Random Look At Six New Samson Resources Permits

Yesterday, NDIC reported six permits for Samson Resources for wells that will be sited in one section in West Ambrose oil field, Divide County.

Based on their legal names, all six should be long laterals running from section 36 into section 25.
There is already one well in this section, a well that is pretty much in between the two 3-well pads for the permits issued yesterday:

• 19965, 642, Samson Resources, Bonneville 36-25-163-100H, Bakken Pool, Three Forks, t11/11; cum 180K 3/14;

Some immediate comments:

• in less than a year, over 100,000 bbls (I now consider the "magic number" for Bakken pool wells to be 150,000 bbls, however)
• from the scout ticket, one cannot tell whether this is a middle Bakken or a Three Forks well
• the IP was not particularly notable, but it has turned out to be a very good well
• everyone talks about horrendous decline rates in "the Bakken"; this had a couple huge months in the beginning (13K and 11K) but then dropped quickly to 5K; however, it produced 8K in October, 2012 (the most recent month for which data is available) -- hardly anything to sneeze at, as they say

More on this well:

• an upper Three Forks well
• spud: January 4, 2011
• curve completed: January 11, 2011 (so they reached vertical depth in about six days
• total depth, drilling completed: February 3, 2011
• trip gases as high as 3,788 to 7,856 units

The six permits (the first three, in the SWSW quadrant of the section; the last three, in the SESE quadrant of the section):

• 24596, conf, Samson Resources, Bonneville .... 1TFH;
• 24597, 261, Samson Resources, Bonneville .... 2TFH; t6/13; cum 55K 3/14;
• 24598, 203, Samson Resources, Bonneville .... 3TFH; t6/13; cum 36K 3/14;
• 24601, conf, Samson Resources, Bonneville .... 7TFH;
• 24602, PNC, Samson Resources, Bonneville .... 6TFH;
• 24603, conf, Samson Resources, Bonneville .... 5TFH: