Denbury Onshore, LCC, May Have The Most Productive Well in North Dakota History

In the recent transaction in which Denbury Onshore, LLC, acquired 521wells from Encore, one of the wells included perhaps the most productive well in North Dakota history:

Dinsdale 2-4, original operator -- Trans Texas Gas, (Lodgepole, conventional well)

• Permit/File Number: 14213
• Original Operator: Trans Texas Gas 
•  Current Operator: Denbury Onshore, LLC
• IP: 3,357 bbls/day
• IP Test date: 12/30/1996
• Cumulative oil: 4,737,854 (January 31, 2011) Currently: 5K/month
• Comment: this was a Lodgepole well; inside the city limits of Dickinson; a vertical well. This is a phenomenal story: 4 million barrels oil since spudding, and it continues to average 250 bbls/day. One just has to wonder how big that pool of oil is.

Can you imagine the number of accountants and geologists it took to review the value of those 521 wells, including the value of holding leases by production? My hunch is they used the IBM computer that recently won on Jeopardy!