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Friday, January 21, 2011

SM and XTO Report Two Nice Wells -- Bakken, North Dakota, USA

Two nice wells being reported on NDIC file reports today:

  • 19134, 1,171, XTO, Kelvie 11X-15, Grinnell, Bakken, cum 26K in 80 days
  • 18814, 1,754, SM, Wilson 8-20H, Charlson, Bakken, cum 36K in 50 days
The Charlson has always been a good field. I don't know much about the Grinnell field. 

With regard to the Charlson:
The most successful well to date in North Dakota sits in the Charlson: file #16059, the USA 2D-3-1H, a Petro-Hunt, LLC, well that was spudded in October, 2006.  That well targeted the Three Forks Sanish. [At $60/barrel = almost $55 million in about 3 years]. UPDATE: USA 2D-3-1H hit a new record this past June, 2010: one million bbls of oil cumulative. See comment at this post.
The Wilson 8-20H is 3.7 miles southwest of the USA 2D-3-1H, just a couple of sections away from each other.

The Grinnell oil field is due east of Williston, and east of the fairly well-known Stockyard Creek. The field is about 41 sections in size, but almost all of it is under water. Approximately 10 sections are dry land and that's where the wells will be place.

XTO is now owned by XOM.

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