Wednesday, February 10, 2010

Spearfish: Another Formation Suitable for Horizontal Drilling?

For reports on Spearfish/Scandia wells, click here.

The geology and potential

NEWS


August 26, 2013: update of Spearfish activity in North Dakota.

August 12, 2013: is Corinthian Exploration hitting its stride at just the right time? This is quite incredible.

September 18, 2012: Spearfish update.

April 2, 2012: Legacy Oil & Gas, Spearfish update.

May 23, 2011: Legacy hits a gusher. This was a huge error. The IP of 3,000 was absolutely incorrect.

April 9, 2011: Surge Energy will present at conference, Monday, April 11, 2011. Corporate presentation dated April 8, 2011, now available.

April 9, 2010: EOG is drilling these wells into the Spearfish in 3.5 days and at a cost of $1 million.
"Here we go."  North of the border (in Canada), the field is known as the Waskada. EOG estimates 25 million barrels in this field north of this border and 20 million barrels on the south side of the border. These are relatively small fields, but the investment rate of return is 70 to 100 percent. More of the same.
April 3: 2011: More stories on the Bottineau Spearfish wells.
March 26, 2011: Activity picks up. Several recent posts.
March 22, 2011: Surge Energy 2011 Update
In North Dakota, Surge participated in two (0.4 net) non-operated wells during the fourth quarter of 2011.  The Company expects to participate in an additional six to eight gross non-operated wells during 2012 and plans to commence drilling its 100 percent operated wells during the third quarter. During the first quarter of 2012 Surge is also participating in a North Dakota 14.2 square mile 3D seismic program, which will aid in the execution of the 2012 Spearfish horizontal well drilling program.
March 16, 2011: Legacy Oil and Gas update in the Bottineau Spearfish

February 6, 2011: Hey, not so fast. 
Officials say work is still going on in the Spearfish in Bottineau. It's sour oil and Enbridge won't put sour oil in its system; Spearfish oil needs to be trucked to Canada. Spokesman: the Spearfish is about where the Bakken was back in 2005.  Some say EOG has re-deployed its assets to the Wyoming Niobrara and the Texas Eagle Ford -- which makes lots of sense. EOG got shellacked in 3Q10 earnings.  Need to get their act together.
January 24, 2011: EOG cancels a permit in the Souris targeting the Spearfish; evidence that EOG is throwing in the towel in the Souris/Spearfish?

January 3, 2010: a DRY well that targeted the Spearfish. This well was just a few miles south of all the other miserable Spearfish wells just across the border from Canada. Why were "they" successful in the Canadian Spearfish but couldn't do it in North Dakota?

December 25, 2010: EOG not hitting on all cylinders.

December 14, 2010: Update on a couple of Spearfish wells.

November 19, 2010: More insight into the Spearfish wells; they are really very shallow.

October 31, 2010: No news coming out of the Souris.

August 31, 2010: Commentary on first two Spearfish formation wells in the  Souris.

August 12, 2010: Article with map, graphics. Spearfish wells in southwest Manitoba.

August 11, 2010: Same story; just re-printed as a new news story. Several thousand wells possible.

July 16, 2010: Update on Scandia wells. Fast and furious.

April 9, 2010: EOG is drilling these wells into the Spearfish in 3.5 days and at a cost of $1 million.
"Here we go."  North of the border (in Canada), the field is known as the Waskada. EOG estimates 25 million barrels in this field north of this border and 20 million barrels on the south side of the border. These are relatively small fields, but the investment rate of return is 70 to 100 percent. More of the same.
March 20, 2010: Although this is a press release, it provides some interesting information on the Spearfish formation in Manitoba, just across the border from Bottineau County in North Dakota which is seeing increased activity.
The press release is from an Australian company, Molopo, which acquired Spearfish and Bakken assets in southwestern Manitoba. The press release notes that EOG uses technology known within the industry as CobraFrac and StackFrac from service companies such as Halliburton and PackersPlus, respectively.
March 15, 2010: The Spearfish experience in Canada.
This article says the wells cost $1.5 million in Manitoba; that did not make sense to me. However two days after linking that article I came across an article in Oilweek that says due to shallower formations, wells in Canada are costing $1.5 to $1.6 million compared to $4 million to $6 million in North Dakota Bakken. March 15, 2010.
Original Post

First mention of Spearfish for horizontal drilling, February 10, 2010. This thread mentions that "EOG Canada" has put in as many as eight (8) horizontal wells in one half-section (320 acres) targeting the Spearfish.

You can locate the Spearfish formation on this "stratigraphic map."  When you get to this site, you can zoom in. Go to "Williston Basin" and scroll down. The Spearfish is "above" the Bakken.

The Spearfish is in the Triassic period; the Bakken and Three Forks Sanish are in the Devonian.

The stratographic view.


She Bop, Cyndi Lauper

1 comment:

  1. Does anyone have any relevant information on EOG's wells in Scandia township, Bottineau County? Is it legit or are they looking to sell?

    ReplyDelete