Ten Wells Come Off Confidential List Wednesday -- North Dakota; EOG To Report A Well With More Than 130,000 Bbls In Less Than Four Months

Hess, through Reuters via Bakken.com has optimistic report:

Oil and gas producer Hess Corp boosted its five-year production forecast on Monday, shrugging off the recent sharp drop in oil prices and touting development of shale formations and deepwater wells.

The bullish forecast – executives said production could increase by double digits through the decade – sets an ambitious target and shows the company’s confidence that oil prices will rebound from their more than 25 percent drop since June.

Executives said production in North Dakota’s Bakken shale formation, the jewel in the crown of the company’s onshore production, is especially resilient.

“Even at current prices or below, there’s still many areas for attractive investment in the Bakken,” Chief Executive John Hess said at the company’s annual investor day on Monday. “We’re positioned well to capitalize on growth” at low oil prices.

The company expects its production to grow 6 to 10 percent each year through 2018, an uptick from its previous forecast of 5 to 8 percent growth.

Active rigs:

	11/11/2014	11/11/2013	11/11/2012	11/11/2011	11/11/2010
Active Rigs	191	182	191	200	158

  
Wells coming off confidential list Wednesday:

• 26076, 688, OXY USA, Harry Stroh 3-8-5H-143-96, Fayette, t5/14; cum 76K 9/14;
• 26459, 1,182, EOG, Wayzetta 44-0311H, Parshall, middle Bakken; 46 stages; 14 million lbs sand, t5/14; cum 148K 9/14;
• 26749, 243, Murex, Carson Gregory 31-30H, Gooseneck, t7/14; cum 28K 9/14;
• 27164, drl, Hess, GN-Norman-158-97-3427H-1, New Home, no production data,
• 27184, 267, American Eagle, Annie 15-32-164-101, Colgan, t7/14; cum 12K 9/14;
• 27191, 753, Fidelity, Bismarck State 34-27-28H, Stanley, t6/14; cum 77K 9/14;
• 27771, drl, Hess, BL-Iverson B-155-95-0708H-3, Beaver Lodge, no production data,
• 27949, 804, CLR, Annapolis 4-29H, Dollar Joe, t8/14; cum 32K 9/14;
• 28024, 910, XTO, Bang 31X-29G, Murphy Creek, no production data,
• 28117, 281, American Eagle, Crestone State 3-1N-163-102, Skjermo, t10/14; cum 2K 9/14;

****************************************

26076, see above, OXY USA, Harry Stroh 3-8-5H-143-96, Fayette

Date	Oil Runs	MCF Sold
9-2014	13492	7467
8-2014	17923	8199
7-2014	18331	8509
6-2014	13708	7133
5-2014	12214	4988

26459, see above, EOG, Wayzetta 44-0311H, Parshall:

Date	Oil Runs	MCF Sold
9-2014	31436	2935
8-2014	35256	4242
7-2014	35915	4332
6-2014	30796	7550

 27191, see above, Fidelity, Bismarck State 34-27-28H, Stanley:

Date	Oil Runs	MCF Sold
9-2014	7719	3549
8-2014	27080	13720
7-2014	18746	7408
6-2014	21122	6368
5-2014	1224	0

 27949, see above, CLR, Annapolis 4-29H, Dollar Joe:

Date	Oil Runs	MCF Sold
9-2014	17917	13736
8-2014	13292	14339
7-2014	701	0