Huge Day In The Bakken Today: WPX Reports Six (6) High-IP Wells; Statoil Reports A Great Well; BR Will Report Two Nice Wells Tuesday; Hess Will Report A Huge Well Wednesday -- April 11, 2016

Note: one swallow does not a spring make. I don't do statistical analyses, but I'm starting to notice an interesting trend. It is subtle and I may be seeing something that does not exist. But today's daily activity report is a good example. Note:

• five new permits (albeit, from one operator, and on one pad)
• a lot of DUCs were completed
• 100% of the wells coming off the confidential list tomorrow were completed; they did not become DUCs

Make of this what you will, but just saying.

Active rigs:

	4/11/2016	04/11/2015	04/11/2014	04/11/2013	04/11/2012
Active Rigs	31	93	190	187	208

Five (5) new permits:

• Operators: EOG
• Field: Clarks Creek (McKenzie)
• Comments: see graphic below.

Everything in this graphic in red was posted on August 12, 2015. The five new EOG Riverview permits have been added to the graphic and are in purple. I track the EOG Riverview wells in Clarks Creek here (but have not updated them in awhile):

Eleven (11) permits were renewed:

• CLR (3), three Thorvald permits, all in Dunn County
• Thunderbird Resource (3), three Watson B permits in McKenzie County
• Resource Energy Can-Am, a Gary permit and an Arnett permit, both in Divide County
• Whiting (2), a Kaden TTT permit and a Westin TTT permit, both in Mountrail County
• HRC, a Fort Berthold permit in McKenzie County

Slawson canceled three permits; two Sniper Federal permits in Mountrail County and one Mauser Federal permit in McKenzie County

Fourteen (14) producing wells completed:

• 25856, 3,645, Statoil, Skarston 1-12 7H, Banks, t3/16; cum --
• 29445, 2,441, WPX, Emma Owner 23-14HB, Spotted Horn, t3/16; cum --
• 29446, 1,871, WPX, Emma Owner 23-14HX, Spotted Horn, t3/16; cum --
• 29447, 1,690, WPX, Emma Owner 23-14HC, Spotted Horn, t3/16; cum --
• 29448, 1,986, WPX, Emma Owner 23-14HD, Spotted Horn, t3/16; cum --
• 29449, 2,049, WPX, Emma Owner 23-14HW, Spotted Horn, t3/6; cum --
• 30193, 687, XTO, Evelyn 31X-3C, Lindahl, t3/16; cum --
• 30664, 603, XTO, Smouse 31X-28D, West Capa, t3/16; cum --
• 30666, 2,553, WPX, Emma Owner 23-14HA, Spotted Horn, 4 sections, t3/16; cum --
• 31158, 1,097, Whiting, Obrigewitch 11-29PHU, Bell, 4 sections, t2/16; cum 6K 2/16;
• 31159, n/d, Whiting, Obrigewitch 24-20PH, Bell, no test date,
• 31160, 584, Whiting, Obrigewitch 44-19PHU, Bell, 4 sections, t3/16; cum --
• 31220, n/d, XTO, FBIR Reese 43X-33G, Heart Butte, ICO, t3/16; cum --
• 31221, n/d, XTO, FBIR Reese 43X-33D, Heart Butte, ICO, t3/16; cum --

Wells coming off the confidential list Tuesday:

• 31179, 2,2124, BR, CCU Atlantic Express 13-19 TFH, Corral Creek, 46 stages, 8 million lbs, t2/16; cum 15K after 27 days;
• 31180, 3,287, BR, CCU Atlantic Express 23-19 MBH, Corral Creek, 45 stages, 5.1 million lbs, t2/16; cum 13K after 24 days;
• 32029, 1,258, Hess, EN-Pederson-LW-154-94-0408H-5, Alkali Creek, 4 sections, Three Forks, 50 stages, 3.5 million lbs,  2/16; cum 33K after 25 days;

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

32029, see above, Hess, EN-Pederson-LW-154-94-0408H-5, Alkali Creek:

Date	Oil Runs	MCF Sold
2-2016	32393	48308

31180, see above, BR, CCU Atlantic Express 23-19 MBH, Corral Creek:

Date	Oil Runs	MCF Sold
2-2016	12678	0

31179, see above, BR, CCU Atlantic Express 13-19 TFH, Corral Creek:

Date	Oil Runs	MCF Sold
2-2016	14813	0