BEXP: Microseismic Data Support Eight Wells In One 1280-Acre Spacing Unit -- Bakken, North Dakota, USA

This has been reported earlier, but some folks may have missed it: BEXP's micro-seismic data shows that one 1280-acre unit will support eight (8) horizontal wells, a combination of Bakken formation and Three Forks formation wells.

Microseismic data accumulated during the Brad Olson 9-16 2H well fracture stimulation indicates that frac wings appear to extend laterally 500 ft on either side of the wellbore. The results imply an increase to 782 total net locations from 590 in the Ross-Parshall-Austin and Rough Rider project areas, according to BEXP.