North Dakota Bakken Acreage

ERF

• 71,500 net acres FBIR, Sept 14, 2010, presentation, includes recent purchase
• + 46,500 acres bought in FBIR, Sept, 2010; $9,600/acre
• EUR: 300 - 500K/well
• Two wells/section
• 70 Bakken/TFS wells
• 4 rigs
• Current as of Sept 27, 2010

If you stumbled upon this page by accident, note: I no longer update this page. I update "acreage by operator" at this link.  Note, however, the link at the bottom of the page to an interesting commentary.

CLR (total Bakken acreage)

• 864,559 net acres
• + 47,707 net acres acquired 3Q10
• EUR: 518K/well
• 20 rigs
• Current as of Oct 11, 2010

BEXP (total Bakken acreage)

• 358,000 net acres (includes Montana)
• + 76,000 net acres between December, 2009 - Sept, 2010
• EUR; 500 - 700K/well
• 5 -> 8 rigs
• Current as of Sept 27, 2010

WLL

• 428,906 net acres (North Dakota only)
• + 90,174 net acres, Montana, Sept, 2010, purchase, Starbuck
• EUR: 850K/well
• 13 rigs
• Some of the best acreage in the Sanish
• Current as of Sept 27, 2010

OAS (total Bakken acreage)

• 325,700 net acres (ND and Montana) (by my calculations)
• Includes an additional 16,700 units acquired November 5, 2010
• 5 rigs: four in West Williston; one in East Nesson (November 8, 2010)
• Some of the best acreage in the Bakken, but also some mediocre acreage
• Current as of Sept 30, 2010

KOG (all ND Bakken, to the best of my knowlege)

• 72,000 net acres
• 2 rigs
• Most acreage in/near FBIR; recent acquisition - exposure north of Williston
• Current as of October 20, 2010; after announcement of acquisition this week

NOG (all ND Bakken, to the best of my knowlege)

• >100,000 net acres
• 0 rigs; partners with others
• Unique business plan

Thoughts on long term investing in the Bakken and acreage.