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Wednesday, November 2, 2011

Busy, Busy, Busy -- Fifteen (15) New Permits -- 2/5 Wells Completed -- The Bakken, North Dakota, USA

Daily activity report, November 2, 2011 --

Operators: OXY USA (4), MRO (4), Samson Resources (3), Zenergy (2), Petro-Hunt, CLR

Fields: Fayette, Jim Creek, East Tioga, Fillmore, Lost Bridge, Dore

OXY USA has permits for a 4-well pad in Fayette oil field; MRO has permits for a 4-well pad in Lost Bridge.

Samson Resources has permits for two wildcats in Divide County.

The Fayette oil field was one of the first oil fields to really get me excited about the potential of the Bakken.

Of the five wells released from "tight hole" status, two were completed (fracked). The fracking backlog is over 50%. None of the wells reporting IPs today were particularly remarkable.

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