Random Note: 320-Acre Spacing In The Bakken -- October 22, 2019

Perhaps the most interesting "development" coming out of the Bakken yesterday: the 320-acre spacing for these PetroShale wells:

Seven producing wells (DUCs) reported as completed:

• 35703, 1,572, PetroShale, Thunder Cloud 2TFH, McGregory Buttes, t8/19; cum 23K over 24 days; spacing: 320 acres;
• 35700, 1,008, PetroShale, Thunder Cloud 1MBH, McGregory Buttes, t8/19; cum 19K over 22 days; (18017 -- 9,000 bbls in one day, 7/19); spacing: 320 acres;
• 35701, 840, PetroShale, Thunder Cloud 1TFH, McGregory Buttes, t9/19; cum 21K over 23 days; spacing: 320 acres;
• 35702, 1,528, PetroShale, Thunder Cloud 1MBH, McGregory Buttes, t9/19; cum 24K over 24 days; spacing: 320 acres;

I expected this in Clarks Creek, but never expected it in McGregory Buttes. Obviously it was in the monthly dockets but I had completely forgotten.

PetroShale: I finally had to look up the website to make sure I was spelling "PetroShale" correctly.

Back to McGregory Buttes and the graphics. There are very, very few 320-acre units in the Bakken. Also, at this point, none of these 320-acre spacing units are part of any large drilling unit.

In the graphics below, the 320-acre spacing units are shaded in light purple.