Emerald On A Roll -- Three Permits In Montana; Oasis, Halcon, Statoil, Each Have A "High-IP" Well; Thirteen (13) Wells Coming Off Confidential List Tuesday -- October 6, 2014

Emerald Oil is on a roll. In addition to the great wells reported below, The Fairfield SunTimes is reporting that Emerald has three permits for Bakken wells in Montana.

Active rigs:

	10/6/2014	10/06/2013	10/06/2012	10/06/2011	10/06/2010
Active Rigs	191	183	190	194

Wells coming off the confidential list this weekend and Monday have been posted; see sidebar at the right.

Wells coming off the confidential list Tuesday:

• 25916, A/no IP, Fidelity, H Reid TTT 33-28H, Stanley, cum 27K 8/14;
• 26218, 1,328, Emerald Oil, Excalibur 2-25-36H, Boxcar Butte, t4/14; cum 45K 8/14;
• 26219, 1,020, Emerald Oil, Excalibur 1-25-36H, Boxcar Butte, t4/14; cum 52K 8/14;
• 26290, 1,615, Whiting, Newton Federal 42-4PH, Bell, t4/14; cum 50K 8/14;
• 26291, 1,645, Whiting, Newton 41-4PH, Bell, t4/14; cum 67K 8/14;
• 26535, drl, CLR, Jerry 7-8H, Poe, no production data,
• 26665, 1,652, Emerald Oil, Ty Webb 3-1-12H, Sheep Butte, t5/14; cum 3K 8/14;
• 26668, 485, Emerald Coil, Dean Wormer 2-33-28H, Moline, t5/14; cum 20K 8/14;
• 26669, 946, Emerald Oil, Dean Wormer 133-28H, Moline, t4/14; cum 30K 8/14;
• 26938, drl, Hess, SC-Norma-154-98-0706H-2, Truax, no production data,
• 27139, 2,156, MRO, Sloan 34-32H, Reunion Bay, middle Bakken, gas peaked at 2,000 units; 20 - 35' flare, t8/14; cum 25K 8/14;
• 27723, drl, SM Energy, Almos Farms 1-26HS, West Ambrose, no production data,
• 27812, drl, Statoil, Maston 34-27 4H, Banks, no production data,

Eleven (11) producing wells completed:

• 25534, 2,529, HRC, Fort Berthold 148-94-33C-28-3H, Eagle Nest, t9/14; cum --
• 25677, 3,576, Statoil, Lucy Hanson 15-22 6H, Catwalk, t9/14; cum --
• 26236, 640, CLR, Madison 7-28H, Dollar Joe, 4 sections, t9/14; cum --
• 26237, 601, CLR, Madison 6-28H1, Dollar Joe, 4 sections, t9/14; cum -- 
• 26298, 2,139, Oasis, Oasis Meiers 5692 44-18 3T, Alger, t8/14; cum 6K 8/14;
• 26799, 693, Hess, SC-Tom-153-98-1514H-4, Truax, t9/14; cum --
• 26863, 442, XTO, Ruby State Federal 34X-36A, Grinnell, t9/14; cum --
• 27022, 1,279, Hess, HA-Nelson A-152-95-3427H-5, Hawkeye, t9/14; cum --
• 27066, 511, Hess, EN-KMJ Uran-154-93-234H-6, Robinson Lake, t9/14; cum --
• 27090, 53 (no typo), Hess, GN-Alice-158-9-7-1324H-2, 16 days to drill, New Home, t9/14; cum 4K 7/14;
• 27461, 820, Hess, LK-Bice-147-97-1201H-7, Big Gulch, t9/14; cum 3K 8/14;

Eight (8) new permits --

• Operators: Hess (4), OXY USA (2), Oasis, Crescent Point
• Fields: South Meadow (Williams), Ray (Williams), Cabernet (Dunn), Foothills (Burke), Little Muddy (Williams)
• Comments: Does anyone know the English translation of Las Vegas? The Meadows.

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Update On The Tyler

The Bismarck Tribune is reporting that new drilling isn't telling us much about the Tyler:

Two oil wells drilled farthest into what’s considered the mature Tyler formation don’t reveal much about the formation’s oil potential.

The two Marathon Oil Co. wells — both drilled in an area east and northeast of Amidon in Slope County — have been closely watched as a harbinger for what’s to come both for the county and the formation itself.

Both were drilled horizontally as opposed to straight down vertical wells and recently came off of confidential status.

One, the Rundle Trust well, about 10 miles northeast of Amidon, had initial production of 88 barrels and in the months from March through July, produced an average of 15 barrels per day.

The second well, the Powell well, about 10 miles due east of Amidon, has been drilled, but not hydraulically fractured yet. It’s unknown whether Marathon will proceed with fracking, an expensive piece of well development, based on lackluster results from the Rundle Trust well.

See comments below with regard to the Powell and fracking, this one in particular:

If you go to www.fracfocusdata.org and search for the Powell well you can confirm that the well was fracked in early July. They used approximately 745,000 gallons of water (which is quite a bit less than any two mile long Bakken wells I can remember looking up) and, as a real rough estimate, about 775,000 pounds of sand as proppant. The Powell well was also had hydrochloric acid in the frac fluid, while the Rundle well did not. 

Maybe MRO has not "completed the well" in their opinion and that's why they can leave it on DRL status ... they had an incomplete frack? Yes, I know it's a stretch but if fracked/completed in July, then the first full month would have been August ...