Wednesday, January 4, 2012

Random Comments on Some Great Wells Being Reported at the Beginning of 2012 -- The Bakken, North Dakota, USA

Snapshot of some new wells reporting:
Some comments:
  • Some of these wells have been reported earlier, so some comments may have been posted earlier
  • That Enderud well is in Banks oil field; this is right in the bull's eye of the Bakken; where the action will be in 2012
  • Heart Butte is a great field, inside the reservation, and has been highlighted before
  • I think a lot of folks thought BEXP was show-boating -- maximize their IPs, so that they could set themselves up for a great buyout -- but even after the buyout (by Statoil) has been announced, BEXP continues to report great wells; I am quite impressed -- yeah, maybe they were in the "pipeline" before the Statoil announcement but something tells me BEXP is going to continue with great wells