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:
