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Monday, July 19, 2010

Simray GP, LLC, Reports a Nice Well, Mandaree Oil Field, ND, USA

File # 18560 in the Mandaree Oil Field, Williston Basin, North Dakota (USA) with an IP of 1,330 barrels of oil per day, operator: Simray Ray Group, LLC.

This is in "the Bakken." The Bakken has a horrific decline rate so the initial production is expected to fall dramatically over the next 90 days. But it is still a good well. The Mandaree oil field is a fairly good field, located inside the Fort Berthold Indian Reservation. The most prominent operator in FBIR is Kodiak Oil and Gas, I believe. 

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