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Wednesday, August 24, 2011

How Good Are These Bakken Wells? -- Bakken, North Dakota, USA

This story is all about the fight over mineral rights. What fascinated me, however, is how good these Bakken wells are.

This well was drilled in 2009. Royalties alone are now exceeding $2 million and growing. This well was not in the "best" Bakken. Imagine what the wells in the Sanish and the Parshall are doing.

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