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;

2 comments:

  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...

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    Replies
    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.

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