Bakken Shale North Dakota - Parshall Field

By Tim - http://oilshalegas.com

EOG Resources (EOG) recently gave a drilling update in the Bakken Shale.

Consistent with its game plan to increase recovery rates in existing fields, during 2011 EOG continued infill drilling on its core acreage in the North Dakota Bakken Parshall Field, which it discovered in 2006. Although originally developed on 640-acre spacing, EOG has successfully tested 320-acre down-spacing in various areas and around the perimeters of the field. A recent well in Mountrail County, the Fertile 48-0905H, in which EOG has a 96 percent working interest, was completed at an initial rate of 1,324 Bopd. Also in Mountrail County, the Liberty 24-2531H and Liberty LR 20-26H were drilled on 320-acre spacing. The wells, in which EOG has 82 and 95 percent working interest, respectively, were turned to sales at initial crude oil rates of 1,507 and 1,165 Bopd, respectively. Over the course of 2012, EOG will continue its efforts to increase recovery of the oil-in-place on its Bakken acreage through further down-spacing tests and the initiation of a secondary recovery pilot project.

http://blackberrystocks.blogspot.com/

http://bakkenshale.net

Mountrail County, ND - Bakken Shale

By Tim - http://oilshalegas.com

EOG Resources (EOG) recently gave a drilling update in the Bakken Shale.

Consistent with its game plan to increase recovery rates in existing fields, during 2011 EOG continued infill drilling on its core acreage in the North Dakota Bakken Parshall Field, which it discovered in 2006. Although originally developed on 640-acre spacing, EOG has successfully tested 320-acre down-spacing in various areas and around the perimeters of the field. A recent well in Mountrail County, the Fertile 48-0905H, in which EOG has a 96 percent working interest, was completed at an initial rate of 1,324 Bopd. Also in Mountrail County, the Liberty 24-2531H and Liberty LR 20-26H were drilled on 320-acre spacing. The wells, in which EOG has 82 and 95 percent working interest, respectively, were turned to sales at initial crude oil rates of 1,507 and 1,165 Bopd, respectively. Over the course of 2012, EOG will continue its efforts to increase recovery of the oil-in-place on its Bakken acreage through further down-spacing tests and the initiation of a secondary recovery pilot project.

http://blackberrystocks.blogspot.com/

http://bakkenshale.net

Bakken Shale - EOG Resources (EOG)

By Tim - http://oilshalegas.com

EOG Resources (EOG) recently gave a drilling update in the Bakken Shale.

Consistent with its game plan to increase recovery rates in existing fields, during 2011 EOG continued infill drilling on its core acreage in the North Dakota Bakken Parshall Field, which it discovered in 2006. Although originally developed on 640-acre spacing, EOG has successfully tested 320-acre down-spacing in various areas and around the perimeters of the field. A recent well in Mountrail County, the Fertile 48-0905H, in which EOG has a 96 percent working interest, was completed at an initial rate of 1,324 Bopd. Also in Mountrail County, the Liberty 24-2531H and Liberty LR 20-26H were drilled on 320-acre spacing. The wells, in which EOG has 82 and 95 percent working interest, respectively, were turned to sales at initial crude oil rates of 1,507 and 1,165 Bopd, respectively. Over the course of 2012, EOG will continue its efforts to increase recovery of the oil-in-place on its Bakken acreage through further down-spacing tests and the initiation of a secondary recovery pilot project.

http://blackberrystocks.blogspot.com/

http://bakkenshale.net

Bakken Formation: Mountrial County ND Oil Shale Update

Whiting Petroleum ( WLL ) provides an update on the Bakken Shale Formation in Mountrial County, North Dakota today, 1/20/09. Whiting is active in the Sanish Field and the Parshall Field.

Sanish Field. Whiting's Sanish area in Mountrail County, North Dakota encompasses 125,557 gross acres (83,606 net acres). December 2008 net production in the Sanish field averaged 7.5 MBOE/d, an 832% increase from 0.8 MBOE/d in December 2007. As of January 12, 2009, Whiting has participated in 65 wells (27 operated) that target the Bakken formation, of which 49 are producers, seven are completing and nine are drilling. Of these operated wells, 23 were completed in 2008. Whiting has completed and placed on production its first Bakken infill well in the Sanish field, the McNamara 42-26H. This well was drilled between two horizontal Bakken producers, the Locken 11-22H and the Liffrig 11-27H. The initial production rate at the McNamara well was 2,170 BOE/d (measured December 8, 2008), which falls between the initial production rates of the two offset wells. There was no indication of communication or interference with either of the offset wells. Based on these results, Whiting expects to develop its leases with two 10,000-foot horizontal wells in each 1,280-acre spacing unit. Whiting has also completed its first Three Forks horizontal well in the Sanish field, the Braaflat 21-11TFH. The initial production rate at the Braaflat well was 1,005 BOE/d (measured January 1, 2009). Production and pressure data from this well will be analyzed over several months to determine the viability of developing the Three Forks.

Whiting intends to drill an additional 28 operated Bakken wells in the Sanish field during 2009, with an average working interest of 74%, five of which were drilling at January 12, 2009. Whiting expects an average of six drilling rigs to be working in the Sanish field during 2009. Whiting expects its net capital expenditures in the Sanish field during 2009 to be approximately $150.6 million.

Parshall Field. Immediately east of the Sanish field is the Parshall field, where Whiting owns interests in 73,760 gross acres (18,315 net acres). Whiting's net production from the Parshall field averaged 6.7 MBOE/d in December 2008, a 341% increase from 1.5 MBOE/d in December 2007. As of January 12, 2009, Whiting has participated in 95 Bakken wells, the majority of which are operated by EOG Resources, Inc., of which 85 are producers, four are completing and six are drilling. Of these wells, 64 were completed in 2008. Whiting intends to participate in the drilling of an additional nine wells in the Parshall field during 2009, with an average working interest of approximately 16%. Whiting expects its net capital expenditures in the Parshall field during 2009 to be approximately $12.1 million.

http://phx.corporate-ir.net/phoenix.zhtml?c=147759&p=irol-newsArticle_Print&ID=1246317&highlight=

http://blackberrystocks.blogspot.com/

Bakken Shale BEXP Brigham Exploration drilling - Three Forks Mountrail County, North Dakota ND

Here is a Bakken Shale drilling update, this time coming out of Brigham Exploration ( BEXP ) in which one of their wells is hitting 1,100 barrels per day.

Williston Basin Three Forks and Bakken Completions -- In Mountrail County, North Dakota, Brigham is currently completing its first Three Forks test, the Adix 25 #1H. The Adix 25 #1H encountered good shows while drilling, and will be stimulated in late September.

Bud Brigham stated, "Later this month we plan to fracture stimulate twelve intervals in the Three Forks lateral of the Adix 25 #1H well. By increasing the number of stimulated intervals, we've seen substantially higher early production performance from our horizontal Bakken wells. We fracture stimulated twelve intervals in our most recent Bakken completion, the Carkuff 22 #1H, which is located just over one mile west of the Adix 25 #1H. The Carkuff 22 #1H produced at an initial rate of 1,110 barrels of oil per day and continues to perform very strongly. At this point, it is easily our best well. Just one mile east of the Carkuff 22 #1H, we previously completed the Bakke #1H which commenced production at 380 barrels of oil equivalent per day after the stimulation of seven intervals. We also have four significant working interest Parshall/Austin area Bakken wells currently completing, several of which should provide results in late September or early October. To the south in Mercer County, North Dakota, we plan to commence our first southern extension Bakken well in October. This will be the first test on our over 31,000 net acres controlled in that area."

Bakken Drilling West of the Nesson Anticline -- In Williams and McKenzie Counties, North Dakota, in the general area of Brigham's recently successful Mrachek 15-22 #1H Bakken discovery, Brigham is commencing two additional horizontal Bakken wells. The Olson 10-15 #1H and the Figaro 29-32 #1-H are both planned as 9-10,000-foot laterals, whereas the Mrachek 15-22 #1H was a 5,000-foot lateral. The Olson 10-15 #1H is currently drilling at a depth of approximately 2,200 feet. Brigham is picking up its second operated rig to commence the Figaro 29-32 #1-H in the next two weeks and currently plans to commence its third operated rig in early 2009.

http://bakkenshale.net
http://oilshalegas.com