tag:blogger.com,1999:blog-1149283829854298377.post5644557954386993608..comments2024-03-28T00:16:36.326-05:00Comments on The Million Dollar Way (The Bakken Oil Blog): When Did They Know? and, What Did They Know?Bruce Oksolhttp://www.blogger.com/profile/10952652803684625738noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1149283829854298377.post-55093842794228266342012-05-27T20:34:03.642-05:002012-05-27T20:34:03.642-05:00You are welcome. I am very, very exciting to see t...You are welcome. I am very, very exciting to see this play out. I don't have any "dog in this fight" -- no mineral rights, e.g. -- but I still get a kick watching this unfold.<br /><br />Hindsight is 20/20 but it certainly is interesting to look at the dots (events) that have occurred in this area the past 18 months and then to learn about the Pronghorn Sand. In the big scheme of things, very few people really understand the Bakken, and even fewer have even heard of the Pronghorn Sand.Bruce Oksolhttps://www.blogger.com/profile/10952652803684625738noreply@blogger.comtag:blogger.com,1999:blog-1149283829854298377.post-33000961456656179822012-05-27T20:31:04.808-05:002012-05-27T20:31:04.808-05:00Hey Bruce, thanks for updating the Pronghorn page ...Hey Bruce, thanks for updating the Pronghorn page as I had requested! Thanks for all the updates, Pronghorn is exciting, can't wait to see how it keeps evolving over the next few years. Hope you had a nice weekend! JeremyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1149283829854298377.post-90452598620824000972012-05-27T20:30:16.010-05:002012-05-27T20:30:16.010-05:00Thank you for the kind words. I've learned a l...Thank you for the kind words. I've learned a lot from my readers, and early on from the Bakken Shale Discussion Group. I'm sure the professional get a daily laugh from the blog ... smile. And I've told some of them in person, but they are very gracious. They don't reply.<br /><br />I can't answer any of your questions at the moment, I'm sorry. I am not aware of a map yet that shows the Pronghorn Sand, but that's a very, very good question. Something tells me the oil companies involved are trying to find it's extent. <br /><br />I agree with you with regard to Chesapeake; I would be surprised if their current wells are targeting Pronghorn Sand; I suppose that could change.<br /><br />The issue of derisking. I assume there are fairly strict guidelines/rules about declaring a area as derisked. Whiting may feel pretty comfortable about what they have but to formally declare it derisked they have to have the data (which they will get from their wells). <br /><br />You know, 138/99 is very, very close to the action, unless I'm misreading the map. Both Gaylord and Zenith oil fields share their southern border with 138/99. Just a matter of time.Bruce Oksolhttps://www.blogger.com/profile/10952652803684625738noreply@blogger.comtag:blogger.com,1999:blog-1149283829854298377.post-72410804719332706812012-05-27T20:16:31.315-05:002012-05-27T20:16:31.315-05:00This Pronghorn is very interesting. Makes you wond...This Pronghorn is very interesting. Makes you wonder what the future of the "Bakken" holds....as they continue to find new layers. <br /><br />I was thinking like you...this area was basically a Three Forks/Tyler type play and then this comes along. <br /><br />When you look at Whiting's map/presentation on the Pronghorn, it shows the current derisked area with a long sliver of non-derisked area thru it... between Dickinson and Belfield stretching for quite a few sections. Seems odd...any thoughts on why this would be left as non-derisked?....<br /><br />I hope the Pronghorn goes as far south as their overall prospect area shows...needs to get down to 138/99 to do us any good. :) <br /><br />I know that Chesapeake is struggling in southern Stark, but not sure what formation they are currently going after?...Mission Canyon?...I don't think it is the Pronghorn sands...<br /><br />Is there a map that you are aware of that shows the just the Pronghorn sands formation?....like they have for the Bakken or Tyler? <br /><br />You call yourself a layman, but I think your overall knowledge is growing to the point where an honerary degree someday will be inorder....keep it up!! I have learned TONS from this blog.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1149283829854298377.post-63010099578881774412012-05-27T15:13:15.046-05:002012-05-27T15:13:15.046-05:00You are correct; I had missed that. It's on sl...You are correct; I had missed that. It's on slide 22 of the May, 2012, Whiting corporate presentation.<br /><br />For newbies, this is not a new NDIC-named field. There is already a Pronghorn Field in the Williston Basin and it is not in this area.<br /><br />In addition, the area described on this slide incorporates many NDIC-designated fields. I will continue to call it their Pronghorn Prospect so as not to cause confusion, at least for awhile, until this is sorted out. Newbies coming to the NDIC GIS map server and searching "Pronghorn Field" will not find the area we are describing between Belfield and Dickinson.<br /><br />And yes, you are correct; I had not paid attention: the Pronghorn Field/Prospect goes much farther south than I implied in my earlier posts. Much of it appears to be where there are no fields yet designated by the NDIC (going south of the interstate).<br /><br />Thank you for taking time to point this all out.Bruce Oksolhttps://www.blogger.com/profile/10952652803684625738noreply@blogger.comtag:blogger.com,1999:blog-1149283829854298377.post-63061293566089634042012-05-27T15:08:28.299-05:002012-05-27T15:08:28.299-05:00Whiting now uses Pronghorn Field.
A year ago it ...Whiting now uses Pronghorn Field. <br /><br />A year ago it was just land included in the Lewis and Clark Prospect. Then it became a sub-prospect (Lewis and Clark/Pronghorn). Now it is the Pronghorn Field. <br /><br />Looking at a Whiting presentation of its pipelines (existing and planned)this new field is bigger and goes further south than what was described just a few months ago as the Pronghorn Prospect.Anonymousnoreply@blogger.com