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Friday, February 24, 2017

March, 2017, NDIC Dockets Have Been Posted

The Bakken never ceases to amaze me. There is a lot packed into this page. In fact, there's even a surprise, but that story is a) too long to fit on this page; and, b) too good a story to be buried here -- it needs its own stand-alone post. I will post that story later.

The full March, 2017, NDIC dockets are posted here.

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Comments and Disclaimer

To the best of my knowledge this was the first ad-free, password-free blog that told mineral owners that if they had one well in the Bakken, they would eventually have four wells, probably 8 wells, and possibly many more than that before this was all over. That was posted back in 2009.

Now why would I bring that up? Take a look at case #25695 below -- Abraxas, 16 wells on an existing 1280-acre unit: sections 17/20-150-96. There are already nine (9) horizontal wells in those two sections (if one includes the section line well) plus an old vertical well. Someone might have 26 producing wells in this area. Graphic at the bottom of this post.

Disclaimer: as usual this is done very quickly and using shorthand for my benefit. There will be factual and typographical errors on this page. Do not quote me on any of this. It's for my personal use to help me better understand the Bakken. Do not read it. If you do happen to read it, do not make any investment, financial, job, relationship, or travel plans based on anything you read here or think you may have read here. If this stuff is important to you, and I doubt that it is, but if it is, go to the source.

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The March, 2017, NDIC Hearing Dockets
Highlights



Thursday, March 23, 2017
Supplement, one case

25708, DW Slate LLC, Eagle Nest-Bakken, establish a 320-acre unit; 2 wells; establish a 1600-acre overlapping unit; 2 wells; Dunn County

Thursday, March 23, 2017
Seven pages -- highlights

25678, WPX, Squaw Creek-Bakken, 10 wells on an overlapping 1920-acre unit; McKenzie County
25679, Sedalia Energy, Pratt-Madison and the Pratt-Madison Pool, multiple horizontals, McHenry County
25680, Sedalia Energy, Pratt-Madison and the Pratt-Madison Pool, multiple laterals, McHenry County
25693, Liberty Resources, Northwest-McGregor-Bakken, eight wells on an existing 1280-acre unit, Williams County
25694, Liberty Resources, Big Meadow-Bakken, eight wells on an existing 1280-acre unit, Williams County
25695, Abraxas, Pershing-Bakken, sixteen wells on an existing 1280-acre unit; McKenzie County

Wednesday, March 22, 2017
Seven pages -- highlights

25659, Whiting, Madison formation; establish six standup 640-acre drilling units; one horizontal well in the Madison formation in each drilling unit; Williams County
25661, BR, Jim Creek-Bakken, establish two 2560-acre units; 14 wells on each  unit; establish three 4-section units with one well on each; Dunn;
25664, Kraken Oil & Gas, Hebron-Bakken, 5 wells on each of three 960-acre units; and, 14 wells on a 960 acre unit, sections 34/35-155-104, Williams County
25665, Kraken Oil & Gas, Hebron-Bakken, 14 wells on each of two 1280-acre units; Williams County
25666, Kraken Oil & Gas, Squires-Bakken, 14 wells on each of four 1280-acre units; Williams County
25671, Petro-Hunt, Charlson-Bakken, four wells on a laydown 640-acre unit; six wells on an overlapping 1280-acre unit; McKenzie County


Thursday, March 2, 2017 -- previously posted

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