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Anschutz Enters Williams County Bakken Play

Company Plans Stepout to North Dakota Discovery

Denver-based Anschutz Exploration (Anschutz) is making its first foray into Williams County, North Dakota, looking for Bakken reserves. The company recently staked the State #1-36H-156-98, nw-ne 36-156n-98w, nearly a half-mile southwest of a horizontal Bakken discovery drilled by American Oil and Gas (American). This well, the Ron Viall #1-25H, sw-se 25-156n-98w, has produced up to 2,844 boepd and is currently flowing between 700 bopd and 800 bopd. American has two stepouts to this discovery: the Bergstrom #15-23H, sw-se 23-156n-98w, and the Johnson #15-35H, sw-se 35-156n-98w. Both of these prospects have been drilled and are waiting on frac.

It appears that Anschutz is working in conjunction with American, as section 36 had earlier been spaced by American for the Bakken on 640 acres, indicating that the bottom-hole location for the Anschutz venture will be in the s/2 of 36-156n-98w.

As mentioned, this staking by Anschutz represents the company’s first attempt to establish Bakken production within Williams County. The firm is very active some 75 miles to the southeast in Dunn County, where they currently have four drilling rigs under contract chasing the Bakken.

North Dakota Oil Patch

North Dakota Oil Patch

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Gas & Crude Oil Prices07/29

Area Price/bbl,
API
West Texas Intermediate 74.98
Central Montana 66.73
Northwest Montana Sour 68.25
Williston Basin Sweet 64.00
Williston Basin Sour 57.25
Wyoming General Sour 57.50
Wyoming Sweet (Powder Rv Bsn) 62.36
Colorado D-J Basin 63.30
Four Corners 73.80
Nebraska 63.36
S-Eastern Colorado 68.25
Western Colorado 59.58
Kansas Sweet NW 67.25
Kansas Sweet SW 67.10
Henry Hub Gas, mcf 4.80
Opal WYO Gas, mcf 3.86
El Paso-San Juan Gas, mcf 4.14
NY Citygate, mcf 5.13
CO - W Slope Gas, mcf 3.86
CO - E Slope Gas, mcf 3.94

Rig Count07/23

As reported by Baker Hughes

State This
Week
Week
Ago
Month
Ago
Year
Ago
Colorado 62 61 54 44
Kansas 15 16 18 19
Montana 5 6 5 0
Nebraska 0 0 1 0
Nevada 8 8 6 1
New Mexico 71 70 65 43
North Dakota 126 122 120 42
South Dakota 1 1 1 1
Utah 27 28 27 17
Wyoming 41 41 43 31
TOTAL US 1585 1571 1552 943
Canada-Land 346 364 270 179

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