Daily Activity Report Site Not Yet Posted For February; WTI Settles Below $50; OPEC Rattled; Another Day With No New Permits? -- February 3, 2020

Other oil:

• Brent: $54.09
• OPEC basket: $58.94

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Back to the Bakken 

Active rigs:

$49.84	2/3/2020	02/03/2019	02/03/2018	02/03/2017	02/03/2016
Active Rigs	54	64	58	40	44

One new permit: #37359

• Operator: Whiting
• Field: Pronghorn (McKenzie)
• Comments: 
• Whiting has a single Helling permit in section 19-150-101, Pronghorn oil field;

Three permits renewed:
EOG (2): two Ross permits in Mountrail County
CLR: one Gordon Federal well in Dunn County

Two producing wells (DUCs) reported as completed:
35988, SI/NC, Slawson, Moray Federal 1 SLH, Big Bend, 16K over 13 days; see below:
32400, n/d, Slawson, Atlantis Federal 2-34-35H, Big Bend, 22K over 36 days; no recent documents at file report; see below;

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DUCs Reported As Completed

The well:

• 35988, SI/NC, Slawson, Moray Federal 1 SLH, Big Bend, 16K over 13 days; from the file report:

• API: 33-061-04402
• spud: April 18, 2019
• cease drilling: May 27, 2019
• middle Bakken;
• vertical drilled in 51.7 hours in three runs;
• vertical began on May 17, 2019
• reached KOP on May 19, 2019
• curve drilled in 18.9 hours; 
• curve landed 6' below the Shoal, at the target line, 1' high of the landing target
• lateral: started late at night, May 23, 2019
• target: 12 foot window just below the Shoal
• 100% drilled within zone; 15% drilled outside of the 12' target window
• TD: 20,700'; reached late in the evening, May 27, 2019
• gas: 206 - 3,676 units
• FracFocus: fracked 12/3/19 - 12/14/19; 13.25 million gallons water (a big frack); 91.1% water by mass;

Neighboring wells:

• 27887, 845, Slawson, Mustang 1 SLH, Big Bend, t9/14; cum 134K 11/19; unremarkable;
• 24873, 357, Slawson, Neptang 5-22-15TFH, Big Bend, t8/13; cum 312K 11/19; unremarkable; simply a great well;

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The well:

• 32400, n/d, Slawson, Atlantis Federal 2-34-35H, 33-061-03922; Big Bend, 22K over 36 days; from the file report:

• spacing: 2560-acre
• from FracFocus: fracked 10/30/19 - 11/14-19;  12.2 million gallons water (a big frack); 91.4% water by mass)

Neighboring wells:

• 32398, 535, Slawson, Atlantis Federal 5-34-35MLH, Big Bend, t7/19; cum 68K 11/19;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2019	17	9195	8815	38793	19123	9181	8875
BAKKEN	11-2019	9	3941	3874	28393	6668	950	5251
BAKKEN	10-2019	1	12	15	0	24	0	18
BAKKEN	9-2019	10	7873	7743	12503	12899	0	11995
BAKKEN	8-2019	31	45652	45781	82239	75833	0	70660
BAKKEN	7-2019	3	1283	718	11413	2073	0	1921

• 32399, 1,665, Slawson, Atlantis Federal 2 SLH, Big Bend, t8/19; cum 28K 11/19;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2019	1	183	1	1842	353	183	145
BAKKEN	11-2019	0	0	0	0	0	0	0
BAKKEN	10-2019	0	0	0	0	0	0	0
BAKKEN	9-2019	12	4124	4159	7881	4198	928	2766
BAKKEN	8-2019	29	23446	23010	850	22050	0	19342