Friday, September 17, 2010

Today's Daily Activity Report

Some interesting items from today's daily activity report:
  • Jack Cvancara 19-18 1-H, previously posted elsewhere, shows a production of 81,000 barrels of oil in less than three (3) months; IP of 4,357; yup: BEXP. We've all known about this well (since the May 26, 2010, press release, but it's finally off the confidential list!)  For an interesting in-depth discussion of the Bakken in general, and the Cvancara specifically, click here.
  • Two different companies reporting on wells targeting the Madison (which by the way, is still the leading formation in North Dakota for oil production, I believe)
  • Ritchie reports a Spearfish well
  • Hess granted three wells on a multi-well pad in the Robinson Lake oil field, EN-Weyrauch series, 154-93-1918. Since they will all run the same two sections, will this be two horizontals in Middle Bakken and one in TFS?  [See comments; I am wrong on how I said this. See this link for more about Hess multi-well pads. If these are true dual laterals like Hess has done before, we should see three more permits by Hess in these sections.]
  • Slawson has a permit in the Elk oil field, south of the river, southwest of Williston. This is the field that BEXP reported an IP of 3,042 for the Papineau Trust 17-20 1-H located at NENW 17-151N-102W.  This well was reported out in July, 2010, just a couple of months ago. Slawson is an exciting operator. Slawson's well is directly north: SWSE 21-152N-102W, Bonanza 1-21-16H
This has not been a particularly good week for the oil patch, so it's nice to see this kind of daily activity report to close out the week.