For the latest Divide County update, click here
The October preliminary production figures released today by the North Dakota Department of Mineral Resources show Divide County's oil volume at 904,777 barrels compared to 795,145 reported in September, a jump of 109,632 barrels or 14%. The total number of producing wells was reported at 373, up from 359 reported in September, a gain of 14 wells or 4%. Since October 2011, Divide County's oil production gas increased by over 370,000 barrels or nearly 70%. Given its current pace, Divide should easily surpass a million barrels per month by the year's end.
December Permits
#24544 - MOUNTAIN VIEW ENERGY INC., OLSON 35-26-1H, SESE 35-163N-101W, DIVIDE CO., 250' FSL and 1070' FEL, WILDCAT, WILDCAT, 'Tight Hole', 2300' Ground, API #33-02300960
#24587 - MUREX PETROLEUM CORPORATION, KERI ELIZABETH 4-9H, LOT2 4-162N-101W, DIVIDE CO., 240' FNL and 1900' FEL, WILDCAT, WILDCAT, 18117', 9-5/8 inch , 2224' Ground, API #33-023-00961
#24590 - AMERICAN EAGLE ENERGY CORPORATION, HAGBERG 2-1N-163-101, LOT2 1-163N-101W, DIVIDE CO., 322' FNL and 2190' FEL, DEVELOPMENT, COLGAN, 'Tight Hole', 2253' Ground, API #33-023-00962
#24591 - AMERICAN EAGLE ENERGY CORPORATION, MYRTLE 2-1-163-101, LOT 2 1-163N-101W, DIVIDE CO., 348' FNL and 2093' FEL, DEVELOPMENT, COLGAN, 'Tight Hole', 2247' Ground, API #33-023-00963
#24593 - CONTINENTAL RESOURCES, INC., ROSENVOLD 3-30H-3, NENE 30-160N-96W, DIVIDE CO., 300' FNL and 1050' FEL, DEVELOPMENT, HAMLET, 'Tight Hole', 2249' Ground, API #33-023-00964
#24594 - CONTINENTAL RESOURCES, INC., ROSENVOLD 5-30H-2, NENE 30-160N-96W, DIVIDE CO., 300' FNL and 850' FEL, DEVELOPMENT, HAMLET, 'Tight Hole', 2246' Ground, API #33-023-00965
#24595 - CONTINENTAL RESOURCES, INC., SIMCO 1-26H, NWNE 26-160N-99W, DIVIDE CO., 300' FNL and 2100' FEL, DEVELOPMENT, BURG, 'Tight Hole', 2217' Ground, API #33-023-00966
#24596 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-1TFH, SWSW 36-163N-100W, DIVIDE CO., 636' FSL and 838' FWL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2222' Ground, API #33-023-00967
#24597 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-2TFH, SWSW 36-163N-100W, DIVIDE CO., 624' FSL and 859' FWL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2221' Ground, API #33-023-00968
#24598 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-3TFH, SWSW 36-163N-100W, DIVIDE CO., 612' FSL and 881' FWL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2221' Ground, API #33-023-00969
#24601 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-7TFH, SESE 36-163N-100W, DIVIDE CO., 260' FSL and 1260' FEL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2270' Ground, API #33-023-00970
#24602 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-6TFH, SESE 36-163N-100W, DIVIDE CO., 259' FSL and 1285' FEL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2272' Ground, API #33-023-00971
#24603 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-5TFH, SESE 36-163N-100W, DIVIDE CO., 259' FSL and 1310' FEL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2272' Ground, API #33-023-00972
#24635 - AMERICAN EAGLE ENERGY CORPORATION, FRANCES 2-2-163-101, LOT2 2-163N-101W, DIVIDE CO., 250' FNL and 1900' FEL, DEVELOPMENT, COLGAN, 'Tight Hole', 2296' Ground, API #33-023-00973
#24636 - AMERICAN EAGLE ENERGY CORPORATION, AXEL 2-2N-163-101, LOT2 2-163N-101W, DIVIDE CO., 250' FNL and 1800' FEL, DEVELOPMENT, COLGAN, 'Tight Hole', 2300' Ground, API #33-023-00974
#24642 - MUREX PETROLEUM CORPORATION, JENNIFER ABIGAIL 16-21H, NWNE 16-162N-101W, DIVIDE CO., 280' FNL and 2000' FEL, WILDCAT, FORTUNA, 18118', 9-5/8 inch , 2192' Ground, API #33-023-00975
#24657 - CONTINENTAL RESOURCES, INC., FARVER 2-29H4, NENW 29-160N-96W, DIVIDE CO., 335' FNL and 1460' FWL, DEVELOPMENT, HAMLET, 'Tight Hole', 2233' Ground, API #33-023-00976
#24658 - CONTINENTAL RESOURCES, INC., FARVER 3-29H2, NENW 29-160N-96W, DIVIDE CO., 335' FNL and 1660' FWL, DEVELOPMENT, HAMLET, 'Tight Hole', 2237' Ground, API #33-023-00977
#24660 - CONTINENTAL RESOURCES, INC., SALO 4-26H, NWNW 26-160N-96W, DIVIDE CO., 385' FNL and 1060' FWL, DEVELOPMENT, HAMLET, 'Tight Hole', 2289' Ground, API #33-023-00978
#24673 - HUNT OIL COMPANY, FRAZIER 1-20-17H, SESW 20-161N-97W, DIVIDE CO., 300' FSL and 1712' FWL, DEVELOPMENT, FRAZIER, 'Tight Hole', 2158' Ground, API #33-023-00979
#24690 - BAYTEX ENERGY USA LTD, J. OLSON 27-34-162-98H 2XM, SWSW 22-162N-98W, DIVIDE CO., 300' FSL and 1140' FWL, DEVELOPMENT, WHITEAKER, 18905', 9-5/8 inch , 2123' Ground, API #33-023-00980
#24691 - BAYTEX ENERGY USA LTD, MARCELLA 36-25-162-98H 2XD, LOT4 1-161N-98W, DIVIDE CO., 300' FNL and 884' FWL, DEVELOPMENT, WHITEAKER, 18994', 9-5/8 inch , 2056' Ground, API #33-023-00981
Well File Data Released
#22989 - SAMSON RESOURCES COMPANY, BORDER FARMS 3130-6TFH, SWSE 31-164N-99W, DIVIDE CO., 281 bopd, 161 bwpd - BAKKEN
#22990 - SAMSON RESOURCES COMPANY, NOMAD 0607-6TFH, SWSE 31-164N-99W, DIVIDE CO., 373 bopd, 340 bwpd - BAKKEN
#22988 - SAMSON RESOURCES COMPANY, NOMAD 0607-5H, SWSE 31-164N-99W, DIVIDE CO., 312 bopd, 256 bwpd - BAKKEN
#22793 - SM ENERGY COMPANY, LEININGER 4-27H, NWNW 27-163N-101W, DIVIDE CO., 465 bopd, 853 bwpd - BAKKEN
#22960 - AMERICAN EAGLE ENERGY CORPORATION, ANTON 3-4-163-101, LOT3 4-163N-101W, DIVIDE CO., 698 bopd, 726 bwpd - BAKKEN
#22616 - CONTINENTAL RESOURCES, INC., LANDBLOM 4-35H, SWSW 35-160N-95W, DIVIDE CO., 748 bopd, 767 bwpd - BAKKEN
#22053 - BAYTEX ENERGY USA LTD, RANDY OLSON 8-5-161-98H 1PB, SWSE 8-161N-98W, DIVIDE CO., 188 bopd, 671 bwpd - BAKKEN
News
12/27/2012 Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) ("Magnum Hunter" or the "Company") announced today that on December 20, 2012, Bakken Hunter, LLC, a wholly-owned subsidiary of the Company, closed on its agreement previously announced by the Company on November 26, 2012 to acquire certain existing wells and approximately 20,000 net Williston Basin lease acres located in Divide County, North Dakota from Samson Resources Company. The purchase price for the assets was $30 million in cash, subject to customary adjustments. The effective date of the transaction was August 1, 2012.
With the closing of this transaction, the Company owns varied working ownership interests in these properties up to approximately 100%. The acquisition established the Company as an operator in this Bakken acreage, covering four Townships and Ranges in Divide County, North Dakota which were previously operated by Samson Resources Company. Drilling in this region during 2013 is expected to utilize a greater share of the capital budget for this Division. In addition to the acreage acquired, the Company has acquired approximately 310,000 barrels of oil equivalent of proved developed producing reserves and approximately 192 net barrels of oil equivalent production per day.
As a result of this acquisition, the Company now owns a total of approximately 180,000 net acres in the Williston Basin (45% operated). More
Source: North Dakota Industrial Commission
The October preliminary production figures released today by the North Dakota Department of Mineral Resources show Divide County's oil volume at 904,777 barrels compared to 795,145 reported in September, a jump of 109,632 barrels or 14%. The total number of producing wells was reported at 373, up from 359 reported in September, a gain of 14 wells or 4%. Since October 2011, Divide County's oil production gas increased by over 370,000 barrels or nearly 70%. Given its current pace, Divide should easily surpass a million barrels per month by the year's end.
Divide County
Monthly Oil Production 2012
• 1/2012 -- 600,357 barrels
• 2/2012 -- 567,743 barrels
• 3/2012 -- 600,443 barrels
• 4/2012 -- 667,729 barrels
• 5/2012 -- 784,409 barrels
• 6/2012 -- 823,556 barrels
• 7/2012 -- 838,582 barrels
• 8/2012 -- 815,206 barrels
• 8/2012 -- 815,206 barrels
• 9/2012 -- 795,145 barrels
•10/2012 - 904,777 barrels
December Permits
#24544 - MOUNTAIN VIEW ENERGY INC., OLSON 35-26-1H, SESE 35-163N-101W, DIVIDE CO., 250' FSL and 1070' FEL, WILDCAT, WILDCAT, 'Tight Hole', 2300' Ground, API #33-02300960
#24587 - MUREX PETROLEUM CORPORATION, KERI ELIZABETH 4-9H, LOT2 4-162N-101W, DIVIDE CO., 240' FNL and 1900' FEL, WILDCAT, WILDCAT, 18117', 9-5/8 inch , 2224' Ground, API #33-023-00961
#24590 - AMERICAN EAGLE ENERGY CORPORATION, HAGBERG 2-1N-163-101, LOT2 1-163N-101W, DIVIDE CO., 322' FNL and 2190' FEL, DEVELOPMENT, COLGAN, 'Tight Hole', 2253' Ground, API #33-023-00962
#24591 - AMERICAN EAGLE ENERGY CORPORATION, MYRTLE 2-1-163-101, LOT 2 1-163N-101W, DIVIDE CO., 348' FNL and 2093' FEL, DEVELOPMENT, COLGAN, 'Tight Hole', 2247' Ground, API #33-023-00963
#24593 - CONTINENTAL RESOURCES, INC., ROSENVOLD 3-30H-3, NENE 30-160N-96W, DIVIDE CO., 300' FNL and 1050' FEL, DEVELOPMENT, HAMLET, 'Tight Hole', 2249' Ground, API #33-023-00964
#24594 - CONTINENTAL RESOURCES, INC., ROSENVOLD 5-30H-2, NENE 30-160N-96W, DIVIDE CO., 300' FNL and 850' FEL, DEVELOPMENT, HAMLET, 'Tight Hole', 2246' Ground, API #33-023-00965
#24595 - CONTINENTAL RESOURCES, INC., SIMCO 1-26H, NWNE 26-160N-99W, DIVIDE CO., 300' FNL and 2100' FEL, DEVELOPMENT, BURG, 'Tight Hole', 2217' Ground, API #33-023-00966
#24596 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-1TFH, SWSW 36-163N-100W, DIVIDE CO., 636' FSL and 838' FWL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2222' Ground, API #33-023-00967
#24597 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-2TFH, SWSW 36-163N-100W, DIVIDE CO., 624' FSL and 859' FWL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2221' Ground, API #33-023-00968
#24598 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-3TFH, SWSW 36-163N-100W, DIVIDE CO., 612' FSL and 881' FWL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2221' Ground, API #33-023-00969
#24601 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-7TFH, SESE 36-163N-100W, DIVIDE CO., 260' FSL and 1260' FEL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2270' Ground, API #33-023-00970
#24602 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-6TFH, SESE 36-163N-100W, DIVIDE CO., 259' FSL and 1285' FEL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2272' Ground, API #33-023-00971
#24603 - SAMSON RESOURCES COMPANY, BONNEVILLE 3625-5TFH, SESE 36-163N-100W, DIVIDE CO., 259' FSL and 1310' FEL, DEVELOPMENT, WEST AMBROSE, 'Tight Hole', 2272' Ground, API #33-023-00972
#24635 - AMERICAN EAGLE ENERGY CORPORATION, FRANCES 2-2-163-101, LOT2 2-163N-101W, DIVIDE CO., 250' FNL and 1900' FEL, DEVELOPMENT, COLGAN, 'Tight Hole', 2296' Ground, API #33-023-00973
#24636 - AMERICAN EAGLE ENERGY CORPORATION, AXEL 2-2N-163-101, LOT2 2-163N-101W, DIVIDE CO., 250' FNL and 1800' FEL, DEVELOPMENT, COLGAN, 'Tight Hole', 2300' Ground, API #33-023-00974
#24642 - MUREX PETROLEUM CORPORATION, JENNIFER ABIGAIL 16-21H, NWNE 16-162N-101W, DIVIDE CO., 280' FNL and 2000' FEL, WILDCAT, FORTUNA, 18118', 9-5/8 inch , 2192' Ground, API #33-023-00975
#24657 - CONTINENTAL RESOURCES, INC., FARVER 2-29H4, NENW 29-160N-96W, DIVIDE CO., 335' FNL and 1460' FWL, DEVELOPMENT, HAMLET, 'Tight Hole', 2233' Ground, API #33-023-00976
#24658 - CONTINENTAL RESOURCES, INC., FARVER 3-29H2, NENW 29-160N-96W, DIVIDE CO., 335' FNL and 1660' FWL, DEVELOPMENT, HAMLET, 'Tight Hole', 2237' Ground, API #33-023-00977
#24660 - CONTINENTAL RESOURCES, INC., SALO 4-26H, NWNW 26-160N-96W, DIVIDE CO., 385' FNL and 1060' FWL, DEVELOPMENT, HAMLET, 'Tight Hole', 2289' Ground, API #33-023-00978
#24673 - HUNT OIL COMPANY, FRAZIER 1-20-17H, SESW 20-161N-97W, DIVIDE CO., 300' FSL and 1712' FWL, DEVELOPMENT, FRAZIER, 'Tight Hole', 2158' Ground, API #33-023-00979
#24690 - BAYTEX ENERGY USA LTD, J. OLSON 27-34-162-98H 2XM, SWSW 22-162N-98W, DIVIDE CO., 300' FSL and 1140' FWL, DEVELOPMENT, WHITEAKER, 18905', 9-5/8 inch , 2123' Ground, API #33-023-00980
#24691 - BAYTEX ENERGY USA LTD, MARCELLA 36-25-162-98H 2XD, LOT4 1-161N-98W, DIVIDE CO., 300' FNL and 884' FWL, DEVELOPMENT, WHITEAKER, 18994', 9-5/8 inch , 2056' Ground, API #33-023-00981
Well File Data Released
#22989 - SAMSON RESOURCES COMPANY, BORDER FARMS 3130-6TFH, SWSE 31-164N-99W, DIVIDE CO., 281 bopd, 161 bwpd - BAKKEN
#22990 - SAMSON RESOURCES COMPANY, NOMAD 0607-6TFH, SWSE 31-164N-99W, DIVIDE CO., 373 bopd, 340 bwpd - BAKKEN
#22988 - SAMSON RESOURCES COMPANY, NOMAD 0607-5H, SWSE 31-164N-99W, DIVIDE CO., 312 bopd, 256 bwpd - BAKKEN
#22793 - SM ENERGY COMPANY, LEININGER 4-27H, NWNW 27-163N-101W, DIVIDE CO., 465 bopd, 853 bwpd - BAKKEN
#22960 - AMERICAN EAGLE ENERGY CORPORATION, ANTON 3-4-163-101, LOT3 4-163N-101W, DIVIDE CO., 698 bopd, 726 bwpd - BAKKEN
#22616 - CONTINENTAL RESOURCES, INC., LANDBLOM 4-35H, SWSW 35-160N-95W, DIVIDE CO., 748 bopd, 767 bwpd - BAKKEN
#22053 - BAYTEX ENERGY USA LTD, RANDY OLSON 8-5-161-98H 1PB, SWSE 8-161N-98W, DIVIDE CO., 188 bopd, 671 bwpd - BAKKEN
News
12/27/2012 Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) ("Magnum Hunter" or the "Company") announced today that on December 20, 2012, Bakken Hunter, LLC, a wholly-owned subsidiary of the Company, closed on its agreement previously announced by the Company on November 26, 2012 to acquire certain existing wells and approximately 20,000 net Williston Basin lease acres located in Divide County, North Dakota from Samson Resources Company. The purchase price for the assets was $30 million in cash, subject to customary adjustments. The effective date of the transaction was August 1, 2012.
With the closing of this transaction, the Company owns varied working ownership interests in these properties up to approximately 100%. The acquisition established the Company as an operator in this Bakken acreage, covering four Townships and Ranges in Divide County, North Dakota which were previously operated by Samson Resources Company. Drilling in this region during 2013 is expected to utilize a greater share of the capital budget for this Division. In addition to the acreage acquired, the Company has acquired approximately 310,000 barrels of oil equivalent of proved developed producing reserves and approximately 192 net barrels of oil equivalent production per day.
As a result of this acquisition, the Company now owns a total of approximately 180,000 net acres in the Williston Basin (45% operated). More
Source: North Dakota Industrial Commission
No comments:
Post a Comment