The first group of 15 wells reveals the fracking backlog continues. Only six (6) wells of the 15 were completed. And it was a mild winter, though some companies (at least in the past) had a policy of no fracking during the winter. The ones that caught my eye:
- 20497, 1,164, SM Energy, Leiseth 1-24H, Poe, Bakken, s10/11; t1/12; F; cum 49K 1/12;
- 20668, 680, SM Energy, Hauge 13-21H, Ambrose, Bakken, s10/11, t12/11, F; cum 35K 2/12,
- 20730, DRL, KOG, 20711 Long 112 1H, Stockyard, Bakken, s10/11; cum 31K 2/12,
- 20850, 710, ERF, Jalapeno 148-94-02C-3H, McGregory Buttes, Bakken, s10/11; t1/12; F; cum 29K 2/12
- 21084, 1,497, Denbury, Satter 24-35SEH, Siverston, Bakken, s10/11, t1/12; F; cum 27K 2/12,
And, well north of Williston, in Divide County, the wells are coming in very nicely. Look at the SM Energy Hauge well, 35,000 bbls in first two months.
And SM Energy has another great well in Poe field, almost 50K -- and look at this -- it was tested in 1/12 and production is current as of 2/12.
The Poe oil field is an irregularly shaped field, relatively small, only 30 sections or so, right in the middle (or slightly to the west) of the bull's eye of the Bakken. The field is about 7 miles northeast of Alexander, North Dakota. It sits immediately southeast of the Camp oil field and immediately southwest of Banks oil field, two fields that have produced some huge wells.
SM Energy will be moving forward on an aggressive drilling plan in the area around this well. Look for 2 to 3 3 well pads per 1280 spacing unit with common tank batteries with pipelines for oil, gas, salt, and freshwater. If you look at the numbers for the Jaynes (blowout), Leiseth, Leiseth, and Stenberg wells you can see why they want to get moving on these.
ReplyDeleteGreat comment, thank you.
DeleteEnough information for a stand-alone post:
http://milliondollarway.blogspot.com/2012/04/sm-energy-heart-of-bakken-poe-oil-field.html