Tuesday, February 5, 2019

Nine New Permits -- February 5, 2019

Active rigs:

$53.672/5/201902/05/201802/05/201702/05/201602/05/2015
Active Rigs63584042136

Nine new permits:
  • Operators: Kraken, WPX, Liberty Resources, Oasis
  • Fields: Lone Tree Lake (Williams); Eagle Nest (McKenzie); Cottonwood (Mountrail); Baker (McKenzie);
  • Comments:
    • Kraken has permits for a 5-well Coveleski/Ruffing pad in Lone Tree Lake oil field, section 27-157-99;
    • WPX has permits for a two-well White Owl pad in Eagle Nest oil field, section 32-149-94;
    • Liberty Resources has a permit for a Thronson well in Cottonwood oil field, lot 1, section 1-158-92;
    • Oasis has a permit for a Lewis Federal permit in Baker oil field, lot 1, section 31-153-100;
Six permits renewed:
  • BTA Oil (3): three Beaver Creek permits in Billings County
  • Kaiser-Francis (2): an Albert permit and an Agnes permit, both in Stark County;
  • EOG: an Austin permit in Mountrail County 
Two producing wells (DUCs) reported as completed:
  • 34086, 755, Equinor, Sjol 5-8F, Williston, t12/18; cum --
  • 30060, 1,953, Equinor, Banks State 16-21 XE 1TFH, Banks, t12/18; cum 7K after 8 days;
Dry hole:
  • 30187, dry, Oasis, Lewis Federal 5300 11-31 4B, Baker, about 8 miles south of Williston, ND, in McKenzie County, completed 1/19; drilled to a total depth of 10,281 feet in 25 days; a VTD of 10,281' MD was achieved at 10:05 hours CST on  19 December 2018. Due to the inability to remove the BHA from the hole the well will more than likely be plugged and abandoned. [Comment: if it took 25 days to drill to depth, it sounds like they had problems with this well even before this problem.]

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