Million Dollar Way (All Bakken All The Time): BEXP Announces Record TFS Well -- East Fork Oil Field -- Bakken, North Dakota, USA

Friday, September 23, 2011

BEXP Announces Record TFS Well -- East Fork Oil Field -- Bakken, North Dakota, USA

Updates

Permits

Issued in 2013
24978, conf, BEXP, Syverson 3-12H, East Fork,

24977, conf, BEXP, Syverson 2-12H, East Fork,

24773, conf, BEXP, Judy 22-15 2H, East Fork,

24759, conf, BEXP, Melissa 31-30 7TFH, East Fork,

24758, conf, BEXP, Melissa 31-30 6H, East Fork,

24757, conf, BEXP, Melissa 31-30 5TFH, East Fork,

24756, conf, BEXP, Melissa 31-30 4H, East Fork,

24755, conf, BEXP, Melissa 31-30 3TFH, East Fork,

24754, conf, BEXP, Melissa 31-30 2H, East Fork,

Issued in 2012
22522, 522, Liberty Resources,Nelson 156-100-17-20-1H, East Fork, t8/12; cum 91K 1/13;
22719, conf, Petro-Hunt, Syverson 156-99-30A-1H, East Fork,
22783, 2,256, KOG, P Alexander 155-99-16-11-2-1H3, East Fork, t8/12; cum 47K 11/12;
22866, 763, CLR, Carpenter 1-12H, East Fork, t8/12; cum 35K 11/12;
23007, PNC, Zavanna,
23033, 2,888, BEXP, Jennifer 26-35 1H, East Fork, t11/12; cum 45K 1/13;
23034, 2,850, BEXP, Allison 23-14 1H, East Fork, t11/12; cum 39K 1/13;
23035, conf, BEXP, Jennifer 26-35 2TFH, East Fork,
23036, conf, BEXP, Allison 23-14 2TFH, East Fork,
23043, PNC, Petro-Hunt,
23115, 773, Zavanna, Tomahawk 10-3 1H, East Fork, t9/12; cum 50K 11/12;
23125, 603, Zavanna, Double Down 24-13 1H, East Fork, t11/12; cum 60K 1/13;
23132, conf, Liberty Resources, Cavalli State 156-100-9-4-1H, East Fork,
23180, 833, CLR, Buddy 1-27H, East Fork, t1/13; cum 5K 1/13;
23181, 318, CLR, Domindgo 1-22H, East Fork, t1/13; cum --
23211, 577, CLR, Durant 1-12H, East Fork, t11/12; cum 43K 1/13;
23751, conf, BEXP, Judy 22-15 4TFH, East Fork,
23752, conf, BEXP, Irgens 27-34 4TFH, East Fork,
23753, conf, BEXP, Judy 22-15 3H, East Fork,
23754, conf, BEXP, Irgens 27-34 3H, East Fork,
24180, conf, BEXP, East Fork 32-29 3H, East Fork,
24182, conf, BEXP, East Fork 32-29 4TFH,

Issued in 2011
20370, PNC, Zavanna, SS 20-17 1H, East Fork,
20639, 2,901, BEXP, Judy 22-15 1H, t9/11; cum 133K 11/12;
20640, 2,597, BEXP, Irgens 27-34 2h, t9/11; cum 103K 11/12;
20885, 359, CLR/Newfield, Christopherson 156-99-2-11-1H, East Fork, t6/12; cum 60K 11/12;
20928, 937, CLR, Stockton 1-28H, t10/11; cum 111K 11/12;
20943, PNC, Newfield,
20944, PNC, Newfield,
20946, 159, CLR/Newfield, Vandeberg 1-26H, East Fork, t9/12; cum 39K 11/12;
21045, 3,205, BEXP, Ruth 28-33 1H, East Fork, t4/12; cum 92K 11/12;
21046, 2,264, BEXP, Jack 21-16 1H, East Fork, t5/12; cum 66K 11/12;
21068, 491, CLR/Newfield, Irgens Rexall 156-99-1801H, East Fork, t5/12; cum 56K 11/12;
21078, 2,129, KOG/BTA, P Alexander 155-99-16-11-2-1H/20711 Alexander 112 1H, East Fork, t8/12; cum 54K 11/12;
21081, 2,053, KOG/BTA, P Peterson 155-99-2-15-22-15H3, t6/12; cum 69K 1/13;
21141, 1,108, Liberty Resources/Newfield, Anna 156-100-8-5-1H, East Fork, t8/12; cum 79K 1/13;
21197, 1,100, Liberty Resources/Newfield, Jackman 156-100-18-19-1H, t4/12; cum 98K 11/12;
21198, 1,091, Liberty Resources/Newfield, Berger 156-100-7-6-1H, t4/12; cum 110K 11/12;
21295, 979, CLR/Newfield, Peterson 156-99-29-32-1H, East Fork, t5/12; cum 72K 11/12;
21514, 1,058, CLR, Seaver 1-5H, East Fork, t6/12; cum 35K 11/12;
21520, 571, CLR, Carlton 1-7H, East Fork, t7/12; cum 37K 11/12;
21775, 561, CLR, Syverson 1-1H, East Fork, t5/12; cum 52K 11/12;
22005, 3,090, BEXP, Melissa 31-30 1H, East Fork, t8/12; cum 84K 11/12;
20945, PNC, Newfield,

Issued in 2010
19731, 1,800, BEXP, Irgens 27-34 1H, t9/11; cum 95K 11/12;

Original Post

What a great Friday in the Bakken oil patch. Link here.

I spent the entire day out and about in the Bakken yesterday: Stanley, Tioga, The Links of North Dakota (Red Mike) Golf course east of Williston and then out west of Williston where BEXP has some huge wells. And now this morning, I'm sent the following (see link above):

Brigham Exploration Company announced that the Irgens 27-34 #2H Three Forks well produced approximately 2,906 barrels of oil equivalent during its early 24-hour peak flow back period, which represents a company record early production rate for a Three Forks well. The Irgens 27-34 #2H is located in Brigham's Rough Rider project area in Williams County, North Dakota. To date, Brigham has completed 88 consecutive long lateral high frac stage wells in North Dakota with an average early 24-hour peak rate of approximately 2,797 barrels of oil equivalent.

20640, 2,906 boe, BEXP, Irgens 27-34 2H, East Fork field, Three Forks

The East Fork field is northeast of Williston; the well is about 8 miles northwest of Epping. As a reminder, the new bypass around Williston will begin at the Epping turnoff on US Highway 2 north of Williston. Also, one of the nation's largest truck stops will be sited on 720-acre industrial/commercial park at that US 2 -- Epping turnoff intersection.

There is a huge, beautiful, state-of-the-art man-camp situated at that location now. It is quite impressive.

East Fork oil field is exactly two townships: T156N-99W and T156N-100W, 72 sections. There is a string of activity running in a northwest to southeast line from the middle of 156-100 to the southeast corner of 156-99. I assume these are all old Madison wells (more on them later). They are all vertical wells and most are still active.

In addition, there is now a string of Bakken wells running west to east from the center of East Fork 156-100 to 156-99.

On another note, these vertical wells are still active in East Fork, located in a relatively narrow cluster:

11242, 181, Citation, Arthur Smith 22-28, East Fork, Madison, s11/87; t11/87; cum 161,102 10/11
11937, 174, Prairie Production, Isakson 32-23, East Fork, Madison, s3/86;t3/86; cum 99,767 10/11
11941, 153, Citation, Alexander 42-22, East Fork, Madison, s2/87; t3/87; cum 151,366 10/11
11949, 408, Citation, Christopherson 14-30, East Fork, Madison, s4/86; t5/86; cum 364,510 10/11
11993, 327, Zavanna, Nelson 33-23, East Fork, Madison, s6/86; t7/86; cum 172,839 10/11
11996, 221, Bowers Oil, Nelson 44-25, East Fork, Madison, s10/86; t11/86; cum 128,319 10/11
12038, 91, Zavanna, Isakson 12-24, East Fork, Madison, s10/86; t 11/86; cum 78K 10/11
12060, 198, Bowers Oil, Nelson 11-25, East Fork, Madison, s11/86; t12/86; cum 106K 10/11
12067, 309, Citation, Strang Trust 34-30, East Fork, Madison, s12/86; t1/87; cum 304K 10/11
12096, 176, Bowers Oil, Nelson 32-25, East Fork, Madison, s2/87; t4/87; cum 107K 10/11
12098, 384, Citation, Westphal 11-32, East Fork, Madison, s6/86;t7/87; cum 201K 10/11
12115, 388, Citation, Westphal 31-32, East Fork, Madison, s6/89; t7/89; cum 271K 10/11
12182, 184, Citation, Carpenter 22-33, East Fork, Madison, s11/87; t12/87; cum 229K 10/11
12254, 68, Citation, Irgens 43-22, East Fork, Madison, s11/87; t12/87; cum 138K 10/11
12313, 70, Denbury Onshore, Arthur Smith 42-29, East Fork, Madison, s12/87; t1/88; cum 195K 10/11

For newbies, Madison wells are vertical wells that can be drilled in less than 10 days; and are generally single stage fracks, using slick water.

So, how does 200K cumulative bbls of oil from a Madison compare with a Bakken? The spacing for a Madison is generally 40 to 80 acres, I believe, maybe 80 to 160 acres. 1,280 acre spacing (Bakken)/80 --> a factor of 16.