Thursday, September 5, 2019

XTO With Three New Lost Bridge Permits -- September 5, 2019

Doomsday: this is not really a "big box store" story, but ... over at this site, I track the demise of the "big box store / brick-and-mortar." 
  • running out of time, CNN, July 11, 2019
  • today, to close stores; refresh more than 160 of the company's stores; will liquidate up to $1 billion in inventory; link here
  • the company did not note tariffs in its press release (unless I missed it)
  • the company's problems began long before Trump's tariffs
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Back to the Bakken

Active rigs:
$56.199/5/201909/05/201809/05/201709/05/201609/05/2015
Active Rigs6264573375

Three new permits:
  • Operator: XTO
  • Field: Lost Bridge (Dunn County)
  • Comments: XTO has permits for a 3-well Carus Federal pad in lot 2/section 36-148-97, Lost Bridge oil field
Three permits canceled:
  • CLR: three LCU Jessie permits canceled, Jessie 2ND, 3ND, and 4ND
Six producing wells (DUCs) reported as completed:
  • 35978, 2,865, Newfield, Sturgeon 150-99-18-19-2H, South Tobacco Garden, t7/19; 13K over 8 days;
  • 36041, 1,384, Kraken, Coveleski 26-35 5H, Lone Tree Lake, t8/19; cum --;
  • 36042, 1,814, Kraken, Coveleski 26-35 LW 1H, Lone Tree Lake, t8/19; cum --;
  • 36043, 369, Kraken, ruffing 27-346H, Lone Tree Lake, t8/19; cum --;
  • 32399, 1,665, Slawson, Atlantis Federal 2 SLH, Big Bend, t8/19; cum --;
  • 32398, 535, Slawson, Atlantis Federal 5-34-35MLH, Big Bend, t7/19; cum --;

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