Petro-Harvester -- Madison Wells -- Bottineau County -- North Dakota, USA

This is why I love the blog and love to blog.

"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

I will update the post when I get a chance, but here's an example of a Petro-Harvester well in Renville oil field in Bottineau County, North Dakota:

• 19315, AB/1,038, Petro-Harvester, Rice 11, Madison, Renville; t8/10; cum 130K 7/15; last produced 7/15;

History:

• 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