Friday, January 14, 2011

Five Nice Wells Reported By WLL Today -- Bakken, North Dakota, USA

These five (5) Whiting wells came off the confidential list today:
  • 18724, 1,251, WLL, Foreman 11-4TFH, Sanish, Bakken, cumulative 46K in 5 months
  • 18639, 2,309, WLL, Iverson 21-14H, Sanish, Bakken, cumulative 114K in 5.5 months
  • 18553, 1,776, WLL, Kannianen 43-31H, Sanish, Bakken, cumulative 78K in 5 months
  • 18507, 1,946, WLL, Lahti 24-22H, Sanish, Bakken, cumulative 127K in 5.5 months
  • 18500, 1,073, WLL, Marmon 12-18TFH, Sanish, Bakken
For the first four wells listed, 365,000 bbls cumulative oil. At $50/bbl = $18 million. Four wells probably cost $28 million to drill and complete. 

The fifth well, the Marmon well, had a great IP, but cumulative oil all not that impressive. Time will tell.

Remember, on a daily basis, I post new wells that report data at this page.