Friday, February 19, 2010

Five "Hot" Areas in "The Bakken"

I posted the following a few weeks ago, but it was buried in a very long post, so I am bringing this forward:

Five areas of significant drilling activity or results: a) Parshall-Sanish oil fields north of the reservation; b) the Van Hook / Big Bend areas inside the reservation, especially Slawson; c) the area immediately around Williston, especially to the west, to include eastern Montana; d) the Highway 50 Corridor: on either side of Highway 50 southeast of Kenmare, and north of Parshall, the Clearwater oil field, especially EOG; and e) Ambrose, a ways north of Williston. [Update: Slawson hit a great well in Van Hook: IP of 1,208 bopd and 42,000 bbls in first 59 days -- Fox 1-28H. Also, EOG announced a great Van Hook well, the Van Hook 100-15H, with a 1,390 bopd, and this targeted the Three Forks Sanish. February 9, 2010.]

Since posting that, I might move the Ambrose field off the list and replace it with the Elm Tree. No new permits for the Elm Tree have been granted so far this year (2010) but CLR has just reported three wells, each with IPs over 1,000 bodp and one approaching 2,000 bopd, and that may change things.

I also might drop the area around Williston off the list for the time-being. It remains my sentimental favorite (my hometown) but it has had some spectacular BEXP wells, and EOG has since moved into the area.

See sidebar to the right if you are interested in more information on some of these fields.

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