A New Operator In The Bakken; Will Target The Lodgepole Down By Dickinson; Major Indices Close At Record High -- September 12, 2017

The Close

Trifecta: Dow, S&P 500, Nasdaq end at records on the same day for first time in six weeks.

 Back to the Bakken

Active rigs:

$48.37→	9/12/2017	09/12/2016	09/12/2015	09/12/2014	09/12/2013
Active Rigs	55	37	69	197	182

Three new permits:

• Operators: XTO (2); Freedom Energy Operating, LLC
• Fields: Heart Butte (Dunn County); Heart River (Wildcat, Stark County)
• Comments: this is Freedom Energy's first permit in North Dakota; this first of theirs is for a well to target the Lodgepole; SESE 15-139-97; see graphic below; see this post on the Lodgepole reefs in the Dickinson area;

Twelve permits canceled:

• Petro-Hunt (11):  a Hot Rod permit; four D Annunzio permits; two Billy Ray Valentine permits; a Cameron Frye permit -- all in McKenzie County; two Lloyd Christmas permits in Stark County
• EOG: one Van Hook permit in Mountrail County

One permit renewed:

• Murex: a Emu permit in Renville County

Four producing wells completed:

• 28565, 1,212, CLR,Wiley 4-25H2, Pershing, t8/17; cum -- (#19935, #19936)
• 28566, 693, CLR, Wiley 5-25H, Pershing, t8/17; cum -- (#19935, #19936)
• 32968, 920, CLR, Anna 8-34H1, Last Chance, t9/17; cum --  (#23279)
• 32969, 1,391, CLR, Anna 9034H1, Last Chance, t8/17; cum --  (#23279)

Fifteen well name changes; these all look like old wells, with the lowest permit number being 05182 and the highest permit number being 15769; most are inactive; at least one is abandoned; I checked about a dozen of them; none were active, but some had produced a small amount of oil as recently as two months ago

• True Oil has fifteen well name changes, changing from Burlington Northern wells to Red Wing Creek Unit wells, all in McKenzie County

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