I have added the Dublin/Marmon fields to my list of 10 most interesting fields (combining the two for this purpose).
Based on a note from a reader and looking at the Dublin again, it looks like there could be three very active plays: the Red River, the Madison, and the Bakken.
The Dublin field update is here and updated a bit.
Bruce
ReplyDeleteThe cancelled (per Zenergy challege) Petro Hunt permit was for the Red River C formation. From what I can tell, the RR "C" is not a popular field (maybe one or two wells).
You are correct. According to the NDIC website, there has only been one (1) Red River C well out of the 11,100 wells drilled in North Dakota since 1951.
ReplyDeleteMadison: 5,505 wells
Bakken: 2,341 wells
No other single formation has even cracked 800 wells.
I find it incredible, that they have been drilling Madison wells for 30+ years and within five years or so, the Bakken could overtake the Madison.
That is another datapoint to consider when trying to quantify oil activity in North Dakota. Think of all the oil activity over the last 30 years and now compress that into one or two years.
With regard to the Red River C, there have been about 1,200 "Red River" wells. I'm not sure what my point is, but to some extent, I'm wondering if the Red River C is not like the "benches" that CLR is talking about with regard to the Three Forks.
To some extent, one gets into "lumping" and "splitting" formations. Right or wrong, and maybe naively, I'm lumping all the Red River formations together.