Oops! Hess Does It Again. Round 2.

Last time I featured Hess in an "Oops! Hess Does It Again," Hess had been granted six (6) wells on one site, three long laterals running north, and three long laterals running south. This time it's not six wells, but it's still exciting: three permits granted for three wells in section 30-155N-93W in the Alger field. They will be an Orion Belt, spaced at 125 intervals with long laterals running south-north from section 30 to section 19. Three wells? Middle Bakken, Upper TFS, and Lower TFS is my guess. These are the EN-Abrahamson-155-93- 3019H wells, # 1, #2, and #3.

For those tracking the official permits, these are file #'s: 18838, 18839, and 18840 on the March 22, 2010, daily activity report. By the way, according to the GIS map server, these three wells are in the Robinson Lake oil field, just one section away from the Alger. #18838 is already posted on the map, but the other two are not there yet.

Once the drilling is underway, folks from Williston can drive east on State Highway 1804 for about 50 miles east and see these three wells being drilled. The wells will be 435 feet from the road. Shortly after passing these wells, you will swing south and will be headed directly for New Town. If you get to the casino, return home via Watford City and stop at the steak house/restaurant there. Should be exciting.

Update on DKRW

April 9, 2010: Still no response from DKRW.

March 21, 2010: Update: I have not heard back from DKRW after asking about their outlook for natural gas which is the first thing one sees on their home page:

"The most conservative estimates of North American natural gas supply demonstrate a serious shortfall in production for the foreseeable future. With short supply driving prices higher, we are now seeing some of the highest natural gas prices in the world here in the Southwestern United States and Mexico. With so much of our energy infrastructure and industry tied directly to natural gas, it is necessary to identify and deliver more competitive supply options in order for the US and Mexican economies to grow."

March 16, 2010: I sent my inquiry to DKRW on March 15, 2010. On that same date they acknowledged receipt; to date no response.

 
Hangin' On the Telephone, Blondie / ABBA

*****

Is it just me or do others find this opening statement at their home page by DKRW confusing?

"The most conservative estimates of North American natural gas supply demonstrate a serious shortfall in production for the foreseeable future. With short supply driving prices higher, we are now seeing some of the highest natural gas prices in the world here in the Southwestern United States ..."

Everything I read suggests just the opposite, specifically: North America is swimming in natural gas; and, the price of natural gas continues to deteriorate.

Just after I posted the above, I came across this link: energy companies moving away from natural gas.