Monday, February 21, 2011

Minor Changes In Names of MRO's Prospects in the Bakken

In the most recent MRO presentation (accessed February 21, 2011), MRO has made some minor changes to its Bakken prospects.

First, MRO's net acreage in the Bakken has increased from 380,000 to 391,000 net acres

Second, there are some minor changes in the names, and additions/deletions of MRO's prospects in the Bakken.

These are MRO's current prospects in the Bakken:
  • Cazador: just north of the reservation in the Nesson anticline
  • Myrmidon: northwest corner of the reservation
  • Hector: eastern area of Marfa, just outside of the reservation, Dunn County
  • Ajax: continuation of Marfa, southwest of Marfa, Dunn County
  • Paris: west of Marfa, in Williams County, about same size as Ajax
  • Diomedes: northwest Williams and eastern Montana (Sheridan County) (new)
  • Menelaus: very small prospect in west central McKenzie (new)
  • Aeneas: northwest corner of McLean, east of river (new)
  • Helen: very small, scattered acres north of Hector (new)
  • Elk Creek: very small, scattered acres west of Helen (new)
These prospects no longer show up in the presentation:
  • Odysseus: north, Divide County
  • Cassandra: east of Williston
  • Marfa: MRO's largest area; southwest of the reservation; borders the reservation, Dunn County 
  • Blacktail: very, very small area west of Ajax

2 comments:

  1. Another interesting point one more dedicated frac crew and 18 retrace scheduled for the year. They are the second group to officially print that they are refracing with encore being the second. Refrac coupled with new well and winter backlog oil could make an interesting 2nd or third quarter

    Brian

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  2. That's very interesting. I have talked about re-fracking but haven't seen much activity yet. My understanding is that there has been a lot of refracking in the Elm Coulee field (Montana) where it all started.

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