Wednesday, March 27, 2013

Cornerstone Natural Resoures Has a Bakken Well On the Eastern/Northeastern Edge

Updates

March 27, 2013: Another reader noted some other Cornerstone wells. Cornerstone's recently finished Jepsen well (22013) must be pretty close to the Albertson (22777).  The Jepsen is doing really well in its first few months of production and is listed as a Three Forks well.  And if you want to go farther north, Cornerstone has the Cuplin - 22012 - a Three Forks well, and its sister well the Carpentier - 21637 - a Bakken well - right up against the Sask border.

Yes, the Jepsen is just a mile to the west:
  •  22013, 360, Cornerstone, Jepsen 3-20-17H, Coteau, t11/12; cum 34K 1/13;
  • 22012, 324, Cornerstone, Cuplin 6-3-10H/Nevius Cuplin 2-3-10H, Flaxton, t5/12; cum 41K 1/13;
  •  21637, 292, Cornerstone, Carpentier 3-34-27H/Pierre Carpentier 3-27-34H, Flaxton, t5/12; cum 39K 1/13;
 The  Carpentier/Cuplin are practically on the Canadian border.

Original Post

A reader noted how far east this well is in the Bakken:
  • 22777, 222, Cornerstone Natural Resources, Albertson 6-27-34H, South Coteau, t2/13; cum 7K 1/13;
There are Bakken wells this far east, and northeast, but it is about as far east/northeast as one gets in the Bakken. It will be interesting to see how the well does.  The well is northeast of the Cottonwood field which is a mediocre field, and north of Dimond field which is due east of Cottonwood; Dimond has not been a good field for OXY USA. The Dimond and South Coteau are quite far east. It's about 60 miles northwest of Minot.

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The note I sent a reader after noting the above:
Wow, I'm glad you noted that. I was traveling and completely forgot to look at yesterday's daily activity report. Yes, that well is quite a ways out. We'll have to wait to see how well it does.

It wasn't very deep at 17,555 feet (I'm used to seeing 19,000-foot Bakken wells or somewhat longer).

I would expect it to be a Three Forks well this far northeast, and indeed, the application for permit says Three Forks,  but the drilling report/completion report is not there yet.

The various forms variously say Bakken Pool and Three Forks Pool, but the application says Three Forks. Also, one form said the Lostwood field, but the NDIC report says it is South Coteau and almost all the forms said South Coteau. This well does run south into South Coteau.

Its sister well, on the same pad, 22776, Wahlund 3-22-15H, runs north into Lost Wood; 32 stages and 2.7 million lbs sand and ceramic, so an expensive well; the Wahlund was a middle Bakken well had an IP of 276