Thirteen New Permits; Seven DUCs Reported As Completed -- April 6, 2023

Locator: 44322B.  

Being played? Russia said it was cutting production 500,000 bopd through the rest of the year; most recent data suggests Russia exported at record levels; 

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Back to the Bakken

Locator: 44322B.  

Active rigs: 43.

WTI: $80.70.

Natural gas: $2.011.

Thirteen new permits, #39795 - 39807, inclusive:

• Operators: Enerplus (7); BR (6);
• Fields: Eagle Nest (McKenzie); Twin Valley (McKenzie); Elidah (McKenzie)
• Comments:
• Enerplus has permits for seven wells on the "Gemstone Pad" in Eagle Nest; lot 4 section 31-149-94; Sapphire, Ruby, Topaz, Garnet, Diamond, Opal, and Pearl; 
• to be sited between 297 FSL and 355 FSL and between 312 FWL and 514 FWL
• BR has six permits for various wells in NESE 17-152-97;  
• to be sited 1660 FSL and between 375 FEL and 600 FEL; the wells: Carlsbad (2); Carlzama; and Mazama (3);

It's hard to believe, but those Enerplus permits are the first permits for Enerplus this calendar year (2023).

One permit was renewed:

• 37571, CLR, Thorvald 11-6H1,

Seven producing wells (DUCs) reported as completed:

• 38997, 219, Slawson, Blizzard Federal 1-13H,
• 37013, 1,072, CLR, LCU Ralph Federal 4-27H,
• 38980, 908, Murex, TL-Kyle Donovan 15-22H MB,
• 38982, 573, Murex, TL-Pattie Ann 100-3H MB,
• 38983, 691, Murex, TL-Kory Dale 100-3H MB,
• 38984, 1,134, Murex, TL-Andrea Faye 15-22H MB,
• 38820, 73, Crescent Point Energy, CPEUSC DeFrance 5-12-1-158N-100W-MBH,

Dry hole:

• 38247, Ovintiv, Kramer 150-97-18-19-5H, file report not helpful; lateral 1 and sidetrack 1; completion not attempted; plugged and abandoned.

Change of operator, approximately 50 wells:

• from EOG to Grayson Mill
• it appears Grayson Mill acquired all of EOGs existing wells in Williams County.