Showing posts with label montana. Show all posts
Showing posts with label montana. Show all posts

Monday, November 7, 2011

Bakken Shale Record Oil Well - McKenzie County, ND


November 7, 2011 - Whiting Petroleum (WLL) recently announced a new Bakken Shale record on a recent well that they've drilled. This Bakken Shale gusher was drilled in McKenzie County, North Dakota.

New Discovery at Tarpon Prospect Flows at Williston Basin Bakken Record Initial Rate of 7,009 BOE/D (4,815 BO/D and 13,163 MCF/D) on Full 24-Hour Test.

Tarpon Prospect. "Whiting has set a new initial production record for all Bakken wells drilled in the Williston Basin. The Tarpon Federal 21-4H well was completed in the Middle Bakken (after a 30 stage sliding sleeve frac job) flowing 4,815 barrels of oil and 13,163 Mcf of gas (7,009 BOE) per day on October 17, 2011. The Company owns a 56% working interest and a 45% net revenue interest in the Tarpon well. Whiting drilling engineers also set a new Tarpon Prospect area record by drilling this well to total depth in 13.3 days. We expect the completed well cost to be $6.35 million. Whiting holds 8,125 gross (6,265 net) acres at the Tarpon prospect, which is located in McKenzie County, North Dakota. Whiting has controlling interests in four 1,280-acre Tarpon prospect spacing units. We have the potential to drill a total of 12 Middle Bakken and eight Three Forks wells in these units. Based on our drilling to date, we believe 100% of the prospect is now drillable for the Middle Bakken and de-risked. Please see the Tarpon map in our corporate presentation."


Friday, October 29, 2010

Roosevelt County, MT: Bakken Shale Update

By Andrea: http://oilshalegas.com

Voyager Oil and Gas Inc. (VYOG.OB) recently released an update on the Bakken Shale located in Roosevelt County, MT:

Voyager currently controls approximately 24,000 net acres in the Williston Basin, primarily in Williams, McKenzie and Mountrail Counties, North Dakota and Richland and Roosevelt Counties, Montana. Voyager has spud twelve gross Bakken wells, of which three are producing, four are drilling and five are completing. By the end of 2010, Voyager expects to spud 15 gross Bakken wells. In 2011, Voyager expects to spud approximately 35 gross and 5 net Bakken wells based on recent permitting activity on Voyager's leasehold interests. J.R. Reger, Voyager's CEO, commented, "The accelerated production and positive results across our Bakken/Three Forks position continue to remain within our original expectations. We believe that our 24,000 core acres are being developed by some of the best operators in the play and we are excited to be participating in this premier oil resource play. We continue to focus most of our efforts on leasing and acquisitions in the Bakken and Three Forks play. We are excited to be moving into the production ramp-up stage across our Bakken position. We expect substantial reserve and production additions over the coming months as the position is rapidly developed."

Voyager is currently participating in the following wells in Roosevelt County, MT:


OPERATOR WELL NAME COUNTY STATUS WI BOEPD
Brigham Swindle 16-9 1-H Roosevelt Drilling 18.75%





For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Friday, October 15, 2010

Roosevelt County, Montana: Bakken Shale Update

By Andrea: http://oilshalegas.com

GeoResources Inc. (GEOI) recently announced their first Bakken Shale well in Montana, located in Roosevelt County, Montana:

Their first Bakken well in Montana, the Renegade #1-10H has been drilled and is waiting on a frac. The well was drilled in the Middle Bakken on a 640 acre unit. The well is located on our 2,920 gross acre Rip-Rap prospect in Roosevelt County, Montana in Section 10, T26N-R59E. We have a 25% working interest in the well and prospect.

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Fore more shale updates, visit: http://blackberrystocks.blogspot.com

Wednesday, September 15, 2010

Richland County - Bakken Shale Update

By Andrea: http://oilshalegas.com

Continental Resources, Inc. (CLR) recently announced another significant well completion in the Bakken Shale, located Richland County, Montana, with the Winters 3-35H (36% WI). The Winters is a 320-acre spaced infill well (1,320 feet inter-well spacing) in the Elm Coulee Field and produced 827 Boepd in its one-day test. The Winters has a 9,000-foot lateral and was fracture stimulated in 24 stages.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Wednesday, August 25, 2010

Bakken Formation Pipeline Expansion: Enbridge Energy (EEP)

By Tim - http://oilshalegas.com

Enbridge Energy Partners L.P. (EEP) has announced a pipeline expansion in the Bakken Shale located in North Dakota, Montana, and Canada.

Enbridge Announces Next Bakken Pipeline Expansion Program

Enbridge Energy Partners L.P. (NYSE: EEP) ("EEP") and Enbridge Income Fund (TSX: ENF.UN) ("ENF") announced today that they are proceeding, subject to customary regulatory approvals, with a joint project to further expand crude oil pipeline capacity to accommodate growing production from the Bakken and Three Forks formations located in Montana, North Dakota, Manitoba and Saskatchewan. The Bakken Expansion Program will increase takeaway capacity from the Bakken play by 145,000 barrels per day (bpd), which can be readily expanded to 325,000 bpd at low cost. EEP and ENF are affiliates of Enbridge Inc. (collectively "Enbridge").

Enbridge's Bakken Expansion Program will involve U.S. projects which will be undertaken by EEP at a cost of approximately US$370 million; and Canadian projects which will be undertaken by ENF at a cost of approximately Cdn $190 million. The expansion program will originate at Beaver Lodge Station near Tioga, North Dakota, in the heart of the Bakken, and will follow existing EEP and ENF rights of way to terminate at and deliver to the Enbridge mainline terminal at Cromer, Manitoba

Full Article

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Thursday, August 19, 2010

Brigham Exploration Co. (BEXP): Bakken shale update

By Andrea: http://oilshalegas.com

Brigham Exploration Company (BEXP) recently acquired a 9,900 net acre block in the Bakken shale, located in Richmond County, Montana. They plan to spud a well in the area between their Sweetman and Sedlacek wells in October.

They acquired an additional 17,300 net acres that lies further due west in Montana, northwest of the Elm Coulee Bakken field.They believe this area has very good potential. They currently plan to drill their first well in that area, which could potentially begin to move it into the core category during the first quarter of 2011.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Tuesday, August 17, 2010

Roosevelt County, Montana: Bakken Shale Update

By Andrea: http://oilshalegas.com

Brigham Exploration Company (BEXP) announced three Bakken discoveries in Roosevelt County, Montana. Brigham operates on roughly 75,000 net acres in Roosevelt County. They currently have one well completed, the Rogney well which has proven to be a good learning experience that will pave the way for subsequent wells. Brigham fraced the initial nine stages in the lateral lower frac rates to ensure that they could gain valuable data from the initial test, despite the fact that it reduced the productivity of the well.

Brigham Exploration Company (BEXP) engages in the exploration, development and production of onshore natural oil and gas reserves in the United States. It currently trades at around $16.00/share on the NASDAQ.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Richmond County, Montana: Bakken Shale update

By Andrea: http://oilshalegas.com

Brigham Exploration Company (BEXP) recently acquired a 9,900 net acre block in the Bakken shale, located in Richmond County, Montana. They plan to spud a well in the area between their Sweetman and Sedlacek wells in October.

They acquired an additional 17,300 net acres that lies further due west in Montana, northwest of the Elm Coulee Bakken field.They believe this area has very good potential. They currently plan to drill their first well in that area, which could potentially begin to move it into the core category during the first quarter of 2011.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Wednesday, August 4, 2010

Newfield Exploration Company acquires Southern Alberta Basin Wells: Glacier County, MT

By Andrea: http://oilshalegas.com

Newfield Exploration Company (NYSE: NFX) announced that it added two new Oil Plays to its total acreage in late 2009 and early 2010. One of the two plays includes the Southern Alberta Basin area in Glacier County, Montana. This well is part of an assessment program that extends to 8 Southern Alberta Basin wells in total for 2010. The program will reach both horizontal and vertical wells. Other geologic formations in the program include the Lodgepole, Middle Bakken, Three Forks and Nisku. Newfield Exploration Company (NYSE: NFX) currently holds roughly 230,000 net acres in Glacier County, Montana.

Read more on Newfield Exploration Company (NYSE: NFX) here: http://phx.corporate-ir.net/phoenix.zhtml?c=63798&p=irol-newsArticle&ID=1450262&highlight

For more Shale updates, visit http://blackberrystocks.blogspot.com/

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Sunday, October 26, 2008

Bakken Shale Oil Update 10/27/08 - Sanish Three Forks

Newfield Exploration ( NFX ) has come out with an update on their Bakken Shale formation. They also give some insight on the Sanish/ Three Forks area as well where they are drilling for Oil.

October Update - Bakken Formation

Our current net production from the area is approximately 2,500 BOEPD, and our activity level in the greater Williston Basin is expected to increase in 2009. We plan to operate three rigs throughout 2009. Plans include continued development and expansion along the Nesson Anticline and our exploration areas west of the Nesson and in Montana. We have 473,000 gross acres (160,000 net) in the Williston Basin. Our acreage position has prospective targets that include the Bakken Shale, as well as the Madison, Red River and Three Forks/Sanish. The Jorgenson 1-15H, our first Sanish/Three Forks horizontal well, is an apparent success and the well awaits completion at this time. Flow rates are expected in early November. We expect to drill four additional operated wells near this well in 2008