Monday, November 5, 2012

Sixteen (16) New Permits; Whiting Reports Five (5) More Wells -- Four With Great IPs; BEXP Has Six New Permits In The Heart of The Bakken

Bakken Operations

Active rigs: 189 (steady, but up; nice to see)

Sixteen (16) new permits
  • Operators: BEXP (6), CLR (5), QEP (2), Hess (2), Baytex
  • Fields: Beaver Lodge (Williams), Frazier (Divide), Oliver (Williams), Robinson Lake (Mountrail), Antelope (McKenzie), Banks (McKenzie), Heart Butte (Dunn)
Comments: No OXY USA or Newfield well; the six BEXP permits are in the same section in Banks  field, McKenzie -- section 35-153-98; these are two neighboring wells that have report:
  • 21543, 3,203, BEXP, Knight 35-26 1H, t9/12; cum 20K 9/12; in section 35, running north;
  • 21508, 3,288, BEXP, Maston 34-27 1H, t9/12; cum 31K 912; one mile east of 21543, running north;
Wells coming off confidential list were reported earlier, see sidebar at the right.

Producing wells that were completed:
  • 22425, 1,677, Whiting, Norgard 41-13H, Ellsworth, t10/12; cum --
  • 23012, 1,257, Whiting, Smith 34-1TFH, Sanish, t9/12; cum 5K 9/12;
  • 23011, 1,519, Whiting, Smith 34-1H, Sanish, t19/12; cum 5K 9/12;
  • 23076, 1,320, Whiting, Littlefield 13-31H, Sanish, t9/12; cum 10K 9/12;
  • 22659, 530, Whiting, Cvancara 12-14TFH, Alger, t9/12; cum 1K 9/12;
  • 22258, 141, Hess, AV-A and S Trust 162-94-17H-1, Larson, t10/12; cum1K 9/12;
  • 20934, 1,112, Petro-Hunt, Anderson 152-96-35C-26-3H, Clear Creek, t10/12; cum --

2 comments:

  1. It's amazing what a big balance sheet can do with one of these companies. E.G. Statoil's purchase of BEXP.

    ReplyDelete
    Replies
    1. How right you are. Warren Buffett should have bought BEXP. Smile.

      Delete

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