Friday, August 6, 2010

Mountrail County, North Dakota: Bakken Shale

EOG Resources (EOG) released their 2010 earnings report yesterday and the Bakken Shale contributed largely to their positive report:

During the second quarter, total company crude oil and condensate production increased 43 percent over the same period in 2009. Production increases were greatest from the North Dakota Williston Basin where drilling and production results have proven consistent. In the Bakken Core, the Van-Hook 7-23H and Fertile 37-07H came on-line at 2,525 and 1,654 barrels of crude oil per day (Bopd), respectively. EOG has 99 and 81 percent working interest, respectively in these Mountrail County wells. EOG is drilling development prospects in the Bakken Core, Bakken Lite and Three Forks Formations with a 12-rig program.

In other news: Brigham Exploration (BEXP) increased their Bakken Shale acreage by 52,800 in the Williston Basin.

For more Shale updates, visit

For more stock market news, visit