Friday, December 3, 2010

Eleven (11) New Permits -- North Dakota, USA -- and a 3-Page Daily Activity Report

Producers: XTO (5), EOG, Marathon, Petro-Hunt, BEXP, Slawson, and Hess.

Fields: Clear Water, Van Hook, Heart Butte, Glass Bluff, Dollar Joe, Painted Woods, Cabernet, Basking and three wildcats.

Two of the XTO wildcats will be on one pad.

A couple of comments that may or may not be a bit accurate.

First, I'm sure it's just me, but it seems XTO has been more active with permits since it was bought by XOM.

Second, I have not been impressed with the EOG wells in the Clear Water field, based on IPs, but I don't think EOG would keep drilling these Clear Water wells if they weren't "economic." And if these wells are worth drilling, the EOG wells in the Parshall must be significantly better.

The daily activity report included permit #16223, a Whiting well, which was "recompleted from RR/Stonewall."  RR = Red River. Both the Red River and the Stonewall are oil producing formations in the Williston Basin. They are deeper than the Bakken formation. I do not know if this was horizontal well or a conventional (vertical) well.

No comments:

Post a Comment