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Thursday, May 24, 2012

Whiting Looking at the Three Forks Formation in Montana's Williston Basin

Earlier I posted a note pointing out that Investopedia had overlooked Whiting when talking about E&P companies interested in the Three Forks formation.

A reader sent in a great comment which deserves a stand-alone post for those who may otherwise miss the comment:
Whiting is also moving into Montana looking at the Three Forks there more than the Bakken.

They have spudded one Three Forks well, (Elvsaas 21-4TFH ; API 25085218550000), in T30N - R57 E section 4.

They have permitted one more in that township and also one more in the township south.

3 more are permitted and another 2 are spudded in the township west of the Elvsaas 21-4TFH well.

Plus to the southeast of Elvsaas there is a producing TF Whiting well and another permitted.

All of these wells are Three Forks except one.

Whiting makes it easy with their TFH at the end of each well name.

Except that the producing well; French 21-30TFH API 25085217940000, lists the formation as Bakken on the producing table posted on the Montana site. Maybe they don't think much of the TF in the Montana State Office.

This well shows 92 barrels per day for the first 4 months of producing days.
Great comment. If I find time, and remember, I will come back and make a couple of additional points.

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