Ten (10) New Permits -- January 27, 2016; Cobra Oil & Gas, A New Operator In North Dakota

Three (3) producing wells completed:

• 29439, 2 (no typo), Murex, Sherry Ann 13-24H, Three Forks, no frac data yet; 18 days drilling; gas shows poor to fair throughout, Temple, t111/5; cum --
• 29491, 1,170, XTO, Rita 44X-34C, Tobacco Garden, t12/15; cum -- 
• 30787, 1,592, XTO, Rita 44X-34CXD, Tobacco Garden, t12/15; cum --

Operator transfer: about 42 wells were transferred from Whiting to Cobra Oil & Gas; all were in the North Elkhorn Ranch Unit; the oldest well file was #08422; the most recent was 16506, except for one outlier, #25539. When I go to "Well Search" at the NDIC website, all but one of the transferred wells was already at the NDIC Cobra Oil well site. There was just one Cobra well at the NDIC web site that I did not see among the 42 transferred wells; #8422 was a Whiting well until at least 11/10/2015; this suggests that Cobra Oil is a new operator in North Dakota. Cobra Oil & Gas website here; their webpage says they have producing properties in AL, AR, KS, LA, NM, OK, and TX, but no mention of ND. It appears Cobra is a new operator in North Dakota. Interestingly enough, Cobra Oil & Gas was mentioned in a December 9, 2015, NDIC briefing;

• 08422, 254, Cobra Oil/Whiting, North Elkhorn Ranch Unit 2202, producing about 450 bbls/month, t6/81; cum 695K 11/15;
• 25539, 330, Cobra Oil/Whiting, NERU 0904HERH, North Elkhorn Ranch, producing about 2300 bbls/month, t1/14; cum 79K 11/15;

Ten (10) new permits --

• Operators: QEP (6), EOG (4)
• Fields: Spotted Horn (McKenzie), Clarks Creek (McKenzie)
• Comments:

Wells coming off confidential list Thursday:

• 22503, SI/NC, HRC, Fort Berthold 148-95-25B-36-2H, no production data,
• 24115, 2,277, Whiting, Skunk Creek 4-18-17-1H, Heart Butte, spud July 28; cease drilling August 7; 33 stages, 7.7 million lbs, t11/15; cum 22K 11/15;
• 29455, 439, Triangle USA, Little Muddy 12TFH, 31 stages, 4 million lbs; Williston, t8/15; cum 62K 11/15;
• 30512, SI/NC, MRO, Gaynor 34-33H, Reunion Bay,
• 30749, SI/NC, XTO, Amundson 44X-22HXE, Siverston,
• 31402, 1,824, BR, CCU Burner 31-26 TFH, Corral Creek, 27 stages, 7.3 million lbs, t12/15; cum --

******************************************

31402, see above , BR, CCU Burner 31-26 TFH, Corral Creek:

Date	Oil Runs	MCF Sold
11-2015	515	0

29455, see above, Triangle USA, Little Muddy 12TFH, Williston:

Date	Oil Runs	MCF Sold
11-2015	11938	10562
10-2015	18436	15573
9-2015	15655	10424
8-2015	15562	8886
7-2015	343	362

24115, see above, Whiting, Skunk Creek 4-18-17-1H, Heart Butte:

Date	Oil Runs	MCF Sold
11-2015	21270	0