MRO With Three New Permits In The Very Prolific Bailey Oil Field -- July 15, 2019

Active rigs:

$59.31	7/15/2019	07/15/2018	07/15/2017	07/15/2016	07/15/2015
Active Rigs	58	67	58	29	73

Three new permits (#36735 - #36737, inclusive):

• Operator: MRO
• Field: Bailey (Dunn County)
• Comments: MRO has permits for a 3-well Ritter/Emil/Kloster pad in section 12=146-94, Bailey oil field; as active as the Bailey oil field is, this section only has three horizontals running through it, including a section (line) well:
• #33535, 6.204, MRO, Arkin 44-12TFH, Bailey, 4 sections, t1/18; cum 330K 5/19; see production profile below, pay particular attention to first 21 days of production;
• #16993, 125, MRO, Buehner 44-12, Bailey, t10/08; cum 226K 5/19; came off line in 5/19; was taken off line when #33535 was fracked; had significant jump in production when it was brought back on line 5/18; see production profile below;
• 16654, 311, MRO, Buehner 34-12H, Bailey, t8/07; cum 191K 5/19; lousy production since 2018; off line first four months of 2019; back on line for 9 days in 5/19;

Twelve permits renewed: 

• Crescent Point Energy (4): four CPEUSC Jean permits, all in Williams County
• Enerplus (2): a Huntsman permit and a Blackwidow permit, both in Dunn County
• BR (2): two Remington permits, both in McKenzie County
• Texakota: a Hemsing permit in Williams County
• CLR: a Juneau permit in Williams County
• Liberty Resources: a Herseth permit in Burke County
• EOG: a Burke permit in Mountrail County

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#16993, selected production when neighboring well was fracked/tested 1/18:

BAKKEN	7-2018	31	6028	5937	3620	3598	2266	798
BAKKEN	6-2018	30	5782	5652	4868	4428	2910	1005
BAKKEN	5-2018	13	1971	1809	3304	1513	603	674
BAKKEN	4-2018	0	0	222	0	0	0	0
BAKKEN	3-2018	0	0	0	0	0	0	0
BAKKEN	2-2018	0	0	0	0	0	0	0
BAKKEN	1-2018	0	0	0	0	0	0	0
BAKKEN	12-2017	1	52	0	3	44	0	37
BAKKEN	11-2017	14	435	486	58	396	274	17
BAKKEN	10-2017	31	859	909	250	1201	86	861
BAKKEN	9-2017	30	845	794	150	837	214	420
BAKKEN	8-2017	31	865	871	110	792	315	288
BAKKEN	7-2017	31	845	814	124	804	439	181

#33535:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	5-2019	31	7509	7428	10770	9053	8366	58
BAKKEN	4-2019	30	6251	6188	7633	8464	7619	312
BAKKEN	3-2019	30	5755	6315	6337	8398	6087	1825
BAKKEN	2-2019	28	10984	10662	7540	12365	9873	1639
BAKKEN	1-2019	31	14808	14606	10169	18010	16808	0
BAKKEN	12-2018	11	5090	5136	4386	3937	3532	0
BAKKEN	11-2018	26	8177	8220	8126	12845	12154	0
BAKKEN	10-2018	31	13470	13443	10049	18987	17927	0
BAKKEN	9-2018	30	13402	13563	10956	17210	15992	169
BAKKEN	8-2018	31	17882	17771	13212	21963	18932	1546
BAKKEN	7-2018	31	20109	20109	17753	24387	20957	1811
BAKKEN	6-2018	30	24877	24753	20682	22984	20948	180
BAKKEN	5-2018	31	24053	24096	21856	24700	21080	1853
BAKKEN	4-2018	30	31906	32023	29649	30733	25578	1489
BAKKEN	3-2018	25	29123	29022	25612	24033	18503	2172
BAKKEN	2-2018	17	35695	36170	35355	23990	12653	7313
BAKKEN	1-2018	21	61186	60462	17719	38218	14291	17169