Arctic Blast? What Arctic Blast? Active Rigs In North Dakota Power Ahead To 58; But Look At The Phenomenal DUCs Reported As Completed -- January 17, 2018

Active rigs:

$64.06↑	1/17/2018	01/17/2017	01/17/2016	01/17/2015	01/17/2014
Active Rigs	58	38	49	157	187

 
Five new permits:

• Operators: XTO (4); Nine Point Energy
• Fields: Antelope (McKenzie); Elk (McKenzie)
• Comments: XTO as permits for a 4-well  Nelson Federal pad in lot 3, section 5-152-94

Six permits renewed:

• MRO: a Mathias permit; a Coan permit; a Bollete permit; a State Willard permit; a Nisbit permit; and, a State Loland permit, all in Dunn County

Two permits canceled:

• Petro-Hunt: two Tande permits in Burke County

Six producing wells (DUCs) were reported as completed:

• 31636, 627, XTO, Lundin 11X-15E, Siverston, t10/17; cum 22K after 10 days; extrapolates to 66K over 30 days;
• 31638, 2,978, XTO, Lundin 11X-15EXH, Siverston, 4 sections, t11/17; cum 17K after first full month;
• 32515, 1,997, XTO, Lundin 11X-15AXB, Siverston, t11/17; cum 44K after first full month;
• 32516, 1,892, XTO, Lundin 11X-15F, Siverston, t11/17; cum 15K after 18 days;
• 32890, 4,524, MRO, Murphy USA 34-22TFH-2B, Antelope, Sanish pool, t12/17; cum -- (#19144)
• 33290, 4,204, MRO, Lena USA 14-22H, Antelope, Sanish pool, t12/17; cum -- (#19144)

The graphic on Murphy and Lena:

The Lundin wells are tracked here. 

These results help explain why North Dakota reported another month of crude oil production greater than 1 million bopd.