WTI Closes Above $60; Active Rig Count At 17; Hess With Four More Permits -- April 13, 2021

Apple, Inc., special event: April 20, 2021; 10:00 a.m. PDT. 

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Back to the Bakken

Active rigs:

$60.18	4/13/2021	04/13/2020	04/13/2019	04/13/2018	04/13/2017
Active Rigs	17	36	63	60	51

Four new permits, #38259 - #38262, inconclusive:

• Operator: Hess
• Field: Blue Buttes (McKenzie)
• Comments:
• Hess has permits for four new BB-Olson wells in NWNE 8-150-95
• the wells will be sited between 761' and 860' FNL and 1668' FEL
• the Hess BB-Olson wells are tracked here;
• it will be interesting to see if the daughter wells do better than the parent wells; experts all agree that the daughter wells will not do as well as the parent wells;
• note these two huge wells in the immediate area:
  
• 20591, 2,656, QEP, Jones 4-15/22H, Blue Buttes, t4/012; cum 664K 2/21; huge well;
  
• 29329, 2,291, QEP, Jones 15-22-16-21LL, Grail, t9/15; cum 558K 2/21; huge well;

Ten permits renewed:

• Enerplus (8): the following permits, all in Dunn County -- Hatch, Paprika, Chimayo, Diablo, Madrigal, Quartet, Opera, and Rhythm;
  
• Lime Rock Resources (2): two State Dvorak permits in Dunn County;
  

Change of operator, from Samson Oil and Gas USA, Inc, to Eagle Operating, Inc:

• about 31 older wells,
• all in McKenzie County