7/10 Of New Wells To DRL Status; Twenty-Two (22) Permits Canceled; Fourteen (14) New Permits -- North Dakota, USA -- December 11, 2014; Buffett Finally Sells More Of His COP

Twenty-two (22) permits canceled -- these are relatively recent permits; suggests that cancellations are due to slump in oil prices:

Legacy (1), EOG (1, Burke), Ballantye (1), Whiting (2, Mountrail, Billings), WPX (1, Mountrail),  Petro Harvester (3, Burke), Fram Operating (Renville), PetroHunt (1, Billings), Statoil (1, McKenzie), OXY USA (1, Dunn), Thunderbird (1, McKenzie), Samson Resources (1, Divide), True Oil (5, McKenzie), Corinthian (1, Bottineau), QEP (1, Dunn - Heart Butte)

Three (3) producing wells completed:

• 24916, 819, Petro-Hunt, State of North Dakota154-99-16B-3H, Stockyard Creek, t11/14; cum 7K 10/14;
• 26937, 768, Hess, SC-Norma-154-98-0706H-4, Truax, t11/14; cum --
• 28067, 669, Hess, EN-State C-156-93-1615H-9, Alger, t11/14; cum -- 

Two temporarily abandoned:

• 09749, TA, OXY Little Knife, LLC, Loh "A", Little Knife, a Madison well, hasn't produced since 8/13; t11/82; cum 254K 10/14;
• 25372, TA, OXY USA, George Palmer 1-11-141-94, wildcat, Stonewall/Siluirian/Precambian; it's an exploratory well; in the future will test Upper Interlake, Red River, and "possibly other zones"; located in southwest North Dakota, near Murphy Creek, 14 miles northeast of Dickinson; application permit suggest Red River as the target; s6/13;

Wells coming off confidential list Friday:

• 23271, 673, CLR, Yvette1-4H, St Demetrius, t9/14; cum 19K 10/14;
• 25588, drl, Whiting, Moccasin Creek 14-33-28-4H3, Moccasin Creek, no production data,
• 26066, drl, XTO, Arley 21X-18F, Grinnell, no production data,
• 26273, drl, CLR, Rehak Federal 6-25H1, Alkali Creek, no production data,
• 27282, drl, Petro-Hunt, Brenna 152-96-22D-14-1HS, Clear Creek, no production data,
• 27565, 738, Triangle, McCabe 150-101-24-13-3H, Rawson, t6/14; cum 47K 10/14;
• 27566, 909, Triangle, McCabe 150-101-24-13-4H, Rawson, t6/14; cum 53K 10/14;
• 27700, drl, BR, Haymaker 31-15TFH-A, Elidah, no production data,
• 27973, drl, EN-Trinity-154-93-2833H-9, Robinson Lake, no production data,
• 28201, drl, SM Energy, Dallas 2X-13H, Poe, producing, 7K in 2nd full month;

Active rigs:

	12/11/2014	12/11/2013	12/11/2012	12/11/2011	12/11/2010
Active Rigs	186	192	183	200	166

Wells coming off the confidential list today were posted earlier, see sidebar at the right.

Fourteen (14) new permits --

• Operators: EOG (5), Oasis (5), XTO (4), Petro-Hunt
• Fields: Parshall (Mountrail), Baker (McKenzie), Lindahl (Williams), Charlson (McKenzie)
• Comments:

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Buffett Finally Sells More of His COP 

Link here. Still has some. Not much.