Friday, October 14, 2016

Will The Number Of Active Rigs In North Dakota Drop Back Into The 20s? -- October 14, 2016

Getting close to winter. Things start to slow down. Close to a thousand DUCs that need completing.

Active rigs:


10/14/201610/14/201510/14/201410/14/201310/14/2012
Active Rigs3166190183192

Four new permits:
  • Operator: EOG
  • Field: Stanley (Mountrail)
  • Comments: four-well pad, all "400-series permits"; section 7-155-90
One DUC reported as completed:
  • 31174, 1,027, WPX, Peterson 6-5-4 HZL, Van Hook, Three Forks, 25,570 feet TD; 14-foot seam; , lateral began on December 25, 2015; and TD reached January 3, 2016; low gas, with a peak of 569 units; t8/16; cum 2K after 5 days; 

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