TFS rates sound good but 476 bopd on a 1280 spacing unit in the Bakken probably does not meet the company expectations going into this. Perhaps someone will ask about this on the thur conf call.
On Sep 29, 6:43 pm, bradaz <[EMAIL PROTECTED]> wrote: > Continental and Whiting announced today that they will be presenting > at the Merrill Lynch Global Energy Mid & Small Cap Conference on Oct > 2nd. Haven't seen anybody else announcing a presentation. > > On Sep 29, 1:25 pm, go-devil <[EMAIL PROTECTED]> wrote: > > > > > Continental Resources Announces Additional Well Completions In North > > Dakota Bakken Shale > > > ENID, Okla., Sept. 24 /PRNewswire-FirstCall/ -- Continental Resources, > > Inc. (NYSE: CLR) today announced initial production results for four > > wells that it recently completed in the northern portion of its North > > Dakota Bakken acreage, including its fifth well targeting the Three > > Forks/Sanish (TFS) formation. > > > The Omar 1-1H (41% WI) in Williams Co. flowed at an average rate of > > 1,126 barrels of crude oil equivalent per day (boepd) from the TFS > > formation during its seven-day production period test. The Omar 1-1H > > was drilled as a single lateral on 1,280-acre spacing. > > > Also in the northern portion of Continental's North Dakota acreage, > > the Company completed three wells targeting the Middle Bakken zone. > > The Company completed the Bliss 1-16H (54% WI) in Divide Co., the Skar > > 1-21H (54% WI) in Divide Co., and the Overlee 1-30H (54% WI) in Burke > > Co. for average rates of 476, 394 and 198 boepd respectively in their > > seven-day production period tests. The three wells were completed as > > single laterals on 1,280-acre spacing. > > > Continental is operating 10 rigs in the North Dakota Bakken play at > > this time, with six of those targeting the Three Forks/Sanish > > formation, which typically lies 50-to-125 feet below the Middle Bakken > > zone across the Company's North Dakota acreage. > > > "These four new completions further validate the productive potential > > of the northern part of our Bakken acreage," said Harold Hamm, > > Chairman and Chief Executive Officer. "We are in the process of > > completing three more TFS wells in this area at this time. Data from > > these will add to our understanding of the TFS potential in Burke, > > Divide and Williams counties." > > > Continental Resources is a crude-oil concentrated, independent oil and > > natural gas exploration and production company with operations in the > > Rocky Mountain, Mid-Continent and Gulf Coast regions of the United > > States. The Company focuses its operations in large new and developing > > resource plays where horizontal drilling, advanced fracture > > stimulation and enhanced recovery technologies provide the means to > > economically develop and produce oil and natural gas reserves from > > unconventional formations. > > > SOURCE Continental Resources- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
