Active Rigs Drop To 48 As Crude Oil Stocks Continue To Increase -- March 22, 2017

Active rigs:

	3/22/2017	03/22/2016	03/22/2015	03/22/2014	03/22/2013
Active Rigs	48	32	107	198	187

No wells coming off confidential list Thursday.

Six new permits:

• Operators: EOG (3), MRO (3)
• Fields: Parshall (Mountrail); Bailey (Dunn)
• Comments:

Six permits renewed:

• Sinclair (6): six Lizzie Rae permits in McKenzie County

Two producing wells (DUCs) reported as completed:

• 32458, 1,084, Hess, BB-Federal 151-95-1708H-9, Blue Buttes, t2/17; cum --
• 32459, 990, Hess, BB-Federal 151-95-1708H-9, Blue Buttes, t2/17; cum -- 

One well recompleted:

• 14876, 655, White Rock, Federal 16-28, Mondak, Red River pool, t2/24/2000, cum 605K 2/16; re-completed, 3/17; target - Stonewall; no production from Stonewall noted; file report: sundry form received January 20, 2017: "White Rock... plans to recomplete the subject well to the Stonewall/Duperow formations ... 160 acres (I believe); commingling of pools not approved at this time; previously an SM Energy well; section SESE 28-148-104; 

Note: the Duperow can produce some nice wells. There are two Duperow wells noted on "Monster Wells" post. 

Note: White Rock did something similar back in 2006, #14974, took a Duperow well and recompleted a short lateral targeting the Bakken. See graphic below: