Active Rigs Hold Steady At 56 -- March 12, 2020

Before we get started, this is interesting. In yesterday's daily activity report, it was reported that a CLR Irgens Rexall permit was canceled:

• 37294, PNC, CLR, Irgens Rexall 12-19HSLI, Williams County, East Fork, SWSE 19-156-99; 346 FSL 2259 FEL;

In today''s daily activity report, among the new permits was this one: 

• 37446, conf, CLR,Irgens Rexall 11-19HSL1, Williams County, East Fork, SWSE 19-156-99; 571 FSL 2251 FEL;

The Director's Cut for March, 2020, is scheduled to be released next week, Tuesday, March 17, 2020, St Patrick's Day. It should be a great family day; everything has been canceled. 

Active rigs;

$31.13	3/12/2020	03/12/2019	03/12/2018	03/12/2017	03/12/2016
Active Rigs	56	64	60	45	32

Six new permits, #37441 - #37446, inclusive:

• Operator: Kraken (5); CLR;
• Field: Oliver (Williams); East Fork (Williams)
• Comments:
• CLR has a permit for an Irgens Rexall well in SWSE 19-156-99, East Fork oil field
• Kraken has permits for a 5-well King/Cass pas in SWSW 9-157-98, Oliver oil field
• in that drilling unit, one producing well running to the north:
• 21778, 328, Kraken, Cass 1-9H, Oliver, t7/12; cum 148K 1/20; 30 stages, 3 million lbs with ceramic;
• in that drilling unit, three producing wells running to the south:
• 35167, 1,169, Kraken, Cass Sutton LE 4-9 1TFH, Oliver, t5/19; cum 129K 1/20; a huge well, another example of where the daughter well did so much better than a parent well; apparently something that is unique to the Bakken listening to the shale experts; 60 stages; 10 million lbs;
• 35168, 889, Kraken, Cass 4-9 3H, Oliver, t4/19; cum 153K 1/20; 60 stages; 10 million lbs;
• 35169, 725, Kraken, Cass 4-9 2TFH, Oliver, t4/19; cum 131K 1/20; 60 stages; 10 million lbs;

Two oil and gas permits were renewed:

• EOG: one Liberty LR permit, #33434; and, one Clearwater permit, #36220; both in Mountrail County;

Eight older wells with a change of operator: from BTA oil producers to Scout Energy --

• file numbers
• oldest, #12764
• most recent, #13034
• all in Dunn County
• all were 8902 JV-P LKNMU wells: #1, 2, 3B, 4B, 5D, 6, 7, and 8