EOG Doing Some Big Things In Clarks Creek -- April 12, 2016; Looks Like Hess Will Report A Nice Well In Alkali Creek

I should have waited another day to update this drilling unit. Yesterday, EOG was issued five more permits in this section -- see purple oval/purple text. Today, EOG was issued seven more permits on the same pad: see green oval/green text added today in the graphic below.

Based on the legal names, it appears that EOG will have 12 long laterals run from the north, to the south (sited in section 30, end in section 31); meanwhile, now we have another 12 permits, and based on their names suggest they will be running in the same sections, but from the south to the north (sited in section 31, ending in section 30). That's 24 horizontals in these two sections (some may be 1280-acre spacing; others may be 2560-acre spacing). In addition, there is already one well already producing in that drilling unit:

• 20513, 2,365, EOG, Riverview 3-3130H, Clarks Creek, 49 stages, 9.8 million lbs, t3/13; cum 568K 2/16; producing about 7,000 bbls/month.

In addition, EOG will be drilling three more wells where this well is sited:

• 17215, 2,227, EOG, Austin 27-10H, Parshall, t12/08; cum 575K 2/16 (only 8 days in 2/16)

Other items from today's daily activity report follows.

Active rigs:

	4/12/2016	04/12/2015	04/12/2014	04/12/2013	04/12/2012
Active Rigs	30	93	190	186	209

Ten (10) new permits:

• Operator: EOG
• Fields: Clarks Creek (McKenzie); Parshall (Mountrail)
• Comments: permits for 7 additional Clarks Creek wells in SWSE 31 will result in another 12-well pad (see below -- narrative with graphic)

No producing wells completed.

Five (5) permits renewed:

• XTO (4), four Kenneth permits in Williams County
• Enerplus, a Arnica permit in Dunn County

Five (5) permits canceled:

• Crescent Point Energy (4), two CPEUSC Suitor permits, and two CPEUSC Lowe permits, all in Williams County
• Abraxas Petroleum, a Yellowstone Boxer permit in McKenzie County

Wells coming off confidential list Wednesday:

• 31911, SI/NC, Statoil, Enderud 9-4 6H, Banks, no production data,
• 32030, 917, Hess, EN-Pederson-LW-154-94-0408H-6, Alkali Creek, 4 sections, 35 stages, 2.5 million lbs, t2/16; cum 20K 2/16; only 19 days in 2/16;

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32030, see above, Hess, EN-Pederson-LW-154-94-0408H-6, Alkali Creek:

Date	Oil Runs	MCF Sold
2-2016	19750	35921