Twenty (20) New Permits -- May 7, 2015

Active rigs:

	5/7/2015	05/07/2014	05/07/2013	05/07/2012	05/07/2011
Active Rigs	85	191	184	212	177

Twenty (20) new permits --

• Operators: BR (8), Slawson (5), XTO (4), EOG (2), CLR
• Fields: Elidah (Mckenzie), Clarks Creek (McKenzie), Lost Bridge (Dunn), Parshall (Mountrail), Jim Creek (Dunn)
• Comments: see graphic below for the 8 new BR permits

Three (3) producing wells completed:

• 27901, 857, XTO, Van Dyke Federal 44X-19B, Bear Den, t3/15; cum 4K 3/15;
• 28468, 660, Hess, EN-Rehak-155-93-0718H-7, Alger, t4/15; cum --
• 28919, 1,497, Hess, BB-Belquist-150-95-1110H-9, Blue Buttes, t4/15; cum --

Wells coming off the confidential list Friday:

• 23159, SI/NC, Triangle, State 154-102-25-36-9TFH, Rosebud, no production data,
• 27589, 1,771, Enerplus, Swallow Tail 152-94-32D-29H, Antelope, Sanish pool, Three Forks 2nd bench, 39 stages, 9.4 million lbs, t11/14; cum 161K 3/15; the scout ticket is in error;
• 28512, 994, Triangle, Britt 151-102-4-9-3H, Elk, 31 stages; 3.7 million lbs, t11/14; cum 52K 3/15;
• 28567, dry, CLR, Wiley 6 PA, Pershing, casing would not hold, (I wonder if the "PA" -- permanently abandoned is the new name of the well; the application had the name of this well as "Wiley 6-25H3")
• 29543, 132, Enduro, NSCU R-709-H2, Newburg, Spearfish/Charles, t12/14; cum 3K 3/15;

Oasis puts four wells on temporary abandon list: 29741 - 29745, State 5792 wells in Cottonwood oild field, Mountrail County. I assume the wording is similar for all four wells: the well was previously drilled to 2,208 feet. Oasis is currently evaluating the well given current economics and plans to finish drilling it in the future."

About 70 older wells were transferred from Encore Energy Partners Operating, LLC, to Vanguard Operating LLC; none were part of the current Bakken boom.

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27589, see above, Enerplus, Swallow Tail 152-94-32D-29H, Antelope:

Date	Oil Runs	MCF Sold
3-2015	32566	44898
2-2015	24448	30463
1-2015	30300	0
12-2014	36141	13396
11-2014	37315	0

 28512, see below, Triangle, Britt 151-102-4-9-3H, Elk:

Date	Oil Runs	MCF Sold
3-2015	10358	0
2-2015	10882	0
1-2015	1964	0
12-2014	12627	0
11-2014	15672	0

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The Eight (8) New BR Permits 

19883, 1,603, BR, Abercrombie 44-12H, middle Bakken, 20 stages; 3 million lbs, t7/11; cum 140K 3/15; recent production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2015	31	2193	2223	588	2213	1838	370
BAKKEN	2-2015	14	1677	1452	596	1190	787	401
BAKKEN	1-2015	0	0	0	0	0	0	0
BAKKEN	12-2014	0	0	0	0	0	0	0
BAKKEN	11-2014	5	207	0	83	436	91	344
BAKKEN	10-2014	1	0	0	0	39	39	0
BAKKEN	9-2014	21	1024	1367	561	3310	3310	0
BAKKEN	8-2014	31	1299	1357	1362	5428	5428	0
BAKKEN	7-2014	31	1841	1806	730	5229	5229	0
BAKKEN	6-2014	30	1761	1791	888	6562	6465	97
BAKKEN	5-2014	31	1945	2228	488	7706	7706	0

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Trivia

By the way, the Enerplue Swallow Tail well noted above is on a two-well pad. How is the sister well doing? The other well on that 2-well pad:

• 27590, conf, Enerplus, Viceroy 152-94-32D-29H TF, Antelope:

Date	Oil Runs	MCF Sold
3-2015	34262	47108
2-2015	27157	33721
1-2015	29994	0
12-2014	50261	17165
11-2014	3107	0

Not too shabby.