Monday, August 15, 2022

Five New Permits; Three DUCs Reported As Completed; Nat Gas Prices Moving Again -- August 15, 2022

Weber: link here.


XTO: West Capa. A reader noted that CLR drilling in another "XTO-drilling unit." I guess we'll need to "tag" these posts; XTO_Divest_2022. In this case, the drilling units:

  • drilling unit:
    • XTO parent well: #18894 (Woodrow)
    • CLR daughter well: #39085
  • drilling unit, to the west:
    • XTO parent well: Christiana, #20062
      CLR "Roxy": #38938

Not enough land:

  • The link has long been lost / broken, but XOM provided a very, very excellent analysis about ten years ago when I first started blogging, saying the very same thing: link here

Permian: on track for record September production: link here

EIA dashboards:

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Back to the Bakken

WTI: $88.42. Big pullback today. Nothing to really explain the pullback.

Natural gas: $8.820. Natural gas appears to be starting to "move" again.

Active rigs: 47.

Five new permits, #39166 - #39170, inclusive:

  • Operator: WPX
  • Field: Big Bend (Mountrail)
  • Comments:
    • WPX has permits for five neew Pennington wells, SWSE 8-152-92; 
      • to be sited between 766 FSL and 837 FSL and between 2249 FEL and 2345 FEL

Three producing wells (DUCs) reported as completed:

  • 38577, 246, Slawson, Liightning Federal 4-24-13TFH,
  • 38578, 315, Slawson, Raiinmake Federal 8-25-36TFH,
  • 36675, 3,303, Grayson Mill (Equinor), Larsen 10-3 7HH, 

Name changes: it appears Petro-Hunt is changing nomenclature to better describe wells; perhaps it's always been doing this and I simply missed it, or simply forgot. It's been an exhausting two weeks. Two examples:

  • old:
    • Arsenal 7-17-20H
    • Arsenal 6-17-20H
  • new:
    • Arsenal Federal 149-102-17A-20-3H,
    • Arsenal Federal 149-102-17A-20-2H,