Twelve (12) New Permits; QEP Getting Ready To Announce Some Huge Wells, Thursday, Part VI -- July 2, 2015

Active rigs:

	7/2/2015	07/02/2014	07/02/2013	07/02/2012	07/02/2011
Active Rigs	76	190	192	215	172

Twelve (12) new permits --

• Operators: QEP (7), Hess (4), Resonance
• Fields: Spotted Horn (McKenzie), Blue Buttes (McKenzie), Alger (Mountrail), Westhope (Bottineau)
• Comments: QEP has permits for a 7-well pad in Blue Buttes/Spotted Horn; the Hess permits are for a 4-well pad in Alger oil field

One (1) producing well completed:

• 28779, 1,443, BR, Hammerhead 11-26TFH, Sand Creek, t6/15; cum --

Nine (9) permits canceled:

• Zavanna canceled five permits, the Labrador permits in Williams County
• QEP canceled four permits, the Foreman permits in McKenzie County

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The Bakken Never Ceases To Amaze Me
The Foreman Well Information Below Will Not Be Updated
All Foreman Well Information Will Be Updated At This Post

Remember: The Atlantic Monthly says the Bakken boom is a bust. Pundits say the US shale operators won't be able to survive. And so what do we have here? QEP cancels a 4-well pad to replace it with a 7-well pad in the heart of the Bakken.

It appears QEP canceled the permits for the 4-well pad in 2-150-95 (Blue Buttes/Spotted Horn) and replaced them with permits for a 7-well pad.

The other wells in that section:

• 21331, 2,164/IA, QEP, Foreman 5-2/1H, Spotted Horn, 28 stages, 3.4 million lbs;, t1/12; cum 244K 5/14;
• 29629, see below, QEP, Foreman 6-2-1TH, Spotted Horn, it's gonna be a good well based on early production figures;
• 28968, see below, QEP, Foreman 36-35-1-2LL, Blue Buttes, it's gonna be a good well based on early production figures;
• 28931, see below, QEP, Foreman 1-2-1BH, Spotted Horn, it's gonna be a good well based on early production figures;
• 28932, see below, QEP, Foreman 2-2-1BH, Spotted Horn, it's gonna be a good well based on early production figures;
• 28933, see below, QEP, Foreman 1-2-1TH, Spotted Horn, it's gonna be a good well based on early production figures;

From the file report of #21331, mostly paraphrased:

Interestingly enough, this was the first well int this drilling unit, back in 2012, and it targeted the Three Forks, not the middle Bakken. It was noted that Helis had drilled ten Devonian Three Forks double-section lateral wells in 2011. It sounds like the drilling window is about 15 to 35 feet.

All prospective pay zones were sampled, studied, reported.

The middle Bakken member was 33 - 38 feet thick here.

The Pronghorn member: "Recently the North Dakota Geological Survey has reclassified the lower approximate 10 feet of the Lower Bakken as a stratigraphically and lithologically distinct unit. The now referred to as the Pronghorn Member is present in Spotted Horn and surrounding fields... it is approximately 8 feet thick in the Foreman 5-2/1H well. The unit thickness is variable and in some wells the interval has not been observed."

The Three Forks: gas shows were significantly lower in the Foreman 5-2/1H than the Jones, State, and Levang wells; this was unexpected; and "nothing int he lithologic observations can account for the decrease in gas shows." Gas shows of 700 units were common. Gas continually increased during the lateral, with connection gases as high as 3,413 units. Trip gases were flared twice; both flares were 2 - 5 feet in height.

The well was considered a success; landing within 1 foot of the desired target and was drilled for 89% of the lateral within the desired target window and 100% within the desired formation.

In long posts like this there will be factual and typographical errors; I do not have formal training in any of this and may have missed important points. If this information is important to you, go to the source.

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Producing Wells Waiting To Be Completed In Area Of Interest

• 29629, see above, QEP, Foreman 6-2-1TH, Spotted Horn, it's gonna be a good well based on early production figures:

Date	Oil Runs	MCF Sold
5-2015	14540	9683
4-2015	447	647

• 28968, see above, QEP, Foreman 36-35-1-2LL, Blue Buttes, it's gonna be a good well based on early production figures:

  Date	Oil Runs	MCF Sold
  5-2015	22378	20853
  4-2015	6167	3524

• 28931, see above, QEP, Foreman 1-2-1BH, Spotted Horn, it's gonna be a good well based on early production figures:

  Date	Oil Runs	MCF Sold
  5-2015	30568	37436
  4-2015	3299	3404

• 28932, see above, QEP, Foreman 2-2-1BH, Spotted Horn, it's gonna be a good well based on early production figures:

  Date	Oil Runs	MCF Sold
  5-2015	35671	38733

• 28933, see above, QEP, Foreman 1-2-1TH, Spotted Horn, it's gonna be a good well based on early production figures:

  Date	Oil Runs	MCF Sold
  5-2015	36932	42843