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Wednesday, October 17, 2018

Ballantyne - Crescent Point Energy -- In North Dakota -- October 17, 2018

Updates

February 25, 2019: see comment. A reader has divisions orders confirming that Ballantyne has acquired (at least some) Crescent Point Energy assets.

Well search reveals that Crescent Point Energy has: 370 permits, including in the 32XXX series (recent permits).

 Ballantyne Oil, LLC, has 54 permits. The most recent is #29106 in Kanu oil field.

370 (Crescent Point Energy) and 54 (Ballantyne Oil) is the very same number of permits for each company as noted at the original post. 

Original Post

A reader asked about the relationship between "Ballantyne" and "Crescent Point Energy," whether one company had sold its interests in Bottineau County to the other.

I replied that I had lost the bubble on that. Neither the blog nor the internet in general offers much help.

My advice: visit the NDIC "well search" site and look at the permits.

Note: in a note based on a huge database search, there are likely to be typographical and factual errors. If this information is important to you, go to the source, perhaps starting with the linked site.

Three companies to "search."
  • Ballantyne
  • Ballantyne Oil, LLC
  • Crescent Point Energy US Corp
Currently:
  • Ballantyne:
    • 27 permits
    • most recent permit: #17321, dry, 7/23/2008
  • Ballantyne Oil, LLC:
    • 54 permits
    • 4 SWD permits
    • 30xxx permits: 0
    • 20xxx permits: 11
    • 19xxx permits: 5 
    • 18xxx permits: 1
    • Glenburn field: 13
    • Southwest Landa: 8
    • North Souris: 3
  • Crescent Point Energy US Corp
    • 370 permits
    • 7 SWD permits
    • 30xxx permits: 157
    • 20xxx permits: 171
    • 19xxx permits: 19
    • major fields: Dublin, Ellisville, Little Muddy, Lone Tree Lake, Marmon, North Souris, Souris, West Ambrose, Winner

2 comments:

  1. Ballantyne indeed has bought Crescent Point's assets in Bottineau County at least. Just sent them back a few division orders they required for royalty payments. Must be the fourth or fifth company to own the rights to produce oil in the North Souris field.

    ReplyDelete
    Replies
    1. Thank you. Very interesting. Later, when I get caught up I will see if I can find anything about this deal. Much appreciated that you would take time to write me on this.

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