Several Great Wells Off the Confidential List Today -- Whiting, BR -- Elidah Field -- Bakken, North Dakota, USA

Whiting has a "cash cow" in the Sanish; funds their Lewis and Clark prospect as they begin to develop this prospect.  Neither Burlington Resources nor Whiting has much reason to "inflate" IPs or 24-hour flowbacks.

• 18798, 1,659, BR, Haymaker 21-15H, Elidah, Bakken
• 18853, 1,485, Whiting, Moore 14-7XH, Sanish, Bakken, 50K in first 60 days
• 18762, 1,146, Whiting, KR State 11-16TFH, Sanish, Bakken
• 18531, 3,863, Whiting, Hansen 12-20H, Sanish, Bakken, 90K in first 3 months
• 18477, 1,685, Whiting, Oppeboen 12-5H, Sanish, Bakken

Notice the Whiting "X" well in the Sanish, as well as their TFH well.

Elidah field is becoming very active; the field was mentioned a number of times in NDIC hearing dockets scheduled for December, 2010.  The Elidah field is only 42 sections, just a bit larger than one township. For all intents and purposes, the Elidah field is T151-R97. It is located about 14 miles west of the western border of the Fort Berthold Indian Reservation. The two major players in the field are Burlington Resources and Continental Resources; currently BR has 7 wells (file numbers) and CLR has 12 wells (file numbers).


For newbies, take a look at this well again:

• 18531, 3,863, Whiting, Hansen 12-20H, Sanish, Bakken, 90K in first 3 months. At $50/bbl, that's $4.5 million at the wellhead. As a rule of thumb, it costs about $6.5 million to drill and complete a Bakken. North Dakota wells can continue to produce for twenty years, although the decline rate during the first year is horrendous.