Number of Active Rigs In ND Trending Toward 50; Slawson Reports Five DUCs Completed -- October 30, 2017

Active rigs:

$54.19↑	10/30/2017	10/30/2016	10/30/2015	10/30/2014	10/30/2013
Active Rigs	52	34	70	190	182

Five new permits:

• Operators: Hess (4); BR
• Fields: Ross (Mountrail); Elidah (McKenzie)
• Comments: I assume this has occurred before but I have not noticed it; generally, the cases at the hearing dockets for unit line wells suggest a single well (maybe two wells) along the unit line in an overlapping unit; Hess has permits for four (4) unit line wells on the same pad in SWSE 2-156-91 -- later, see first comment: reader is most likely correct; these are probably not unit line wells but rather four wells to the west in a 1280-acre spacing unit (as an example, see the graphic at the EN-Pederson post);

Fourteen permits renewed:

• EOG (10): six Hawkeye permits in McKenzie County; three Wayzetta permits in Mountrail County; and one Van Hook permit in Mountrail County
• HRC (2): two Fort Berthold permits in Dunn County
• Petro-Sentinal (2): one Miller permit and one Coyote Creek permit, both in Bowman County

Five producing wells (DUCs) reported as completed:

• 25873, 141, Slawson, Pike Federal 5-3-2TFH, Big Bend, t8/17; cum -- (18970 -- off-line)
• 25874, 1,505, Slawson, Pike Federal 4-3-2TFH, Big Bend, t9/17; cum -- (18970 -- off-line)
• 29621, 2,548, Slawson, Lunker Federal 1 SLH, Big Bend, t10/17; cum -- (23105 -- no change)
• 31438, 747, Slawson, Pike Federal 3-3-2H, Big Bend, t10/17; cum -- (18970 -- off-line)
• 33701, 754, Slawson, Snakeeyes 4-29-20H, Big Bend, t10/17; cum -- (17459 -- no change)