Some Nice Wells Being Reported -- The Bakken, North Dakota, USA

Results of new wells for 2Q12 are now being posted.

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,
  

KOG has another nice well; still on DRL status, the Long well has already produced 31,000 bbls of oil; the Stockyard oil field east of Williston has turned out to be quite a nice field.

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.