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:

	10/14/2016	10/14/2015	10/14/2014	10/14/2013	10/14/2012
Active Rigs	31	66	190	183	192

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;