#24374 - P WOOD 154-98-3-27-34-14H3, 1860 BOPD, 1969 BWPD - Upper 3 Forks
#24376 - P WOOD 154-98-3-27-34-15H3M, 915 BOPD, 2381 BWPD -Mid 3 Forks
#24375 - P WOOD 154-98-3-27-34-15H, 2085 BOPD, 2298 BWPD - BAKKEN
#24649 - P WOOD 154-98-3-27-34-14H, 1824 BOPD, 3553 BWPD - BAKKEN
#23794 - SMOKEY 3-30-18-2H3,1283 BOPD, 2278 BWPD - Mid 3 Forks
#23795 - SMOKEY 3-30-18-3HA, 1829 BOPD, 2100 BWPD – BAKKEN
#23797 - SMOKEY 3-30-18-3H3, 1294 BOPD, 2618 BWPD - Upper 3 Forks
the revenue statement for the third quarter (and the fourth) is going to jump off the page. can't wait to see an updated, audited reserves report
and to answer another question, the three forks wells (especially lower pressure ones) do not deplete as fast but with the limited number of wells drilled, the depletion curves and related total EUR calculations are still being defined
These wells were released today and that is about 6,000 bopd in production so in about 30 to 60 days it will probably settle around 3 to 4 thousand. Either way these well are pretty good results and I would expect a price bump or some buying tomorrow. Plus there were other wells released yesterday, none of that was in the June report. The question would be were these numbers included in the press release about a week ago.
KODIAK OIL & GAS (USA) INC., P WOOD 154-98-3-27-34-14H3, NENW 27-154N-98W,
WILLIAMS CO., 1860 BOPD, 1969 BWPD - BAKKEN
#24376 - KODIAK OIL & GAS (USA) INC., P WOOD 154-98-3-27-34-15H3M, NENW 27-154N-98W,
WILLIAMS CO., 915 BOPD, 2381 BWPD - BAKKEN
#24375 - KODIAK OIL & GAS (USA) INC., P WOOD 154-98-3-27-34-15H, NENW 27-154N-98W,
WILLIAMS CO., 2085 BOPD, 2298 BWPD - BAKKEN
#24649 - KODIAK OIL & GAS (USA) INC., P WOOD 154-98-3-27-34-14H, NENW 27-154N-98W,
WILLIAMS CO., 1824 BOPD, 3553 BWPD
Wow, lots of water, hope they find places to put it all. Lots of oil also. Still hoping for a buyout, maybe it will be forthcoming now. Otherwise KOG remains dead money for a long long time. To lazy to look and see when those numbers came out, but if during market it didn't help the stock and if AH it has not moved a penny.
They have said several times they have salt water injection wells already drilled to handle the water.
Smoky have been out for a couple days. Not sure when polar are released. It's on the ND gov page, so not sure when its released. I wouldn't expect it to move the price much one way or the other. Basically it's just proving what everyone is expecting.