Kraken Reports Three Completed DUCs; EOG With Six New Austin Permits; Four Permits Renewed -- January 19, 2018

Active rigs:

$63.57↓	1/19/2018	01/19/2017	01/19/2016	01/19/2015	01/19/2014
Active Rigs	58	37	49	161	187

Eight new permits:

• Operators: EOG (6); WPX (2)
• Fields: Parshall (Mountrail); Wolf Bay (Dunn)
• Comments: EOG has permits for a 6-well Austin pad new NENW 19-154-90 (see graphic below)

Four permits renewed:

• CLR: two Salem permits in Williams County; two Entzel permits in Dunn County

Two permits canceled:

• Resource Energy: a Strom permit and a Coronet permit, both in Divide County

Three producing wells (DUCs) reported as completed:

• 33216, 1,349, Kraken Operating, Feller 22-15 3H, Lone Tree Lake, t11/17; cum 7K after 10 days;
• 33218, 1,041, Kraken Operating, Feller 22-15 5H, Lone Tree Lake, t12/17; cum --
• 33219, 1,095, Kraken Operating, Feller 22-15 6H, API: 33-105-04344, frack data not yet available at FracFocus, Lone Tree Lake, t12/17; cum --
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Location For 6-Well Austin Pad Proposed By EOG

Existing wells:

• 16795, 1,519, EOG, Austin 4-09H, Parshall, t12/07; cum 686K 11/17; (and, yes, this well had a bump in production when neighboring wells were fracked); a short lateral;
• 31546, 458, EOG, Austin 59-1509H, Parshall, t4/16; cum 273K 11/17;
• 31828, 563, EOG, Austin 463-1509H, Parshall, t4/16; cum 261K 11/17;