- 154-98-14, Truax oil field, 80 acres; E2NE4: $7,003/acre
Note: this is a "new" URL -- it was changed sometime in the past year. Some of my old links will, of course, be broken; I will correct them when/if I find them.
Folks may want to bookmark this new site. I believe the next quarterly North Dakota state oil and gas lease sale will be in November 6, 2012. The filing deadline was September 21, 2012.
A reader asked where this new KOG acreage is in relation to three other KOG wells:
A reader asked where this new KOG acreage is in relation to three other KOG wells:
- 18770, 819, KOG, Scanlan 3-5H, Truax, t9/10; cum141K 7/12;
- 20856, 1,349, KOG, King 3-8H, Truax, t1/12; cum 38K 712;
- 20857, 358, KOG, Pankowski 4-6H, Three Forks well; Truax, t2/12; cum 48K 7/12;
- King is one mile directly south (153-98-8/9)
- Pankowski is one mile directly west (153-98-6/7)
- The new acreage is almost exactly 5 miles to the northeast (154-98-14)
Remember: the Pankowski started out as a middle Bakken well; due to problems, the decision was made to target the Three Forks formation.
Thanks Bruce...
ReplyDeleteI went to the GIS map this morning just to see the activity in this area, and it's amazing how many new lines/wells have been added in just the past year.
I saw on there that there are some new wells going in, and a few multiple pads I think, but not sure how to interpret it and I am just a novice when it comes to finding the answers so you have become my "shell answer man" :-)
Above the Pankowski (20857) and the Scanlan (18770) wells, there is a new well going in but there is already a well there? 23128 & 20272 are the two #'s that right on top of each other with another permit "dot" 23129 in the same area - just wondering what they are doing across the street.
Looks like Hess is going for multiple wells in this area while KOG is just below them with the old-school one liner well. Does Hess know something about working this area that KOG doesn't??
I've been watching this little area in the Bakken...recapping: North Plains Energy and Hess move into the neighborhood, North Plains sells to KOG, Pankowski well misses Bakken and goes for three forks instead, Hess starts mulitple drill outs, then KOG buys acreage just a few miles away. This little area that looks like a smile in the river is getting interesting.
1. File numbers right on top of each other: yes, we will see more and more of that with pad drilling; less than 50 feet apart. In fact, the rigs are so big and the wells so close together, the rigs will straddle the previously drilled well when drilling the new well. One really needs to zoom in to see the well separation. Remember, in the best Bakken there will be four middle Bakken wells and three Three Forks wells in each section according to some. In some sections, there may be more.
Delete2. With regard to Hess doing things differently KOG: that's been part of the "fun" following the Bakken; watching how different companies approach the Williston Basin.