David - what do you hear about the new wells in Fertile Township?
Good, bad or indifferent?


On Nov 5, 6:22 am, David <[EMAIL PROTECTED]> wrote:
> CEO Mark Papa seemed more concerned about declining nat gas prices
> than declining oil prices. $7 seems to be the nat gas price level
> where they start restricting gas production.
>
> EOG has leases and is driling wells  nearly all in an area where the
> wells are economic even if oil prices dropped well below current
> prices. They seem happy with results from their first Burke TWP wells
> north of Austin  or at least that is the drift of what was said. It
> will be interesting to see what happens with the Sidonia TWP well in
> the first row of townships inside Mountrail county.way on the
> north.They drilled one well in Vanville TWP in BUrke county still
> further north of the Sidonia well, but they have not returned there
>
> Its a bunch of the OTHER players that are in the more marginal (aka
> crude price sensitive) areas.
>
> Meanwhile on the south side of the field the Major 43 pre-rig is off
> of Fertile  5-4H and has moved up to Burke TWP to do more initial
> drilling  and good old Nabors 337 is scheduled to go in to finish that
> well once it gets done on the current Van Hook twp well it is drilling
> just to the north of ND 23 on the road to New Town. Nabors 337 has
> been all over on the southern edge of the Parshall field, and last
> summer drilled Fertile 4-5H just west of the new Fertile 5-4H where it
> will move next. Confusing names for Fertile wells, huh? My dad and I
> used to measure crops in Fertile TWP for ASCS when I was in HS.
>
> No late or updated word on where good old Pioneer 57 will be hanging
> out next, currently drilling on the section immediately north of where
> Nabors 337 has neen drilling along ND 23 also in Van Hook twp. These
> two rigs have been hanging out in close proximity to each other,
> having drilled Shirley 17H and Hovda 8H at the same time as well
>
> These are my two favorite rigs, and I watch where they go hawk-
> like.While I am not there, in my mind's eye I can see exactly how all
> of this must look.
>
> David

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