Several readers send me links that really help, and they are much appreciated. This was was sent in by "anon 1":
Updates.
http://surgeenergy.mediaroom.com/index.php?s=10448&item=135195
http://www.legacyoilandgas.com/documents/NewsRelease-February122013.pdf
Surge: "In North Dakota, fracing operations are underway on seven joint interest horizontal multi-frac Spearfish wells, which are all expected to be on production by early March 2013."
Legacy: "Similarly, at Bottineau County, North Dakota, undeveloped locations included in the 2012 independent engineering report have been assigned reserves 25 percent higher than in the 2011 independent engineering report. Legacy has achieved these rates while constraining production to maximize ultimate recovery."
At the first link, the headline certainly caught my attention: the use of the word "significant":
Surge Energy Inc. Announces Significant Increase in 2012 Year-End Reserves, Resumption of Drilling Operations in the Southern Pool Area of Valhalla and Management Update.
A third company -- Corinthian -- has been doing really well in the Spearfish (North Souris Pool). They're a private company so they don't have to report to shareholders or make their performance specs public. But if you check out their wells, they're achieving some pretty impressive production rates (for the Spearfish).
ReplyDeleteYes, thank you for reminding me. Yes, I post the initial production numbers of all Corinthian wells as provided by the NDIC. And you are correct: some nice wells. Exciting things across the Williston Basin.
DeleteThank you for the updates on Spearfish wells in Bottineau County. Petro-Sentinal is drilling a well in Bottineau Co. about 5 miles from my land. They are drilling in a area that was drilled back in 50's and 60's with dry holes.Maybe with new technology this small oil company is willing to take a risk. I hope they have some success in finding oil.Using the vertical drilling method is more difficult to hit oil today. Thank for your endless information on the North Dakota oil boom.
ReplyDeleteThank you for your kind words. As you can see, a lot of my links, stories, posts --- from readers.
DeleteEvery day for me is like opening Christmas presents: I never know what to expect from the Bakken/Spearfish/Williston Basin, but I know it will be exciting and I will be surprised.