"Anonymous" asked me if I knew anything about some Madison wells that Petro-Harvester is drilling in Bottineau County. Go back to the Madison wells at Stockyard Creek to see why one might be interested in the Madison.
For newbies:
- Bottineau County is north of the core Bakken; it lies along the Canadian border
- Most folks associate Bottineau County with Spearfish formation
- The Madison formation is a legacy formation; it's been producing "forever"; I believe it still accounts for about 50% of all oil produced in North Dakota; that percentage has dropped quickly over the past two years with the discovery/success of the Bakken
- Having said that, some folks may do very well going back to the Madison, especially if Madison wells don't need fracking, which can now account for 50% of the cost of the well
- 19315, AB/1,038, Petro-Harvester, Rice 11, Madison, Renville; t8/10; cum 130K 7/15; last produced 7/15;
- This location was spud 7/31/2010, completed 8/19/2010; tested 8/22/10
- It was drilled to a depth of 6,500 feet; it looks like it was unitized, water flooded
- To date, it has produced 98,000 bbls of oil (as of 12/12)
Production history:
MADISON | 11-2011 | 30 | 2311 | 2357 | 46430 | 0 | 0 | 0 |
MADISON | 10-2011 | 31 | 2529 | 2563 | 52496 | 0 | 0 | 0 |
MADISON | 9-2011 | 30 | 2271 | 2311 | 38189 | 0 | 0 | 0 |
MADISON | 8-2011 | 31 | 2383 | 2479 | 33575 | 0 | 0 | 0 |
MADISON | 7-2011 | 30 | 2891 | 2847 | 38294 | 0 | 0 | 0 |
MADISON | 6-2011 | 30 | 3589 | 3595 | 36940 | 0 | 0 | 0 |
MADISON | 5-2011 | 21 | 3456 | 3254 | 25000 | 0 | 0 | 0 |
MADISON | 4-2011 | 25 | 1632 | 1530 | 27380 | 0 | 0 | 0 |
MADISON | 3-2011 | 31 | 2235 | 2210 | 35456 | 0 | 0 | 0 |
MADISON | 2-2011 | 28 | 2447 | 2447 | 31885 | 0 | 0 | 0 |
MADISON | 1-2011 | 31 | 2861 | 2861 | 38553 | 0 | 0 | 0 |
MADISON | 12-2010 | 30 | 2926 | 2926 | 38740 | 0 | 0 | 0 |
MADISON | 11-2010 | 30 | 4599 | 4599 | 38105 | 0 | 0 | 0 |
MADISON | 10-2010 | 31 | 7933 | 7933 | 36093 | 0 | 0 | 0 |
MADISON | 9-2010 | 29 | 13336 | 13564 | 11644 | 0 | 0 | 0 |
MADISON | 8-2010 | 14 | 10786 | 10558 | 5529 | 0 | 0 | 0 |
18452, AB/0 (not a typo), Petro Harvester, Glessing 7-16, Madison, Renville; cum 4K 3/12;
20776, DRL --> WI, Petro Harvester, Rice 13, Madison, Renville
21144, PNC, Petro Harvester, Rice 13X, Madison, Renville
20773, PNC, Petro Harvester, Riise 4, Madison, Renville
20963, DRL --> WI, Petro Harvester, Riise 4X, Madison, Renville, t8/10; cum 128K 5/16; last produced 5/16;
20775, DRL --> WI, Petro Harvester, Riise 12, Madison, Renville
19634, DRY, Petro Harvester, Greek 1-2, Madison, 18452