Sinclair With Three New Permits -- March 25, 2020

DAPL in limbo: federal judge orders full environmental impact study / review of the Dakota Access Pipeline; significant win for the Standing Rock Reservation say some; unclear whether DAPL can continue to operate during the review. Well, this is one way to cap production in the Bakken. CBR still on track (pun intended).

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Daily Activity Report

Active rigs:

$24.49	3/25/2020	03/25/2019	03/25/2018	03/25/2017	03/25/2016
Active Rigs	50	68	60	49	32

Three new permits, #37471 - #37473, inclusive --

• Operator: Sinclair
• Field: Lone Butte (McKenzie) (see below)
• Comments: 
• Sinclair has permits for a 3-well Saetz Federal pad in NWSE 36-147-98, Lone Butte oil field

One producing well (a DUC) reported as completed:

• 35438, SI/A, Hess, GO-Elvin Garfield-156-97-1918H-6, Dollar Joe, t--; cum 49K over 49 days; fracked 11/12/19 - 11/20/19; 7.5 million gallons of water; 87.83% water by mass; 0.08462 friction reducer; one of five wells on a 5-well pad; the parent well about a half-mile to the west:
• 21931, 427, Hess, GO-Elvin Garfield-156-97-1918H-1, Dollar Joe, t6/12; cum 146K 1/20; was off line 2.5 months; production went from 600 bbls/month to 1,500 bbls/month;

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Lone Butte Oil Field

Sinclair has two other producing wells sited in this section, including one targeting the Duperow formation, the other targeting the Bakken. Neither well is particularly remarkable.

Lone Butte oil field is composed of 46 sections, roughly rectangular, straddling the McKenzie-Dunn county border in southeast McKenzie County. It it notably inactive.