MRO Reports Three Huge Wells -- Interesting Frack Data Noted -- October 27, 2020

OPEC basket, drops below $40. 

Active rigs:

$38.94	10/27/2020	10/27/2019	10/27/2018	10/27/2017	10/27/2016
Active Rigs	14	57	67	53	35

Four new permits, #37926 - #37929, inclusive:

• Operator: BR
• Field: Pershing (McKenzie)
• Comments:
• BR has permits for a 4-well Boxer/Parris pad in Lot 2, section 6-149-96; all 245' FNL and from 2536' FEL to 2378' FWL

Two permits renewed:

• Enerplus: one Hall permit, McKenzie County;
• EOG: one Hawkeye permit, McKenzie County:

Three MRO producing wells (DUCs) reported as completed, these wells will now be tracked here:

• 37282, drl/A, MRO, Dragswolf USA 34-10TFH, Antelope-Sanish, t--; cum 42K 8/20; 33-053-09323; FracFocus with no frack data; still no frack data, January 2, 2021;
  
• 37285, drl/A, MRO, Jacobson USA 44-10H, Antelope-Sanish, t--; cum --; 33-053-09326; fracked 7/24/20 - 8/10/20; 6.1 million gallons of water; 58.7% water by mass; with 25.9% produced water by mass;
  
• 37286, drl/A, MRO, Strand USA 44-10TFH-2B, Antelope-Sanish, t--; cum --; 33-053-09327; fracked 7/24/20 - 8/9/20; 7.0 million gallons; 70.2% water by mass;
  

Note the small fracks (where frack data is provided), but more interestingly, note the small amount of water by percentage used in the frack. We saw this with Enerplus wells the other day, but this is even more extreme: in one case, only 58.7% by mass, and in the other case, 70.2% water by mass; completion strategies are tracked here;

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Early Production For DUCs Reported Above

37286, 14,915 bbls over 7 days extrapolates to 63,921 bbls over 30 days;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	8-2020	7	14915	14562	15149	10395	9330	203

37282, 41,992 bbls over 12 days extrapolates to 104,980 bbls over 30 days:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
SANISH	8-2020	12	41992	40998	34523	52701	40706	9505