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Wednesday, September 8, 2010

WLL Acquires More Acreage in Montana Bakken

I don't follow the Montana Bakken -- there is just too much data. I cannot even keep up with the North Dakota Bakken as it is.

Having said that, WLL has reported some great wells lately, and now they report they've acquired a significant amount of acreage in the Montana Bakken.

I assume we will see a few WLL rigs in North Dakota move to the Montana side of the state line, thus decreasing the number of active rigs in North Dakota.

This will put more pressure on fracking crews and rigs and pipelines. I'm still convinced we haven't seen anything yet.

Remember, all those Elm Coulee wells drilled between 2000 and 2006 were probably single-stage fractures.

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