Thursday, September 27, 2012

American Eagle Provides Update

Updates

September 29, 2012: I finally got back to this post and updated it with some data points. Two interesting comments: a) note that folks are talking about declining rig counts, and here's a company that will be adding a rig; and, b) a successful well has extended the proved productive edges of the field to to the north and the west

Original Post

Link here.

A huge "thank you" to a reader. I would have missed it.

If the link breaks, google:
American Eagle Energy Ramps Up Bakken Drilling Program

Some data points:

  • drilling and casing its first middle Bakken well, Silas 3-2N; Colgan oil field, Divide County; 
  • the drilling rig at that location, skidded and drilling the Haagensen 3-2 well, the first infill Three Forks; located between the Cody 15-11 and Coplan 1-3 producers
  • has contracted a second drilling rig for a minimum 4-well program designed to accelerate development of the Three Forks reserves
  • Megan 14-12, the first infill location in the Christianson 15-12 spacing unit, was spud
  • two rigs: company will be able to drill and complete six more wells by year end
  • should meet/exceed 2012 exit rate target of 1,000 bopd net
  • Anton 3-4 and Elizabeth 3-4N, drilled from common pad, completed in early September; both Three Forks; extended the proved productive edges of the field to the north and west


2 comments:

  1. Thanks for a very interesting article. Divide County and the border region continue to look better and better.

    ReplyDelete
    Replies
    1. Oh, I forgot to put the data points in the post. Maybe I will remember to do that tomorrow.

      A big "thank you" to a reader for alerting me to the article in the first place.

      Delete

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