This Is Why Folks Remain Excited About The Bakken -- Results of Eleven (11) Producing Wells Reported -- Five (5) New Permits -- Bakken, North Dakota, USA

Daily activity report, July 14, 2011 --

Operators:  Kaiser-Francis (2), Crescent Point Energy, Hess, Petro-Hunt

Fields: Colgan, Oliver, Dublin, Gooseneck

Kaiser-Francis hasn't had a permit since 2004, and has had very permits overall in North Dakota according to the NDIC. Both permits are in Colgan field, which I had not heard of before.

Colgan and Gooseneck oil fields are both in northern North Dakota, west and southwest of West Ambrose and Ambrose fields.  Crescent Point Energy is well-known to be involved in wells in this part of North Dakota; it is a Canadian company. For more on Crescent Point Energy click here.  I had forgotten about Crescent Point Energy and EOR (waterflooding). I now have three EOR companies to think about: DNR, Crescent Point, and WLL.

Here is what should excite everyone, the list of produced wells that have been completed and now reporting IPs:

• 19181, 1,088, Marathon, Elk USA 11-17H, Mountrail County
• 19245, 660, Cornerstone, Linda Hinds 8-7H, Burke
• 19372, 1,057, Marathon, RMJK 31-26H, Mountrail
• 19388, 980, CLR, Nordeng 1-8H, McKenzie
• 19412, 1,425, BEXP, Kalil Farms 14-23 1H, Williams
• 19435, 2,836, BEXP, Tufto 7-6 1H, Williams
• 19485, 880, Slawson, Loon Federal 1-24-25H, Mountrail
• 19661, 999, BEXP, MacMaster 11-2 1J (typo?), Williams
• 19795, 2,029, Newfield, Johnson 150-99-34-27-1H, McKenzie
• 19838, 1,069, Marathon, Debbie Baklenko USA 12-26H, McKenzie
• 19868, 2,541, BEXP, A. Tufto 18-19 1H, Williams

These are not unusual IPs for BEXP, but lately I've been seeing better IPs for Marathon. At one time, the scuttlebutt was that MRO couldn't bring in a well better than an IP of 500 or so. Newfield has been very, very interesting, with some great wells.