Monday, December 7, 2009

Whiting Updates Pipeline Progess

Denver-based Whiting Petroleum Corp. issued a press release today announcing the completion of a well in Golden Valley County. The initial flow rate measured on 11/28 was 1,970 barrels of oil equivalent per day. The well was drilled in the Three Forks formation on the company's Lewis and Clark prospect and was completed using 14 fracture stages. According to the press release, Whiting plans to drill nine more wells on the 175,000 acre prospect in 2010.

The press release also announced that Whiting has completed its 17-mile pipeline that runs from a central gathering point near Whiting's Robinson Lake gas plant in Mountrail Country north to Stanley. There it connects to the Enbridge pipeline, which carries oil east to Clearbrook, Minn. The Enbridge pipeline currently is being expanded to a capacity of 161,000 barrels of oil per day from its current capacity of 110,000 barrels per day. This expansion is expected to be completed in the first quarter of 2010.

Whiting says it expects to be transporting all of the production from its Sanish and Parsall fields (currently just over 20,000 bpd) to Stanley via its new pipleine by March 2010.

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