Tuesday, November 13, 2007

Petro-Hunt's Unconventional Hidden Gem At Charlson

With all the bluster over the exceptional wells in the Parshall area, it's easy to overlook what appears to be the best long-term Bakken producer in the state, the Petro-Hunt LLC USA 2D-3-1H well in Charlson Field about 25 miles west of the Parshall area activity. This well has consistently flowed over 20K bbls/month (presumably still on a choke) since going on line in October of '06 from the fractured Sanish siltstone in the extreme upper portion of the Three Forks Formation just below the lower Bakken Shale. This past Sept. the well again produced 20,666 bbls, 26 mmcfg and only four bbls of water during 30 days of production. Total production since Oct. of '06 has been 270K bbls, 331 mmcfg and 143 bbls of water.

In late July, Petro-Hunt completed an extension in the section to the south, the USA 11B-2-2H, sec. 11, 153N-95W, which appears to be another excellent well. The well had an IP flowing rate of 700 bopd, 850 mcfgd, and no water. From late July through September it produced 44K bbls, 45 mmcfg, and 34 bbls water.

This summer, the company also redrilled
a well in sec. 14 after a fish was left in the first hole that was drilled at the same location. During the drilling of the first well, the rig took a pretty good gas kick, but was brought under control. This well has not yet been officially completed. Petro-Hunt is currently drilling an east offset in sec. 12, and the company definitely has a nice little (or maybe big) sweet spot in this area.

4 comments:

Jayson said...

Looking to put some trucks to work in North Dakota just wondering if anyone can give me some advice on how to get a foot in the door. Seems like it's pretty tough to get in any help would be a huge help. miked4185@gmail.com

Hog Hunting Texas said...

Very nice and useful post thanks for sharing.

Anonymous said...

Petro-Hunt has a lease on eastern Montana property of which we hold the mineral rights. Why is there no drilling with such a hugh reserve of recoverable oil??????
Can anyone please tell us why it is not being taken out of the ground?? All we ever hear is that it is being seismographed. It has already a fact that the oil exists in ample supply on our land.
Maybe its time to take a trip back
to the Sidney/Elm Creek area and see if any rigs are setup on the property, and then go to Richland County Courthouse to get the truth.

Anonymous said...

Regarding the huge oil reserves in the Bakken Basin of eastern Montana.
All the American people ever hear is how we are dependent on foreign oil.......that being said, WHY were the existing wells "capped" instead of taking the badly needed oil out of the ground??
Then the oil company wants the lease rights from mineral rights holders, but do absolutely no drilling. All they do Seismograph in the area where it is a proven fact that the recoverable oil already exists??
I think next time when its time to renew the lease we will just "pass" until we investigate further what, if anything, the company intends to do. It does not make any sense to be tied-up with a company that sits idly by doing nothing such as Petro-Hunt in this case!!!!