B, Stoneview,

Saturday, March 23, 2013

• 23728, drl, CLR, Caroline 1-2H, Rosebud,
• 23761, 825, XTO, Nelsen State 24X-33F, Indian Hill, t2/13; cum --

Comments: XTO seems particularly active. For all its acreage and all its rigs, it sure doesn't seem like CLR reports many wells coming off the confidential list. None of the wells above posted any production numbers. Rosebud is a huge field southwest of Williston, north of the river.

Around The Net

Pretty much, for investors only:

• Sempra's Mexico unit surges first day after IPO; natural gas pipeline to Mexico
• AT&T blowing off the BlackBerry Z10;
• If you simply use Enterprise Value and Market Cap at ATT, one finds a 32% premium for the Enterprise Value; or you can spend hours doing the math that one contributor did over at SeekingAlpha and come up with a 29% premium. Whatever. The problem: no one is going to buy AT&T, the company.
• The other day there was an article about Phillips 66 securing a deal for oil shipping at the Berthold terminal in North Dakota; Phillips 66 is doing the same thing in the Mississippi Lime;