Oasis To Report Eight (8) Wells Thursday -- November 12, 2014

For newbies: "everybody" expects the rig count in North Dakota to start dropping, but the drop in the past couple of days could certainly be due to the predicted polar vortex as much as anything else. I think the rig count could be very, very volatile from this point on, until next summer, after the spring road conditions are lifted, and after the dust has settled with regard to the current slump in oil prices (which may continue for quite some time).

Active rigs:

	11/12/2014	11/12/2013	11/12/2012	11/12/2011	11/12/2010
Active Rigs	187	181	191	201	158

Wells coming off confidential list Thursday:

• 26505, 455, Oasis, Hendricks 5602 43-36 5B, Tyrone, t5/14; cum 29K 9/14;
• 26715, 1,725, Emerald, Pirate 2-2-11H, Foreman Butte, t5/14; cum 53K 9/14;
• 26950, drl, CLR, Oakdale 3-13H, Jim Creek, no production data,
• 27014, 294, Oasis, State 5792 31-15 3B, Cottonwood, t9/14; cum 11K 9/14;
• 27112, 506, Oasis, Hagen Banks 5298 42-31 4T2, Banks, t/714; cum 56K 9/14;
• 27157, drl, Oasis, Delta 6093 24-15 4T2, Gros Ventre, producing,
• 27222, 1,386, Oasis, Mallard 5692 31-22 7T, Alger, t8/14; cum 23K 9/14;
• 27466, 177, Oasis, Shaw 6092 11-23 3B, Cottonwood, t9/14; cum 2K 9/14;
• 27615, drl, Oasis, Andre Shepherd 55-1 31-8 8T, Missouri Ridge, no production data,
• 27642, drl, Oasis, Holmes 5501 11-5 2T, Tyrone, no production data,
• 27799, drl, Hess, HA-Mogen-152-95-0805H-7, Hawekey, no production data,
• 28210, 77, Legacy, Legacy Et Al Berge 12-6H, Red Rock, a Spearfish well, t6/14; cum 3K 9/14;

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27112, see above, Oasis, Hagen Banks 5298 42-31 4T2, Banks:

Date	Oil Runs	MCF Sold
9-2014	3541	0
8-2014	41388	45
7-2014	11385	0

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Five (5) new permits --

• Operators: American Eagle (2), Slawson (2), XTO
• Fields: Skjermo (Divide), Big Bend (Mountrail), Indian Hill (McKenzie)
• Comments:

There were ten (10) well name changes:

• Oasis will drill a Three Forks well instead of a middle Bakken well (#21371)
• OXY USA: cancels five (5) wells; I don't know if this had been previously reported (#23171, #23687, #23819, #24125, and #24151). One was in Stark County; the other four in Dunn County. It's possible these permits were canceled for any number of reasons; it is not necessarily uncommon to see canceled permits, but one does see canceled permits when an operator sells leaseholds.
• The others seemed to be minor changes.