[This is how "Whiting North" and "Whiting South" would align with Whiting's prospects:Right now, the drillers are focused on the middle Bakken and the Three Forks, but there are other formations that continue to be just as exciting in the big scheme of things.
Whiting North (all Middle Bakken, Three Forks)
Whiting South (various formations)
- Starbuck (Montana)
- Cassandra
- Sanish
- Parshall
I am particularly intrigued by "multiple objectives" in the Big Island: Red River, Birdbear, Bakken, Tyler, Lodgepole]
- Hidden Bench: Middle Bakken "C" Objective
- Lewis and Clark: Three Forks
- Big Island: Multiple Objectives
It turns out Whiting is also in the Bicentennial-Beaver Creek-Roosevelt (BBCR) trend which is where the drillers have been most successful targeting the Birdbear formation over the years. So, I thought a quick review of the Birdbear activity was in order.
- In 2009 there were 171 wells targeting the Birdbear formation in North Dakota.
- In 2010 there were 171 wells targeting the Birdbear formation in North Dakota.
- The cumulative total of oil produced from the Birdbear through the end of 2009: 18,138,718.
- The cumulative total of oil produced from the Birdbear through the end of 2010: 18,715,505.
- The delta, 2010 to 2009: 576,787.
- Divided by 171 --> 3,373 bbls/well/year --> x $50/bbl --> $170,000/well/this past year.
- 15752, 227, Whiting, State 41-16H, tested 12/05; cumulative, 104K (Birdbear)
- 11422, 81, Encore, Mesa Federal 1-9 (vertical), tested 7/1997, 114K (Birdbear)
- (By the way, 11422 also drawing oil from the Red River, 104, tested 6/1985; 92K)
- 15412, two pay zones (the third pay zone, the Red River, dry, though it had an IP of 129):
- 15412, ---, Whiting, Federal 32-4HBKCE, tested ---; 53K (Birdbear)
- 15412, 192, Whiting, Federal 32-4HBKCE, tested 2/05; Dry (Red River)
- 15412, 1,835, Whiting Federal 32-4HBKCE, tested 11/09; 112K (Bakken)
- 14976, 662, BTA Oil, 20002 JV-P Agate 1, tested 2000; 800K (Birdbear)
- 6973, two pay zones:
- 6973, 249, Wesco, Hall Federal 2-12 (vertical), tested, 11/79, 484K (Red River)
- 6973, 401, Wesco, Hall Federal 2-12 (vertical), tested 10/00, 267K (Birdbear)
Note, none of the above are Three Forks wells. So, I went a bit southeast to see who was drilling the new wells in the area. It turned out to be Whiting, and I believe the following will all be Three Forks wells. [Update, August 27, 2011: I was wrong: note #18650 is a Madison well.]
- 19687, 1,919, Whiting, Clemens 34-9TFH, Elkhorn Ranch, just a few miles to the northwest of the BBCR trend; t7/11; cum 88K 6/12;
- 20763, 829, Pride Energy, Beaver Creek State 1-36H, t11/11; cum 70K 6/12;
- 19050, 752, Whiting, Teddy 21-24TFH, Big Stick, t4/11; cum 39K 6/12;
- 19294, Conf, Whiting, BSMU 3605, Big Stick
- 19370, 17 (no typo), Whiting, BSMU 2905, Big Stick; t4/12; cum 227 bbls (no typo) 6/12; a Madison well
- 18650, 258, Whiting, BSMU 3203v, Big Stick, spacing: U; Madison pool; t3/11; cum 62K 6/12;
- 18652, drl, Whiting, BSMU 3107, Big Stick,
- 12937, 546, Zenergy, Debra Rauch 1-1(H), tested, 11/90; cum 120K 6/12; Ash Coulee, Bakken; it is still producing 80 bbls/month
Williston Basin (MB and TF): 127 million bbls oilFor Julie LeFever's analysis of the Birdbear in North Dakota, July, 2009, click here (same link as above).
Big Tex - TX: 37 million bbls oil
Redtail - CO: 38 million bbls oil
Sulphur Creek - CO: natural gas (which I don't follow)
Other Areas -- CO, MI, ND, TX, UT, WY: 25 million bbls oil
With Whiting breaking out MB and TF separate from other pay zones, my hunch is that the 25 million bbls in "other areas" is significantly understated.
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