Friday, August 20, 2021

Update: The Lower Three Forks -- August 20, 2021

January, 2021: the lower Three Forks formation (third bench), Bakken-Three Forks petroleum system, overview of development history and future potential; Timothy O. Nehsheim, GeoNews, DMR, North Dakota, link to source article

It appears there is some movement toward 1st bench / 2nd bench morphing into upper Three Forks, and 3rd bench morphing into lower Three Forks.

Future potential:

  • sub-60% water-cut areas:
    • 710,000 acres
    • 550 "standard" 1280-acre drilling units
    • three horizontal wells per spacing unit = over 1,600 horizontal lower Three Forks wells (~ 3rd bench wells)
  • sub-70% water-cut area
    • 1,600,000 acres
    • more than double that of just the sub-60% water-cut areas
    • potential: several thousand wells

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