Petro-Hunt drilled two wells in and HRC Operating bought the wells.
FB 150-94-3B-10-1H has produced Barrels Oil: 346,528 with MCF Gas: 508,758
FB 150-94-3B-10-2H has produced Barrels Oil: 212,673 with MCF Gas: 227,435
HRC Operating has just permitted to add 5 more wells to the same section.
They have not drilled Spotted Horn before.
File # 31454 HRC OP FB 150-94-3B-10-10H
File # 31455 HRC OP FB 150-94-3B-10-11H
File # 31456 HRC OP FB 150-94-3B-10-12H
File # 31457 HRC OP FB 150-94-3B-10-13H
File # 31458 HRC OP FB 150-94-3B-10-3H
Enerplus also just permitted the section next to HRC operating.
The Spotted Horn field is just South of the Antelope field and borders the Missouri River.
File Tabeguache Pad Case 23535 order 25875
24150 Well: FB 148-94-27C-22-3H 40,568 BO with 32,817 MCF sold
27102 Well: FB 148-94-27C-22-9H x BO with x MCF sold
27103 Well: FB 148-94-27C-22-8H 52,274 BO with 52,834 MCF sold
27105 Well: FB 148-94-27C-22-7H 41,017 BO with 37,393 MCF sold
27106 Well: FB 148-94-27C-22-6H 42,374 BO with 31,761 MCF sold
27107 Well: FB 148-94-27C-22-4H 41,946 BO with 35,391 MCF sold
File Tabeguache Pad 218,179 BO with 190,196 MCF sold 249,878 BOE
5 of 6 wells reporting about 40 days in production 6,250 BOE/D production sold.
This pad is in Mc Gregory Buttes field just South of McKenzie county has high percentage partners where HRC operating has just over 35% WI.
HRC operating has released this pad to sustain production, which is close to 42,000 BOE/D.
Mc Gregory Buttes field was up 33,000 BO this month as a result, Eagle Nest was up 27,000 BO and that was just one well release (file 25502), Antelope was up 3,000, Four Bears down 11,000. HK is using the Bakken/Three Forks to sustain their status. MS wells were costly so they pulled the rigs, TX is still making a profit and holding production.
Answer yes... but there is a strategic drilling status as now partners are sharing the operation expenses in the new drilling.