Kraken With Four New KCH Murphy Permits In Sanish Oil Field -- May 18, 2021

Active rigs:

$65.49	5/18/2021	05/18/2020	05/18/2019	05/18/2018	05/18/2017
Active Rigs	19	14	66	61	52

Four new permits, #38316 - #38319, inclusive:

• Operator: Kraken
• Field: Sanish (Mountrail)
• Comments:
• Kraken has permits for four new KCH Murphy wells in lot 1 section 6-153-92;
• based on siting and existing wells it almost looks like these wells will be 640-acre spaced wells; sited in section 6 but running northwest to southeast in section 5; the surrounding area is "owned" by Whiting.
  
• 38316, KCH Murphy 31-30 4H, 403 FNL 745 FEL,
• 38317, KCH Murphy 31-30 5TFH, 403 FNL 712 FEL,
• 38318, KCH Murphy 31-30 6H, 403 FNL 679 FEL,
• 38319, KCH Murphy 31-30 7TFH, 403 FNL 646 FEL,
  

One permit renewed:

• Ovintiv: a Bernice permit in McKenzie County.

WPX Eagle Nest Well With Nice Jump In Production -- May 18, 2021

Link here.

The well:

• 18419, 510, WPX, Bearstail 32-29H, Eagle Next, t2/12; cum 356K 3/21;

Recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2021	31	3673	3684	2648	5651	5087	0
BAKKEN	2-2021	28	3463	3449	2717	5296	478	4293
BAKKEN	1-2021	31	4700	4751	2711	7186	0	6515
BAKKEN	12-2020	31	5316	5294	5940	8128	386	7003
BAKKEN	11-2020	30	5465	5432	3048	8357	3102	4505
BAKKEN	10-2020	24	4653	4523	1679	7114	2382	4106
BAKKEN	9-2020	0	0	0	0	0	0	0
BAKKEN	8-2020	0	0	0	0	0	0	0
BAKKEN	7-2020	0	0	0	0	0	0	0
BAKKEN	6-2020	0	0	0	0	0	0	0
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	0	0	0	0	0	0	0
BAKKEN	3-2020	0	0	0	0	0	0	0
BAKKEN	2-2020	0	0	0	0	0	0	0
BAKKEN	1-2020	0	0	0	0	0	0	0
BAKKEN	12-2019	0	0	0	0	0	0	0
BAKKEN	11-2019	0	0	0	0	0	0	0
BAKKEN	10-2019	0	0	0	0	0	0	0
BAKKEN	9-2019	24	829	1189	410	1967	1714	0
BAKKEN	8-2019	31	1567	1504	453	2987	2523	126

An Old Kraken Well With 10-Fold Jump In Production -- Carter Matthew -- Sanish -- May 18, 2021

Link here.

US LNG Exports -- May 18, 2021

US LNG export terminals are followed here.

Just Another Wonderful Day In The Bakken -- May 18, 2021

So, how often do you see 150K bbls crude oil cumulative in a chart that is less than five full months? Wow.

Remember when Bakken wells had EURs of 300K?  

MRO hitting on all cylinders. 

MRO adds Chimney Butte to Bailey and Reunion Bay to their stable of incredible plays.

The well:

• 36993, 3,442, MRO, Leiderbach 11-27H, Chimney Butte, middle Bakken, 2560-acre spacing, 33-025-03925, t11/20; cum 153K 3/21;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2021	31	25154	25003	24045	31317	29372	96
BAKKEN	2-2021	28	27983	27812	27072	28989	27006	0
BAKKEN	1-2021	31	34470	34510	37764	29440	27028	0
BAKKEN	12-2020	30	34555	35073	47598	27910	25473	25
BAKKEN	11-2020	15	30531	29348	53859	24473	22366	0

FracFocus: 11/5/20 - 11/11/20. A six-day frack? 8.8 million gallons of water; 55.5% fresh water by mass; 31.1% produced water by mass;