Friday, May 6, 2016

May 6, 2016 -- One New Permit

Active rigs:


5/6/201605/06/201505/06/201405/06/201305/06/2012
Active Rigs2785186190210

One (1) permit --
  • Operator: Peregrine Petroleum Partners, LTD
  • Field: Hay Draw (McKenzie)
  • Comments:
Crescent Point canceled two permits, two CPEUSC Suitor permits in Williams County.

For newbies, I track Bakken operators here (a tab at the top of each page of the blog). The Peregrine permit:
  • 32701, loc, Burlington Fee 9-16-1H, NWNW 9-146-102. There is one other well in this section, #13070, a horizontal that was drilled in 1991 (Bakken, IP 130; and then re-entered, new horizontal drilled in 2005; similar outcome; total cumulative since 1991: 143K 3/16 producing maybe 200 bbls/month but has been off-line much of the past year.
  • Hay Draw is a small non-descript oil field in southwestern McKenzie County with almost no activity except for a cluster of vertical non-Bakken wells drilled decades ago; varying success.

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