Friday, July 20, 2018

Thirteen New Permits -- July 20, 2018; Petro-Hunt Acquires 130 Divide County Wells From SM Energy

Active rigs:

$68.117/20/201807/20/201707/20/201607/20/201507/20/2014
Active Rigs68593170195

Note: the oilprice.com reports WTI at $68.11; the crawler at CNBC says WTI closed at a bit over $70 (perhaps different contracts)

Thirteen new permits:
  • Operators: Petroshale (5); MRO (4): Hess (3); Resonance Exploration
  • Fields: North Fork (McKenzie), Killdeer (Dunn), Alkali Creek (Mountrail), Sergis (Bottineau)
  • Comments: Petroshale has permits for a 5-well Tailgunner Federal pad on lot 1, section 18-149-96;
Eight permits renewed:
  • BR (6): six CCU Gopher permits in Dunn County
  • EOG (2): two Burke permits in Mountrail County
Four producing wells (DUCs) completed:
  • 33910, 2,046, Hess, BB-Sigrid Loomer-150-95-0817H-7, t7/18; cum --  (#16610)
  • 33909, 2,282, Hess, BB-Sigrid Loomer-150-95-0817H-6, t7/18; cum --
  • 33908, 1,939, Hess, BB-Sigrid Loomer-150-95-0817H-5, t7/18; cum --
  • 33907, 2,489, Hess, BB-Sigrid Loomer-150-95-0817H-4, t7/18; cum --
Change of operator: 130 wells  from SM Energy to Petro-Hunt
  • a lot of good wells involved in this deal
  • all in Divide County
  • oldest permit: 15761
  • newest permit: 32766

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