Saturday, January 15, 2011

Denbury Completed Wells Update -- Bakken, North Dakota, USA

Denbury (DNR) provides the following information in its December corporate presentation.  DNR says these wells were completed in 2010. Some of these wells have been reported elsewhere on this blog. The IPs are based on "consecutive 24-hour tests." In some cases, the IP that DNR reports is significantly greater than that reported in the NDIC file report. On my blog, the IP report can vary, depending on the source, and I seldom provide the source. If there are two conflicting numbers, the larger number is probably a "24-hour flowback test" provided in a corporate presentation; the lower number is probably the number reported in the NDIC file report, which is more likely a 30-day, or even a 60-day average.

DNR reports that the Klamm well below was in the Cherry oil field; my database shows the Siverston oil field, east of Watford City; the Cherry Creek oil field is southwest of Watford City, but DNR calls this area their "Cherry" prospect.

They also refer to the non-Bakken formation as the "Sanish" formation. I assume that is the Three Forks formation. Early on, most folks referred to this formation as the Three Forks Sanish; then, the Three Forks/Sanish; and, now, most refer to it simply as the  Three Forks formation.

So, with all that preamble, here goes (well name, area, formation, 24-hour IP):
  • Werre Trust 44-34H, Bear Creek, Sanish, 2,532 
  • Porcupine 14-35H, Bear Creek, Sanish, 1,681
  • Porcupine 11X-2H, Bear Creek, Bakken, 1,885
  • Swenson 31-33SWH, Charlson, Bakken, 2,355
  • Gilbertson 11-26H, Charlson, Bakken, 1,500
  • Beckert 24-7H, Bear Creek, Bakken, 1,519
  • Klamm 34-9NWH, Cherry, Bakken, 1,212
  • Hanson 11-12H, Murphy Creek, Bakken, 944
  • Jorgenson 34-9, Bear Creek, Sanish, 1,471
  • Joseph 11-1H, Camp/Indian Hill, Bakken, 1,329
The 60-day average dropped to the 400 - 800 range in most cases.

A reminder: DNR acquired Encore back in 2009 and these wells were permits filed by Encore.

2 comments:

  1. Dbr/Encore has always been kind of goofy to follow. The Beckert 24-7 is in the old KILLDEER FIELD 145-94-7. Some of MRO better IPs off Baily are in that area.Bear creek is north of Oakdale??? Not sure why unless they are trying to set a different field boarder. IF SO clr,mro,brl all have far more wells in the area???

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  2. I think they are referring to these as their "prospects." The DNR areas don't align exactly with the name of the oil fields, but at their corporate presentation one can see how they are doing it -- but, yes, it is confusing to use the same name for their areas (or their prospects as other oil companies would call them) as the actual oil field names. Yes, DNR has a lot of acreage in the area, but not a lot of wells -- yet.

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