WTI Closes Above $63; Seven New Permits -- April 5, 2019

Active rigs:

$63.30	4/5/2019	04/05/2018	04/05/2017	04/05/2016	04/05/2015
Active Rigs	62	58	49	29	94

Eight new permits:

• Operators: Bruin E&P Operating (6); BR; Freedom Energy Operating
• Fields: Eagle Nest (Dunn); Sand Creek (McKenzie); Wildcat -- Oltmans Ocelot, Stark County
• Comments:
• Bruin has permits for a 6-well Fort Berthold pad in section 27-148-95 in Eagle Nest oil field
• BR has a permit for a Renegade well in section 10-153-97 in Sand Creek oil field 
• Freedom Energy has a permit for a wildcat in Stark County, Oltmans Ocelot 1-21, NENW 21-139-96;

Two permits reinstated:

• Slawson: two Snakeeyes permits in Big Bend; Mountrail County
  

Thirteen permits renewed:

• XTO (9): five Bud permits; four Kenneth permits, all in Williams County;
• MRO (3): a Ruth permit; a Snider permit;, and a Higgins permit, all in Dunn County;
• BR: a Saddle Butte permit in McKenzie County

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;

***************************************

See new permits above: