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Wednesday, May 11, 2011

Only Two (2) New Permits Yesterday in the Bakken, North Dakota, USA -- Lots of Other Action However

Drillers: Hunt, Densbury Onshore.

Fields: Werner and Siverston.

Four wells released from confidential status, but unremarkable, e.g.:
  • 19396, 82, MRO, Ernest Charchenko 34-33H, Murphy Creek/Fayette
Hard to believe, only 82 bbls IP; the well sits in Murphy Creek right in the middle of several good fields, including Fayette and Cabernet; perhaps more to follow. Others much smarter than I have noted in the past that MRO has not had outstanding wells in the Bakken.

Meanwhile, five WLL wells approved for confidential status, all in Mountrail County. Three of them are designated TFH wells and one is an "X" well.

In addition, about 55 wells changed hands: from Zenergy to Dakota-3 E&P Company, LLC (a subsidiary of Williams, according to the NDIC report).

More on this in a stand-alone post. 

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