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Friday, December 23, 2011

Random Look At Some Madison Wells in the Little Knife Field -- The Madison, North Dakota, USA

Click here for the Little Knife overview.

Eric Fox over at Investopedia has opined that many folks are unaware of all the other payzones in the Williston Basin. I've mentioned before that before this is all over, we will see a resurgence in the Madison, as just one example.

How good is the Madison? Here are a few Madison wells still active in Little Knife, all still producing, and all having produced a million bbls or more so far (or nearly a million in one case):
  • 6399, 1,360, Petro-Hunt, Lillian Glovatsky 1-19-1A, Madison, Little Knife, s3/78; t5/78; cum 1.1 bbls 10/11
  • 6165, 772, Petro-Hunt, Klatt 2-19-3D, Madison, Little Knife, s6/77; t7/77; cum 1.4 million bbls 10/11
  • 6082, 470, Petro-Hunt, Martin Weber 1-18-1C, Madison, Little Knife, s1/77/ t5/77; cum 907K bbls 10/11
  • 6118, 597, Petro-Hunt, Martin  Weber 2-18-4D, Madison, Little Knife, s3/77; t5/77; cum 1.1 million bbls 10/11
  • 6421, 731, Petro-Hunt, Rose Glovatsky 1-20-1A, Madison, Little Knife, s9/78; t10/78; cum 1.32 million bbls 10/11
Many other Madison wells have been abandoned, after producing 500,000 bbls. At $100/bbl for the price of oil, it's  hard to believe that they won't be going back into the Madison.

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