Five DUCs Reported As Completed -- May 9, 2017

Active rigs:

$46.03	5/9/2017	05/09/2016	05/09/2015	05/09/2014	05/09/2013
Active Rigs	50	28	84	192	183

Four new permits:

• Operator: CLR
• Field: Elm Tree (McKenzie)
• Comments: NESE 25-153N-94W (see graphic below)

Fourteen permits renewed:

• Enerplus (12): Axe, Poblano, Vise, Cayenne, Anvil, Habanero, Calico, Bengal, Manx, Tabby, Siamese, and Persian permits renewed, all in Dun County
• Oasis (2): two Hanover Federal permits renewed

Five producing wells (DUCs) reported as completed:

• 14898, 279, Newfield, Gohrick 1, Helle Slough, t5/99; cum 127K 3/17; (we'll get back to this later)
• 29477, 970, CLR, Kukla 5-16H11, Chimney Butte, t5/17; cum -- (17398)
• 30512, 3,255, MRO, Gaynor 34-33H, Reunion Bay, t2/17; cum 53K 3/17; (18191: see this post)
• 30513, 2,830, MRO, Anton 34-33TFH, Reunion Bay, t2/17; cum 3K 3/17; (18191)
• 31849, 2,470,  MRO, Ronald 34-33TFH-2B, Reunion Bay, t2/17; cum 29K 3/17;(18191)

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If You Have One Well, You Will Probably Have Twelve 

Typo in graphic ("wels") noted; not gonna fix it.

Folks Have Been Requesting Graphics Of 320- And 160-Acre Density Drilling In The Bakken -- Here They Are

This comes from the October 2, 2013, CLR presentation which can be found at the company's website.

I am really, really thrilled to see this (again). Long before anyone else outside the industry said anything about increased density, the MDW opined that fracking results suggested that we would be seeing 500-foot lateral spacing someday in the Bakken.

That "someday" is here.