Director's Cut, May data, released.
Director's Cuts are tracked here.
Disclaimer applies.
DUCs and wells off-line for operational reasons tracked here.
Producing wells:
- new all-time high, this month, May, 2023: 17,913 producing wells.
- also, see story in Minot Daily News.
- the North Dakota Department of Mineral Resources reported the state had 17,913 (preliminary number) producing wells in May.
- the previous all-time high was 17,791 producing wells in October 2022.
- of that total number, 15,622 or 87% are unconventional Bakken/Three Forks wells and 2,291 or 13% are produced from legacy conventional pools.
Highlights.
- active rigs
- 36: due to workforce; mergers, acquisitions
- expected to the mid-forties with gradual increase over next two years;
- crude oil production:
- May, 2023: 1,133,530 bpod
- April, 2023: 1,135,763 bopd
- crude price:
- today: $71.25
- May, 2023; $65.82
- April, 2023: 75.23
- natural gas:
- May, 2023: 3,156,374, MCF/day
- April, 2023: 3,119,451 MCF/day
- wells permitted:
- June: 85
- May: 63
- April: 89
- DUCs:
- May: 459
- April: 458
- inactive:
- May: 1,779
- April, 1,899
- completed:
- June: 85 (preliminary)
- May: 138 (preliminary)
- April: 51 (preliminary)
- producing:
- May, 2023: 17,913 (new all-time high)
- April: 17,768
******************************
Daily Report
Active rigs: 37
WTI: $75.42. Down almost 2% on the day; down $1.47 on the day.
- Murban crude: $80.68.
Five new permits, #40041 - #40045, inclusive:
- Operator: CLR
- Field: Antelope (McKenzie)
- Comments:
- CLR has permits for five Quale Federal wells in SENW 1-152-94;
- to be sited between 2049 FNL and 2181 FNL and between 2188 FWL and 2310 FWL
Permitted for pilot projects:
- 40040, Resonance Exploration; Bottineau, water injection
- 40046, Resonance Exploration; Bottineau, water injection
Four permits renewed:
BR
Two producing wells (DUCs) reported as completed:
- 39075, 133, Crescent Point Energy, CPEUSC Szarka 3-36-25-159N-100W-MBH
- 36424, no IP, XTO, Linda 41X-22C, Williams County
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