Twenty-Four (24) New Permits; One-Day Record? Twenty-Nine (29) Wells Coming Off Confidential List Thursday; Twenty-Two (22) Are Oasis Wells -- January 7, 2015

Updates

January 7, 2015: with regard to Armstrong Operating's First Creek well (see below, #28376):

The Armstrong well that is coming off confidential status on Thursday was a dry hole, and was plugged by the drilling rig. The seismographs for that spot showed a pool of fluid in the Tyler formation, but when they drilled into the pool it turned out to be 100% water. No oil at all. 

This does not surprise me; depressing and distressing, but does not surprise me. See "well search" at NDIC website for more about Armstrong Operating wells and permits. 

Original Post

CLR's January, 2015, presentation (a dynamic link).

Remember: NDIC issues permits based on reasonable likelihood that operators will drill the well.

Wells coming off confidential list Thursday (if this is not a one-day record, it is among the top five or ten):

• 24774, 823, Oasis, Marlene 5501 14-1T, Cow Creek, t7/14; cum 27K 11/14;
• 24775, 1,304, Oasis, Herb 5501 14-1B, Cow Creek, t7/14; cum 23K 11/14;
• 26458, 1,374, EOG, Wayzetta 45-0311H, Parshall, Bakken NOS, 1920 acres, geologist's narrative and frack data N/A, t6/14; cum 217K 11/14;
• 26899, 369, Oasis, Delta 6093 24-15 ST, Gros Ventre, t9/14; cum 17K 11/14;
• 26994, 586, Oasis, Emerald 5603 43-10 2B, Bull Butte, t10/14; cum 9K 11/14;
• 26995, 701, Oasis, Ross 5603 43-10 2B, Bull Butte, t10/14; cum 10K 11/14;
• 27011, 162, Oasis, State 5792 31-15 6T2, Cottonwood, a T2 well, not particularly noteworthy, t8/14; cum 6K 11/14;
• 27012, 177, Oasis, State 5792 31-15 5T, Cottonwood, a big well for Cottonwood, T1, t8/14; cum 15K 11/14;
• 27108, 1,469, Oasis, Hagen Banks 5298 42 31 8B, Banks, t8/14; cum 70K 11/14;
• 27111, 1,071, Oasis, Hagen Banks 5298 42-31 5B, Banks, t7/14; cum 92K 11/14;
• 27223, 1,030, Oasis, Mallard 5692 31-22 8B,  Alger, erratic production, t8/14; cum 32K 11/14;
• 27224, drl, Oasis, Mallard 5692 31-22 11T2, Alger, producing,
• 27463, 147, Oasis, Shaw 6092 11-236B, Cottonwood, t10/14; cum 9K 11/14;
• 27464, 103, Oasis, Shaw 6092 11-23 5T2, Cottonwood, a T2 well, t10/14; cum 6K 11/14;
• 27598, 1,158, Oasis, Oasis Meiers 5692 43-18 4T2, Alger, a T2 well, t8/14; cum 8K 11/14;
• 27599, 1,754, Oasis, Oasis Meiers 5692 43-18 8B, Alger, t8/14; cum 32K 11/14;
• 27602, 1,677, Oasis, Oasis Meiers 5692 43-18 5B, Alger, t7/14; cum 63K 11/14;
• 27614, drl, Oasis, Andre Shepherd 5501 31-8 7T, Missouri Ridge, no production data,
• 27641, 1,488, Oasis, Holmes 5501 11-5 3B, Tyrone, a big well for the Tyrone, t11/14; cum 5K 11/14;
• 27678, 355, Oasis, Delta 6093 44-15 7B, Gros Ventre, t8/14; cum 26K 11/14;
• 28019, conf, QEP, Moberg 4-20-21BH, Grail, producing,
• 28145, 410, Oasis, Delta 6093 44-15 6T, Gros Ventre, t9/14; cum 30K 11/14;
• 28252, DRY, Oasis, Chalmers Wade Federal 5300 44-24 12TX, Baker, surface casing problems; plugged;
• 28273, 2,445, BR, Copper Draw 11-27MBH, Johnson Corner, 4 sections, t10/14; cum 4K 11/14;
• 28310, 48, Enduro, MRPSU 19-41, Mouse River Park, a Madison well, t8/14; cum --
• 28342, drl, Oasis, Chalmers 5301 44-24 2TR, Baker, no production data,
• 28376, drl, Armstrong Operating, First Creek 1, a Tyler well, wildcat, no production data, two miles directly north of Amidon (12-153-101) where Tyler wells are being drilled; about 8 miles southwest of Rocky Ridge where Tyler wells are being drilled.
• 28606, 637, Newfield, Gariety 150-99-36-25-11H, Siverston, t10/14; cum 24K 11/14;
• 28666, conf, QEP, Johnson 4-9-4BH, Grail, no production data,

By the way, what jumps out at you when you look at that list of 29 new permits? Two things should immediately catch your eye(s).

Disclaimer: my comments about these wells are based on very little production data. I make these comments simply for my own benefit to help me better understand the Bakken. My comments do not reflect at all how I think these wells will do long term. The qualitative adjectives are for my use only. If asked to comment on them, I will comment, "no comment."

26458, see above, EOG, Wayzetta 45-0311H, Parshall:

Date	Oil Runs	MCF Sold
11-2014	25719	9682
10-2014	38324	9982
9-2014	40065	5226
8-2014	42294	5134
7-2014	32508	3467

Wells coming off confidential list today have been posted, see sidebar at the right.

Twenty-four (24) new permits:

• Operators: Slawson (6), Hess (6), SM Energy (5), Hunt (2), QEP (2), XTO, Samson Resources, Enduro
• Fields: Big Bend (Mountrail), Westberg (McKenzie), West Ambrose (Divide), Parshall (Mountrail), Croff (McKenzie), Lindahl (Williams), Ambrose (Divide), Newburg (Bottineau)
• Comments: additional tracking of permits at this page; something else to note -- some of these areas are not immediately thought of as "sweet spots in the Bakken";

Five (5) producing wells completed:

• 26758, 459, Hess, GN-Stundal-158-97-1819H-1, New Home, t12/14; cum --
• 27573, 837, Hess, EN-Jeffrey A-155-94-2734H-8, Alkali Creek, 4 sections, t12/14; cum --
• 27642, 634, Oasis, Holmes 5501 11-5 2T, Tyrone, t12/14; cum --
• 27653, 1,085, Oasis, Clear Creek, 4 sections, t12/14; cum --
• 27795, 910, Hess, Antelope, a Sanish target, t12/14; cum --

Active rigs:

	1/7/2015	01/07/2014	01/07/2013	01/07/2012	01/07/2011
Active Rigs	166	189	180	200	163