Thursday, July 26, 2018

Number Of Active Rigs Continues To Trend Down; Slawson Reports A Huge Completed DUC, As Does MRO -- July 26, 2018

Active rigs:

$69.547/26/201807/26/201707/26/201607/26/201507/26/2014
Active Rigs63603373193

Seven new permits:
  • Operators: Hess (6); Kraken Operating
  • Fields: Blue Buttes (McKenzie); Painted Woods (Williams)
  • Comments: Hess has permits for a 6-well BB-Federal pad in SENE 8-151-95;
Twenty-four permits renewed:
  • Petro-Hunt (13): a Joel Goodsen permit; two Dudley Dawson Federal permits; one Lloyd Christmas permit, the first three in McKenzie County; the Lloyd Christmas permit in Stark County; three Chip Diller Federal permits in McKenzie County; five USA permits in McKenzie County; a Robert The Bruce permit in McKenzie County;
  • Oasis (4): two Jensen permits, and an O.M. Erickson permit, all in Williams County;
  • Crescent Point Energy (3): one Legacy Et Al Berge permit in Bottineau County; one CPEUSC Lloyd and one CPEUSC Elena permit, both in Williams County; and, an Erickson permit in Burke County3303
  • Sinclair (2): one Olson Federal permit in Dunn County; a Porcupine permit in Dunn County
  • Thunderbird: one Frank permit in Stark County
  • Whiting: one Wright permit in McKenzie County
One permit canceled:
  • Resonance Exploration: a Resonance R.E. Ballantyne permit in Bottineau County
Four producing wells (DUCs) reported as completed:
  • 24521, 1,628, Slawson, Gabriel 7-36-25TFH, North Tobacco Garden, t6/18; cum --
  • 33032, 693, BR, State Veeder 2B-UTFH, Blue Buttes, t6/18; cum --
  • 33033, 756,  BR, State Veeder 2C MBH, Blue Buttes, t6/18; cum --
  • 33580, 3,276, MRO, McFadden 14-11H, Bailey, t6/18; cum -- (#17498)
Finally, still one more SM Energy well transferred to Petro-Hunt.

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