Monday, January 7, 2013

BEXP With Two Very Nice Wells; Another One in Banks Oil Field; Two (2) New Permits -- The Williston Basin

Bakken Operations

Active rigs: 180 (continues to flirt with the intra-low boom of 179)

Two (2) new permits --
  • Operators: OXY USA, Crescent Point Energy
  • Permits: Little Knife (Billings), Ellisville (Williams)
  • Comments: None.
Wells coming off the confidential list were reported earlier; see sidebar at the right.

Producing wells completed:
  • 23569, 439, Whiting, Miller 44-10TFH, Sanish, t12/12; cum --
  • 20714, 3,884, BEXP, Johnston 7-6 1H, Banks, t11/12; cum --
  • 22712, 2,207, BEXP, Holm 9-4 4H, Alger, t11/12; cum 14K 11/12;


  1. ESTE - Earthstone has about a 5% interest in the Johnston 7-6 and about 28 others in the Banks, mostly with BEXP (Statoil). They hope to have 120 wells in the Banks in the next few years. Some massive IP's...

    1. Yes, the IPs are incredible, and now with Parshall wells modeling out to 1 million bbls for short laterals (EURs), the Banks wells probably better and they are long laterals, the EURs could model out to as much as 2 million bbls in some cases.