Saturday, May 8, 2010

Wildcat in a Designated Oil Field

I assume everyone but me knew this, but just in case, here's a bit of trivia.

A well in a designated field is still identified as a "wildcat" if it's a "test well" into a "new" formation.

This is the case with CLR's 18498. Obert 1-13H is listed as a wildcat by NDIC, but it is clearly in Hebron oil field northwest of Williston. Obert 1-13H is a TFS test well. It came in with an IP of 896. CLR now uses best 24-hour flow rate in the initial seven (7) days of production to determine IPs.

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