Just How Good Is the Bakken? 700K For a Well Less Than 3 Years Old

This is just a completely random note. I took this from an earlier posting regarding a different subject, so you may think you are reading something you might have already seen. Yes, you are.

In a 4-mile square area, straddling the Parshall and the Sanish oil field, here are some of the wells:

• 19182, EOG: a new well, IP of 812, the Upper Bakken
• 17287, EOG: (same section as 19182, just a few hundred feet to the east): 1,137, spudded 10/08; tested 10/08; Upper Bakken; 572K as of 2/11
• 18912, EOG:  (one mile north): 422, spudded 5/10; tested 7/10; 17 stages; Three Forks; 34K as of 2/11
• 17500, EOG: (one mile north): 2,162, spudded 8/08; tested 11/08; Upper Bakken; 573K as of 2/11
• 18913: (one mile north: still confidential (all three -- 17287, 18912, and 17500 are in a line, in the same section)
• 17263, Murex:  3,124, Murex, Chandler James 25-36H, spudded 7/08; tested 10/08; 680K as of 2/11; Middle Bakken

It's hard for me to believe that only one to two miles apart, that in one field, that of the three Bakken formations, it is only the Middle Bakken that is a pay zone, or that only the Upper Bakken is the only pay zone. With that thought in mind, here you have a huge well in the Middle Bakken operated by Murex in the Sanish, just a mile or two away.

It's easy to connect the dots. Remember, folks, some operators are asking for as many as 13 wells in one Bakken Pool spacing unit.

Within a few miles of each other, five great wells: three Upper Bakken, one Middle Bakken, and one Three Forks.

It's hard to believe that the Chandler James, at almost 700K bbls to date, is less than three years old.