Story here, 2Q, 2010.
Overall: Production increased Nine (9) Percent Over 1Q, 2010.
Bakken: Production increased 93% in North Dakota, compared to 2Q, 2009.
Bakken: IPs averaged 1,265 boepd; all IPs are 24-hour tests.
EBITDAX grows 99 percent to $212 million
Average realized crude oil price was $68.44/bbl in the 2Q, 2010. This speaks volumes about success of hedging. Price of North Dakota sweet was in the 50's most of the 2nd quarter.
Notable company-operated wells that targeted the TFS:
- Meldahl 1-23H (35% WI) in McKenzie Co. - 2,489 Boe;
- Ole 1-29H (36% WI) in McKenzie Co. - 1,864 Boe;
- Bang 2-33H (45% WI) in Dunn Co. - 1,860 Boe;
- Roger 1-18H (22% WI) in Dunn Co. - 1,486 Boe;
- Stortroen 1-13H (49% WI) in McKenzie Co. - 1,461 Boe;
- Lundberg 1-8H (39% WI) in Dunn Co. - 1,238 Boe;
- Strid 1-26H (35% WI) in Williams Co. - 1,092 Boe.
- Franklin 1-20H (34% WI) in Divide Co. - 1,288 Boe;
- Bohmbach 2-35H (68% WI) in McKenzie Co. - 1,271 Boe;
- Brockmeier 1-1H (59% WI) in McKenzie Co. - 1,217 Boe;
- Anseth 1-29H (69% WI) in Williams Co. - 1,088 Boe.
Eco-Pads also allow longer horizontal bores.
Generally, 24-stage fractures, but is testing 30-stage completions.
CLR's press release says they have 18 operated rigs in North Dakota, but I count 19 on NDIC's daily active rig page.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.