Active rigs:
| $65.49 | 5/18/2021 | 05/18/2020 | 05/18/2019 | 05/18/2018 | 05/18/2017 |
|---|---|---|---|---|---|
| Active Rigs | 19 | 14 | 66 | 61 | 52 |
Four new permits, #38316 - #38319, inclusive:
- Operator: Kraken
- Field: Sanish (Mountrail)
- Comments:
- Kraken has permits for four new KCH Murphy wells in lot 1 section 6-153-92;
- based on siting and existing wells it almost looks like these wells will be 640-acre spaced wells; sited in section 6 but running northwest to southeast in section 5; the surrounding area is "owned" by Whiting.
- 38316, KCH Murphy 31-30 4H, 403 FNL 745 FEL,
- 38317, KCH Murphy 31-30 5TFH, 403 FNL 712 FEL,
- 38318, KCH Murphy 31-30 6H, 403 FNL 679 FEL,
- 38319, KCH Murphy 31-30 7TFH, 403 FNL 646 FEL,
One permit renewed:
- Ovintiv: a Bernice permit in McKenzie County.
Bruce..... kraken operating has permits but no active drilling rig ?
ReplyDeleteNot yet. They had 24 or 25 new permits in 2020. So, one would think that they would be drilling soon. Permits expire after one year, but can easily be renewed.
DeleteMy nephew works for Kraken... He said they are trying to contract a drilling rig to work on their holdings. Getting harder to get a rig....
ReplyDeleteVery, very interesting. That might explain a few things.
DeleteMy hunch is Kraken is lining up enough permits to keep a dedicated drilling unit busy....
ReplyDeleteThe best metric to follow in the Bakken is NOT the number of active rigs, but the number of operators with at least one active rig. It will be great to see Kraken with an active rig. Maybe sometime in June, 2021?
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