Mike Filloon: Focusing On Two Bakken Counties -- 11 Wells Per Spacing Unit -- Bakken, North Dakota, USA

What a great way to start a new week in the Bakken! I have seen as many as seven, maybe eight wells in a Bakken 1280-acre spacing unit, but now a very respected voice is suggesting as many as 11. That is not a typo. Eleven, as in two short of a baker's dozen.

Two Mike Filloon links: one focusing on Mountrail County, and one focusing on McKenzie County.

The timing is very interesting. Some suggest that McKenzie County may overtake Mountrail County with regard to activity in the coming year. We will see.

This is his opening paragraph for McKenzie:

In my most recent article on Mountrail County, I highlighted what may be the best oil producing county in the country. Anyone that follows the Parshall, Sanish and Ross areas knows that initial production numbers are very high. Current density drilling methods could be a game changer as it could produce 11 wells per 1280 acre unit. Company estimates have Mountrail County 1280 acre units producing six to seven wells, providing a four to five well increase over current methods. If this is the case, and the average EUR per well is 800 MBoe (I believe this number is conservative), estimated total recovery would increase by 3.2 to 4 million barrels of oil equivalent. This number does not include possible re-fracs, or secondary recovery methods. It is very possible these technologies will also work in other areas decreasing costs and increasing the number of wells/1280 acre unit.

Yup, a great way to start the week.

Actually, I had a even a better start, but more on that later.