Ten Of Eleven Wells Go To DUC Status In The North Dakota Bakken, Most Of These Wells Are In Great Fields -- December 4, 2017

Eleven (11) wells are coming off confidential list today. Only one has been completed. That's less than ten percent. 

Comments:

• it was reported earlier in the year that operators met their production quotas some months ago
• it is being reported that there may be a shortage of frack spreads in North Dakota
• some think it's too cold to frack in the winter
• it's cheaper to store oil in the ground today, knowing that oil is going to command a better price tomorrow

Monday, December 4, 2017: 18 for the month; 128 for the quarter

• 33066, SI/NC, XTO, Deep Creek Federal 44X-5C, Lost Bridge, no production data,
• 32903, SI/NC, BR, Lovaas 5-8-12 UTFH, Blue Buttes, no production data,
• 31612, SI/NC, BR, HE 3-8-20UTFH, Elidah, no production data,
• 31611, SI/NC, BR, HE 4-8-20MBH, Elida, no production data,
• 31433, SI/NC, Slawson, Osprey Federal 7-26-29TFH, Big Bend, no production data,

Sunday, December 3, 2017: 13 for the month; 123 for the quarter

• 32904, SI/NC, BR, Lovaas 6-8-12MBH, Blue Buttes, no production data,
• 31850, 1,191, Whiting, 3J Trust 24-8-2PH, Bell, 45 stages; 9.4 million lbs, t6/17; cum 76K 10/17; already shut in as of 10/17;
• 31613, SI/NC, BR, HE 2-8-20MBH, Elidah, no production data,

Saturday, December 2, 2017: 10 for the month; 120 for the quarter

• 33323, SI/NC, WPX, Mandaree South 25-36HZ, Spotted Horn, no production data,
• 33065, SI/NC, XTO, Deep Creek Federal 44X-5B, Lost Bridge, no production data,
• 31431, SI/NC, Slawson, Osprey Federal 6-26-29TFH, Big Bend, no production data,