These are fields that currently interest me. Their
production is not necessarily a factor. They may interest me for other
reasons. I will group neighboring fields into one group on occasion.
Current: October 15, 2013
Current: April 15, 2013
Current: October 15, 2013
- Truax/Heart Butte oil fields for KOG
- Stockyard Creek, east of Williston
- Indian Hill/Camp/Banks: bull's eye of the Bakken; I grew up playing on Indian Hill; fond memories
- Oakdale: CLR testing the lower benches of the Three Forks?
- Ellsworth: one-township field south of Arnegard, surprisingly good
- South Fork:
Dakota-3WPX with a huge wildcat; KOG with 8 of 12 permits in this field; huge
- Sanish: will show folks how Whiting plans to develop the Bakken; cash cow for Whiting
- Dublin/Marmon: three plays -- the Madison, Red River, and the Bakken; Zenergy vs Petro-Hunt
- Todd (western Williston): field of dreams?
- Little Knife: the Madison
"There are no two fields in the Bakken better than the Sanish and the Parshall oil fields." -- Mike Filloon
Current: April 15, 2013
- Truax/Heart Butte oil fields for KOG
- Indian Hill/Camp/Banks: bull's eye of the Bakken; I grew up playing on Indian Hill; fond memories
- Oakdale: CLR testing the lower benches of the Three Forks?
- Ellsworth: one-township field south of Arnegard, surprisingly good
- South Fork:
Dakota-3WPX with a huge wildcat; KOG with 8 of 12 permits in this field; huge
- Sanish: will show folks how Whiting plans to develop the Bakken; cash cow for Whiting
- Dublin/Marmon: three plays -- the Madison, Red River, and the Bakken; Zenergy vs Petro-Hunt
- Todd (western Williston): field of dreams?
- Little Knife: the Madison
- Truax/Heart Butte oil fields for KOG
- Indian Hill/Camp/Banks: bull's eye of the Bakken; I grew up playing on Indian Hill; fond memories
- Oakdale: CLR testing the lower benches of the Three Forks?
- Ellsworth: one-township field south of Arnegard, surprisingly good
- South Fork: Dakota-3 with a huge wildcat; KOG with 8 of 12 permits in this field; huge
- Sanish: will show folks how Whiting plans to develop the Bakken; cash cow for Whiting
- Dublin/Marmon: three plays -- the Madison, Red River, and the Bakken; Zenergy vs Petro-Hunt
- Epping: a big surprise how good this field is; close to Williston; crude-by-rail; bypass
- Little Knife: the Madison
- Indian Hill/Camp/Banks: bull's eye of the Bakken; I grew up playing on Indian Hill; fond memories
- Oakdale: CLR testing the lower benches of the Three Forks?
- Ellsworth: one-township field south of Arnegard, surprisingly good
- South Fork: Dakota-3 with a huge wildcat; KOG with 8 of 12 permits in this field; huge
- Sanish: will show folks how Whiting plans to develop the Bakken; cash cow for Whiting
- Dublin/Marmon: three plays -- the Madison, Red River, and the Bakken; Zenergy vs Petro-Hunt
- Epping: a big surprise how good this field is; close to Williston; crude-by-rail; bypass
- Tyrone: Lodgepole -- will it turn out to be a bust, or will someone figure out how to make it productive?
- Little Knife: the Madison
- Indian Hill/Camp/Banks: bull's eye of the Bakken; I grew up playing on Indian Hill; fond memories
- Ellsworth: one-township field south of Arnegard, surprisingly good
- South Fork: Dakota-3 with a huge wildcat; KOG with 8 of 12 permits in this field; huge
- Sanish: will show folks how Whiting plans to develop the Bakken; cash cow for Whiting
- Dublin/Marmon: three plays -- the Madison, Red River, and the Bakken; Zenergy vs Petro-Hunt
- Epping: a big surprise how good this field is; close to Williston; crude-by-rail; bypass
- Tyrone: Lodgepole -- will it turn out to be a bust, or will someone figure out how to make it productive?
- Little Knife: the Madison
Original Post
These are fields that currently interest me. Their production is not necessarily a factor. They may interest me for other reasons. I will group neighboring fields into one group on occasion.
In no particular order:
- Indian Hill/Camp/Banks: bull's eye of the Bakken; I grew up playing on Indian Hill; fond memories
- Ellsworth: one-township field south of Arnegard, surprisingly good
- Alger: some very, very good wells
- Sanish: will show folks how Whiting plans to develop the Bakken; cash cow for Whiting
- Dublin/Marmon: three plays -- the Madison, Red River, and the Bakken; Zenergy vs Petro-Hunt
- Epping: a big surprise how good this field is; close to Williston; crude-by-rail; bypass
- Tyrone: Lodgepole -- will it turn out to be a bust, or will someone figure out how to make it productive?
- Little Knife: the Madison
Keep an eye on the Baker field in McKenzie county. Oasis, SM and Continental will have wells coming off confidential status in the next 6 months. It may be good news!
ReplyDeleteI am looking forward to a lot of great wells yet to come in McKenzie County.
ReplyDeleteI think the Cottonwood field in the eastern half of Lucy township(160-92) is quite successful. Also 159-92 has several Oasis permit and LOC locations.
ReplyDeleteThere are 6 LOC currently in place. All but 2 sections 16-17 have permits. Also pipline activity is going on. Oasis will have 12 more wells altogther. We have 3 with the 4th one permitted on Dec. 12 in Sec. 18-19 in 160-92
Yes, there is no rhyme nor reason to the fields that interest me, and they will change over time; completely random thoughts.
ReplyDeleteThe Cottonwood was of big interest to me when Fidelity first identified it but then Fidelity did not do much with it. Fidelity sold it to Oasis and, although not entirely, accurate, I often think that Oasis buying the Fidelity assets when it did made Oasis the company it is today in the Bakken.
The Brooklyn field! For the first 3 quarters this year a Brooklyn well has been on CLR's "notable well" list. Gronfur, Barney and Rennerfeldt. Helena and Olympia have shown great numbers recently this past month. My guess is we will see even more activity (multiple wells) on this small but very active field in 2012.
ReplyDeleteYes, this has been an incredible field, and will only get better: with every well, more infrastructure is laid in.
ReplyDeleteWell these ten are really incredible.
ReplyDeleteThe list will change. Again, it's completely arbitrary -- "interesting" is the key word, not necessarily most production.
ReplyDeleteThank you for taking time to comment.
What amazes me is how many incredible fields there really are. Because the payback on a Bakken well is so fast, oil companies are concentrating on the Bakken, but the legacy formations (like the Madison, Red River) can also have some great wells, especially when oil is $100/bbl.
Bruce..Thank you for sharing information regarding the Bakken play. Your site is my daily connection to this exciting oil play. I live in Washington State with properity leased to Hess in the Big Butte field.
ReplyDeleteAny insight or comments regarding the Big Butte field?
Your query gave me the opportunity to update the Big Butte field.
ReplyDeleteThe most important thing about Hess is that their wells have improved markedly in the past year; they moved to 32-stage fractures which has improved their IPs significantly.
It may not be so noticeable yet in this field, but across the Hess properties in the Bakken, it is very noticeable.
This is going to be one of the better fields in the Williston Basin, and I think before it's all over, they will target legacy formations as well as max out Bakken and Three Forks wells (seven wells for each 1280-acre spacing unit).
Bruce...Thank you for posting the Big Butte Oil Field update. Much appreciated from Washington State.
ReplyDeletethat is intersting what about the bear butte wells around arnegard are they good producers
ReplyDeleteThe area around Arnegard is very, very good. I consider the area between Alexander and Watford City, and then northeast of Watford as the bull's eye of the Bakken.
ReplyDeleteIf you are referring to Bear Butte field itself, this is a very small field, and there is only one active well in this field. That well has just been completed; it had an IP of 231 and produced 5,500 bbls of oil in first full month of production. It was fracked with 21 stages; 2.3 million lbs of sand.
My husband has rights in McKENZIE county Rough rider area,,, what are your thoughts on this area ? last June we along with his seven siblings got $4200.00 for a lease agreement. We are wondering what the outlook is for this area. Any info you can give us would be great.
ReplyDeleteWhen you say "Rough Rider," I assume you mean the Rough Rider prospect associated with BEXP. I assume the BEXP website is now off-line, and I don't have a copy of a BEXP presentation that would show the Rough Rider area, but according to my notes:
DeleteRough Rider, 155,100 net acres: Williston area, both north and south of the river; Williams and McKenzie.
I consider the best part of the Bakken, which I am calling the "bull's eye of the Bakken," the northeast corner of McKenzie County, south of the river. But almost anywhere in the northern half of McKenzie County will be huge. I don't know much about the southern half of the county, except to say that in the south half, it's probably better to be along the eastern half of the county.
In Whiting's presentation earlier this week, the CEO referenced the Rough Rider prospect as a very, very good area, when he was explaining how good some of the Whiting acreage was.
The quickest way to get an idea of how your area might do, is check the activity at the GIS map server at the NDIC website. It's free.
does anyone have figures on the oliver field near Epping?
ReplyDeletehttp://www.milliondollarwayblog.com/2012/09/oliver-field.html
DeleteFor newbies, if the IP has been reported, that well will appear at the Million Dollar Way blog site. Simply use the MDW / blogger search app to locate the well by file number.
DeleteBruce, just came upon your site. Have mineral interest in T149N-R101W Sec. 9 N1/2NE1/4. Hess just took a well off "TIGHT HOLE" status 3/7 files as BW-KENNY 149-101-0904H-1. The reading on daily production for 3/7 shows the following:#22538 - HESS CORPORATION, BW-KENNY 149-101-0904H-1, NENW 16-149N-101W, MCKENZIE CO., 447 bopd, 492 bwpd - BAKKEN. What is an estimate on time frame before receiving payments? Is this a good production area? I noted that wells per 1280 spacing are increasing and most likely will reach 7 or 8. What is a good average production per well and if I'm interested in selling how does the price get calculated. Allot of questions I know. Help. Thanks,
ReplyDelete1. #22538 started producing in December. Companies have 6 months after production begins to get first check out. Any delay after that, they are subject to paying interest, unless they have reason for delay (which they usually do -- have a reason if delayed).
Delete2. I don't own minerals, so I have no experience with regard to how soon these companies get first checks out. I don't see a lot of complaints on discussion boards regarding late payments; folks do complain, but it does not seem to be a common concern. It comes up regularly, but not often.
3. The "norm" right now is 1280-acre spacing but, like everything else in the Bakken, spacing is in flux also.
4. Sather Lake oil field is in a good location in the Bakken; it's not in the best of spots, but it should be a relatively good area. I would be thrilled to have mineral rights almost anywhere in northern McKenzie County.
5. It's hard for me to believe there won't be at least four wells in 1280-acre spacing units in that area (at least 2 middle Bakken wells and 2 Three Forks wells).
6. I can't answer your question about the value of one's mineral rights if one wishes to sell. The Bakken Shale Discussion Group might be able to help.
In addition, at the top of this blog, I have a "Mineral Rights" tab. There are links there for mineral rights owners and some of those sites are very active and very helpful. That's where I would start.
State lease auctions will give you an idea of what mineral acres have been bringing:
http://www.land.nd.gov/minerals/mineralapps/auctions/auctionhistorysale.aspx