A big "thank you" to a reader for sending these stories/links. Some of this information has previously been reported.
1. Conoco update in the Bakken; record well in the Bakken; earmarks $4 billion for the Bakken through 2017. For newbies, Burlington Resources (BR) is wholly-owned subsidiary of COP.
2. Previously reported; from another site: New Bakken formation -- Whiting to drill up to 15 wells to test Lower Bakken Silt oil zone at Hidden Bench; see below.
3. Top three Bakken wells by IP rate:
While ConocoPhillips brought in what appears to be the best initial production rate, or IP, for oil produced in a 24-hour period of any well in North Dakota to date with its McKenzie County Brazos 24-34H well in 2012, Whiting Oil and Gas appears to be running a close second — and third — based on limited research of the North Dakota Oil and Gas Division’s data base by Petroleum News Bakken. Whiting has three wells in the Twin Valley field in northern McKenzie County called the Tarpon wells. Two of those Tarpon wells rank second and third behind ConocoPhillips’ Brazos 23-34H well in terms of oil IP rates.
- 20636, 5,130, BR (COP), Brazos 24-34H, Charlson, t6/12; cum 59K 1/13;
- 22361, 4,971, Whiting, tarpon Federal 21-4-3H, Twin Valley, t12/12; cum 64K 1/13;
- 20589, 4,815, Whiting, Tarpon Federal 21-4H, Twin Valley, t10/11; cum 302K 1/13;
With regard to the Whiting story testing the Bakken Silt:
The company is so confident about transforming the Silt into production that it plans to invest millions of dollars “bracketing” the formation with as many as eight wells above and seven wells below the Silt.
The wells, to be drilled on 160-acre spacing, might even improve current production from the Middle Bakken zone, the company said.
Previous ‘Silt” drilling failed Whiting said it previously attempted to drill into the Lower Bakken Silt but ran into difficulties when the drill bit got stuck in the formation. “So our approach here is essentially to drill both above it in the Middle Bakken and below it in the Three Forks and essentially frack simultaneously to develop this zone,” Mark Williams, Whiting’s senior vice president of exploration and development, told analysts March 4 at the Raymond James Institutional Investors Conference in Orlando, Florida. [Fracking the "Oreo cookie halves" to develop the cream.]At Hidden Bench, Whiting could increase the density of the middle Bakken and/or Pronghorn formation wells, as well as target the Lower Bakken Silt.
In addition to this information, there is much, much more information at the link.