Saturday, June 2, 2012

Foreman Butte Field -- Update

This case from the May, 2012, dockets suggested perhaps it would be interesting to look at the Foreman Butte oil field:
Case 17838, Zenergy, Foreman Butte-Bakken, request to establish 16 new 1280-acre units; 8 wells each;  that's 128 wells; McKenzie Count;
The Foreman Butte oil field is approximately 60 sections in size, directly west of Alexander, North Dakota. It is "owned" by Zenergy but Zavanna has gotten all of the permits in this field (except for one by Petro-Hunt) in the past 18 months.  When one quickly glances at the NDIC GIS map server, it looks like there is one short directional lateral in about 75 percent of the sections. These are generally Madison wells drilled back in 2003 - 2007. A quick run through the file reports suggests the average IP was about 150 bbls, with a range from 50 to 300. It looks like many (most?) of the wells have produced about 75,000 bbls of oil, some have produced more than 100,000 bbls.

With regard to the Bakken boom:

Permits issued in 2012:
  • 22314, conf, Zavanna, Browning 28-33 1H,
  • 22458, conf, Zavanna, Witt 34-27 1H, 
  • 22759, conf, Zavanna, Martinez 36-25 1H,
  • 22760, conf, Zavanna, Rogers 1-12 1H,
Permits issued in 2011: 
  • 20414, DRL, Zavanna, Larsen 32-29 1H, s11/11;
  • 20478, 674, Zavanna, Koufax 3-10 1H, t11/11; cum 49K 4/12;
  • 20868, PNC, Zavanna, Hunter 2-11 1H,
  • 21372, conf, Zavanna, Bunning 35-26 1H,
  • 21725, conf, Petro-Hunt, USA 150-102-6A-7-1H,
  • 21864, conf, Zavanna, Wells 6-7 1H, s3/12;
Permits issued in 2010: None

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