In the April, 2011, NDIC hearing docket, case 14561:
Application of Corinthian Exploration (USA) Corp. for an order amending the field rules for the North Souris-Spearfish Pool to create and establish the following 320-acre spacing units comprised of the following narrow sections: Sections 25; 26; 27; 28; and 29; and in addition, the N/2 of Section 32; the S/2 of Section 32; the N/2 of Section 33; the S/2 of Section 33; the N/2 of Section 34; the S/2 of Section 34; the N/2 of Section 35; and the S/2 of Section 35, T.164N., R.77W.; and the N/2 of Section 2; the S/2 of Section 2; the N/2 of Section 3; the S/2 of Section 3; the N/2 of Section 4; the S/2 of Section 4; the N/2 of Section 5; and the S/2 of Section 5, T.163N., R.77W., Bottineau County, ND, authorizing the drilling of a total of not more than 12 wells on each spacing unit, eliminating any tool error requirements and such other relief as is appropriate.It is hard to count, but I believe that is 20 320-acre units. With up to 12 wells on each spacing unit, that is a total of 240 wells. [Correction: see comment below. Sections 25 - 29 have only 160 acres because they butt up against the Canadian border; they will "only" have six wells. It appears I would have to subtract 6 sections x 6 wells --> 36, for a new grand total for a total of 204 wells.]
Twelve (12) wells per 320-acre spacing unit is fifty percent more than what EOG Canada was putting in north of the border:
First mention of Spearfish for horizontal drilling, February 10, 2010. This thread mentions that "EOG Canada" has put in as many as eight (8) horizontal wells in one half-section (320 acres) targeting the Spearfish.The hearing dockets for April are incredible. Take a look at the number of Bakken wells they will drill in one section.
Another note from the comment below: EOG said it would need a (an?) EUR of 25,000 to make these wells "break even." 25,000 bbls x $75 --> $1.875 million.
Eager to see how this all works out.
