BEXP Has Another Huge Well; Wells Coming Off the Confidential List Tuesday; Three of Four Wells --> DRL Status

22902, drl, BEXP, Topaz 20-17 4TFH, Banks, 4-well pad; three wells on DRL status;
23034, 2,850, BEXP, Allison 34-14 1H, East Fork, 4-well pad; another one also producing (#23033; 2,888, Jennifer)
23335, drl, QEP, MHA 2-03-35H-150-92, Heart Butte, t11/12; cum 18K 12/12; two 5-well pads;
23390, drl, KOG, P Bibler 155-99-15-31-7-15H3, Stockyard Creek, 4-well pad; another on DRL status;

Note: 3 of 4 wells to DRL status; most likely due to pad drilling; not likely due to weather or frack scheduling

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23034, conf, BEXP, Allison 34-14 1H, East Fork, on a natural gas pipeline:

Date	Oil Runs	MCF Sold
12-2012	18382	8478

The P Bibler well is on a 4-well pad; two of those wells will run north into the Epping oil field; two will run south into Stockyard Creek.

Two wells in the immediate vicinity:

• 19576, 1,223, KOG/BTA, 20711 Erickson 3130 1H, t 5/11; cum 155K 12/12;
• 19329, 1,261, KOG/BTA, 20711 Bibler 67 1H, t6/11; cum 153K 12/12;

I assume this KOG Bibler well will go to DRL status; there are other wells on the pad that need to be completed.

Of interest: the Erickson well is severely constrained with regard to natural gas. It has been flaring all natural gas since June, 2012, and before that, much of the natural gas was flared. The well was on-line for only two days in December. Here is the production record:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2012	2	136	226	56	156	0	151
BAKKEN	11-2012	30	3625	3612	2510	4620	0	4537
BAKKEN	10-2012	31	6491	6737	4010	7590	0	7503
BAKKEN	9-2012	8	2580	2229	1232	2642	0	2621
BAKKEN	8-2012	28	6227	6510	3468	7638	0	7557
BAKKEN	7-2012	30	7244	7308	4384	8562	0	8474
BAKKEN	6-2012	29	7030	6823	3811	8839	0	8752
BAKKEN	5-2012	31	8391	8706	4516	12530	4063	8376
BAKKEN	4-2012	30	7939	7568	3998	9777	2278	7409
BAKKEN	3-2012	30	10182	10548	4140	12225	0	12136
BAKKEN	2-2012	29	10741	10882	4280	12584	3745	8752
BAKKEN	1-2012	20	3230	2614	2034	3699	1400	2242
BAKKEN	12-2011	16	2662	2932	1113	3154	0	3106
BAKKEN	11-2011	15	2679	2504	1554	3246	0	3126
BAKKEN	10-2011	18	6462	6923	2222	7708	1285	6279
BAKKEN	9-2011	28	10778	10930	3747	12629	4942	7463
BAKKEN	8-2011	28	12577	12475	4624	14948	3496	11228
BAKKEN	7-2011	30	15608	15540	6535	18370	201	17929
BAKKEN	6-2011	25	15356	15681	7502	18414	3039	15175
BAKKEN	5-2011	18	14615	13548	13588	14799	1749	12906

The story is very similar to the Bibler well (#19329).

Two other wells to the east have similar profiles: 150,000 bbls in 18 months; most natural gas being flare.