Here We Go -- Unitization in the Bakken, North Dakota, USA -- BR Wants to Unitize Lost Bridge Oil Field; XTO "Owns" The Field?

Updates

July 12, 2011: I am being told that possibly BR is doing contract work for XTO (XOM) due to BR's experience elsewhere in North Dakota with unitization. BR was involved with unitization in Cedar Hills oil field south of Marmarth, North Dakota; the other operator was CLR.

Original Post

Link here.

BR has an application into the NDIC to unitize the Lost Bridge oil field. It is interesting that BR has the application because it was my feeling that XTO (XOM) pretty much owned the field. This was based on the permits and wells already in the Lost Bridge oil field, not any review or knowledge of actual net acreage controlled by any operator in the field.

It is interesting: according to the NDIC, BR has no permits filed in Lost Bridge oil field.