Active Drilling Rigs – November 2010

Since our last report 2 months ago the number of active drilling rigs has increased  10% to 158 total rigs.  Despite the challenging economic environment,  oil and commodities have continued to creep higher over the last 2 months.   Crude topped out above $86 about a week ago and now has drifted back to $84 as of Tuesday morning.    The XLE ETF has gone from the low $50’s to a short term high of  $63.89 earlier this month.   There is some overall concern about the market in general with a number of technical indicators showing that we may be facing some headwinds for the next 6 months as global economic issues such as sovereign debt in Ireland and Portugal take the forefront.    Continental Resources (CLR: 32.68 -1.39%) continues to be the Bakken leader with 20 active drilling rigs adding one since our last count.   Whiting Petroleum (WLL: 4.40 -5.58%)  & Brigham Exploration (BEXP: N/A N/A)  both are unchanged since our last count 2 months ago.     The number of smaller players standing up 1-2 rigs seems to be increasing with every month that goes by.  Given the premium that most Bakken stocks now hold compared to their offshore counterparts,  there may be a chance that acquisitions of these smaller private players may increase.

Operator Well Name and Number Current Location
ABRAXAS PETROLM CORP. STENEHJEM 27-34-1H NENE 27-150N-97W
AMERICAN OIL & GAS INC TWILIGHT 1-24H SWSW 24-156N-99W
AMERICAN OIL & GAS INC DAHL 15-22H SWSE 22-156N-97W
AMERICAN OIL & GAS INC HAUG 14-19H SESW 19-156N-98W
AMERICAN OIL & GAS INC FOSS FAMILY TRUST 15-23H SWSE 23-156N-97W
ANSCHUTZ EXPL CORP STATE KNOPIK 1-21-16H-144-97 SWSE 21-144N-97W
ANSCHUTZ EXPL CORP STATE 1-16-21H-143-96 SWSE 9-143N-96W
ANSCHUTZ EXPL CORP ALFRED SADOWSKY 1-36-1H-141-96 NENW 36-142N-96W
ANSCHUTZ EXPL CORP ALINA TORMASCHY 1-32-29H-143-96 SWSE 32-143N-96W
ANSCHUTZ EXPL CORP FISHER STATE 1-21-16H-142-97 SESW 21-142N-97W
BAYTEX ENERGY USA LTD OBRIEN SWD 1-7 SWSW 7-161N-97W
BAYTEX ENERGY USA LTD HANSEN 6-7-162-99H NENE 18-162N-99W
BAYTEX ENERGY USA LTD LARSEN 8-162-99H NWNW 8-162N-99W
BERENERGY CORP GLENBURN NORTH MADISON UNIT 36-1H NENE 36-159N-82W
BRIGHAM OIL & GAS LP BROWN 30-19 1-H SWSE 30-156N-93W
BRIGHAM OIL & GAS LP GIBBINS 1-12 #1-H LOT2 1-152N-104W
BRIGHAM OIL & GAS LP LLOYD 34-3 #1-H NWNE 34-151N-100W
BRIGHAM OIL & GAS LP MACMASTER 11-2 #1-H NWNE 14-156N-103W
BRIGHAM OIL & GAS LP SORENSON 29-32 #2-H SESE 20-155N-92W
BRIGHAM OIL & GAS LP AFSETH 34-3 1-H NWNW 34-158N-91W
BTA OIL PRODUCERS LLC 20711 ERICKSON 3130 1-H SESW 31-155N-99W
BURLINGTON RES O&G CO SUNLINE 11-1MB-3SH LOT 4 1-151N-96W
BURLINGTON RES O&G CO FRANKLIN 24-36H SESW 36-147N-97W
BURLINGTON RES O&G CO INGA 24-12H SESW 12-148N-98W
BURLINGTON RES O&G CO STAFFORD 13-34H NWSW 34-151N-95W
BURLINGTON RES O&G CO CLEETWOOD 11-27H NWNW 27-152N-97W
CONTINENTAL RESOURCES NORWAY 1-5H NENW 5-150N-96W
CONTINENTAL RESOURCES RHONDA 2-28H SESE 28-146N-96W
CONTINENTAL RESOURCES BUD 1-19H NENW 19-153N-99W
CONTINENTAL RESOURCES SEATTLE 1-35H SWSE 35-152N-100W
CONTINENTAL RESOURCES HARTFORD 1-19H SWSE 19-155N-97W
CONTINENTAL RESOURCES HE 1-20H SWSE 20-151N-97W
CONTINENTAL RESOURCES SALVESON 1-7H SWSE 7-159N-96W
CONTINENTAL RESOURCES KLEIST 1-35H SESW 35-161N-96W
CONTINENTAL RESOURCES MORRIS 3-26H SESW 26-147N-96W
CONTINENTAL RESOURCES BUELINGO 1-20H SWSE 20-153N-94W
CONTINENTAL RESOURCES NORDENG 1-8H SESW 8-151N-97W
CONTINENTAL RESOURCES CODY 13-21NH NWSW 21-130N-106W
CONTINENTAL RESOURCES SKACHENKO 3-31H SWSE 31-146N-95W
CONTINENTAL RESOURCES HAAG 1X-21H SESW 21-144N-99W
CONTINENTAL RESOURCES MUIR 1-7H SESW 7-160N-96W
CONTINENTAL RESOURCES MISSOULA 1-21H SESW 21-152N-100W
CONTINENTAL RESOURCES MCCOY 2-18H SWSW 7-159N-95W
CONTINENTAL RESOURCES FASCHING 1-22H NENE 22-155N-104W
CONTINENTAL RESOURCES TEMPE 1-29H NENW 29-161N-96W
CONTINENTAL RESOURCES OMAR 4-12H SWSW 12-159N-95W
CORNERSTONE NAT RES LLC POMEROL STATE 7-36H SESE 36-159N-90W
ENCORE OPERATING LP NELSON 41-5H LOT1 5-152N-94W
ENCORE OPERATING LP THOMPSON 31-11NWH NWNE 11-153N-96W
ENCORE OPERATING LP SATTER 44-34SWH SESE 34-151N-98W
ENCORE OPERATING LP HOFFMANN 149-98-1-12-1H LOT 3 1-149N-98W
EOG RESOURCES INC LIBERTY LR 16-36H NWNW 36-151N-91W
EOG RESOURCES INC BEAR DEN 07-17H SESE 17-150N-94W
EOG RESOURCES INC SIDONIA 12-0718H LOT1 7-158N-90W
EOG RESOURCES INC AUSTIN 102-05H SWSE 5-154N-90W
EOG RESOURCES INC CLEARWATER 23-3025H NESE 30-157N-90W
EOG RESOURCES INC CROWFOOT 35-3031H NENW 30-158N-89W
EOG RESOURCES INC CLEARWATER 11-1807H SESE 18-157N-90W
EOG RESOURCES INC LIBERTY LR 19-23H SWSE 23-151N-91W
EOG RESOURCES INC ROUND PRAIRIE 9-3625H SESE 36-154N-103W
EOG RESOURCES INC ROSS 27-2728H SESW 27-156N-92W
EOG RESOURCES INC ROUND PRAIRIE 5-0904H SWSE 9-154N-103W
FIDELITY EXPL & PROD CO KOSTELECKY 31-6H LOT2 6-139N-97W
G3 OPERATING LLC SIIRTOLA 1-28-33H NWNW 28-157N-102W
HALEK OPERATING ND WEST DICKINSON 1 CS2NE 6-139N-96W
HELIS OIL & GAS CO. LLC HENDERSON 16-34/27H SESE 34-150N-95W
HESS CORPORATION EN-LALIM A-156-94- 27H-1 NWNW 34-156N-94W
HESS CORPORATION EN-WILL TRUST B-157-94- 2635H-3 NENW 26-157N-94W
HESS CORPORATION EN-DOLAN-157-94- 2833H-2 SWSE 21-157N-94W
HESS CORPORATION EN-URAN A-154-93 2215H-1 SWSE 22-154N-93W
HESS CORPORATION EN-HEINLE-156-94- 2536H-3 NWNE 25-156N-94W
HESS CORPORATION BB-CHAPIN A-151-95- 0403H-1 NWSW 4-151N-95W
HESS CORPORATION RS-NELSON FARMS A-156-90- 2829H-3 NWSW 27-156N-90W
HESS CORPORATION AN-BRENNA-153-94- 3130H-1 SESW 31-153N-94W
HESS CORPORATION EN-TRINITY-154-93- 2833H-1 SWSE 21-154N-93W
HESS CORPORATION EN-WEYRAUCH-154-93- 1918H-2 SWSE 19-154N-93W
HESS CORPORATION EN-WEFALD-156-94- 1324H-1 NENW 13-156N-94W
HUNT OIL COMPANY HALLIDAY 1-15-22H 1 NWNW 15-145N-93W
HUNT OIL COMPANY MCALMOND 1-35-26H 1 SWSE 35-155N-89W
HUNT OIL COMPANY SHELL 1-35-26H 1 SESW 35-153N-89W
KODIAK OIL & GAS (USA) INC KOALA 9-5-6-12H3 NESE 5-151N-99W
KODIAK OIL & GAS (USA) INC TWO SHIELDS BUTTE 2-24-12-2H NWNE 24-149N-93W
MARATHON OIL CO GERTRUDE TUHY 34-24H SWSE 24-146N-95W
MARATHON OIL CO TAT USA 13-23H NESE 22-151N-94W
MARATHON OIL CO ELK USA 11-17H NWNW 17-150N-92W
MARATHON OIL CO TRINKA 41-18H NENE 18-145N-93W
MARATHON OIL CO RMJK 31-26H NWNE 26-151N-93W
MARATHON OIL CO ERNEST CHARCHENKO 34-33H SWSE 33-144N-96W
MUREX PETROLEUM CORP VANESSA ABIGAIL 33-28H SWSW 33-157N-95W
MUREX PETROLEUM CORP RYAN CURTIS 33-4H NWNW 33-159N-95W
NEWFIELD PROD CO 1-H SANDHILL 25-36 NWNW 25-156N-99W
NEWFIELD PROD CO 1-H MANOLO 21-16 SWSE 21-156N-99W
NEWFIELD PROD CO SAND CREEK FEDERAL 1-23H SWSE 23-153N-96W
NEWFIELD PROD CO STAAL 150-99-26-35-1H SESW 23-150N-99W
NORTH PLAINS ENERGY LLC SORENSON FEDERAL 15-5H SWSE 5-153N-96W
NORTH PLAINS ENERGY LLC COLLYER 9-8H NESE 8-159N-97W
OASIS PETRO NO AMER DEVON 5601 12-17H NENW 17-156N-101W
OASIS PETRO NO AMER HAGEN 5792 44-31H SESE 31-157N-92W
OASIS PETRO NO AMER GRIMSTVEDT 5703 42-34H SESW 34-157N-103W
OASIS PETRO NO AMER HOLMES 5601 44-32H SESE 32-156N-101W
OASIS PETRO NO AMER DRUMMOND 5501 44-21H SESE 21-155N-101W
OASIS PETRO NO AMER COWDEN 5404 13-35H NWNE 35-154N-104W
OIL FOR AMERICA FROELICH 27-2 NWSW 27-138N-97W
OXY USA INC SUNSHINE 31-16H SESE 31-160N-90W
PEAK NO DAK LLC LOOK OUT RIDGE 4-31H NWNE 4-148N-93W
PETRO HUNT LLC FORT BERTHOLD 147-94-2A-11-1H NWNE 2-147N-94W
PETRO HUNT LLC JORGENSON 158-94-11D-2-1H SESE 11-158N-94W
PETRO HUNT LLC NJOS 157-100-26B-35-1H NWNW 26-157N-100W
PETRO HUNT LLC FORT BERTHOLD 152-94-13B-24-1H NWNW 13-152N-94W
PETRO HUNT LLC GEORGE TANK 151-96-10C-3-3H SWSW 10-151N-96W
PETRO HUNT LLC ANDERSON 152-96-35C-26-2H SWSW 35-152N-96W
PRIMA EXPLORATION INC GUNNISON 44-25H SESE 25-161N-91W
QEP ENERGY CO FED 1-27H-152-92 SESE 21-152N-92W
SAMSON RESOURCES CO MALIBU 26-35-163-98H NWNE 26-163N-98W
SAMSON RESOURCES CO NOVA 4-9-163-98H NWNE 4-163N-98W
SAMSON RESOURCES CO WOODPECKER 27-34-163-95H SESW 22-163N-95W
SINCLAIR OIL & GAS CO PORCUPINE 1-19H SESW 19-146N-97W
SINCLAIR OIL & GAS CO HOVDEN FEDERAL 1-20H SWSW 20-146N-97W
SLAWSON EXPLORATION CYCLONE 1-21-16H SWSW 21-150N-100W
SLAWSON EXPLORATION BANDIT 2-29H NWNW 29-152N-91W
SLAWSON EXPLORATION BONANZA 1-21-16H SWSE 21-152N-102W
SLAWSON EXPLORATION TURBO 1-21-16H SESW 21-143N-95W
SLAWSON EXPLORATION PROWLER 2-16H NENE 21-152N-91W
SLAWSON EXPLORATION SUBMARINER FEDERAL 1-23-24H NWNW 23-151N-92W
SLAWSON EXPLORATION MAMBA 2-20H NWNW 29-152N-91W
SM ENERGY CO JORGENSON 1-30H NENE 30-149N-95W
SM ENERGY CO WOLTER 13-21H SWSW 21-163N-100W
SM ENERGY CO WOLTER 16-23 SWD SESE 23-163N-100W
TRACKER RES DEVMNT T R SLETTE 18-1H 153-98 NENW 18-153N-98W
TRACKER RES DEVMNT BROSTUEN 6-1H LOT1 6-151N-102W
TRACKER RES DEVMNT WAHLSTROM 18-1H NWNE 18-149N-101W
TRACKER RES DEVMNT LITTLE CHASE CREEK 21-1H SESE 21-147N-97W
URSA RESOURCES GROUP BORSETH 15-22 1H NWNE 15-148N-99W
WHITING OIL AND GAS CORP ROGGENBUCK 43-24H NESE 24-153N-93W
WHITING OIL AND GAS CORP BERNARD ROGGENBUCK 24-25H SESW 25-153N-93W
WHITING OIL AND GAS CORP BROOKBANK STATE 41-16XH NENE 16-154N-92W
WHITING OIL AND GAS CORP MILLER 44-11H SESE 11-156N-97W
WHITING OIL AND GAS CORP BREHM 21-4H LOT3 4-152N-92W
WHITING OIL AND GAS CORP BARTLESON 21-3H LOT3 3-152N-93W
WHITING OIL AND GAS CORP WOLSKI 44-23H SESE 23-145N-104W
WHITING OIL AND GAS CORP NIEMITALO 31-15XH NWNE 15-154N-91W
WHITING OIL AND GAS CORP BRUENI 28-1H NENW 28-140N-98W
WHITING OIL AND GAS CORP HECKER 21-18TFH NENW 18-140N-99W
WHITING OIL AND GAS CORP ARNDT 14-5XH SWSW 5-154N-91W
WHITING OIL AND GAS CORP HOLLINGER 21-14TFH NENW 14-154N-92W
WHITING OIL AND GAS CORP ODERMANN 41-31TFH NENE 31-142N-101W
WHITING OIL AND GAS CORP SCOTT MEIERS 12-17TFH SWNW 17-154N-92W
XTO ENERGY INC MONDAK FEDERAL 24X-12 SESW 12-148N-105W
XTO ENERGY INC ALWIN FEDERAL 12X-19 LOT3 19-148N-96W
XTO ENERGY INC TUCKERMAN 11X-11 NWNW 11-148N-96W
XTO ENERGY INC MADISYN STATE 44X-1 SESE 1-154N-95W
XTO ENERGY INC ALMER 31X-6 LOT 2 6-157N-95W
ZARGON OIL (ND) INC ZARGON TRURO TMU 22 HZ SENE 21-160N-84W
ZAVANNA LLC LOUISE 1-35 H NWNW 35-154N-99W
ZENERGY INC CEYNAR 29-32H NWNE 29-152N-98W
ZENERGY OPERATING CO LLC DAKOTA-3 SKUNK CREEK 1-12H LOT3 1-148N-93W
ZENERGY OPERATING CO LLC DAKOTA-3 WELLS 32-29H SWSE 32-150N-93W
ZENERGY OPERATING CO LLC DAKOTA-3 SPOTTED RABBIT 14-23H NWNW 14-150N-92W