Nine Point Energy --> Bowline Energy --> Neptune Operating

Updates

March 4, 2024: This is so amazing, so incredible, so rewarding. At the time of the original post, a reader gave me enough information to suggest that Neptune Operating was a wholly owned subsidiary of Kraken. Now, today, the reader sent me confirmatory evidence that Neptune Operating is, indeed, a wholly-owned subsidiary of Kraken. 

Mailing address:

Neptune Operating LLC
9805 Katy Fwy Ste 300
Houston, TX 77024-1269

Compare with the mailing address of Kraken. 

In addition, according to the reader, Neptune royalties are paid by the same "banking facility" that pays Kraken royalties.

I should ask the reader about the telephone numbers for each company. LOL.

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Original Post

Note: 

Neptune Operating LLC and Kraken Marketing LLC share the same address suggesting Neptune is a wholly-owned subsidiary of "Kraken."

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Neptune Operating Is Now The Operator For The Kay Arnson Well

Bowline went into bankruptcy. Assets were bought by Kraken. Apparently not all Bowline wells were bought by Kraken. Neptune Operating got at least one. Official date for Kay Arnson well from Bowline to Neptune Operating: February 21, 2023.

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Bowline

Nine Point Energy went into bankruptcy and came out as a new company: Bowline Energy. 

October 9, 2022 --one well.

Runs	NDIC File Number	Name		Aug 22	Jul 22	Jun 22	May 22
	21361	Kay  Arnson USA 34-35H		584	585	299	599
Total				584	585	299	599

November 14, 2020 -- one well.

• 21361, 860, Nine Point Energy, Kay Arnson USA 34-35H, Strandahl, t5/12; cum 134K 9/20; recent production:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2020	30	461	436	573	110	110	0
BAKKEN	8-2020	13	131	266	325	4	4	0
BAKKEN	7-2020	0	0	0	0	0	0	0
BAKKEN	6-2020	7	85	0	163	54	0	54
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	1	0	0	0	30	30	0
BAKKEN	3-2020	26	349	404	510	227	227	0
BAKKEN	2-2020	29	296	221	467	128	128	0
BAKKEN	1-2020	31	339	418	512	177	177	0
BAKKEN	12-2019	31	402	539	800	305	300	5
BAKKEN	11-2019	30	541	356	610	328	328	0
BAKKEN	10-2019	31	487	506	877	406	406	0
BAKKEN	9-2019	30	508	535	697	457	455	2
BAKKEN	8-2019	31	607	644	765	628	558	70

Graphic:

 

ConocoPhillips -- Burlington Resources

Remember: the checks come from ConocoPhillips (COP) which owns Burlington Resources (BR). BR is the operator for this well but the reader gets the check from COP.

Only one well, but it's an incredibly good well;

• 17799, 457, BR (COP), Guadalupe 11-23H, Charlson, spacing: one section, t3/09; cum 824K 10/22
  

One well:

COP / 193297001	NDIC #			Oct 22	Sep 22	Aug 22	Jul 22	Jun 22	May 22	Apr 22
Guadalupe 11-23H	17799			4285	1913	4302	2369	2410	4683	1037

END

Division Orders

Tucker: 1st generation to 2nd generation

 

 

Ekke: 1st generation to 2nd generation

 

October 31, 2020

• COP
• 713495 -- Guadalupe 11-23H

October 26, 2020

• Citation
• 80.16336 -- Brakken 24-30

October 24, 2020

• Kraken
• 102769 -- Hobart 1-27H
• 102811 -- Black Federal 1-28H
• 102812 -- Black Federal 33-28 2TFH
• 102813 -- Black Federal 33-28 3H
• 102814 -- Black Federal 33-28 4TFH
• 102815 -- Black Federal 33-28 5H
• 102816 -- Black Federal 33-28 6TFH
• 105061 -- Pocasset LE 29-32 1H
• 105167 -- Hobart 34-27 2H
• 105168 -- Hobart 34-27 3H
• 105169 -- Hobart 34-27 4H
• 105170 -- Hobart 34-27 5H
• 105174 -- Hobart LE 35-26 1H
• 105175 -- Black Federal 33-28 7H
• Of note: a fifteenth well, a Pocasset LW section line well DO has not been received

October 15, 2020

• White Rock
• 402.1015 -- Fredrickson 33-33 1
• 402.1018 -- Powers 1
• 402.1021 -- Rehab 4-33
• 402.1023 -- State of North Dakota F 1

Tucker -- Equinor -- Production

 

NDIC Permit	Full Name	Aug 20	Jul 20	Jun 20	May 20	Apr 20	Mar 20	Feb 20	Jan 20
21907	Shorty 4-9 1H	2,306	2,157	1,890	3,030	666	34	759	2,804
31461	Shorty 4-9F 2TFH	5,423	5,458	5,468	6,710	4,110	5,423	6,861	9,427
31443	Shorty 4-9F 3H	8,269	5,382	238	5,127	6,713	8,201	7,569	8,233
31703	Shorty 4-9F-8TFH	0	0	0	163	562	585	70	10
31702	Shorty 4-9F 7H	0	0	0	83	527	1,599	550	18
31701	Shorty 4-9F 6TFH	0	0	0	6	53	529	476	19
31700	Shorty 4-9F 5H	0	0	0	151	525	765	210	6
31699	Shorty 4-9F 4TFH	0	0	0	0	21	79	43	0
30143	Folvag 5-8 XE 1H	0	0	0	6	200	0	0	237
19008	Brakken 30-31 1-H	877	1,094	880	1,137	940	1,270	1,156	480
		16,875	14,091	8,476	16,413	14,317	18,485	17,694	21,234

EOG Wells -- Reader's Question

 The wells:

062538-000         Skaar 7-10H:                   17030: SWSE 10-153-90    444 FSL 1500 FEL     

 

062539-000         Wayzetta 8-11H               16961:    NWNW 11-153-90    350 FNL 500 FWL

 

070261-000         Wayzetta 149-1509H        22704:     NESE 15-153-93    2100 FSL 425 FEL   

 

082042-000         Wayzetta 22-1509H            22703:     NESE 15-153-90    2100 FSL 375 FEL

 

093362-000         Wayzetta 042-0311H           26217:    SWNW 3-153-90    2480 FNL 450 FWL     

 

093363-000         Wayzetta 043-0311H           26216:     SWNW 3-153-90    2480 FNL 500 FWL    

 

093364-000         Wayzetta 044-0311H             26459:    Lot 3 3-153-90        400 FNL 2400 FWL

 

093365-000         Wayzetta 045-0311H             26458: Lot 3 3-153-90        400 FNL 2300 FWL

The scout tickets:

 

XTO Wells -- Reader's Question

 

W0123806-1       Hanson 11-12H            17029:  NWNW 12-144-96    335 FNL 1300 FWL

 

W0123997-1       Hanson 11X-12B:        29154:     NWNW 12-144-96    374 FNL    1297 FWL

 

W0123998-1       Hanson 11X-12E:        29155:    NWNW 12-144-96    314 FNL    1296 FWL       

 

W0123999-1       Hanson 11X-12A:         29156:        NWNW 12-144-96    284 FNL   1296 FWL  

 

Scout Tickets: