Ten New Permits; WTI Recovers A Bit; Gasoline Spikes Post Harvey; Panic Buying In The US; NASDAQ Hits New All-Time Record -- August 31, 2017

Active rigs:

$47.09↑↑	8/31/2017	08/31/2016	08/31/2015	08/31/2014	08/31/2013
Active Rigs	55	33	76	194	185

Ten (10) new permits:

• Operators: Enerplus (9); Iron Oil Operating LLC
• Fields: Moccasin Creek (Dunn); Antelope Creek (McKenzie)
• Comments: Enerplus  has permits for a 9-well "heavy metal" pad in Moccasin Creek in NENE 16-147-93 (see graphic below)

Iron Oil Operating:

• has 21 oil and gas permits
• permits in Antelope Creek, Bear Butte, Sather Lake, Ellsworth, others
• from "Bakken Operators":

Iron Oil: first mentioned on the blog, July 18, 2017

• about 21 wells transferred from Hunt Oil Company to Iron Oil Operating, LLC
• I believe this is a new entrant into the Bakken
• a Billings, MT, company
• website here

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See Enerplus Permits Above

This page will not be updated. The "heavy metal" pad is now tracked here.

Enerplus' "heavy metal" pad:

• 33967, 3,162, Enerplus, Cobalt 147-93-09D-04H, Moccasin Creek, t7/18; cum 202K 3/19;
  

  Date	Oil Runs	MCF Sold
  10-2018	25330	19107
  9-2018	28494	4887
  8-2018	50811	2650
  7-2018	22630	2650

• 33968, 932, Enerplus, Nickel 147-93-16B-21H-TF, Moccasin Creek, 33 stages; 5.9 million lbs, t8/18; cum 110K 3/19;
  

  Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
  BAKKEN	10-2018	30	17554	17484	19817	12287	6796	4413
  BAKKEN	9-2018	22	19992	20032	20766	13994	9247	4094
  BAKKEN	8-2018	31	28292	27958	38928	19805	58	19746
  BAKKEN	7-2018	1	236	226	3493	165	58	106
  BAKKEN	6-2018	1	6	0	0	0	0	0

• 33969, 1,077, Enerplus, Steel 147-93-09D-04H-TF, Moccasin Creek, t8/18; cum 138K 3/19;
  

  Date	Oil Runs	MCF Sold
  10-2018	17276	13032
  9-2018	26442	4535
  8-2018	35723	108
  7-2018	923	108

• 33970, loc, Enerplus, Tungsten 147-93-16A-21H,

  Date	Oil Runs	MCF Sold
  10-2018	20759	8070
  9-2018	26189	12090
  8-2018	47693	4504
  7-2018	17534	4504

• 33971, loc, Enerplus, Zinc 147-93-09D-04H,

  Date	Oil Runs	MCF Sold
  10-2018	29954	22595
  9-2018	28946	4965
  8-2018	50356	1622
  7-2018	13855	1622

• 33972, loc, Enerplus, Lead 147-93-16B-21H-TF, 

Date	Oil Runs	MCF Sold
10-2018	18145	7053
9-2018	26668	12311
8-2018	34631	1747
7-2018	6802	1747

• 33973, loc, Enerplus, Titanium 147-93-16A-21H,
• 33974, loc, Enerplus, Silver 147-93-09D-04H,
• 33975, loc, Enerplus, Platinum 147-93-16A-21H,