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Sunday, February 21, 2010

Bakken: Slawson

Slawson is not publicly traded but it has a very exciting presence in North Dakota.

Slawson Exploration Company, a subsidiary of Slawson Companies.
See also NOG. NOG has partnered with Slawson.

Slawson is doing some very interesting things: I have found three occasions on which Slawson has drilled one well just 105 feet or so from another well, in the same section. There are probably many more examples, but I found these three in a matter of minutes. Even EOG doesn't seem to be doing that. EOG puts a well in each section; BEXP is pioneering 24- and 28-stage fractures; most of WLL's wells are 1280-acre spacing; and now, it looks like Slawson is putting two wells right next to each other. Very interesting. I noted this when looking at the "active rigs" and saw Slawson ready to move the rig on Skybolt to Howitzer. December, 2010 (Update: obviously things have changed: EOG now putting three wells in a section. Other producers putting multiple wells on one site/pad -- March 29, 2010)

NEWS

June 21, 2014: NDIC order for the huge Slawson case in Big Bend oil field.

March 29, 2014: a thousand more wells for Slawson in Big Bend oil field?

March 27, 2012: Slawson wells updated.

October 6, 2010: GeoResources reports results of its Slawson wells.

July 4, 2010: Slawson and Voyager partnering in Wyoming's Niobrara. Voyager's CEO is J. R. Reger, of the Billings, MT, Reger family and NOG.

March 30, 2010: Slawson Snake Eyes. Slawson has been granted two permits for another pair of snake eyes, this time in Van Hook oil field: #18870, Moray Federal 1-10H and #18871, Neptune 1-15H, both in NENW 15-151N-92W. In addition, Slawson was granted another permit the same day (today) for another well in the Van Hook field, #18872, Mustang 1-22H, SWSE 22-151N-92W.

March 29, 2010: Slawson Snake Eyes. Slawson has been granted a permit for another well on same pad as earlier well in the Big Bend oil field, continuing a trend I first noted back in December, 2009. I called them "EcoPads Lite," but I think I will  start calling them "Slawson Snake Eyes." The new permit, #18854, Silencer 1-29H, joins #18574, Mole 1-20H, on section 20-151-92.  One lateral will go north, and one lateral will go south, no doubt. 

February 27, 2010: Slawson's string of wells in the Kittleson Slough field

February 8, 2010:  Interview with Slawson CEO.

February 9, 2010:  A very nice Slawson well reported Feb 9, 2010 -- 1,208 bopd; 42,000 bbls in first 59 days; Fox 1-28H in the Van Hook field. Thoughts on Slawson; my sentiments exactly.

February 8, 2010: A new partner with Triangle Petroleum, a new player in the Bakken.

Slawson: 48 wells on the confidential list; a most intriguing operator; not publicly traded; see the number of Slawson wells in Big Bend/Van Hook. Are Slawson wells 640-acre spacing still? January 23, 2010.

Slawson: Eco-Pads Lite? Slawson drilling two wells from one pad; one lateral going north; one lateral going south. December 15, 2009.