Permits issued in 2011:
- 20485, 762, SM Energy, Barnes 2-2H, Elk, s5/11; t7/11; F; cum 42K 1/12;
- 20588, 1,492, BEXP, Mrachek Trust 22-15 1H, Elk, s7/11; t9/11; F; cum 19K 1/12;
- 20661, DRL, SM Energy, Hoehn 2-13H, Elk, s9/11; cum 6K 1/12;
- 20867, DRL, SM Energy, Stepanek -18H, Elk, s8/11; cum 20K 1/12;
- 20948, conf, Denbury, Stepanek 31-17SWH, Elk, 12K in 1/12;
- 21190, conf, BEXP, Lyle 21-16 1H, Elk,
- 21470, conf, Zenergy, Monson 2-11H, Elk,
- 21506, conf, Denbury, Roen 24-23NH, Elk,
- 21566, PNC, CLR, Miramar 1-32H, Elk,
- 21601, conf, CLR, Miramar 1-32AH, Elk, 14K in January, 2012
- 19572, 342, Slawson, Bonanza 1-21-16H, Elk, s10/10; t5/11; cum 47K 1/12
- 18522, 2,616, BEXP, Papinaeau Trust 17-20 1-H, Elk, s1/10; t3/10; cum 141K 1/12;
- 18653, 2,803, BEXP, Tjelde 29-32 1-H, (Glass Bluff oil field - see below), s3/10; t5/10; cum 115K 1/12
- 19219, 811, Hess, Brostuen 6-1H, Elk, Bakken, s10/10; t12/10; F; 71K 1/12;
- 19885, 524, Hess, Tattu 19-1H, Elk, Bakken, s12/10; t4/11; cum 64K 1/12;
- 16321, 707. Brigham Oil and Gas, LP, Mrachek 15-22, Elk, Bakken; s8/06, 1/08; t12/06; cum 87K 1/12
- 16542, 560, a Red River well, Whiting, Lindvig 11-13, Elk, Red River, s5/07; t6/07; cum 280K 1/12;
Tjelde 29-32 1-H is technically in Glass Bluff oil field but it's right on the corner/border and for all practical purposes is in the Elk oil field. Regardless which field it is in, it is right in the middle of a "hot" BEXP area. Slawson saw that and went for a permit right next to the Tjelde, and got it Friday. BEXP gets a bit of press regarding its high IPs; it will be interesting to see what Slawson does.
This field has been fairly quiet during this most recent boom (there was only one permit granted in 2009 in the Elk oil field), but it has been very active in earlier booms. That IP of 560 for the Lindvig 11-13 is very interesting: it was a conventional well targeting the Red River. The Mrachek well must have been a very early long lateral. It's a bit truncated and the GIS map server suggests there were challenges with that well. It should be noted that the Mrachek was drilled by Brigham Oil and Gas, LP, not BEXP, obviously a forerunner of the latter or otherwise related. My myth is that the Bud Brigham was "experimenting" early with long horizontal wells. If memory serves me well, and I'm going way back before I really started following the Bakken, I believe it was Marathon that gets much of the credit for going horizontal in an earlier mini-boom in western North Dakota, before the Bakken.
For investors, the best way to invest in Slawon, not publicly traded, is through NOG which partners with Slawson. Recently, at the 2010 Enercom conference, NOG said is will be maximizing opportunities to partner with EOG and Slawson.
ELK OIL FIELD
The Elk Oil Field has been active for about as long as the oil industry has been around in western North Dakota. It includes most of two townships, 151-102 and 152-102. The field is on the south side of the river, directly south of Williston (North Dakota). Going south on US 2, the field is on your right; from the highway you can see wells in the Elk oil field, but US 2 does not go through the field. I remember that area very, very well, passing it every time we drove to the North Unit Theodore Roosevelt National Park, or farther south to the South Unit or to catch Interstate 94. (Of course, I didn't know it was a named oil field at the time. I just remember my dad pointing out wells "in the grasslands." There's something magical about the phrase, "in the grasslands.")
Until recently (September, 2010) the Elk had been a relatively quiet field, but with two big BEXP wells (Papineau Trust and the Tjelde) it is now garnering new interest. Tracker has a confidential well in the field and Slawson was just granted a permit in that field (September, 2010).
To the best of my knowledge, there are no towns or villages "in the grasslands"; nothing but wonderful farmland, mostly grain.
On Google maps, satellite views, one can see lots of oil pads in this area.