Twenty-Three Permits Renewed; Four DUCs Reported; Three New Permits -- July 7, 2020

API week crude oil storage estimate:

• estimate forecast: an inventory draw of 3.114 million bbls
• actual estimate: a build of 2.048 million bbls

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Active rigs:

$40.57	7/7/2020	07/07/2019	07/07/2018	07/07/2017	07/07/2016
Active Rigs	10	58	64	56	30

Three new permits, #37702 - #37704, inclusive:

• Operator: Whiting (2); Petro-Hunt
• Field: Sanish (Mountrail); Charlson (McKenzie)
• Comments: 
• Whiting has permits for a two-well Lacey pad in NESE 2-152-92, 350' FEL and about 1900' FSL; Sanish oil field
• Petro-Hunt has a permit for a USA well in NWNW 14-153-95, 195' FNL and 1166' FWL; based on the name of this well, it will be a long lateral (1280-acre spacing) running north into sections 11 and 2;

Twenty-three permits renewed:

• CLR (10): two of each of the following: Dennis, Flint Chips (all four in Dunn County); Berlain (both in McKenzie); Charleston and Olympia (all four in Williams County);
• CPEUSC (8): four CPEUSC Narcisse permits; four CPEUSC Austin permits5, Williams County
• Lime Rock (3): three Harlson Rebsom permits in Dunn County
• EOG (2): two Austin permits in Mountrail County (spelled incorrectly on the DAR)

Four producing wells (DUCs) reported as completed:

• 35557, SI/A, Oasis, Bobby 5502 14-2 8BX, Squires, t--; cum 19K in 1.5 months;
• 34826, drl/A, Hess, HA-Nelson A-152-95-3427H-9, Hawkeye, t--; cum 70K in 2.5 months;
• 34827, drl/A, Hess, HA-Nelson A-152-95-3427H-8, Hawkeye, t--; cum 68K in 3 months;
• 34828, drl/A, Hess, HA-Nelson A-152-95-3427H-7, Hawkeye, t--; cum 82K in 3 months;

Production data:

34828:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	5-2020	31	20788	20761	12216	34159	33002	1157
BAKKEN	4-2020	30	25191	25491	17120	47714	43833	3881
BAKKEN	3-2020	31	36111	35676	28034	68920	29843	39077
BAKKEN	2-2020	0	0	0	0	0	0	0

34826:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	5-2020	31	25670	25615	11993	45385	43848	1537
BAKKEN	4-2020	30	26953	27019	12291	45494	41793	3701
BAKKEN	3-2020	18	17509	17298	8300	31900	13813	18087

34827:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	5-2020	31	18992	18987	15081	43147	41686	1461
BAKKEN	4-2020	30	26722	26853	18314	49853	45797	4056
BAKKEN	3-2020	24	22724	22450	19185	42166	18258	23908

35557:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	0	0	0	0	0	0	0
BAKKEN	3-2020	13	8725	9133	14767	6697	6190	197
BAKKEN	2-2020	29	9801	9287	10526	8220	6387	1543