Kraken With Six New Permits -- September 27, 2022

Streaming: link here. Streaming wars.

Streaming wars: who owns what?

Important on many levels. From February 7, 2022.

Netflix: makes sense.

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Back to the Bakken

Active rigs: 46.

WTI: $78.23.

Natural gas: $6.62.

Gasoline: $2.489.

Six new permits, #39271 - #39276, inclusive:

• Operator: Kraken:
• Field: Burg (Williams); Ellisville (Williams)
• Comments:
• Kraken has permits for six Sumner wells, SESW 1-158-99, 
• to be sited 341 FSL and between 2252 FWL and 2417 FWL

Twelve permits renewed:

• Petro Harvester Operating (10): four FLX permits; four LIG permits and one PTL permit, and one Tafelmeyer permit, all in Burke County;
• Rimrock (2): two Two Shields Butte permits in Dunn County;

Six producing wells (DUCs) reported:

• 31036, 506, Whiting, Westin TTT 11-25H, Sanish, t--; cum 12K 7/22;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2022	31	11546	11636	17184	9156	6584	2514
BAKKEN	6-2022	6	144	0	6958	10	0	0

• 37540, 136, BR, Faye 3B MBH, Elidah, no production data, 
• 36243, 40, BR, Stortroen 1D MBH, Dimmick Lake, minimal production;
• 36986, 795, CLR, LCU Truman Federal 2-23HSL, Long Creek, no production data, 
• 38565, 471, Hunt, Halliday 145-93-15-22H 4, Lake Ilo, no production data, 
• 35753, 1,212, XTO, Tom State 34X-1E2, Allkali Creek, t--; cum 46K 7/22;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2022	25	19854	19879	29028	36386	34923	1403
BAKKEN	6-2022	26	22492	22389	33716	38476	37396	1021
BAKKEN	5-2022	4	3567	3481	4727	5437	5158	270
BAKKEN	4-2022	0	0	0	0	0	0	0
BAKKEN	3-2022	0	0	286	0	0	0	0
BAKKEN	2-2022	4	286	0	3975	662	0	662

Another well with a permit that was PNC'd. We're seeing a lot of this lately, as of 2022:

I talked about this "phenomenon" years ago, predicting exactly that this would happen. A reader called me an idiot -- LOL -- at the time.