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Thursday, June 9, 2011

BEXP Stays on Schedule -- Bakken, North Dakota, USA

Link here.
Brigham announced that the acceleration of its activities in the Williston Basin remains on schedule after adding its eighth operated rig and plans to be at 10 operated rigs by July. Brigham also announced that it has brought on line to production seven additional wells in North Dakota since its last operational release and to date has completed 68 consecutive long lateral high frac stage wells at an average early 24-hour peak rate of approximately 2,831 barrels of oil equivalent.
BEXP also expects production to meet low end of target. 

BEXP is producing about 11,000 boepd; goal -- 16,000 boepd by the end of the year.

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