Tuesday, October 20, 2015

Nine (9) New Permits -- North Dakota -- October 20, 2015

Active rigs:


10/20/201510/20/201410/20/201310/20/201210/20/2011
Active Rigs68191184186195

One well coming off confidential list Wednesday:
  • 29771, 112, Crescent Point Energy, CPEUSC Goldsmith 15-22-158-101, Little Muddy (Williams County), a Bakken well, 35 stages; 5.2 million lbs, t6/15; cum 12K 8/15;
Nine (9) new permits --
  • Operators: EOG (4), BR (4), Berenergy Corporation
  • Fields: Alger (Mountrail), Corral Creek (Dunn), Chatfield (Bottineau)
  • Comments: Berenergy has been in North Dakota since the 1970s, but this is only their second permit in the "modern era"; their earlier permit was #29622, Borstad 30-3, also in Chatfield oil field; it remains on the confidential list. 
Note: no producing wells were reported as completed. Yesterday, there were two producing wells completed, and that covered three days (weekend, plus Monday). The number of producing wells reported as completed over the past two weeks (wells not completed, add to the "fracklog"):
  • Monday, Oct 19: 2
  • Friday: 1
  • Thursday: 0
  • Wednesday: 0
  • Tuesday: 1
  • Monday, Oct 12: 5 (3-day history)
  • Friday: 1
  • Thursday: 4
  • Wednesday: 0
  • Tuesday: 2
  • Monday, Oct 5: 0
Comment: in the daily report, posted each morning (and in the Daily Activity Report later), one can see that most new wells are going to DUC/DRL status and very, very few drilled (producing) wells are being reported as completed. The fracklog was up to 993 in August, 2015 (Director's Cut, October 14, 2015), which was an all-time record. It's hard to believe it won't be significantly higher in the September data (to be released in November).

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