Update of Wells That Were Placed on DRL Status in 1Q11 -- Now Reporting IPs -- Bakken, North Dakota, USA

One of the problems with the backlog of fracking, we don't see IPs when the wells come off the confidential list. When the wells are finally completed, it is easy to lose track of them.

Periodically, I go back and update wells that were released from the confidential list, and placed on DRL status awaiting completion.

These are a few of the ones that I updated today. These are simply phenomenal. These are wells that were released from the confidential list 1Q11 -- earlier this year.

Look at:

• 18579, 2,006, SM, Jorgenson 1-30H, Bear Den, Bakken, tested 12/10; 120K by 6/11

120,000 bbls in the first six months; not yet on a pump. That might be the best of the ones updated below, but these are all phenomenal wells.

For newbies, the legacy formations often took 10 - 20 years to reach the 100,000 bbl milestone. In addition, DRY wells were expected when drilling legacy formations (Red River, Madison, etc)., but there are "no" dry wells in the Bakken, and one can expect  Bakken wells to reach 100,000 bbls within three years. The best Bakken wells, and there are a lot of them, will reach 100,000 by the first nine months, some within six months.

So, here are a few wells that I have updated:

• 19220, 1,057, BTA, 20711 Saccaro 310 1H, Stockyard Creek, Bakken; tested 11/10; 110K by 6/11
• 19091, 882, Oasis, Horne 5603 44-9H, Bull Butte, Bakken, tested 2/11; 39K in 4 months  
• 19085, 2,172, BEXP, Brad Olson 9-16 3H, Painted Woods, Bakken, tested 4/11; 30K by 6/11
• 19308, 1,235, Oasis, Glover 5601 12-17H, Wildcat, Bakken (on same pad as 19307, Devon 5601) (middle Bakken)
• 19318, 2,042, Hess/American Oil and Gas, Hodenfield 15-23H, Wildcat, Bakken (23-157-98 -- northwest of Ray, where the other AEZ wells have been ); tested 2/11; 45K by 6/11
• 18538, 885, EOG, Round Prairie 9-3625H, Painted Woods, Bakken; tested 2/11; 43K in 4 months
•  19049, 1,099, SM, Jorgenson 1X-30H, Bear Den, Bakken; tested 1/11; 93K by 6/11
• 19110, 2,849, Newfield, Malm 149-98-14-23-1H, Pembroke, Bakken, tested 4/11; 60K by 6/11
• 18760, 866, BEXP, Brown 30-19 1-H, Alger, Bakken; tested 6/11; 56K by 6/11; 25K in first 26 days; 56K in less than 3 months
• 19301, 2,526, KOG, Koala 9-5-6-5H, Wildcat, Bakken; tested 4/11; 58K by 6/11
• 19389, 1,936, BEXP, M. Olson 20-29 1-H, Painted Woods, Bakken,  tested 12/10; 62K by 6/11
• 18435, 2,376, Denbury, Nelson 41-5H, Antelope, Sanish (Three Forks)
• 18860, 517, CLR, Morris 2-26H, Oakdale, Bakken; tested 5/11; 33K by 6/11
• 18579, 2,006, SM, Jorgenson 1-30H, Bear Den, Bakken, tested 12/10; 120K by 6/11

Still not completed:

• 119087, DRL, Newfield, 1-H Sandhill 25-36, Wildcat, Bakken, no evidence that this well has been fracked yet; 42K as of 6/11 following first production 1/11
• 18867, DRL, Murex, Joann Marie 13-24H, Beaver Lodge, Bakken; no evidence that this one has been fracked; 52K as of 6/11 (first production 10/10) Beaver Lodge is oldest field in the Williston Basin