- 20589, 4,815, Whiting, Tarpon Federal 21-4H, Twin Valley, Bakken
This needs to be cleaned up, but for now:
Michael Reger, Chief Executive Officer, commented, “We wish to congratulate Whiting on this discovery. We continue to be impressed by the innovation of our operating partners in this premier resource play and we remain focused on our strategy of acquiring high quality, non-operated acreage and turning it efficiently to production and cash flow.”
From my FAQs page:
8. What is the record IP to date in the Williston Basin?
Again, the initial production of any well, self-reported by the producer, is becoming less meaningful over time. Having said that, it looks like the record IP for a Bakken well is now 5,200, a Newfield well (July, 2011): 18691, 5,200, NFX, Wisness Federal 152-96-4-2H, Westberg, Bakken.
New record in the Bakken, November 3, 2011. The Tarpon Federal 21-4H is a Whiting Petroleum operated well and had a 24-hour initial production (IP) rate of 7,009 barrels of oil equivalent (BOE), setting a new Williston Basin record for a Bakken well. The Tarpon Federal produced 4,815 barrels of oil and 13,163 Mcf of natural gas on October 17, 2011 after being fracture stimulated with 30 stages.Two earlier wells: a Whiting well which had an IP of 4,761 boepd: file #17612, 4,761 boepd IP, Whiting, Maki 11-27H, Mountrail County, Sanish field. This is still current as of February 20, 2010. Since then, BEXP claims to have set a record with the Sorenson 29-32 1-H, #18654, with a 24-hour flowback of 5,133 bopd. However, the NDIC reported an IP of 2,944. BEXP also reported the Jack Cvancara 19-18 #1H in the Ross project area with a 24-hour flowback of 5,035.
Anyway, as I've mentioned many, many times, a huge well can move the needle for a small company. NOG has a significant working interest in this well, 17 percent.
I've said many, many times, that NOG has a very unique and interesting business model.