Wednesday, April 25, 2012

Whiting Reports -- in Passing -- a Record IP for a Whiting Three Forks Well in the Sanish Oil Field -- The Bakken, North Dakota, USA

From Whiting's 1Q12 earnings press release (my post) or direct to Whiting's press release.

In that press release:
Highlighting recent drilling results in our Sanish field was the completion of the Stubstad 14-6TFX. This cross-unit well flowed 2,249 BOE per day from the Three Forks formation on April 4, 2012. The Stubstad well, which was drilled on the southwest side of the field, recorded the highest initial production rate for a Whiting-operated Three Forks well in Sanish field.
For newbies: for me, WLL has the most interesting strategy in the Williston Basin. With regard to the North Dakota Bakken, it has its northern ops centered around the Sanish oil field, its cash cow, and the Hidden Bench/Tarpon prospects near the bull's eye of the Bakken; and, it has its southern ops centered around Belfield where some of the highest leases ever have been recorded in the Bakken.  In addition, Whiting has a Montana prospect (Missouri Breaks, in its infancy) and Big Island in southwestern North Dakota with multiple payzones, other than the Bakken/Three Forks, are being tested.

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