Seven New Permits -- April 8, 2019

Oil:

• WTI: a huge day; up $1.32/bbl; up over 2%; closed at $64.40
• Brent: before the opening today, folks wondered whether Brent would hit $71; it closed at $71.10, up 76 cents or a little over 1%
• OPEC basket: up a bit but still trading below $70

Active rigs:

$64.40	4/8/2019	04/08/2018	04/08/2017	04/08/2016	04/08/2015
Active Rigs	64	58	49	31	91

Seven new permits:

• Operators: XTO (4); BR (3): 
• Fields: Camp (McKenzie); Dimmick Lake (McKenzie); 
• Comments:
• XTO has permits for a 4-well Don pad in section 15-152-101 in Camp oil field;
• BR has permits for a 3-well State Dodge pad in section 21-151-96 in Dimmick Lake;

Dry hole:

• 36141, dry, MRO, Gould 34-23H, Chimney Butte, PNC 3/28/19; most likely a bad casing;

One producing well (DUC) reported as completed:

• 32232, 3,046, Bruin, Fort Berthold 152-94-15A-22-9H, Antelope-Sanish, t3/19; cum 48K 2/19; 

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	2-2019	20	35521	34813	33816	29783	19281	10161
SANISH	1-2019	13	12346	11765	24015	19614	9106	10271

From an earlier post, #32233 on the same pad: one producing well (a DUC) reported as completed:

• 32233, 2,324, Bruin E&P, Fort Berthold 152-94-15B-22-8H, Antelope-Sanish, t1/19; cum 51K after 35 days; (#24731; #25494; #32232; #24739; 24738; #24737; #18402; #20567)
• 20567, a huge well; off line
• 18402, ditto
• 24737, back on line; huge jump in production;
• 24738, back on line; looks like a jump in production;
• 24739, huge, huge jump in production; must have been re-fracked; check later;
• 32232, SI/NC but huge production to date; 50K in 33 days;
• 25494, back on line; no jump in production?
• 24731, huge well, never take off line; producing about 5,000 bbls/month; t10/13; cum 592K 2/19;