MDU/Fidelity Sells 81 Gross Wells, 4,363 Acres To Lime Rock; Sixteen (16) New Permits; Sixteen (16) Producing Wells Completed; Two New Operators In North Dakota -- February 2, 2015

MDU sale of assets to Lime Rock: Fidelity Exploration transferred about 81 gross wells, of which 49 are operated by Fidelity to Lime Rock Resources III-A. All of these were in Mountrail County; 6 in Alger field, 43 in Stanley field. The sale included 4,363 acres with production of about 2,000 bopd. The earlier permit/well file number was #17359; the most recent permit/well file number was #27192. According to the NDIC, Lime Rock has 51 wells/permits, so this is a new operator in North Dakota, also. Or it appears to be a new operator. If this is their website, the company previously had three core areas, all outside of the Bakken (mid-continent -- Louisiana, Arkansas, Mississippi); the Permian Basin; and, the Texas Gulf Coast). If this is the right company, this is their first property in the Bakken. [Update: Don sent me the link to the original press release which provides more background information: http://www.mdu.com/news/2014/07/21/mdu-resources-announces-sale-of-certain-mountrail-county-north-dakota-production-assets.]

Update: Don sent me an update on Lime Rock's production, comparing December, 2014, and January 2015, production from 49 operated wells:

• in December, 2014, Lime Rock had well production 1464 days and produced 173,042 bbls of oil, and sold 118,159 Mcft of natural gas
• in January, 2015, Lime Rock had well production 1463 days, and had 169,688 bbls of oil and 117,521 mcft of natural gas
• production from non-operated wells not included

Wells coming off the confidential list Tuesday:

• 28483, drl, Hess, HA-Dahl-152-95-0706H-4, Hawkeye, no production data,
• 28484, drl, Hess, HA-Dahl-152-95-0706H-5, Hawkeye, no production data,
• 28487, drl, Hess, HA-Dahl-LW-152-95-0706H-1, Hawkeye, no production data,
• 28875, 761, WPX, Mandaree 30-31HA, Reunion Bay, t11/14; cum 8K 12/14;

Sixteen (17) new permits:Operators:

• Newfield (6), Liberty Resources (5), Crescent Point (2), Statoil (2), Whiting, Noah Energy
• Fields: Sand Creek (McKenzie), McGregor (Williams), West Ambrose (Divide), Banks (McKenzie), Bully (McKenzie), North Haas (Bottineau)
• Comments: this is the first permit for Noah Energy in North Dakota; the permit is for a well in North Haas oil field, near the Canadian border, in Bottineau County near the Renville County border

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

Active rigs:

	2/2/2015	02/02/2014	02/02/2013	02/02/2012	02/02/2011
Active Rigs	145	192	187	201	166

Three (3) permit renewals: one was a Enerplus Fool Bear permit (#20376); two were Petro-Hunt Marinenko permits (#27595 and #27596)

Sixteen (16) producing wells completed:

• 27301, 1,265, Zavanna, Husky 33-28 6H, Williston, t1/15; cum --
• 27302, 1,764, Zavanna, Husky 33-28 4TFH, Williston, t1/15; cum -- 
• 27683, 762, Hess, EN-Pederson-LW-154-94-0408H-4, Alkali creek, t1/15; cum 6K 12/14; 
• 27802, 438, Oasis, Andre HSepherd 55-1 14-7 2T, Missouri Ridge, t12/14; cum -- 
• 28097, 596, Hess, EN-Dobrovolny A-155-94-2413H-5, Manitou, t1/15; cum 4K 12/14;
• 28098, 726, Hess, EN-Dobrovolny A-155-94-2413H-6, Manitou, t1/15; cum -- 
• 28299, 1,749, XTO, Omlid 41X-13H, Siverston, t1/15; cum -- 
• 28328, 1,368, Hess, EN-Freda-154-94-2635H-7, Alkali Creek, t1/15; cum 1K 12/14;
• 28395, 969, Hess, EN-Evenson-LW-152-95-1003H-2, Antelope, 4 sections, a a Sanish well, t1/15; cum --
• 28645, 704, Whiting, Hansen 44-28-3H, Sanish, t1/15; cum --
• 28646, 1,030, Whiting, Hansen 44-28TFH, Sanish, t12/14; cum -- 
• 28647, 1,176, Whiting, Hansen 44-2H, Sanish, t1/15; cum --
• 28746, 708, EOG, Wayzetta 53-3334HX, Parshall, t12/14; cum 13K 12/14;
• 29019, 1,549, Whiting, Mrachek 21-26-3HR, Nameless, t12/14; cum -- 
• 29020, 1,617, Whiting, Mrachek 21-26H, Nameless, t1/15; cum -- 
• 29056, IA, Van Hook 25-1319H, Parshall, 1920-acre spacing; status date 11/14; apparently reached total depth; not sure why shut in; no evidence of being tracked;

Statoil re-surveyed locations for three Panzer wells in Mountrail County (#30454-30456)

Fourteen (14) more wells either plugged or producing.