Tuesday, January 29, 2008

Parshall Production And Maps

In December, Parshall Field produced about 156K bbls from 14 wells. Gas production for Nov. (Dec. is not in yet) was about 46 mmcfg. The highest gas production was in Aug. when 13 wells produced 70 mmcfg, which also had the highest oil production so far at 190K bbls.

David was kind enough to plot all the wells in the original Parshall Field area and the recent extended Austin area to the North so everyone could reference them.


Anonymous said...

Keep in mind that for the wells that are no longer on the confidential list, the laterals on the map are as depicted on the North Dakota dmr GIS map. But what I have been doing is locating the new well permits based on the daily activity reports, and then sketching in the likely lateral based on where the well is located on each section. I have been double checking the accuracy of my drawings as wells come off the confidential list, and so far my "speculative" laterals have been quite accurate, with virtually all following a simple NW-SE or SE-NW line within the section. Many of the wells I show have not even been spudded yet, but I think these maps give a clearer picture of how the field will look than the dmr GIS server does. And there could be a few surprises that will require corrections on my part. So be aware that some of what you are seeing here is educated guesswork not based on official data.

Anonymous said...

Much quicker to load your map David. Another question. Slawson has permits in 152-91 and 151-90 and others. Why do they request permits when I doubt they could drill in all those areas in the near future?

Anonymous said...

Does anyone know of any drilling activity in McLean County or near 150N 89W

Anonymous said...

Looks impressive to me. What do the experts on this board think?

Whiting Petroleum Corporation Announces Completion of North Dakota Bakken Well Flowing 2,530 BOE/D
07:00 a.m. 01/31/2008 Provided by

Announces 2008 Bakken Drilling Plans
DENVER, Jan 31, 2008 /PRNewswire-FirstCall via COMTEX/ -- Whiting Petroleum Corporation (WLL) today announced that on January 24, 2008 it completed the Liffrig 11-27H well flowing at a daily rate of 2,247 barrels of oil and 1.7 million cubic feet (MMcf) of gas or 2,530 barrels of oil equivalent (BOE) during a 24-hour test of the Middle Bakken formation at a vertical depth of approximately 9,920 feet. The well was drilled on the Company's Robinson Lake prospect, which has been designated the Sanish field, in Mountrail County, North Dakota.

Production from the Liffrig well was gauged on a 17/64-inch choke with a flowing casing pressure of 1,300 psi. The single lateral well, which was drilled on a 1,280-acre spacing unit, penetrated 7,720 feet of horizontal pay in the Middle Bakken. Whiting holds an 81% working interest and a 67% net revenue interest in the well and is the operator.

On December 16, 2007, Whiting completed the Locken 11-22H well, located in the two sections immediately north of the Liffrig 11-27H, flowing at an initial rate 1,323 barrels of oil and 2.0 MMcf of gas during a 24-hour test of the Bakken formation at a vertical depth of approximately 9,920 feet. During the first 30 days of production, this well averaged 818 barrels of oil and 828 thousand cubic feet (Mcf) of gas per day. Drilled on a 1,280-acre spacing unit, this single lateral well penetrated 7,625 feet of horizontal pay. Whiting owns a 99% working interest and an 82% net revenue interest in the well and is the operator.

The oil produced from the Sanish field is high quality sweet crude (41 - 42 API gravity) that sells at or near West Texas Intermediate posted price levels. These prices typically range from $3.50 to $6.50 below NYMEX prices.

The gas produced from the Sanish field contains large amounts of natural gas liquids (NGLs) and has a Btu content of approximately 1,700 Btu per cubic foot. In December 2007, Whiting broke ground for the construction of a natural gas processing plant that will strip out these liquids and allow the natural gas to be transported by pipeline to market. The Company anticipates that the plant will be on stream in April 2008. The initial capacity of the plant will be 3 MMcf of gas per day and is expected to increase to 18 MMcf -- 33 MMcf of gas per day in the fourth quarter of 2008. The yield from the plant is expected to approximate 150 - 170 barrels of NGLs per 1 MMcf of gas.

James J. Volker, Whiting's President and CEO, commented, "We are extremely pleased with our initial results in the Sanish field and plan to drill approximately 30 wells, with at least an average 80% working interest, there in 2008. We currently have three rigs working in this area and are moving in a fourth rig that will spud a new single-lateral well later this week. We expect to have results on two more wells by March 31. In addition, in 2008 we expect to participate in approximately 40 wells in the Parshall field with an approximate 20% working interest."

About Whiting Petroleum Corporation

Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company trades publicly under the symbol WLL on the New York Stock Exchange. For further information, please visit http://www.whiting.com .

Anonymous said...

What is tracker resources I've been looking for more information on that company and cannot find any. Does anyone have a clue as to who they are

Anonymous said...

Thanks for the maps, David.

People may find it useful to compare your map to that provided by Whiting in their January 2008 presentation. Whiting's map shows Parshall and Sanish field wells, with horizontal direction of the wells including Whiting's tri-laterals in Sanish/Robinson Lake area. Since Whitng has a WI in the Parshall wells, I assume that even though they don't operate those wells, the horizontal orientations are correct. For Parahsall, Whitng confirms David's orientation of the wells all running NW-SE or SE-NW.

Whitng's map distinguishes between producing wells, wells that are completing, wells that are drilling, and those with approved AFIs.

See Slide 52: http://www.whiting.com/download/GENERAL_CORPORATE_INFORMATION.pdf