Random Update On DUCs From 4Q15 -- February 19, 2016

I'm still trying to get a handle on whether DUCs are such a big deal or not. I really don't know. I struggled with that question back in December.

Tonight, I updated the wells that came off the confidential list in 4Q15. One can scroll through that list and see how many wells are still SI/NC (DUCs).

Since the last update (and I don't recall when that update was done), these are the DUCs that have been completed (I may have missed a few but, if so, I will pick them up next time):

30940, 2,405, BR, CCU Bison Point 34-34MBH, Corral Creek, t12/15; cum 7K 10 days;
30938, 2,445, BR, CCU Bison Point 24-34MBH, Corral Creek, t1/16; cum --
30937, 2,164, BR, CCU Bison Point 24-34TFH, Corral Creek, t1/16; cum 3K 15 days;
31004, 207, XTO, Rita 44X-34HXE, North Tobacco Garden, t1/16; cum --
30788, 679, XTO, Rita 44X-34D, Tobacco Garden, t1/16; cum --
30673, 503, Hess, BL-Odegaard-165-95-2116H-7, Beaver Lodge, t12/15; cum 8K 14 days;
30674, 458, Hess, BL-Odegaard-156-95-2116H-8, Beaver Lodge, t1/16; cum --
30672, 565, Hess, BL-Odegaard-156-95-2116H-7, Beaver Lodge, t12/15; cum 12K 21 days;
31245, 825, XTO, Sorenson 31X-28D, Siverston, t11/15; cum --
30671, 619, Hess, BL-Odegaard-156-95-2116H-6, Beaver Lodge, t12/15; cum 13K 26 days;
30167, 423, Hess, AN-Prossr-152-95-1102H-10, Antelope, Sanish pool, t1/16; cum 8K 17 days;
30164, 1,113, Hess, AN-Prosser-152-95-1102H-7, Antelope, Sanish pool, t12/15; cum 24K 12/15;
30165, 1,376, Hess, AN-Prosser-152-95-1102H-8, Antelope, Sanish pool, t12/15; cum 31K 28 days;
31177, 329, CLR, Jefferson 10-17H1, Crazy Man Creek, t12/15; cum 2K 13 days;
30166, 1,134, Hess, AN-Prosser-152-95-1102H-9, Antelope, Sanish pool, t12/15; cum 29K 25 days;
31175, 359, CLR, Jefferson 8-17H1, Crazy Man Creek, t12/15; cum 6K 20 days;
29278, 945, Hess, BL-Iverson C-155-96-1423H-5, Beaver Lodge, t11/15; cum 42K 12/15;
31098, 444, Hess, BL-Iverson C-155-96-1423H-2, Beaver Lodge, Devonian, t12/15 cum 12K 29 days;
30913, 2,453, XTO, Johnsrud Federal 34X-14F, Bear Den, t1/16; cum --
29862, 2,035, XTO, Johnsrud Federal 34X-14AXB, Bear Den, t1/16; cum --
29861, 2,661, XTO, Johnsrud Federal 34X-14A, Bear Den, t1/16; cum --
30684, 1,005, MRO, Charlie 24-10H, Reunion Bay, t12/15; cum 6K 12 days;
30041, 2,240, XTO, Deep Creek Federal 43X-5G, Lost Bridge, t11/15; cum 16K 21 days;
30043, 2,238, XTO, Deep Creek Federal 43X-5H, Lost Bridge, t12/15; cum 14K 18 days;
28896, 1,486, Zavanna, Blackjack 24-13 1H, East Fork, t12/15; cum 4K 10 days;
28895, 1,135, Zavanna, Blackjack 24-13 2TFH, East Fork, t1/16; cum --
30047, 1,186, XTO, Thorp Federal 11X-28E, Little Knife, t10/15; cum26K 12/15;
30046, 1,686, XTO, Thorp Federal 11X-28A, Little Knife, t9/15; cum 30K 12/15;

Remember, these are wells that came off the confidential list between October 1, 2015 and December 31, 2015, inclusive. It is not yet the end of February and these wells have already been completed.

Three trends:

• pad drilling
• Hess is keeping on top of things, as is XTO, other operators in the Bakken, not so much
• some great IPs

Also note: EOG is not on the list.