By Andrea: http://oilshalegas.com
Kodiac Oil and Gas Corp. (KOG) recently released an update on their Bakken shale activity located in Dunn County, ND:
Kodiak will be mobilizing its third drilling rig in the Williston Basin within 30 days. Kodiak is also participating in one non-operated drilling rig with its joint venture partner in the Dunn County area of mutual interest. The joint venture partner recently reached total depth on its first two long-lateral middle Bakken wells and they are awaiting completion. Kodiak owns a 50% WI and 41% NRI in both wells and retains a comparable interest in all of the AMI lands. The Company has recently been notified that its joint venture partner intends to mobilize a second rig to the AMI in mid-year 2011.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
Showing posts with label bakken. Show all posts
Showing posts with label bakken. Show all posts
Wednesday, March 23, 2011
Friday, October 15, 2010
Mountrail County, ND: GeoResources Bakken Shale update
By Andrea: http://oilshalegas.com
GeoResourcs Inc. (GEOI) recently release an operational update on their activity in the Bakken Shale, located in Mountrail, ND:
To date, in our non-operated program located in Mountrail and adjacent counties, they have participated in 72 wells drilled by our primary operator, Slawson Exploration, with a 100% success rate. In addition, they own minor working interests in numerous wells within the Bakken/Three Forks play. Slawson is currently running three drilling rigs and they continue to acquire additional acreage and well interests, when reasonably available.
At present, 9 -12 wells are scheduled for the 4th Quarter of 2010 where they expect to have working interests in the 5% to 15% range. Additional wells are in the process of being permitted and scheduled. Completed well costs, including surface equipment and production facilities for single lateral wells drilled on 640 acre units are currently estimated at approximately $5.0 million and at $6.2 million for 1,280 acre units. Recent wells drilled on 640 acre units have had 18-22 frac stages per well, while wells drilled on 1,280 acre units have had up to 41 stage fracs.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
GeoResourcs Inc. (GEOI) recently release an operational update on their activity in the Bakken Shale, located in Mountrail, ND:
To date, in our non-operated program located in Mountrail and adjacent counties, they have participated in 72 wells drilled by our primary operator, Slawson Exploration, with a 100% success rate. In addition, they own minor working interests in numerous wells within the Bakken/Three Forks play. Slawson is currently running three drilling rigs and they continue to acquire additional acreage and well interests, when reasonably available.
At present, 9 -12 wells are scheduled for the 4th Quarter of 2010 where they expect to have working interests in the 5% to 15% range. Additional wells are in the process of being permitted and scheduled. Completed well costs, including surface equipment and production facilities for single lateral wells drilled on 640 acre units are currently estimated at approximately $5.0 million and at $6.2 million for 1,280 acre units. Recent wells drilled on 640 acre units have had 18-22 frac stages per well, while wells drilled on 1,280 acre units have had up to 41 stage fracs.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
Thursday, July 24, 2008
Bakken Shale - Encore EAC - Sanish Well Results
Today Encore Aquisition Company ( EAC ) has updated its investors on their Bakken Shale Play.
EAC today reported initial results from its first well drilled in the Sanish Formation of the Bakken Shale Trend.
Encore recently finished drilling and completing its first well in the Sanish Formation of the Bakken Shale Trend, the Charlson 11-16H, in Williams County, North Dakota. The well was brought online on July 23 at an initial production rate of 1,106 BOE per day flowing up 7" casing. The Company has a 96 percent working interest in the well, which also contains very favorable pay in the Bakken Formation. The well is approximately four miles northwest of the best Sanish well drilled to date in North Dakota, the USA 2D-3-1H, which has produced over 560,000 BOE in 19 months.
Encore owns 10,400 net acres in the Charlson area and can drill or participate in an additional 28 wells on its current acreage position in this area of the Sanish. The Company is currently drilling a second Sanish well in the Charlson Field, which it plans to complete in the third quarter. Encore plans to drill a total of six wells in the Sanish in the Charlson Field in 2008. Additionally, two other Sanish wells will be drilled in the Charlson area offsetting the USA 2D-3-1H well. This area is prospective for both the Sanish and Bakken Formations, which could significantly add to the total recoverable reserves under the Company's leases.
As previously disclosed, Encore has recently expanded its acreage position in the Bakken and Sanish Shale Play to over 240,000 net acres. Encore plans to add a third rig to drill Bakken and Sanish wells in August 2008. Upon arrival of the additional rig, Encore plans to drill a Sanish well in its Cherry Creek Prospect, where the Company owns a significant lease position of approximately 70,000 net acres. Encore believes its Cherry Creek Prospect is in the Sanish fairway. The Company also plans to commence drilling in August in the Company's Almond Prospect, in Mountrail and Ward Counties, North Dakota, in which the Company currently holds an acreage position of approximately 53,000 net acres. The Almond Prospect is prospective for both the Sanish and Bakken Formations. The Company expects to drill and complete five-to-six Bakken and Sanish wells in the third quarter of 2008, as well as re-frac several current Bakken producers.
EAC today reported initial results from its first well drilled in the Sanish Formation of the Bakken Shale Trend.
Encore recently finished drilling and completing its first well in the Sanish Formation of the Bakken Shale Trend, the Charlson 11-16H, in Williams County, North Dakota. The well was brought online on July 23 at an initial production rate of 1,106 BOE per day flowing up 7" casing. The Company has a 96 percent working interest in the well, which also contains very favorable pay in the Bakken Formation. The well is approximately four miles northwest of the best Sanish well drilled to date in North Dakota, the USA 2D-3-1H, which has produced over 560,000 BOE in 19 months.
Encore owns 10,400 net acres in the Charlson area and can drill or participate in an additional 28 wells on its current acreage position in this area of the Sanish. The Company is currently drilling a second Sanish well in the Charlson Field, which it plans to complete in the third quarter. Encore plans to drill a total of six wells in the Sanish in the Charlson Field in 2008. Additionally, two other Sanish wells will be drilled in the Charlson area offsetting the USA 2D-3-1H well. This area is prospective for both the Sanish and Bakken Formations, which could significantly add to the total recoverable reserves under the Company's leases.
As previously disclosed, Encore has recently expanded its acreage position in the Bakken and Sanish Shale Play to over 240,000 net acres. Encore plans to add a third rig to drill Bakken and Sanish wells in August 2008. Upon arrival of the additional rig, Encore plans to drill a Sanish well in its Cherry Creek Prospect, where the Company owns a significant lease position of approximately 70,000 net acres. Encore believes its Cherry Creek Prospect is in the Sanish fairway. The Company also plans to commence drilling in August in the Company's Almond Prospect, in Mountrail and Ward Counties, North Dakota, in which the Company currently holds an acreage position of approximately 53,000 net acres. The Almond Prospect is prospective for both the Sanish and Bakken Formations. The Company expects to drill and complete five-to-six Bakken and Sanish wells in the third quarter of 2008, as well as re-frac several current Bakken producers.
Thursday, July 10, 2008
Bakken Shale News CLR
Continental Resources CLR is out with some exciting news from the Bakken Oil Shale. Their second well is hitting over 1,000 barrels of oil a day with 10% of that being natural gas. The Bakken Shale is in North Dakota and Canada.
You can find more about this news and about Bakken Shale here
http://www.oilshalegas.com/bakkenshale.html
Also, Check out the Utica Shale page we just put up
http://www.oilshalegas.com/uticashale.html
You can find more about this news and about Bakken Shale here
http://www.oilshalegas.com/bakkenshale.html
Also, Check out the Utica Shale page we just put up
http://www.oilshalegas.com/uticashale.html
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