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Dec
20

Active Drilling Rigs: December 2011

Posted by bakken

For the first time,  the number of Active Drilling Rigs topped 200 earlier this month up 3% from our last report in October.   The drilling activity in the region has not subsided and the mild early winter weather has allowed drilling to continue at full bore for the last 2 months.  The leaders look similar to previous months with Continental Resources leading the way with 21 Rigs.   Whiting Oil & Gas has also stepped up activity and now is 2nd among all players with 19 Drilling Rigs.   Brigham/Statoil also increased to 13 rigs overall and it will be interesting to see if they accelerate their plans under Statoil management.  Look for our upcoming article tomorrow diving into Oasis (OAS: 26.35 +6.81%) acreage in the region.

 

Rig Operator Well Name and Number
PRECISION 607 BAYTEX ENERGY USA LTD THOMPSON 35-26-162-99H 1XB
ENSIGN 67 BAYTEX ENERGY USA LTD REDFIELD 24-13-157-99H 1NC
NABORS 460 BRIGHAM OIL & GAS LP LYLE 21-16 #1-H
NABORS 49 BRIGHAM OIL & GAS LP PATENT GATE 7-6 #1H
PRECISION 645 BRIGHAM OIL & GAS LP STALLION 33-28 1H
NABORS 44 BRIGHAM OIL & GAS LP DALE 20-17 #1-H
NABORS 266 BRIGHAM OIL & GAS LP FOREST 26-35 #1H
NOMAC 316 BRIGHAM OIL & GAS LP SAX 25-36 #1H
NABORS 254 BRIGHAM OIL & GAS LP STROBECK 27-34 #6H
NABORS 52 BRIGHAM OIL & GAS LP CLIFFORD BAKKE 26-35 #4H
NABORS 182 BRIGHAM OIL & GAS LP MARTIN 32-31 1-H
NABORS 350 BRIGHAM OIL & GAS LP SAM 30-31 #1-H
CRAIG 4 BRIGHAM OIL & GAS LP ZACREP 2-11 #1H
NABORS 558 BRIGHAM OIL & GAS LP BORSHEIM TRUST 33-28 #3H
UNIT 106 BRIGHAM OIL & GAS LP RICH 30-31 #1H
KEY NRG 885 BRIGHAM OIL & GAS LP BLANCHE 27-22 #1H
MAJOR 41 BRIGHAM OIL & GAS LP EVERETT 5-8 #1H
PATTERSON 136 BTA OIL PRODUCERS LLC SHARON #1
NABORS 92 BURLINGTON RES O&G CO GOLDPOINT 41-25TFH
PRECISION 825 BURLINGTON RES O&G CO CECILIA STROH 34-7MBH
H & P 446 BURLINGTON RES O&G CO BRAZOS 24-34H
NABORS 59 BURLINGTON RES O&G CO NEIL 24-19MBH
NABORS 687 BURLINGTON RES O&G CO UBERWACHEN 22-34
NOMAC 359 CHESAPEAKE OPERATING INC DECKER 26-138-97 A 1H
NOMAC 312 CHESAPEAKE OPERATING INC KOSTENKO 30-138-97 A 1H
PRECISION 831 CONTINENTAL RESOURCES BURIAN 1-27H
PATTERSON 490 CONTINENTAL RESOURCES OVERLAND 1-8H
TRINIDAD 36 CONTINENTAL RESOURCES HAMPTON 1-2H
PATTERSON 183 CONTINENTAL RESOURCES INGEBRET 1-8H
PATTERSON 338 CONTINENTAL RESOURCES EDWARD 1-23H
CYCLONE 28 CONTINENTAL RESOURCES KUKLA 3-16H
PATTERSON 455 CONTINENTAL RESOURCES JACK 2-9H
PATTERSON 180 CONTINENTAL RESOURCES QUALE 1-1H
CYCLONE 22 CONTINENTAL RESOURCES LAZORENKO 1-2H
CYCLONE 4 CONTINENTAL RESOURCES JAMESTOWN 1-17H
CYCLONE 14 CONTINENTAL RESOURCES BOHMBACH 3-35H
CYCLONE 20 CONTINENTAL RESOURCES TODD 1-6H
CYCLONE 21 CONTINENTAL RESOURCES VADER 1-7H
CYCLONE 2 CONTINENTAL RESOURCES CINCINNATI 1-30H
CYCLONE 25 CONTINENTAL RESOURCES CHARLESTON 1-22H
CYCLONE 10 CONTINENTAL RESOURCES KING 1-5H
CYCLONE 31 CONTINENTAL RESOURCES LOKKEN 3-2H
PRECISION 832 CONTINENTAL RESOURCES SEVRE 1-22H
CYCLONE 19 CONTINENTAL RESOURCES SUTTON 1-3H
CYCLONE 5 CONTINENTAL RESOURCES RIXEY 1-28H
PATTERSON 515 CONTINENTAL RESOURCES GARNER 1-32H
ENSIGN 118 CORNERSTONE NAT RES LLC CUPLIN 6-3-10H
STONEHAM 17 CRESCENT PT ENERGY US CPEUSC AMELIA GRACE 7-6-158N-99W
PRECISION 630 CRESCENT PT ENERGY US CPEUSC AUSTIN 17-20-158N-99W
PRECISION 96 DAKOTA-3 E&P CO BUFFALO 1-36HC
NABORS 486 DAKOTA-3 E&P CO FOX 14-8H
PRECISION 517 DAKOTA-3 E&P CO SKUNK CREEK 23-14 HC
PATTERSON 336 DAKOTA-3 E&P CO PLENTY SWEET GRASS 18-19HC
SST 68 DAKOTA-3 E&P CO BENSON 16-3H
H & P 448 DENBURY ONSHORE TRMU 24X-12H
PATTERSON 301 DENBURY ONSHORE SATTER 24-35SEH
PATTERSON 305 DENBURY ONSHORE ERICKSON 41-25SWH
PRECISION 511 DENBURY ONSHORE OLSON 34-19SWH
PRECISION 289 DENBURY ONSHORE NELSON 24-11NEH
H & P 454 DENBURY ONSHORE ROEN 24-23NH
H & P 456 DENBURY ONSHORE JOHNSON 24-31NEH
ENSIGN 152 ENERPLUS RES USA CORP SITKA 149-93 06A-3H TF
PRECISION 631 ENERPLUS RES USA CORP CEDAR 148-94 12D-01-4H TF
ENSIGN 88 ENERPLUS RES USA CORP SPRUCE 148-94 12C-01-2H TF
PRECISION 560 ENERPLUS RES USA CORP GRAY WOLF 148-94-05CH TF
TRUE 32 EOG RESOURCES INC VANVILLE 15-1102H
MAJOR 45 EOG RESOURCES INC VANVILLE 17-1213H
TRUE 33 EOG RESOURCES INC WEST CLARK 3-2413H
SST 58 EOG RESOURCES INC WEST CLARK 1-2413H
DHS 12 EOG RESOURCES INC LOSTWOOD 10-2227H
NOMAC 328 EOG RESOURCES INC LIBERTY LR 15-26H
NABORS 527 EOG RESOURCES INC WAYZETTA 124-3334H
DHS 4 EOG RESOURCES INC CLEARWATER 200-06 SWD
DHS 9 EOG RESOURCES INC HARDSCRABBLE 8-0409H
NABORS 108 FIDELITY EXPL & PROD CO LACI 21-28-27H
NABORS 280 FIDELITY EXPL & PROD CO PARKER 29-32H
CANELSON 43 FLATIRONS RESOURCES LLC LUNDE 32-33
ENSIGN 71 G3 OPERATING LLC ARNSON 1-5-8H
STONEHAM 16 G3 OPERATING LLC HOUGHT 1-1-12H
UNIV DRLG 1 GADECO, LLC GOLDEN 25-13H
PARAMOUNT 1E GMX RESOURCES EVONIUK 21-2-1H
PRECISION 18 HELIS OIL & GAS CO. LLC VEEDER 1-27/34H
PRECISION 604 HELIS OIL & GAS CO. LLC FOREMAN 5-2/1H
H & P 241 HESS CORPORATION SMUGALA 27-1H
H & P 295 HESS CORPORATION LK-POHRIBNAK 147-96-16H-3
PRECISION 618 HESS CORPORATION HA-DAHL-152-95- 0706H-2
NABORS B06 HESS CORPORATION BW-R PETERSON 149-99-1102H-1
NABORS 2 HESS CORPORATION EN-SORENSON B-155-94- 3526H-1
NABORS B-04 HESS CORPORATION EN-MEIERS B-156-93- 1003H-1
NABORS B-03 HESS CORPORATION EN-RIERSGARD-156-93- 1718H-2
NABORS B5 HESS CORPORATION EN-THRONSON- 154-94-2029H-1
NABORS 1 HESS CORPORATION EN-POSTOVIT 157-93-0706H-1
NABORS B1 HESS CORPORATION EN-BINGER 157-94-1201H-1
H & P 293 HESS CORPORATION GO-QUALLEY-157-97- 1102H-1
MAJOR 27 HESS CORPORATION SC-FOSTER 153-99-2932H-1
PRECISION 620 HESS CORPORATION SC-JEAN 157-99-0904H-1
H & P 179 HESS CORPORATION GO-JARLAND-156-98- 1102H-1
H & P 294 HESS CORPORATION CA-HALVERSON-154-95- 0409H-2
H & P 317 HUNT OIL COMPANY HALLIDAY 2-12-1H 1
FRONTIER 19 HUNT OIL COMPANY CLEARWATER 1-26-23H 1
UNIT 109 KODIAK OIL & GAS (USA) INC CHARGING EAGLE 15-14-11-4H
UNIT 117 KODIAK OIL & GAS (USA) INC SKUNK CREEK 9-2-3-5H
UNIT 328 KODIAK OIL & GAS (USA) INC EAST GRIZZLY FEDERAL 3-25-36-15H
UNIT 123 KODIAK OIL & GAS (USA) INC SMOKEY KAREN 16-20-17-2H
UNIT 118 KODIAK OIL & GAS (USA) INC KOALA 15-31-30-3H3
CANELSON 42 LEGACY OIL & GAS ND LEGACY ET AL BERGE 1-1H
ENSIGN 86 LIBERTY RESOURCES FRITZ 150-101-32-29-1H
H & P 309 LIBERTY RESOURCES BERGER 156-100-7-6-1H
H & P 259 MARATHON OIL CO ECKELBERG 14-23H
H & P 386 MARATHON OIL CO BEN RECKARD 44-22H
H & P 392 MARATHON OIL CO BLACK HAWK USA 31-16H
H & P 258 MARATHON OIL CO WAKELUM 41-3H
H & P 256 MARATHON OIL CO JESSICA USA 21-6TFH
PRECISION 602 MUREX PETROLEUM CORP ETHAN ROBERT 5-32H
PATTERSON 335 NEWFIELD PROD CO CHARLOTTE 150-98-17-20-2H
NABORS 272 NEWFIELD PROD CO BRATLIEN 154-100-33-28-1H
ENSIGN 89 NORTH PLAINS ENERGY LLC KING 3-8H
H & P 457 OASIS PETRO NO AMER SHAW 6092 24-22H
NABORS 110 OASIS PETRO NO AMER CHICKEN CREEK FEDERAL 44-35H
EXTREME 17 OASIS PETRO NO AMER BRAY 5301 43-12H
NABORS 149 OASIS PETRO NO AMER CATCH FEDERAL 5201 11-12H
NABORS 165 OASIS PETRO NO AMER DUNLIN 5892 34-32H
NABORS 177 OASIS PETRO NO AMER FLINDERS FEDERAL 5602 13-18H
CRAIG 5 OASIS PETRO NO AMER CORNELL 5501 13-1H
STONEHAM 18 OASIS PETRO NO AMER MCCAULEY 5501 14-3H
ENSIGN 153 OXY USA INC STATE TITOS 1-3-10H-142-98
NABORS B9 OXY USA INC STATE JOE LOH 1-20-17H-143-98
TRINIDAD 118 OXY USA INC SORLIE 160-90-7-P16-1H
UNIT 121 OXY USA INC JOE V SEMERAD 1-12-1H-142-97
UNIT 120 OXY USA INC ROBERT SADOWSKY 1-2-35H-143-96
TRINIDAD 221 OXY USA INC ELSIE DVORAK 1-8-17H-141-96
UNIT 122 OXY USA INC STATE BRIAN SADOWSKY 1-10-3H-142-97
H & P 325 OXY USA INC WITTINGER 2-17-5H-143-95
H & P 329 OXY USA INC RAPHAEL STROH 2-13-24H-143-97
NABORS 413 OXY USA INC PRIVRATSKY 1-28-33H-141-95
PRECISION 426 OXY USA INC STATE JABLONSKY 1-1-12H-141-95
MAJOR 26 OXY USA INC BEATRICE KUBISCHTA 3-15-22H-143-96
H & P 255 OXY USA INC SPRING CREEK 1-20-141-93
KEY NRG 370 PETRO HARVESTER OPERATING OPSETH 29-7
UNIT 329 PETRO HUNT LLC SETTERLUND 159-94-28B-33-1H
H & P 180 PETRO HUNT LLC FORT BERTHOLD 148-94-30A-31-2H
ENSIGN 77 PETRO HUNT LLC FORT BERTHOLD 151-94-34C-27-1H
UNIT 108 PETRO HUNT LLC KLOSE 151-103-26B-35-1H
NOMAC 323 PETRO HUNT LLC OAKLAND 151-103-29B-32-1H
NOMAC 322 PETRO HUNT LLC FORT BERTHOLD 151-94-26B-35-1H
PATTERSON 491 PETRO HUNT LLC BRENNA 152-96-23C-14-4H
NOMAC 308 PETRO HUNT LLC SORENSON 152-96-24C-13-4H
ENSIGN 46 PETRO HUNT LLC JORGENSON 158-94-12C-1-1H
UNIT 234 PETRO HUNT LLC ROSSLAND 157-101-14B-23-1H
UNIT 233 PETRO HUNT LLC STATE OF NORTH DAKOTA 154-99-16A-1H
ENSIGN 24 PETRO HUNT LLC PASTERNAK TRUST 157-100-18A-19-1H
ENSIGN 93 PETRO HUNT LLC MILLER 157-101-12C-1-1H
SST 66 QEP ENERGY CO MHA 4-06-01H-149-92
MAJOR 24 QEP ENERGY CO MHA 4-06-07H-147-92
H & P 324 SAMSON RESOURCES CO DORADO 14-23-162-98H
H & P 277 SAMSON RESOURCES CO COUGAR 26-35-163-97H
PIONEER 42 SAMSON RESOURCES CO PIGEON 30-31-162-96H
NABORS 455 SAMSON RESOURCES CO STANLEY 28-21-156-91H
PATTERSON 167 SLAWSON EXPLORATION TURBO #2-21-16H
NABORS 419 SLAWSON EXPLORATION BARNSTORMER FEDERAL #1-3-10H
FRONTIER 16 SLAWSON EXPLORATION WOLVERINE FEDERAL #1-31-30H
CYCLONE 27 SLAWSON EXPLORATION MENACE 1-17-20H
CANELSON 41 SLAWSON EXPLORATION SORCERER 1-14-15H
NABORS 152 SM ENERGY CO WOLTER 15-8H
NABORS 476 SM ENERGY CO SYVERSON 16-34H
EXTREME 18 SM ENERGY CO BOGNER 13-20H
EXTREME 7 TRIANGLE USA PETROLEUM DWYER 150-101-21-16-1H
NEW ENERGY 1 TRIANGLE USA PETROLEUM LARSON 149-100-9-4-1H
TRUE 36 TRUE OIL LLC ANDERSON 12-18H
H & P 276 WHITING OIL AND GAS CORP ROXANE 21-16H
NABORS 267 WHITING OIL AND GAS CORP BSMU 2905
NABORS 686 WHITING OIL AND GAS CORP FRANKS CREEK STATE 21-16TFH
NABORS 112 WHITING OIL AND GAS CORP DULETSKI 21-13TFH
PIONEER 44 WHITING OIL AND GAS CORP KJELSTRUP 44-24TFH
NABORS 587 WHITING OIL AND GAS CORP TIFFT 21-18H
NABORS B07 WHITING OIL AND GAS CORP CHITWOOD 34-36H
PRECISION 520 WHITING OIL AND GAS CORP BROWN 41-28XH
PIONEER 57 WHITING OIL AND GAS CORP LINDSETH 12-12TFH
NABORS 99 WHITING OIL AND GAS CORP MAKI 41-33XH
PRECISION 51 WHITING OIL AND GAS CORP JONES 34-4H
PRECISION 106 WHITING OIL AND GAS CORP S-BAR 11-7TFH
PIONEER 66 WHITING OIL AND GAS CORP KLEFSTAD 24-25H
PIONEER 67 WHITING OIL AND GAS CORP DARYL LOCKEN 21-22H
PIONEER 3 WHITING OIL AND GAS CORP OBRIGEWITCH 21-16TFH
NABORS B-08 WHITING OIL AND GAS CORP BURESH 34-10TFH
PATTERSON 488 WHITING OIL AND GAS CORP KUBAS 34-12PH
H & P 316 WHITING OIL AND GAS CORP IVER & MINNIE 21-14PH
PIONEER 56 WHITING OIL AND GAS CORP BERGSTROM 44-10H
NABORS 109 XTO ENERGY INC FBIR BEAKS 24X-8
NABORS 681 XTO ENERGY INC FBIR GUYBLACKHAWK 24X-27
H & P 239 XTO ENERGY INC CHRISTIANA 21X-6
NABORS 265 XTO ENERGY INC TRUAX STATE 11X-16
PATTERSON 191 XTO ENERGY INC WILLEY 31X-3
NABORS 742 XTO ENERGY INC COLETTE 21X-18
PRECISION 512 ZAVANNA LLC LARSEN 32-29 1H
NABORS 688 ZAVANNA LLC LION 1-14H
NABORS 148 ZAVANNA LLC THELMA 1-21H
ENSIGN 76 ZENERGY INC ROLFSRUD 18-19H
NOMAC 327 ZENERGY INC KNELS 20-29H
NOMAC 315 ZENERGY INC MARY 3-10H

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Sep
13

What Bakken O&G companies can learn from the BP debacle

Posted by bakkenexpert

It’s been months since a drop of oil has leaked into the Gulf but the remnants still reside from this PR disaster.  BP is still running radio and TV ads in all major markets to slowly reclaim it’s brand equity and based on the Exxon Valdez disaster it will take upwards of 15-20 years for the subject to fade into wikipedia.  

In the last few weeks in a number of papers a similar theme is circulating that should catch the attention of all the Bakken O&G companies that exist.   Elements of the media have started reported that  “Fracking” is a dirty word.   On Yahoo today the term hit #1 in the “Trending Now” section. In the Christian Science Monitor,  a prominent article ran with the subject

Fracking debate prompts EPA hearing in New York on gas drilling

If the title didn’t get your attention then surely the tagline would – “Fracking opponents carried signs saying “Kids can’t drink gas” and “Protect our water. “. In the Bakken region hydraulic fracking is a core component, perhaps the core component in drilling and recovering oil from the layers of rock within the Williston Basin. The long term effects of hydraulic fracturing are not entirely clear as the data around this technique is limited.

Opponents make claims that fracking destroys the environment, sickens children and sets water ablaze. There are a couple of congressional inquiries on the matter related to the practice in Pennsylvania and New York within the lucrative Marcellus Shale beds. For Bakken related companies, the inquisition has not started, but these protests against fracking may be the beginning. Any North Dakota state commission or board has not raised a vocal ruckus over this issue as yet, after all, this is the very practice that catapulted ND into the national spotlight as one of the only bright economic growth stories in recent years. The state took in more than $400 million in oil revenue last year and handcuffing drillers would hamper growth.

If Bakken O&G companies are smart, they will get out in front of this issue, form an independent commission, and do some real unbiased research on the potential impact of this type of drilling and develop a detailed industry standard incident response plan as well as disaster prevention strategies in case this issue surfaces on any real scale in North Dakota. Sure there has been a few small incidents including a recent spill near Killdeer, but these were passing glances in terms of media coverage. One of the only things that can derail the growth in the Bakken is some sort of human casualty (or near casualty) as a direct (or even indirect result) of the environmental impact of fracking.

Just as O&G companies de-risk their acreage, bigger players such and Continental Resources (CLR: 77.50 +8.68%), Brigham Exploration (BEXP: 0.00 N/A) and Whiting Petroleum (WLL: 46.13 +4.37%) need to step up and de-risk the environmental impact of drilling before lawmakers step in and try to do it for them. Even a temporary moratorium on hydraulic drilling could lead to a 30-40% haircut across all Bakken related stocks and that is the last thing a loyal Bakken investor needs.

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