Slawson's Banshee 2-1H

I have to credit someone else with bringing this to my attention. I was so busy updating the NDIC hearing dockets for May that I didn't take time to look at the reports of newly reporting wells.

Take a look at Slawson's Banshee 2-1H well in the Sanish. It's IP was an impressive 1,306 bopd, but more impressive is the consistency of the first few months of production (figures rounded):

• December, 2009, first 22 days: 23k
• Janaury, 2010, full month: 22k
• February, 2010, full month: 17k
• March, 2010, full month: 19k

The total cumulative is 81k in less than four months. Some of the drillers are getting $74 at the wellhead; if so, this well produced almost $6M so far. It will be interesting to see cumulative production one full year from now.

Hopefully Slawson partnered with a public company so we might get some information on this well, particularly number of frac stages. Also, note that Banshee 1-1H is located just a few feet to the west in the same section. It would be interesting to know if both wells are in the same formation. If not, it validates my thinking that fracking only reaches out about 400 feet. We'll see. [Update: the Banshee 1-1H had an IP of 1,117. This suggests to me that fracking does not extend very far out.]

Interestingly, this was a short lateral, and spudding was the last day in October, so this was fast -- the month of November drilling, followed by fracking, and here we are.

The Banshee 2-1H is located right on the border of the Sanish and the Parshall (just inside the Sanish, but practically a Parshall well). It is also right on the section line separating T153N-91W and T154N-91W. Both townships are very active and very productive.

There are two rigs on site in T154N-91W and a string of nine (9) confidential wells running right up and down the center of this township.

Likewise, there are two rigs on site in T153N-91W, and a third well being drilled (just starting) and a fourth well almost complete. There are also four (4) new permits in this township and eight (8) wells remain on the confidential list. All of the wells in the township that are off the confidential list are long laterals except for the Banshee and three others in sections 1 and 2.