Fairfield Sun Times Provides Nice Weekly Update of Montana's Oil Patch

First, this little bit of history, the "accidental oil field" in Montana, as reported by the Fairfield Sun Times:

The Cut Bank Field, which is located in Glacier and Toole County, was discovered in 1926… by accident. According to “Petroleum Exploration Progress in Montana” by John R. Fanshawe, early records show that drilling equipment “was mired en route to a selected drill site, and the operator was faced with a deadline to be spudded in order to hold the lease. He therefore off-loaded the rig where it was bogged down and began drilling.” Since it’s discovery, the Cut Bank field has, according to the Montana Board of Oil and Gas Conservation, produced 172,740,070 barrels of oil. Since 1986, the field has produced over 60 billion cubic feet of gas. Great Falls Geologist Bill Hansen explained that until 1984, Montana Power kept records for the Cut Bank Field. From the time of the field’s discovery through 1984, the Cut Bank Field produced 467,000,000,000 cubic feet of gas, bringing the total gas produced to over half a trillion cubic feet.

Denbury, Whiting, and Petro-Hunt are active in Montana and mentioned.

Oasis announced completion of four Montana wells, one in Richland County (think Elm Coulee) and three in Roosevelt County.