- 20588, 1,492, BEXP, Mrachek Trust 22-15 1-H, Elk, Bakken,
- 20059, 1,357, Whiting, Waldock 14-4XH, Sanish, Bakken,
- 20036, 2,331, XTO, FBIR Smith 11X-10, Heart Butte, Bakken,
- 19876, 2,879, BEXP, Enderud 9-4 1H, Banks, Bakken,
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
Bruce,
ReplyDeleteThat Enderud well comes off a three well eco pad and while IPs are high, so is production.
Enderud 2H, 43,539 bbls in 45 days.
Enderud 1H, 36,489 bbls in 26 days.
Banks State 36,300 bbls in 34 days.
Not seeing any posturing in those numbers!
The first Enderud well was a 42 stage frack.
I agree. I think a lot of folks thought BEXP was doing what they could to maximize IPS, and then sell out.
ReplyDeleteIn this particular case, the Banks oil field is right in the center of the Bakken bull's eye.