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Monday, March 18, 2024

In Late Afternoon Trading, WTI At $82.80 -- Four New Permits; One DUC Reported As Completed -- March 18, 2024

Locator: 46798INV.

No recommendations; see disclaimers.


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The Daily Activity Report

WTI: $82.72.

Active rigs: 39.

Four new permits, #40599 - #40602, inclusive:

  • Operators: WPX (2); True Oil (2):
  • Fields: Moccasin Creek (Dunn County); Bowline (McKenzie)
  • Comments:
    • WPX has permits for two Paul Peter Coffee wells, NWNE 35-148-93; 
      • one to be sited 285 FNL and 1553 FEL; 
      • the other to be sited 260 FNL and 1536 FEL;
    • True Oil has permits for two Slash Federal wells, 
      • both to be sited 215 FSL with one to be sited 1144 FEL and the second, 1112 FEL;

One producing well (a DUC) reported as completed:

  • 36579, 952, XTO, Tong 34X-9A, Midway;
    • well of interest:
      • 22978, 603, XTO, Tong 34X-9B, Midway, t12/12; cum 95K 7/23; off line since 7/23; stimulated 12/1/12; 30 stages; 69,735 bbls; 272,916 lbs proppant;

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