Tuesday, August 12, 2025

Six New Permits, Five Permits Renewed, Seven Permits Canceled, Three DUCs Reported As Completed -- August 12, 2025

Locator: 48837B.

At the close:

Trinidad back in the news, but before we get started, which has the bigger presence, Shell or XOM? Will now be tracked here.

Shell clearly has the substantially larger and operational oil/gas presence in Trinidad today—active production, processing, LNG, and government payments. ExxonMobil, conversely, is making an exploratory return; its impact depends entirely on the outcome of deepwater exploration yet to begin.

  • XOM could invest as much as $22 billion, link here:
  • this is a nice summary of that area from February, 2025; link here.

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Back to the Bakken

WTI: $63.17.

Active rigs: 35. Looking ready to get those wells drilled before winter sets it!

Six new permits, #42204 - #42209, inclusive;

  • Operators: Silver Hill Energy (3); Murfin Drilling (3)
  • Fields: Cottonwood (Burke County); St Anthony (Dunn County)
  • Comments:
    • Murfin Drilling has permits for three Steffan wells, SESE 7-141-97, 
      • to be sited 370 FSL and 280 / 340 FEL;
    • Silver Hill Energy has permits for three wells, SWSW 4-158-92 (the Texas E, the Nebraska E, and the Minnesota E wells), 
      • to be sited 453 FSL and 337 / 442 FWL.

Five permits renewed:

  • BR: two Kirklandfill permits; three Morganfill permits.

Seven permits canceled:

  • KODA Resources (4): four Bock permits, Divide County;
  • BR (3): a Catalina and a Hawktail in Dunn County; and an Ole permit in McKenzie County;

Three producing wells (DUCs) reported as completed:

  • 40516, 1,274, BR, Keene 14-36 TFH, Dunn County;
  • 41120, 489, Oasis, Sawtooth Federal 5202 24-30 6B, McKenzie County;
  • 41205, 605, Silver Hill Energy, Ringneck W 159-94-11-23 3MBHX, Burke County.