Number Of Wells Going To DRL Status Might Be Setting Some Sort Of Record

Wow, this is quite remarkable.

Wells coming off the confidential list have been posted.

Eighteen wells came off the list over the weekend and today. Several (I believe four) went from confidential back to "loc" although it appears they are all on "drl" status. I could be wrong on that.

Definitely, of the 18 wells that came off the confidential list, only 7 reported an IP. All of the rest went to DRL status (though one was said to be LOC and DRL not mentioned).

But 10/17 went to DRL status. It was the wettest spring on record this year and that put everyone behind on fracking. Not only does it put folks behind on fracking simply because of weather delays, but the schedule gets really screwed up, compounding matters.

Some other observations:

• OXY USA has another OXY USA well -- a lot of story lines there
• KOG has another very nice well; say what you want about IPs, they are what they are
• the North Dakota Spearfish wells continue to look promising