Tuesday, June 21, 2011

XTO Reported A Nice Well Yesterday -- Wardner -- 1,060 IP

19626, 1,060, MRO, Wardner 24-35H, Bailey, Bakken

Remember: all wells coming off the confidential list (as well as others occasionally gleaned from corporate presentations or press releases) are reported at the link.

Note: The Bailey field, a moderately sized field, is "owned" by Marathon Oil. The IPs of the Marathon wells are consistently in the 350 - 500 barrels range.

The Bailey is a prototypical Bakken field. Except for one outlier, file # 12927, a Missouri River Royalty Corporation well, with a status date of 2002, all of the permits in this field were issued during the current boom, and to the best of my knowledge, all wells target the Bakken Pool.