Thursday, February 10, 2011

URSA Announces An "Important" Well -- Bakken, North Dakota, USA

Either I missed this one, or I forget that I've posted it.

Regardless, this is an important "discovery." Ursa's Jeanie 25-36 2H Bakken well in McKenzie County had a 24-hour flowback IP of 1,185 boepd (1,004 bopd).  Jeanie has a long lateral horizontal fracked with 30 stimulation stages.

According to Rigzone.com:
The Jeanie well (#19295, T147N, R103W) is located in the heart of Ursa's "Bar Trend" acreage. Success at this well extends the positive well results observed in Elm Coulee field to the west, and the area of intense industry activity and positive well results in the central basin area to the north.
The well is in the Pierre Creek oil field, trending toward the southwestern part of North Dakota. I'm not sure if this was a "wildcat," but it certainly is located in an area where there is little immediate activity.

According to the article, URSA has 110,000 net acres in the North Dakota Bakken (at least that was implied).

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