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Wednesday, September 4, 2019

Off The Radar Scope -- September 4, 2019

A reminder from a previous post, back on June 7, 2019:
Peregrine: this is the information I have on Peregrine over at "Bakken operators" --
Peregrine Petroleum Partners, LTD: website
  • acquires producing and non-producing property in the heart of the Bakken; to include 22 producing wells, March 9, 2019;
  • acquiring royalty property in Divide County, press release, March 3,  2018
  • May 6, 2016: a permit for a well in Hay Draw field, McKenize County
  • April 16, 2015: Peregrine Petroleum: has six permits in North Dakota; the previous five were back in the early 1990's; this is the first new permit in North Dakota in two decades for Peregrine:
    • Case (not a permit) 23920, Peregrine Petroleum, Covered Bridge-Bakken, establish a 1280-acre unit; 4 wells, McKenzie; Covered Bridge is a 3-section field in south central McKenzie County, far from the sweet spots in McKenzie; Peregrine did have some Bakken wells back in the 1990's; there is a huge Birdbear well in this little section that has produced almost 500,000 bbls since 1983; a stripper well now
  • March 13, 2015: Peregrine drilled five (5) Bakken wells many years ago; all very short horizontal wells in the far south-central/west McKenzie County (currently not much activity); they are all still active and producing, albeit very, very little; this is the company's first permit in North Dakota since 1993
That was posted to note that Peregrine is now drilling this well in Covered Bridge:
  • 36558, conf, Peregrine, Larson 15-10 1H, Covered Bridge, section 15-146-102; the company is drilling a SWD in the same immediate area;

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