Crescent Point Energy Cancels 18 Permits; Oasis With Four New Permits; Five DUCs Reported As Completed -- February 7, 2023

Active rigs: 46.

WTI: $77.47.

Natural gas: $2.585.

Four new permits, #39642 - #39645, inclusive:

• Operator: Oasis
• Field: Squires
• Comments:
• Oasis has permits for two Streamsong wells and two Maridoe wells, NWNW 17-155-102; 
• to be sited 289 FNL and between 515 FWL and 650 FWL

Eighteen permits canceled:

• Crescent Point Energy: six in Burg oil field; six in Blue Ridge; two in Rainbow; four in Dublin oil field.
  

Five producing wells (DUCs) reported as completed:

• 37654, 550, Petro-Hunt, Jorgenson 158-94-12C-1-1HS, East Tioga,

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2022	8	2560	2033	10658	2345	2058	231

• 38589, 3,725, MRO, Amos 31-18TFH, Bailey (the Bailey oil field is well known for its halo effects; let's see how this plays out in the future):
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2022	26	11075	10994	14546	14076	13420	14
BAKKEN	11-2022	29	15567	15577	17935	18430	16687	1039
BAKKEN	10-2022	31	23740	23682	26128	26385	23714	1601
BAKKEN	9-2022	30	26497	26480	33624	23700	21859	0
BAKKEN	8-2022	31	26041	26075	39442	22894	20612	441
BAKKEN	7-2022	31	27716	27844	42672	23495	21452	0
BAKKEN	6-2022	29	44035	43799	62967	34193	30805	225
BAKKEN	5-2022	1	92	0	1027	85	0	60

• 39013, 1,150, Kraken, Wilhelm 16-21 5H, Lone Tree Lake, no production data,
• 39014, 1,195, Kraken, Wilhelm 16-2 1H, Lone Tree Lake, no production data, 
• 39015, 966, Kraken, Feller 15-22 7H, Lone Tree Lake, no production data,