Ursa's Borseth 15-22 1H: Why The Bakken Remains Exciting -- Bakken, North Dakota, USA

This Ursa well is out in the middle of nowhere as far as Bakken activity is concerned. It's 11 miles directly south of Watford City on US Highway 85, but it is a wildcat, and absolutely no activity in the immediate area. None. Nada. Zilch. And this is the result:

• 19410, 2,015, Ursa, Borseth15-22 1H, Wildcat, Bakken

An IP of 2,015 -- a very nice well. It turns out there is a string of wells east of this well in Haystack Butte oil field, most of which are still confidential. Three, however, have come off the confidential list and are good wells:

• 18841, 1,833, Conoco (BR), Amanda 21-14H, Haystack Butte, Bakken
• 19437, 2,805, BR, Inga 24-12H, Haystack Butte, Bakken
• 19129, 1,680, BR, Aiden 31-13H, Haystack Butte, Bakken

So, bottom line: another great well (based on IP); a wildcat in an area not yet designated as an oil field, and it will open up an entire new area for drilling (or as the drillers call it: "derisking" an entire area).

And this well is right on Highway 85: 0.25 miles to the west of the highway. It has to be exciting for Ursa. And for those following the Bakken in general.