Sunday, September 30, 2012

The McKenzie County Express Rolls On

The pace of oil activity in McKenzie County continues to astonish. At month's end, the total active rig count was 70, which is nine more than Mountrail County (29) and Williams County (32) put together. A total of 78 permits (unofficial count) were issued to McKenzie in September, and producers reported stellar initial production numbers all during the month. (see below).

McKenzie had 1,462 producing wells as of July, according to the latest available figures released earlier this month. That's up 383 from the July 2011 total of 1079, or approximately 35%, and puts McKenzie ahead of  Mountrail with 1,306 producing wells and Williams with 1,064 (preliminary figures).

For July 2012, McKenzie County reported a total of 4,240,515 barrels, compared to 4,076,123 reported a month earlier, a gain of four percent. Since the first of the year, monthly production has risen by just over 500,000 barrels, or over 13%. In 2011, McKenzie reported 2,730,461 barrels in July, which translates to a year-over-year production increase of 75%. Looking back two years, McKenzie reported 1,468,276 barrels in July 2010, meaning production has nearly tripled over a 24-month period.

As impressive as these numbers are, McKenzie still trails Mountrail County's monthly oil output by over one million barrels. However, Mountrail's volume appears to have reached a plateau, at least temporarily. The difference between the January and July volume is a little more than 130,000 barrels, or about 2.5 percent. A year-over-year monthly average comparison shows Mountrail's gain was just over 870,000 barrels or roughly 19% between July 2011 and July 2012.

As Mountrail's production slows, the momentum in the Bakken play has definitely swung toward McKenzie County, which appears to be on track to assume the title of the state's top oil producer by year's end.

McKenzie County
Monthly Production 2012

• 1/2012 -- 3,736,143 barrels
• 2/2012 -- 3,674,444 barrels
• 3/2012 -- 4,100,514 barrels
• 4/2012 -- 4,242,557 barrels
• 5/2012 -- 4,357,635 barrels
• 6/2012 -- 4,076,123 barrels
• 7/2012 -- 4,240,515 barrels

Mountrail County 
Monthly Production 2012
• 1/2012 --- 5,170,255 barrels
• 2/2012 --- 4,956,144 barrels
• 3/2012 --- 5,522,440 barrels
• 4/2012 --- 5,389,758 barrels
• 5/2012 --- 5,404,770 barrels
• 6/2012 --- 5,166,618 barrels
• 7/2012 --- 5,309,784 barrels

McKenzie County well file data - September 2012 (selected list)

#21694 - BRIGHAM OIL & GAS, L.P., CORA 20-17  #1H, SESW 20-151N-100W, MCKENZIE CO., 3347  BOPD, 4674 BWPD - BAKKEN

#22151 - DENBURY ONSHORE, LLC, TOBACCO GARDEN  41-18SH, NENE 18-151N-99W, MCKENZIE CO., 1538 bopd, 697 bwpd - BAKKEN

#21142 - OASIS PETROLEUM NORTH AMERICA LLC, HORSE CREEK FEDERAL  5004 42-35H, SESW 35-150N-104W, MCKENZIE CO., 1020 BOPD, 2282 BWPD - BAKKEN

#21184 - KODIAK OIL & GAS (USA) INC., SMOKEY  16-20-32-16H, SESE 20-149N-98W, MCKENZIE CO., 1738 bopd, 5056 bwpd - BAKKEN

#22311 - XTO ENERGY INC., THOMPSON   44X-20E, SESE 20-150N-95W, MCKENZIE CO., 2779 BOPD, 1605 BWPD – BAKKEN

#22376 - SM ENERGY COMPANY, ANDERSON  5X-14H, SWNW 14-149N-96W, MCKENZIE CO., 1423 bopd, 301 bwpd – BAKKEN

#20386 - MUREX PETROLEUM CORPORATION, DAVID ROGER  18-19H, NWNE 18-151N-103W, MCKENZIE CO., 999 BOPD, 240 BWPD - BAKKEN

#21965 - BURLINGTON RESOURCES OIL & GAS COMPANY LP, OLE BOE   41-14MBH, NENE 14-148N-98W, MCKENZIE CO., 3000 BOPD, 283 BWPD - BAKKEN

#21792 - BRIGHAM OIL & GAS, L.P., SAX 25-36  #1H, NENE 25-153N-98W, MCKENZIE CO., 2982 BOPD, 2724 BWPD - BAKKEN

#22115 - DENBURY ONSHORE, LLC, LUNDIN  41-14SWH, NENE 14-150N-98W, MCKENZIE CO., 1505 bopd, 1227 bwpd - BAKKEN

#22541 - BRIGHAM OIL & GAS, L.P., CORA 20-17  #2TFH, SESW 20-151N-100W, MCKENZIE CO., 951 bopd, 4967 bwpd - BAKKEN

#21260 - WHITING OIL AND GAS CORPORATION, CHITWOOD  34-36H, SWSE 36-149N-100W, MCKENZIE CO., 1461 BOPD, 2134 BWPD - BAKKEN

#22306 - OASIS PETROLEUM NORTH AMERICA LLC, J O ANDERSON     5200 31-28T, NWSW 28-152N-100W, MCKENZIE CO., 2180 bopd, 1897 bwpd - BAKKEN

#20532 - BRIGHAM OIL & GAS, L.P., GARMANN 19-18  1H, E2NW 30-153N-97W, MCKENZIE CO., 3088 BOPD, 3200 BWPD - BAKKEN

#20400 - OASIS PETROLEUM NORTH AMERICA LLC, BERING  5200 12-29H, NENW 29-152N-100W, MCKENZIE CO., 2783 BOPD, 1962 BWPD - BAKKEN

#22202 - ZENERGY, INC, JOHNSRUD  19-18H, NWNE 30-151N-98W, MCKENZIE CO., 2104 bopd, 1086 bwpd - BAKKEN

Source: North Dakota Industrial Commission 

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