- 18990, 1,054,WLL, Knife River State 21-16H, Sanish, Bakken
- 18928, 1,890, WLL, Ogden12-3H, Sanish, Bakken, 55K in first 3 months
- 18926, 2,140, WLL, Hagey 12-13H, Sanish, Bakken, 51K in first 3 months
- 18876, 3,023, WLL, Rohde 14-6XH, Sanish, Bakken, 67K in first 3.5 months
- 18761, 3,027, WLL, Fladeland 43-9H, Sanish, Bakken, 74K in first 4 months
- 18743, 1,468, WLL, Miller 43-10H, Sanish, Bakken, 37K in first 3 months
- 18658, 2,685, WLL, Mayer 12-3H, Sanish, Bakken, 45K in first 2 months
- 18635, 2,591, WLL, Littlefield 21-12H, Sanish, Bakken, 92K in fir 4 months
Whiting has never had a need to "inflate" or "hype" their IPs, in my opinion.
Two other things about Whiting:
- They are maximizing cash flow from the Sanish while stepping out into the edges of the Bakken and the pinchout of the Three Forks in the southwest part of the state. In the same locations, they are no doubt studying the legacy fields, the Tyler formation, and the Lodgepole.
- Whiting has made it very well known how they plan to put in as many as eight wells in their spacing units in the Sanish.
Continental Resources is still "the face" of the Bakken, but I have to admit that I have been quite impressed with Whiting for the past year. Absolutely stunning, in my estimation. It will be interesting to see the number of frack stages and the proppants WLL is using, something we may not know for quite some time.
Note: some of these may have been previously reported in Whiting press releases, or by statements from partners with working interests in these wells. Reported IPs from the same well can vary depending on whom is doing the reporting.
twos years ago I told my son to invest in Whiting, and lucky for him he took my advice and is skuper ahead. Whiting is oneof ;the best-run companies in the country, including other than oil and gas companies
ReplyDeleteThank you for writing.
ReplyDeleteYes, I missed WLL. It was one of several that I spotted back in 2008, but selected a couple others instead.
Right now, it appears WLL is the premier Bakken play (among the drillers). WLL has the cash flow coming out of the Sanish to allow them to see what they have in the TFS in the southwest part of the Basin, as well as some other formations. Yes, I am quite impressed with WLL.
After the split, I may buy some.
My other favorite right now is NOG (different business model).
Good luck you and your son. Again, thank you for stopping by. But I am quite serious about WLL: it has, and is, doing very, very well.
I notice you like NOG. Besides getting my son into WLL (which is my last msg) - I got my wife into NOG at under $5/share. They have the craziest business plan (were they don't drill anything) but it is certainly successful and I think it will keep going ukp and that your saying NOG is a favorite is right on. Indeed, I think I will buy 10 shs or so today before the mkt closes - No response needed to this.
ReplyDelete