Monday, January 30, 2012

Oasis Has a Great Well -- Oasis Hitting On All Cylinders -- McKenzie County -- The Williston Basin, North Dakota, USA

Seven wells coming off confidential list today; five completed, including this one:
By the way, a talking head on CNBC mentioned Oasis as one of his top four picks just moments ago.

Actually that's wrong about "seven wells coming off confidential list." I've had trouble all day with a good wi-fi connection and finally have one (a good wi-fi connection). Lots of catching up to do.

In fact, there were seventeen (17) wells that were released from "tight hole" status as the NDIC now refers to it. Seventeen (17). Right up there with the best days in the Bakken.

If I count correctly, twelve (12) were completed/fracked, including these (I will repeat the Oasis Cook well again just to show you good these wells are):
  • 19639, 2,414, Oasis, Cook 5300 42-12H, Willow Creek, Bakken, Williams
  • 19159, 912, OXY USA, Reuben Schneider 1-27-34H-143-96, Bakken
  • 19441, 2,196, Whiting, Dry Creek 44-20TFH, Bakken, Billings County
  • 19639, 2,414, Oasis, Davis 5300 42-12H, Bakken, Williams
  • 19932, 815, Oasis, Bay Creek Federal 4703 11-5H, Bakken, McKenzie
  • 19960, 1,666, XTO, Kaye 43X-4, Bakken, Dunn 
  • 20731, 1,598, Zenergy, Hagen 31-30H, Bakken, McKenzie
There may be typos, typing fast to catch up, after such a miserable day trying to blog.

But what does that list say to you?

Well, first of all, it says to me that Oasis is the new "big man on campus." Hitting on all cylinders -- look at that -- both Williams County and McKenzie County, the latter that will prove to be THE county of all the Bakken counties before this boom is over. And that's saying a lot when you got competitors like Dunn County and Mountrail County.

And then look at the Whiting Three Forks well in Billings County.  I forget what the record TFS well; if I remember, I will look it up later.
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