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Wednesday, January 9, 2013

Crosby, ND, Newspaper Notes New Drilling -- The Bakken, The Williston Basin, North Dakota

A reader sent me this link:
Hunt Oil Co. is awaiting state approval of its plan to blanket Alexandria and Sioux Trail townships in southwest Divide county with 36 oil wells.
Hunt representatives told the North Dakota Industrial Commission that each completed well would cost $7.9 million, which would total over $142 million in each township if all the wells are drilled.
David Luttner, an engineering advisor for Dallas-based Hunt, said the wells would target the middle Bakken and upper Three Forks formations.
He said Hunt anticipates recovering 400,000 barrels of oil from each well.
Yes, I assume this refers to the case in the December, 2012, dockets:
Case 19331, Hunt, extend West Ambrose, Musta, and/or Smoky Butte-Bakken, establish 18 1280-acre units; one well each, Divide.

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