More impressive results from the AB Bakken right next to us. Looks like we are right in the best part of the AB/MT Bakken pool. Wells all around us are doing between 250-940bopd(Between 2-18 miles in distance), however most results are still confidental which isn't a bad thing.
Alberta Bakken
Production test results and additional data from the first four Alberta Bakken wells (100% working interest) drilled by DeeThree in 2012 are provided in the following table. The production test results from the recently completed third and fourth wells exceeded expectations averaging 940 bbls/d and 960 bbls/d of oil after a 10 day and 5 day test respectively.
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Average End of Current
Test Rate Test Rate IP 30 IP 60 Rate Oil
Well (bbl/d (bbl/d (bbl/d (bbl/d (bbl/d Cumulative
Identification oil) (1) oil) (1) oil) oil) oil) (bbls)
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Location #1 765 550 415 370 240 25,000
(4 day) (70 days)
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Location #2 957 800 N/A N/A 385 12,700
(6 day) (22 days)
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Location #3 940 620 N/A N/A N/A 9,800
(10 day) (10 days)
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Location #4 960 650 N/A N/A N/A 5,400
(5 day) (5 days)
.
We still have a Bakken well that needs to be tested, an or drilled deeper to the 2800-3200metre sweet spot that area plays are hitting at around us. The upper Madison zone that Privco tested was
in the Jensen pool, not below it. These Bakken wells are $4-5 million a piece to drill and Privco maybe spent a million on testing the two Jensen wells.
Early in 2008, BNP drilled a third well at 102-5-4-3-20 W4M to a depth of 2381 metres to evaluate the Mississippian zone
as well as deeper potential targets that could be possibly trapped by the same closure associated with BNP’s Mississippian
discovery. The third well was drilled, cased and completion operations initiated. One deep zone was perforated, resulting
in gas to the surface but was abandoned due to its uneconomic nature. Unfortunately, unseasonably warm weather in 2008
forced an operational shutdown. An additional deep zone has been perforated and tested oil. The well awaits further
completion and evaluation uphole. The well was further evaluated by “Privco” in 2010 with the Upper Madison zone
being perforated and acidized. In 2011 BNP further evaluated the well and engaged the services of a consulting production
engineer to review the production results.
BNX.A
