About the Play巴肯
Oil was first discovered on Henry Bakken's land in 1951,but it wasn't until the past decade that technology advances turned the basin into one of the country's largest oil production regions.With more than ten years of experience in the Bakken,we're focused on the high-return Myrmidon area,building on the successes from our enhanced completion designs,as well as delineating our position in Hector.
We've been operating in North Dakota since 2006.Our acreage is located primarily within the established Williston Basin in Dunn,Hettinger,McKenzie,McLean,Mountrail,Slope and Williams counties in North Dakota.
Latest Activity4Q 2018
Our production in the Bakken in North Dakota averaged 94,000 net boed in 4Q,up 37% from the year-ago quarter.Oil production was up over 40% from the year-ago quarter. We brought 27 gross Company-operated wells to sales with an average 30-day initial production (IP) rate of 3,335 boed (76% oil),with activity primarily concentrated in Myrmidon.The team also conducted a successful core extension test in the Ajax area of Dunn County,as the four-well Gloria pad achieved an average 30-day IP rate of 2,370 boed (81% oil) at an average completed well cost of approx.$5 million.
SpeechWilliston Basin Petroleum Conf
One of the most important lessons we've taken from the Bakken,is to never be satisfied with what you think you knew yesterday.
Using Best PracticesHydraulic Fracturing
In combination with advanced horizontal drilling technology,fracking makes it possible to develop oil and gas resources that were previously inaccessible.