Pages

Wednesday, September 15, 2010

Whiting: Five (5) Wells in One Section -- And, No Doubt, More To Come

With another Whiting permit granted today in section 4-152N-92W, Whiting will have five wells in that section, all long laterals undoubtedly.

So, here's where Whiting stands in section 4-152-92:
  • Peterson 11-4H, Lot 4, #17552, producing
  • Foreman 11-4TFH, Lot 4, #18724, confidential
  • Peterson 13-4H, #18882, confidential
  • Foreman 21-4TFH, Lot 3, #19555, permit
  • Brehm 21-4TFH, Lot 3, #19320, permit

So, without calling these Eco-Pads, they are certainly very similar to CLR's Eco-Pads, with two closely spaced horizontals targeting the Three Forks Sanish and the Middle Bakken in parallel.

Since the wells are still on confidential status, we don't know which sections these wells will target. Be that as it may, Whiting is now up to five wells in a section in the highly productive Sanish.

So, now, a waiting game, to see how these wells pan out.

It should be noted that Whiting also has "infill" wells among their Bakken wells which they designate as "X" wells.

[Remember the good ol' days when folks said the EUR for a section would be 500,000 bbls of oil. Then they said the EUR for a good Bakken well would be 700,000 bbls of oil, but implying that there would only be one well per section. Now, we have five wells in one section -- does this mean 3.5 million bbls of oil/section in the core Bakken [five times 700,000] -- just "back-of-the-envelope" calculations. And my hunch is that very few wells are being super-fracked yet.]


Wooly Bully, Sam the Sham and the Pharoahs


As someone said about this video: Mexican-Americans dressed in faux-Arab costumes rocking the 60's with a classic nonsense-lyrics two-chord song. What's not to love? That's about how I feel about five wells in one section -- what's not to love.

2 comments:

  1. I agree 5 wells with an eur of 700,000 ,even relatively small mineral acre holders are "well" off.

    ReplyDelete
  2. Thank you for stopping by.

    I continue to be irrationally exuberant about the Bakken. Good luck to all.

    Yes, it will be interesting to see if there are any stories in the mainstream media about EURs of some of the better sections in the Bakken. It explains why some leases were worth $12,000/acre (search this site for that article).

    ReplyDelete

Note: Only a member of this blog may post a comment.