Tuesday, April 12, 2011

Seven (7) New Permits -- Bakken, North Dakota, USA

Operators: EOG (4), Zenergy (2), and BTA.

Fields: Thompson Lake, Stockyard Creek, Banks, and Siverston.

The four EOG wells will be on one pad, two horizontals going north, two going south -- may look a lot like an Eco-Pad.

For such a small field, Stockyard Creek oil field certainly gets a lot of attention; this time its BTA.

Ten wells came off the confidential list, to be reported elsewhere (one was a salt water disposal well). One of the wells coming off the confidential list was Fidelity's Kostelecky well in Stark County. This is where Whiting is very, very active in the Three Forks formation. The Kostelecky was a very respectful well, especially considering it's a Fidelity; it had an IP of 595.

On the other hand, a Three Forks well in its very prolific Parshall oil field, EOG's Austin 117-08H, was very disappointing (based on its IP); it had an IP of 42. This well was drilled just feet away from another well in that same section, a middle Bakken formation well that had an IP of over 1,800.

The following permits were canceled:
  • 16892, Helis, Jones 16-15H 
  • 17546, Slawson, Probe 1-19-30H 
  • 17548, Slawon, Menace 1-17H 
  • 17588, Slawson, Scout 1-18H 
  • 17860, Lario, Johnson 1-26H 
  • 19998, Tracker, Regeth 22-1H 
  • 20385, Samson, Pelican 26-35-162-96H
Almost three pages of wells changing operators. There were a handful of PDC Corp wells being acquired by Cornerstone Natural Resources. There were about 75 Tracker Resource Development II, LLC, wells, that were acquired by Hess, including some very nice producers. By the way, we now know that TRZ acquisition by Hess referred to Tracker Resource Development II, LLC.

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